Is Kusama a scam?

Asked about Kusama (KSM), market cap rank #358.

Short answer

Kusama (KSM) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-06-07

Red flags raised

  • Low economic security
  • No hard cap on total token supply

Positive signals

  • No regulatory actions or historical incidents
  • Fully circulating supply, no tokens held back
  • Significant social media following with active community

Security audits

1 audit on record.

  • Cyberscope (2025-01-01) — pass

Team transparency

The Kusama team is anonymous — public identities are not on record.

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