Kaspa is a Layer 1 blockchain using proof of work and a BlockDAG, producing 10 blocks per second with GHOSTDAG. KAS is used for mining rewards and transaction fees, since Toccata (end of June 2026) covenants and ZK verification are available on Layer 1, and EVM smart contracts have run via Igra Network since 19 March 2026.
Founders, investors, token distribution, lockups and unlocks at a glance, with sources and dates.
Who bought when at what price, and how much is still coming to the market.
The most important risks with evidence, plus how overheated Kaspa is compared with its own history.
What speaks against the project and what to watch out for.
Tokenomics, team, risks and utility – six pillars, one grade. From the COMPASS plan.
See plansKaspa is a Layer 1 blockchain using proof of work and a BlockDAG, producing 10 blocks per second with GHOSTDAG. KAS is used for mining rewards and transaction fees, since Toccata (end of June 2026) covenants and ZK verification are available on Layer 1, and EVM smart contracts have run via Igra Network since 19 March 2026.
With an overall grade of 2.4 (61 out of 100) across six pillars: tokenomics, team, utility, security, execution and relevance. Grades range from 1.0 (very strong) to 5.0 (very weak). The reasoning for each pillar is inside CryptoCompass.
The all-time high of KAS is $0.2074 (31 Jul 2024). On 22 Oct 2026, KAS trades at $0.0385, which is 81% below it.
No. We rate the structure of the project, not the price. A good grade says nothing about whether the price is currently cheap. Not investment advice.
We rate the structure of the project, not the price. Not investment advice. Crypto is highly risky and a total loss is possible. Price data: CoinGecko, as of 22 Oct 2026.