# Kaspa

> Track Kaspa's market cap with daily on-chain data. Compare Kaspa with other blockchains (L1). See charts, financial statements and datasets in one place.

Source: [Kaspa on Token Terminal](https://tokenterminal.com/explorer/projects/kaspa). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: KAS
- Sectors: Blockchains (L1)
- Chains: kaspa

## About

### What it is

Kaspa is a proof-of-work Layer 1 blockchain that uses a blockDAG (Directed Acyclic Graph) structure instead of a traditional linear chain. It implements the GHOSTDAG consensus protocol, which allows multiple blocks to be created simultaneously and in parallel, enabling high block rates (currently 10 blocks per second) with sub-second confirmations while maintaining proof-of-work security.

### Who uses it

KAS holders own and participate in the Kaspa network. The project was founded by Yonatan Sompolinsky, a computer scientist and blockchain researcher, and launched as a fair-launch cryptocurrency with no pre-mine, no ICO, and no venture capital funding.

### How it works

Miners process transactions using proof-of-work and receive block rewards and fees. The GHOSTDAG protocol orders blocks from the blockDAG structure to achieve consensus, allowing parallel block creation without orphaning blocks.

## Metrics

Token Terminal tracks these metrics for Kaspa daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/kaspa/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/kaspa/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/kaspa/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/kaspa/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/kaspa/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/kaspa/metrics/token-turnover-circulating)
- [Circulating supply](https://tokenterminal.com/explorer/projects/kaspa/metrics/token-supply-circulating)
- [Core developers](https://tokenterminal.com/explorer/projects/kaspa/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/kaspa/metrics/code-commits)

## Links

- [website](https://kaspa.org)
- [github](https://github.com/kaspanet)