Karura

Karura

The DeFi hub of Kusama — an all-in-one platform for liquidity and financial applications.

Launch Year
2021
Consensus
Nominated Proof of Stake (via Kusama)
Max Supply
100,000,000 KAR
Block Time
~12 seconds
KAR
KAR
Karura
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap KAR Now
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  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Karura Price Chart

KAR / USD
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Data by CryptoCompare

About Karura

Karura is the canary network of Acala and serves as the DeFi hub of the Kusama ecosystem. As a Kusama parachain, Karura offers a suite of financial primitives including a decentralized exchange (KaruraSwap), a stablecoin (kUSD), liquid staking (LKSM), and a lending protocol. KAR is the native utility token used for governance, transaction fees, and incentivizing liquidity. Karura acts as an experimental proving ground for Acala, allowing new features to be tested in a real economic environment before deployment on Polkadot.

History

2021
Karura wins the first Kusama parachain slot auction, raising over 500,000 KSM.
2021
Karura mainnet launches with KaruraSwap, kUSD stablecoin, and liquid staking (LKSM).
2022
Karura integrates EVM compatibility, enabling Ethereum developers to deploy on Kusama.
2023
Karura expands cross-chain messaging via XCM, connecting to multiple Kusama parachains.
2024
Karura continues as Kusama's primary DeFi hub with ongoing parachain slot renewals.

How to Swap KAR

Exchanging Karura (KAR) on SyntheticSwap requires no account creation or identity documents. Open SyntheticSwap, choose KAR as your source or target coin, provide your destination wallet address, and review the floating rate displayed. After sending KAR from your personal wallet to the deposit address, the swap processes automatically and your chosen asset is delivered directly to your wallet. SyntheticSwap never holds your funds at any point during the process.

How to Store KAR

Store KAR in Polkadot-compatible wallets such as Polkadot.js, Talisman, or SubWallet. Hardware wallet support is available through Ledger with the Polkadot app.

Frequently Asked Questions