Invezz

Kusama (KSM)

Kusama is a public blockchain network closely linked to Polkadot and built from the same underlying technology stack. It is often described as Polkadot’s canary network: a live environment where new features, governance changes, runtime upgrades, and parachain projects can be tested under real economic conditions before similar ideas are considered for deployment on Polkadot. Unlike a conventional testnet, Kusama uses a market-traded native token, KSM, and has its own independent community, validators, governance process, and ecosystem.

The network is designed for speed and experimentation. Kusama typically moves faster than Polkadot, with shorter governance and upgrade cycles, making it attractive to teams that want to launch early, iterate publicly, and test blockchain applications in a production-like setting. This higher flexibility also comes with higher risk: features may be less conservative, and projects using Kusama often accept a more experimental environment in exchange for faster access to infrastructure and users.

KSM plays several roles within the network. It is used for staking by validators and nominators who help secure the relay chain, for participating in on-chain governance, and historically for supporting parachain slot activity. Kusama’s architecture supports specialized blockchains, known as parachains, that connect to the relay chain and can be tailored for use cases such as DeFi, identity, gaming, smart contracts, and cross-chain applications.

What distinguishes Kusama is its position between testnet and mainnet. It is not merely a staging area for Polkadot, but a community-owned network with its own economic incentives and culture. For developers and users, Kusama serves as a proving ground for ambitious Web3 infrastructure and early-stage blockchain products.

3.9351 USD
−0.30763 (-7.25%)

Last updated

Market Cap
$71.9M
Fully Diluted Valuation
$71.9M
24 Hour Trading Vol
$54.3M
Circulating Supply
18.3M
Total Supply
18.3M
Max Supply
COINTURK NEWS

Shiba Inu’s SHIB slips 1.8 percent as Kusama returns

Apr 23, 2026, 15:09 PM
Tree News

DWNEWS: At 97, Japan's art icon Yayoi Kusama is Instagram-ready

Mar 22, 2026, 04:02 AM
Tree News

DWNEWS: 97 years old and Instagram-ready: Japan's art icon Yayoi Kusama

Mar 20, 2026, 12:41 PM
Tree News

FAZ: Yayoi Kusama in Köln: Punkt Punkt Komma Punk

Mar 13, 2026, 17:07 PM
Tree News

AP: Famed Japanese artist Kusama featured in new German exhibit

Mar 13, 2026, 10:55 AM
Tree News

WAPO: German museum celebrates famed Japanese artist Kusama in vast new exhibit

Mar 13, 2026, 10:35 AM
PANews (EN)

Web3 Foundation's strategic adjustment: It will transfer Polkadot governance support, Polkadot Wiki, and other projects.

Mar 07, 2026, 01:57 AM
Blockonomi

Web3 Foundation Refocuses on Global Advocacy as Polkadot Ecosystem Reaches Maturity

Mar 05, 2026, 15:00 PM
Crypto News Flash

Shiba Inu Teases AI “Beyond Crypto” Project After Long Hiatus

Jan 27, 2026, 09:45 AM
The Crypto Basic

Shiba Inu Lead Kusama Returns to Social Channels as Whale Activity Hits Historic Levels

Dec 11, 2025, 02:58 AM
COINTURK NEWS

Shytoshi Kusama Keeps SHIB Followers Guessing with Prolonged Silence

Dec 06, 2025, 14:40 PM
Tree News

SFP: SafePal Supports Kusama Asset Hub Migration

Nov 04, 2025, 05:50 AM
PANews (EN)

Bithumb plans to suspend Kusama (KSM) deposits and withdrawals on October 7th

Sep 30, 2025, 23:13 PM
Coindoo

Kusama and Polkadot Begin Asset Hub Migration With Binance Support

Sep 26, 2025, 14:03 PM
CryptoPotato

Shiba Inu (SHIB) Panic: Did Its Lead Developer Really Leave the Project?

Sep 16, 2025, 07:00 AM
The Crypto Basic

Shytoshi Kusama Denies Abandoning Shiba Inu

Sep 16, 2025, 02:55 AM
PANews (EN)

Coinbase will support the transition of Polkadot and Kusama networks from the current relay chain network to the Asset Hub network.

Sep 08, 2025, 10:35 AM
U.Today

No Word on X From Shytoshi Kusama for Month But SHIB Army Unfazed

Sep 03, 2025, 08:45 AM
The Crypto Basic

Shiba Inu Team Shares Shytoshi Kusama Vision for SHIB Ecosystem on X

Sep 02, 2025, 05:55 AM
The Crypto Basic

Here Are Major Reasons Behind Shiba Inu Struggles in 2025

Sep 01, 2025, 06:47 AM
Market Cap
$71,933,397
Fully Diluted Valuation
$71,934,988
24 Hour Trading Vol
$54,316,636
24h High
$4.24
24h Low
$3.73
24h Change
-7.24%
7d Change
-10.93%
30d Change
-20.10%
1y Change
-76.24%
Market Cap Rank
#352
Market Cap Rank (rehypothecated)
#468
Circulating Supply
18,311,428
Total Supply
18,311,833
Max Supply
All-time high
$621.71 (-99.37%) · May 18, 2021, 1:04 AM
All-time low
$0.876572 (+347.32%) · Jan 14, 2020, 2:20 PM