KSM vs DOT

A tokenized rivalry between
Kusama & Polkadot

** MARKET CAPS. **
KSM: DOT:
[updated:]

Parity Ratio

0.00

0.00% (0bps)

ΔPrice ±1000bps at Κ=0.8

Historical Ratio Over Time

The market capitalization (market cap) of an asset represents its total value in the market.

In this case, KSM has a market cap of 0 and DOT has a market cap of 0.

The Parity Ratio of 0.04 indicates that KSM's market cap is 4.34% (or 434.29 basis points) of DOT's market cap.

This ratio shows the relative size of KSM's market cap compared to DOT's, updated as of 4/2/2025, 3:20:42 PM.

(!) IMPORTANT NOTICE

The PARITY token has not been created, issued, or deployed in any form. Any token currently using the PARITY name or symbol is not official. Official announcements, along with full on-chain evidence, will be published exclusively on this website. PARITY will be fully community-owned and transparently built on-chain.

PARITY Index

PARITY is a synthetic asset that tracks the market cap ratio of Polkadot (DOT) to Kusama (KSM) within a range.

How It Works

PARITY's price rises when KSM's market cap gets closer to DOT's, whether KSM or DOT move up or down in the broader market. It isolates relative performance, so the price adjusts based on the DOT:KSM ratio (currently :1)

Market Mechanics

PARITY will be launched as a Proactive Market Maker (PMM) pool against a stablecoin on Kusama Asset Hub, once smart contract support is live.

The pool will be seeded with initial stablecoin liquidity and configured with a custom Κ parameter to tune price sensitivity.

Unlike constant product AMMs, PMM:

  • Anchors prices around an external oracle, representing the DOT:KSM market cap ratio.
  • Uses a flexible Κ parameter to shape the bonding curve.
  • Supports single-sided liquidity provision, reducing impermanent loss exposure.

PRTY: Community Funding for PARITY

PRTY pronounced [paar·tee] ("party"), is a token used to fund the development and bootstrapping of PARITY, a synthetic KSM/DOT index, without relying on private sales, VCs, or centralized control. All decisions and ownership are governed by Kusama's OpenGov.

Goals

  1. Fund the development of PARITY without private allocations.
  2. Incentivize early participation and momentum.
  3. Ensure full control and ownership remain with the Kusama community.

How It Works

1. Issuance and Liquidity Setup

  • PRTY is created using the assets pallet on Kusama Asset Hub.
  • Admin rights are transferred to the Kusama Treasury.
  • An OpenGov referendum schedules a batch call to:
    • Full mint of PRTY representing 10% of the initial PARITY supply.
    • Creation of a PRTY:KSM pool via the asset conversion AMM pallet.
    • Seeding the pool to bootstrap liquidity and incentivize early buyers.
  • The Treasury holds the LP tokens and owns the majority of the pool.

2. Funding Development

  • As pool volume grows, the Treasury accumulates KSM via LP ownership.
  • Development teams submit referenda to request LP withdrawals for KSM budgets.
  • Each request must include public milestones and a transparent budget.
  • If approved by OpenGov, funds are sent to a dev multisig or designated address.

3. Contributor Benefits

  • PRTY contributors can redeem tokens 1:1 for PARITY at launch.
  • Early participants gain exposure to the first 10% of the initial PARITY supply at a capped price.
  • Ownership and distribution are fully managed through on-chain governance.
Seed Pool Reserves 5M PRTY, 1000 KSM

Take Action

DOT or KSM? Why not both? Stay ahead of the curve and be part of the action. After all, the best hedge is being in the know.

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