KaspaKAS
- Market cap#71$800.77M
- 24h volume#107$9.74M
- All-time high$0.2074
- YTD return− 33.63%− 33.63%
- Circulating supply
- 27.81B
- Total supply
- 27.81B
- Max supply
- 28.7B
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KAS to USD converter
About Kaspa (KAS)
Kaspa is a proof-of-work cryptocurrency that is built to confirm transactions quickly, and KAS is its native coin. It is based on the GHOSTDAG protocol, which was designed by the researcher Yonatan Sompolinsky together with Aviv Zohar and other co-authors. Kaspa launched in November 2021 as a fair launch: according to the project, there was no premine and no hidden allocation, so every KAS in circulation has been mined.
How Kaspa works
Most proof-of-work blockchains, such as Bitcoin, produce one block at a time and discard any blocks that were created at the same moment. Kaspa instead organizes its blocks in a blockDAG, a structure in which many blocks can be created in parallel and are all kept and put in order by the GHOSTDAG protocol. For this reason, the network can produce blocks much faster than a typical blockchain. It ran at one block per second at the start, and the Crescendo upgrade in May 2025 raised the rate to 10 blocks per second. Miners use the kHeavyHash algorithm.
Kaspa's base layer was built as a payment network without smart contracts. Tokens and smart contracts have since appeared through additional layers that are built on top of it.
KAS supply and tokenomics
KAS has a maximum supply of about 28.7 billion coins. New coins are created only as rewards for mining. The reward falls smoothly: it is reduced a little every month, so that it is cut in half once a year, which is more gradual than the halving that Bitcoin has every four years. Current circulating and total supply figures are shown at the top of this page.
Kaspa price history
KAS reached its all-time high of about $0.21 in 2024. You can see the all-time high and the full price history on the chart above.
Kaspa price on Cointelegraph
Track the live Kaspa price on this page. Cointelegraph's KAS price index shows the KAS to USD rate, 24-hour change, market cap, trading volume, all-time high and year-to-date return, plus the circulating supply. Use the interactive Kaspa price chart to compare timeframes from six hours to all time, and the KAS to USD converter to check any amount in seconds. For daily updates, see our blockchain news page.