KSMMarket cap rank 402

Kusama (KSM) price and heat score

$2.87
24h +0.4% · 7d -7.1% · 30d -14.0%
25
Heat scoreCOOL▼ -5 vs yesterday
Smart Contract PlatformPolkadot EcosystemProof of Stake (PoS)Pantera Capital PortfolioCoinbase 50 IndexHydration Ecosystem

Kusama (KSM) trades at $2.87, down 14.0% over the past 30 days. Its market cap — supply times price — is $53.7M, the 402-largest in crypto. Over a year it is -83% (down), and it sits -100% from its all-time high. On tradability, the book is thin, so incoming money moves the price easily. Taken together, the overall heat score is 25 (COOL). A higher number means more of the conditions for a rally are in place — it is not a price forecast.

One-year chart (daily close; hover for the price)
Price
$2.87
Market cap
$53.7M
FDV
$53.7M
24h volume
$3.8M
24h / 7d / 30d
+0.4% / -7.1% / -14.0%
From ATH
-99.5%
Circulating / total
100%
GitHub activity
★31
8 commits in the past 4 weeks (via CoinGecko)

Profile What kind of asset is Kusama?

A mechanical read on Kusama (KSM) from market data — a first impression to start from, not a verdict.
Market size
Small cap
A small-cap asset in the middle to lower part of the market (ranked #402)
Price swings
Narrow (24h range 2.4%)
A narrow daily range; relatively calm
Liquidity (24h volume)
Somewhat thin
Volume is on the small side, so inflows move the price easily
Dilution risk
Mostly done (100% circulating)
Nearly the entire supply cap is already circulating, so little dilution pressure remains
Long-term trend
Down sharply over 1 year (-83%)
The direction on a longer time frame
A qualitative summary based on market data. This is not investment advice.

Overview What is Kusama

Kusama is a public blockchain network that is running the exact same codebase as Polkadot. It is aimed to be a canary build for the Polkadot network which is an experimental and development environment for new features that will eventually be deployed to Polkadot. Because of the experimental nature of Kusama, the developmental speed is much faster and it has seen significant traction since launched in 2019.

Kusama is an early, highly experimental version of Polkadot presenting real economic conditions. The community will own the network – there will be no central kill switch. Kusama will exist as long as its community maintains it and we envision it will cater to new, early functionality and projects preparing to develop and deploy on Polkadot.

The description is based on public information from CoinGecko.This is information, not investment advice.

Basics How Kusama started, and its basic data

Watchlists
117K
How many people track this asset on CoinGecko — a gauge of attention
Official documents
Launch date, technical design and follower counts come from CoinGecko's public data.

Price detail Price levels for Kusama

Key price levels for Kusama (KSM). Crypto is divisible, so you can buy well under a whole coin.
Current price
$2.87
as of 2026-08-14
24h range
$2.85 – $2.92
Low to high over the past 24 hours
All-time high
$621.71
The highest price on record (2021-05-17)
Distance from ATH
-99.5%
A new high would take about 216.6x the current price
All-time low
$0.876572
The lowest price on record (2020-01-14)
Distance from ATL
+228%
About 3x its all-time low
Where it sits in today's range
Low $3Near the bottom of today's rangeHigh $3

Signals Catalysts currently in play (auto-extracted)

🏔️
Far below its all-time high
Trading -100% from its all-time high. Recovering that ground would take a substantial return of demand — and a discount this large usually has a reason worth checking.
These signals are extracted automatically by deterministic rules from the data on this page — price, volume, unlocks, development activity and chain usage. They do not forecast prices, and they contain no social-media rumour or speculation.This is not investment advice.

Returns Performance by period

Returns over each period, so you can compare short-term momentum against the longer-term trend at a glance. Positive is a gain, negative a loss.
1 hour+0.0%24 hours+0.4%1 week-7.1%2 weeks-3.5%1 month-14.0%200 days-58.8%1 year-82.6%
1 hour
+0.0%
24 hours
+0.4%
1 week
-7.1%
2 weeks
-3.5%
1 month
-14.0%
200 days
-58.8%
1 year
-82.6%
Over the past 30 days it has run about 12 points behind Bitcoin (-2.2%), the market's benchmark. (KSM: -14.0%)
Past performance, which does not guarantee future results.

Supply Who controls the supply

Of the current total supply of 18,665,336 KSM, 100% is on the market today. Practically all of it circulates. This asset publishes no maximum supply, so the figures above are measured against current total supply.
Circulating 100%

Project Project information and governance

Development activity
★31 · 23 forks · 8 commits in 4 weeks · 17 contributors · 55% of issues closed
Compiled by CoinGecko. A gauge of sustained development; teams building in private will look quieter than they are.
Category & ecosystem
Smart Contract Platform Polkadot Ecosystem Proof of Stake (PoS) Pantera Capital Portfolio Coinbase 50 Index Hydration Ecosystem
Major venues
OKX, Bitget, Kraken, Binance, Bittime, WhiteBIT, MEXC, Bybit
External links point to each project's own official pages.We do not vouch for what those pages contain.

