
Kaspa
KAS#60KAS is a fair-launched proof-of-work coin on a fast blockDAG that pays network fees and is mined, with no premine.
- Market cap
- $1.21B
- Volume 24h
- $29.33M
- All-time high
- $0.2074
- −78.99% from ATH
- Circulating supply
- 27.72B of 28.7B
Does not clear all 8 Shariah criteria. Needs caution: nature of the asset and gambling (maysir).
- 6 pass
- 2 caution
- 0 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
About Kaspa
KAS is a fair-launched proof-of-work coin on a fast blockDAG that pays network fees and is mined, with no premine.
Kaspa is a public proof-of-work network. Its mainnet launched on 7 November 2021 with no premine, presale or team allocation: every coin has been mined. Instead of a single chain of blocks, Kaspa keeps blocks created at the same time and orders them with GHOSTDAG, a protocol from research by Yonatan Sompolinsky, Shai Wyborski and Aviv Zohar. KAS is the network's coin: it pays transaction fees and is the reward for miners.
Supply is capped at about 28.7 billion KAS, and about 27.7 billion (96.6%) was already mined on 27 September 2026. The miner reward falls by about 5.6% every month, so it halves each year. It stood at about 21.8 KAS per second, and the last coins will be mined in the 2050s. There is no staking and no treasury share: holding KAS pays nothing.
Kaspa upgrades through hard forks proposed in public on GitHub. Crescendo (May 2025) raised the block rate from 1 to 10 blocks per second. Toccata (30 June 2026) added covenants, which let scripts carry rules and state, and zero-knowledge proof checks on the base layer. The Igra network, launched in March 2026, runs Ethereum-style smart contracts on top of Kaspa.
No company controls Kaspa. Researchers and volunteer developers maintain the Rust node, partly paid from community grants. Since 2023–2024 mining has been done mostly with dedicated ASIC machines, organised in large pools. KAS trades spot on exchanges such as Bybit, Gate, KuCoin and Kraken, and perpetual futures on Binance and Bybit trade more than spot.
Sources · 14
- kaspanet/kaspad release v0.11.0 (GitHub)
- Kaspa (official site)
- LORE | Kaspa
- PHANTOM and GHOSTDAG (IACR ePrint 2018/104)
- Kaspa REST API — /info/coinsupply
- Kaspa REST API — /info/blockreward
- rusty-kaspa consensus/src/processes/coinbase.rs (GitHub)
- rusty-kaspa docs/crescendo-guide.md (GitHub)
- rusty-kaspa docs/toccata-guide.md (GitHub)
- KIP-17: Covenants and Improved Scripting Capabilities (GitHub)
- Igra Network Launches Public Mainnet (Chainwire via TradingView)
- Kaspa ASIC Mining Explained (MiningReturns)
- Binance Futures API — KASUSDT 24h ticker
- Bybit API — KASUSDT spot ticker
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Launched
- Nov 7, 2021
- Whitepaper
- eprint.iacr.org/2018/104
- Issuer
- None
- Consensus
- Proof of Work
- Block time
- ~0.1 seconds
- Max supply
- 28,704,035,605 KAS
What it is used for
- Sending value peer to peer with fast confirmation
- Paying transaction fees on the Kaspa network
- Mining with proof-of-work to secure the network and earn new KAS
- Covenant-based tokens and applications on the base layer (since June 2026)
- Smart contracts on the Igra layer, which Kaspa miners order
Market data
- Market cap
- $1.21BRank #60
- Fully diluted value
- $1.25BAt 28.7B KAS
- Volume 24h
- $29.33M2.43% of market cap
- Total supply
- 27.73B KASIssued so far
- All-time high
- $0.2074Jul 31, 2024 · −78.99%
- All-time low
- $0.0001711May 26, 2022
- Circulating supply
- 27.72B KAS96.6% of max supply
- Max supply
- 28.7B KASFixed by protocol
Where it trades
9 exchanges from our coverage · no referral links
KrakenCentralized · KAS/USDVolume 24h$834.75KReliability7.4Halal productNo halal product- BybitCentralized · KAS/USDTVolume 24h$983.43KReliability7.1Halal productIslamic account
BitvavoCentralized · KAS/EURVolume 24h$366.74KReliability6.5Halal productNo halal product
GateCentralized · KAS/USDTVolume 24h$964.58KReliability5.9Halal productNo halal product
BingXCentralized · KAS/USDTVolume 24h$126.09KReliability5.8Halal productNo halal product
KuCoinCentralized · KAS/USDTVolume 24h$916.83KReliability5.6Halal productNo halal product
BitgetCentralized · KAS/USDTVolume 24h$636.02KReliability5.0Halal productNo halal product
MEXCCentralized · KAS/USDTVolume 24h$1.38MReliability4.7Halal productNo halal product
PionexCentralized · KAS/USDTVolume 24h$340.5KReliability4.0Halal productNo halal product
No exchanges match this filter
Listings as of Sep 18, 2026
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