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Kusama KSM |
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$15.74 |
-0.06% (24h) |
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Marketcap |
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$258,791,726 |
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Volume 24h |
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$10,311,528 |
Description
Kusama (KSM) is a scalable, multi-chain network designed as a testing ground for projects before they are deployed on the Polkadot network.
Launched in 2019, Kusama is often referred to as "Polkadot's wild cousin" due to its experimental nature, allowing developers to test and deploy new features in a less restrictive environment.
KSM, the platform's native token, is used for governance, staking, and bonding in the network's parachain auctions.
Kusama provides a proving ground for innovative blockchain technologies, fostering rapid development and iteration.