Kaspa 

KAS Price

What is the Kaspa (KAS) coin?

Kaspa is a decentralized, open-source proof-of-work Layer-1 blockchain that implements the GHOSTDAG protocol. Instead of a linear chain, the Kaspa network orders parallel blocks into a blockDAG, sustaining a rate of 10 blocks per second with fast confirmations while retaining proof-of-work security. KAS is the native coin of this network. KAS pays transaction fees and miner rewards. Kaspa launched fairly in November 2021 through public mining, with no corporate issuer.

How does Kaspa's GHOSTDAG protocol work?

GHOSTDAG keeps blocks created in parallel instead of discarding them as orphans. Conventional blockchains reject simultaneous blocks; the GHOSTDAG protocol orders all of them by consensus, forming a directed acyclic graph of blocks — a blockDAG. This structure lets the Kaspa network confirm many blocks per second without weakening proof-of-work security. Mining runs on kHeavyHash, a GPU-friendly hash algorithm.

Is KAS a coin or a token?

KAS is a coin — the native asset of its own Layer-1 blockchain, not a token issued on another chain. The coin settles transaction fees and miner rewards on the Kaspa base layer. The Kaspa base layer carries no smart-contract tokens, and no on-chain contract exists for KAS itself. Kaspa is also not a stablecoin — the coin has no peg and derives no value from reserves.

What is Kaspa's maximum supply?

KAS has a fixed maximum supply of 28,704,026,601 KAS — matching the official Kaspa WIKI figure. Emission follows a Bitcoin-style but far faster schedule: the initial block reward was 440 KAS, decaying geometrically toward zero. As of September 2026, roughly 96.5% of the cap — about 27.7 billion KAS — had already been emitted, leaving minimal emission-driven dilution.

When is the next Kaspa halving?

Kaspa has no discrete halving events. Block rewards fall through smooth geometric decay: a proportional reduction applies every month, cutting rewards roughly in half each year. Monthly reductions are scheduled by a network difficulty counter rather than block height. Emission completes around 2037 — versus Bitcoin's ~2140 — after which KAS becomes purely disinflationary and miner revenue relies on fees.

Did Kaspa have a premine, ICO, or VC funding?

No — Kaspa is a fair launch. The project held no premine, no ICO, and no venture, seed, or strategic funding rounds. Kaspa launched in November 2021 through public mining, funded by open-source community contributions. No ICO price exists for KAS. The absence of insider allocations means no single tranche of supply is concentrated in investor hands.

Does Kaspa have a vesting schedule or token unlocks?

Kaspa has no vesting schedule. The fair launch distributed 100% of supply through miner rewards, so no team, investor, or treasury allocations exist — and no cliff dates or unlock events are pending. Inflation risk is emission-only and structurally declining: block rewards step down monthly toward zero by ~2037. Kaspa holders therefore face no insider unlock sell pressure.

Can you stake Kaspa?

No — staking is not a Kaspa protocol feature. Kaspa secures its network through proof-of-work mining, not proof-of-stake validation, and the base layer offers no native staking mechanism. Third-party platforms do offer lending or yield products for KAS. Those are external services that add counterparty risk, not functions of the Kaspa chain.

How do you mine Kaspa?

Kaspa mining uses kHeavyHash, a GPU-friendly proof-of-work hash algorithm. Miners produce blocks at a rate of 10 per second since the 2024 Crescendo upgrade and receive block rewards in KAS. Public mining from launch in November 2021 remains the only source of new KAS — the same mechanism that distributed the entire supply.

Where can you buy Kaspa?

Per DropsTab data, KAS trades in more than 40 markets, all on centralized venues — no decentralized exchange pairs exist because KAS is a native coin with no on-chain contract. Spot liquidity concentrates on KuCoin, Bybit, Gate, MEXC, and Kraken, quoted in USDT, USDC, USD, EUR, KRW, INR, and BTC. Derivatives trade on venues including Binance Futures, Hyperliquid, and Kraken Futures.