Kinesis Silver PriceKAG

What is Kinesis Silver (KAG)?

Kinesis Silver (KAG) is a silver-backed digital asset issued by Kinesis Cayman on the Kinesis blockchain, with the Kinesis platform providing trading and redemption. Each KAG token represents one troy ounce of investment-grade silver bullion with a minimum fineness of 999, stored in fully insured, audited vaults. The project's mission is to reintroduce physical silver as money and offer the global community a stable store of value that operates outside traditional financial infrastructure. All silver backing KAG is recorded on a transparent, immutable blockchain ledger, and the purchaser holds legal title to the underlying metal. KAG combines the everyday utility of a fiat currency with the borderless efficiency of a cryptocurrency, enabling users to purchase, trade, spend, and send physical silver instantly anywhere in the world. The token is listed under categories including Real World Assets Protocols, Tokenized Assets, and Tokenized Commodities. Kinesis Silver launched in 2019 (CoinMarketCap lists 2019-09-08), after the Kinesis platform was founded in 2018; the KAG-USD pair has been tracked since 2023-04-18.

Key Specifications & Tokenomics

• Coin Name: Kinesis Silver
• Symbol / Ticker: KAG
• Blockchain / Network: Kinesis blockchain (a Stellar fork) for the native KAG; also issued as an ERC-20 token on Ethereum
• Contract Address (Ethereum): 0xe560C473Dee7B1d1d5Ae316F4c1cBA7157DE498e (per CoinMarketCap)
• Token Type: Mainnet
• Category: Real World Assets Protocols, Tokenized Assets, Tokenized Commodities, Asset-backed Tokens
• Backing: 1:1 with one troy ounce of physical silver bullion (minimum 999 fineness)
• Total Supply (CoinMarketCap): 100B KAG
• Circulating Supply (LBank): 3,721,964 KAG
• Total Supply (LBank): 3,777,097 KAG
• Max Supply: Unlimited
• Launch Year: 2019
• Official Website: https://kinesis.money/
• Explorer: https://explorer.kinesis.money/

Supply figures for KAG vary across data sources. CoinMarketCap lists a total supply of 100 billion KAG with a self-reported circulating supply of 3.66 million. LBank reports a circulating supply of approximately 3.72 million and a total supply of roughly 3.78 million. Kraken indicates a circulating supply of approximately 4 million. These discrepancies reflect differences in how each platform aggregates and reports token data.

Who created Kinesis Silver (KAG)?

Kinesis Silver is issued by Kinesis Cayman, with the Kinesis platform providing trading and redemption. Kinesis was founded in 2018 by Thomas Coughlin as a precious-metals monetary and trading platform. The platform facilitates the exchange, management, and monetary application of native physical gold and silver-based digital assets and cryptocurrency. Kinesis's strategic partner is the Allocated Bullion Exchange (ABX), described as a global partner, which manages the vault network supported by institutional expertise.

How does Kinesis Silver (KAG) work?

KAG operates on a 1:1 backing model: every token in circulation corresponds to one troy ounce of physical silver bullion stored in secure vaults. Unlike traditional banking or investment products where ownership may be pooled, the silver backing KAG is fully allocated to the token holder, who holds direct title to the corresponding physical silver. The physical metal is stored in a network of fully insured vaults across multiple jurisdictions, mitigating geopolitical risks. All silver holdings are subject to independent biannual audits conducted by Inspectorate, a Bureau Veritas company specializing in commodity inspection and verification. These audits confirm the existence, quantity, and quality of the silver, with results published publicly. KAG is fully redeemable from 200 ounces at global hubs, and every ounce underpinning the token is available for redemption. The entire backing is recorded on a transparent and immutable blockchain ledger. The native KAG is issued on the Kinesis blockchain, a Stellar fork, while the ERC-20 KAG on Ethereum represents a 1:1 claim on Kinesis KAG held in reserve by KMS Labs.

What makes Kinesis Silver (KAG) unique and valuable?