Exchanges Where is Kusama traded?

The venues where Kusama (KSM) trades most, by 24-hour volume in USD. Deeper volume generally means orders fill more easily and the price holds steadier.
BitDelta
$1.1M
HTX
$645,012
WhiteBIT
$295,694
BitMart
$276,575
Phemex
$162,678
BloFin
$105,373
Binance
$96,109
MEXC
$67,794
Ranked by converted volume, highest first.Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction.This is not a recommendation of any particular exchange.

Heat score Heat factor breakdown

25
Heat scoreCOOLOverall heat score
How the overall score is built: market gate 42 (applied to everything) × geometric mean of the four factors 59 (momentum, liquidity, fundamentals and supply, multiplied together) → 25. It is not a simple average: a weak market holds the whole score down, and a single weak factor drags the rest with it.
Factor breakdown (0–100; higher means more conditions are in place)
Regime (market gate) gate
42
→ The market gate is neutral. Asset-specific factors decide this one.
Momentum
26
→ The recent price trend is down. Going against it needs a reason.
Liquidity (traded volume depth)
92
→ Volume is deep enough that a move is one you could actually participate in.
Fundamentals (TVL / market cap)
50
→ TVL is unremarkable relative to market cap.
Supply lightness
100
→ Most of the supply already circulates, so unlock pressure is light.
Development activity → 8 code updates in the last four weeks — on the quiet side.
Compare every asset in the heat score ranking →
Standard-score profile, compared against every asset on the site (50 is the mean). It shows where this asset sits in the population on each metric; higher is always the better direction.
Overall standard score
52.6 #1162 of 4097 assets
Standard-score ranking →
Heat 55Momentum 44Volume depth 65Supply 56Dev 54ATH recovery 43Dilution 50Further out = higher standard score; the centre line is the mean of 50
Heat score
55
Momentum
44
Liquidity (traded volume depth)
65
Supply lightness
56
Development activity
54
Recovery toward ATH
43
Dilution lightness
50
A relative position within the assets covered here, not an absolute rating.

Related Structurally similar assets (shared categories)

Similarity computed from shared CoinGecko categories rather than an industry taxonomy. Assets in the same L1 ecosystem or with the same use case tend to share capital flows and market conditions.

FAQ Kusama — frequently asked questions

What is Kusama (KSM)?
Kusama is a public blockchain network that is running the exact same codebase as Polkadot. Read more →
What is the current price of Kusama (KSM)?
$2.87 as of 2026-08-14. The price moves daily, and this page is rebuilt every day.
What is the market cap of Kusama (KSM)?
About $53.7M as of 2026-08-14, which ranks #402 across all crypto assets.
What is Kusama's heat score, and what does it mean?
The heat score is 25 (COOL) as of 2026-08-14. It is our own 0–100 measure of how many of the conditions a rally needs — momentum, tradable volume, light supply and a supportive market — are currently in place. It is not a price forecast. The model multiplies its factors, so a single missing condition holds the whole score down.
What is the supply of Kusama (KSM)?
As of 2026-08-14, 18,665,336 KSM is in circulation out of a total supply of 18,665,336 KSM — about 100%. The remainder may reach the market through future unlocks.
What is the all-time high for Kusama (KSM)?
The all-time high on record as of 2026-08-14 is $621.71.The price is $2.87 today, -99.5% from that high.
How much Kusama (KSM) can I buy with $100?
At the 2026-08-14 price ($2.87), $100 buys roughly 34.84 KSM before fees and spread. Crypto is divisible, so you do not need to buy a whole coin.
Will Kusama (KSM) go up? What are its prospects?
We do not forecast prices or give investment advice. What this page does is track Kusama every day through factual data — the heat score, supply structure, charts and development activity. Use it as material for your own judgement; the decision is yours.
Where can I buy or trade Kusama (KSM)?
It trades on major crypto exchanges. Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction. This is information, not a recommendation of any asset or exchange.
The prices, market caps and heat scores above are as of 2026-08-14 and change daily.This is information, not investment advice.

Machine-readable data: JSON

Updated 2026-08-14 · rebuilt daily
This site provides information based on public data. It is not investment advice or a solicitation to buy or sell. The heat score is a deterministic, relative indicator computed by a fixed formula; it does not predict future prices. Trading crypto assets involves risk, including price volatility. Make your own decisions.
Data provided by CoinGecko · TVL / fees / stablecoins: DefiLlama · Fear & Greed: alternative.me
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