Kaspa (KAS)

Tokenomics & Utility

Kaspa tokenomics were designed to be transparent and fair from day one. There was no ICO, no premine, and no special allocation. KAS is issued only through mining. The maximum supply is about 28.7 billion KAS. Kaspa’s “chromatic” emission schedule halves smoothly once per year: instead of a sudden four‑year halving, the block reward decays every month by a factor of (1/2)^(1/12). By mid‑2026, roughly 95% of the total supply is projected to be mined, which helps the network reach steadier issuance more quickly than many PoW peers. The smallest unit of KAS is the sompi. (kaspa.org)

What KAS is used for today:

• Paying fees for transactions on the Kaspa network.
• Incentivizing miners who secure and validate the blockDAG.
• Serving as the base asset for emerging L2 activity where bridged KAS is used as gas in certain designs (for example, the Kasplex zkEVM L2 uses KAS within its rollup model). (digitalmarketreports.com)

For many readers who follow “Kaspa tokenomics” or search for “KAS price,” the key takeaway is that Kaspa links a fast‑declining emission curve with a high‑throughput PoW network. That combination is uncommon among L1s and is central to Kaspa’s long‑term thesis. (kaspa.org)