Kusama is a testnet for Polkadot projects.
Kusama, a Polkadot sister chain, is a PoS network for developers to test and refine blockchains before Polkadot deployment.
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What is Kusama (KSM)?
Kusama, launched in 2019, is a Proof-of-Stake network built using Polkadot's foundation. It serves as a testing ground for developers to experiment with and refine their blockchain projects and applications before deploying them on Polkadot. This allows for thorough testing in a live environment. KSM, the network's native cryptocurrency, isn't an ERC20 token but utilizes Kusama's blockchain. It functions as a utility token for network operations, governance, and staking. Kusama mirrors Polkadot's fundamental design with a Relay Chain for validating transactions and Parachains developed by teams with unique features. Kusama offers developers flexibility through looser rules and governance compared to Polkadot. Voting on referendums takes a week, and implementation follows in eight days, muc...
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Kusama price live information
As of now, Kusama is trading at 4.06235 USD, with a 24-hour trading volume of approximately 558.96K USD. The KSM to USD price is updated in real time. Over the past 24 hours, Kusama has increased by 0.57%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 66.77M USD. Currently, there are 16 437 182.002562 KSM in circulation out of a maximum supply of 16 437 182.002562 KSM.
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