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Karura acts as the all-in-one DeFi hub for Kusama. Developed by the Acala Foundation, it’s a scalable, EVM-compatible chain built with DeFi in mind.
Karura includes a set of financial applications such as:
Trustless staking derivative (liquid KSM)Multi-collateral stablecoin secured by cross-chain assets (kUSD)AMM DEX - designed with micro gas fees that can be paid using any token.
Why build on Kusama?
Kusama is Polkadot’s quicker, more experimental relative-a multi-chain network intended for high-impact experimentation.
Kusama and Polkadot run as independent, standalone networks that are created in nearly the same way, though Kusama uses faster governance settings and supports a higher risk profile.
Launching on Kusama lets Karura stretch the boundaries of what DeFi can do, providing the Acala Foundation team with a venue to roll out ambitious financial innovations. Karura benefits from Kusama’s ready-to-use security, along with high-throughput performance, micro-gas fees, and interoperability across multiple networks, all bridged back to Polkadot.
Karura aims to bring decentralized financial products and stable assets to Kusama’s whole network ecosystem.
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