Kusama xarid qiling.

Kusama (KSM) is an experimental, scalable blockchain platform built as a canary network for Polkadot. It provides a testing ground for developers to deploy and iterate on new features, parachains, and governance mechanisms before they go live on Polkadot’s mainnet. Despite its role as a testbed, Kusama operates as an independent, fully functional network with its own economy and community.

The platform uses the same underlying architecture as Polkadot, including a relay chain and parachain model, enabling high throughput and interoperability across chains. Kusama’s flexible governance system allows for rapid upgrades and experimentation, making it suitable for early-stage projects seeking fast deployment and innovation in a real-world environment.

KSM is the native token of the Kusama network. It’s used for staking, bonding parachains, governance voting, and transaction fees. Token holders play an active role in the network by participating in on-chain governance, which includes proposing and voting on protocol changes, funding initiatives, and setting network parameters.

KSM is currently priced at $7.68, with a market capitalization of $135,174,721. Its all-time high was $621.71, reached on May 18, 2021. There are 17,590,300.06 KSM tokens in circulation, from a total supply of 17,590,300.06, with the maximum capped at .

To get started, you can buy Kusama with your debit or credit card directly on Nexo, or choose from additional payment methods. Head over to the Nexo Exchange and buy KSM.