Kinesis Silver distinguishes itself from other silver-backed cryptocurrencies through several features. First, it offers a passive yield paid monthly in KAG simply for holding metals on the Kinesis platform, calculated from a 15% share of Kinesis's global transaction fee revenue. Kinesis describes the monthly KAG yield as an early debt-free yield on precious metals, paid from a 15% share of global transaction fee revenue. Second, KAG is redeemable from 200 ounces at global hubs, a relatively low threshold compared to competing silver-backed tokens that often set very high minimum withdrawal limits. Third, the Kinesis Virtual Card allows KAG holders to instantly convert their holdings into local currency at the point of sale anywhere Mastercard is accepted, giving silver true everyday utility. Fourth, the fully allocated ownership model ensures holders have direct legal title to their silver. Finally, the vault network spans multiple jurisdictions with comprehensive insurance coverage and biannual independent audits, providing security and transparency.

What is Kinesis Silver (KAG) used for?

KAG serves multiple functions within the Kinesis ecosystem and broader market. It enables arbitrage trading across various trading pairs. KAG trades against several pairs, and its price moves with the silver market; gains depend on market conditions and are not guaranteed. Holders can earn a monthly yield in KAG by holding their metals on the Kinesis platform, calculated from a 15% share of Kinesis's global transaction fee revenue. KAG can be sent or used for payments quickly and easily to any receiving address. Through the Kinesis Virtual Card, KAG can be spent globally at any Mastercard-accepted point of sale. KAG is designed as a silver-backed store of value that lets traders move out of more volatile markets, though its price still fluctuates with the silver market. The token also serves as a practical form of money for everyday transactions, with additional rewards including cashback in gold.

How Is the Kinesis Silver (KAG) ecosystem developing?

The Kinesis ecosystem centers on the Kinesis platform, which facilitates the exchange, management, and monetary application of native physical gold and silver-based digital assets. Related assets include Kinesis gold (KAU), a gold-backed cryptocurrency, and KVT, a token traded against KAG. Silver redemption is available from 200 ounces at global hubs. The Kinesis Virtual Card extends KAG's utility into everyday commerce by enabling instant conversion to local currency at the point of sale. KAG trades on a range of centralized and decentralized venues, with Kinesis Money as the primary platform for purchase, redemption and yield. The project maintains an active presence on X (Twitter) at https://x.com/KinesisMonetary and a GitHub repository at https://github.com/bullioncapital/nodes. Community engagement includes educational content such as the "Learn & Earn" series explaining KAU and KAG.

How to mine Kinesis Silver (KAG)?

KAG is not mined. It is issued on the Kinesis blockchain (a Stellar fork) when physical silver is allocated through the Kinesis platform, so supply tracks the vaulted bullion; an ERC-20 version on Ethereum represents a 1:1 claim on that Kinesis KAG. The token supply is directly tied to the amount of silver bullion held in the vault network. Holders earn passive yield paid monthly in KAG for holding their metals on the platform, with the yield derived from a 15% share of Kinesis's global transaction fee revenue. Additional rewards, including cashback in gold, further integrate KAG into everyday transactions. To obtain KAG, users can buy it on supported trading venues or receive it as the monthly yield for holding metals on the Kinesis platform. Holding KAG on the Kinesis platform qualifies users for the monthly yield distribution.

How to keep your Kinesis Silver (KAG) Coin safe?

Securing KAG requires attention to both the underlying physical silver and the digital tokens. The physical silver backing KAG is stored in a network of fully insured vaults across multiple jurisdictions, professionally managed and subject to biannual independent audits by Inspectorate, a Bureau Veritas company. For the digital tokens, users should store KAG in reputable wallets that support the Kinesis mainnet or Ethereum network, depending on the token version. Hardware wallets provide enhanced security for private key management. When using the Kinesis platform, holders should enable all available account security features. Because KAG represents direct legal title to physical silver, users should verify redemption procedures and vault arrangements through official Kinesis channels. As with any crypto investment, KAG's price can be highly volatile, and investors should closely monitor performance and stay aware of risks. Adequate research and preparation are necessary before investing.