Kinesis Silver (KAG)

Kinesis Silver is a token. It has no blockchain of its own and no consensus of its own — it rents both from the chain it is issued on, which is why it is listed separately from the cryptocurrencies.

TypeToken
ClassCommodity-pegged
BackingIOU
CustodyCustodial — an issuer holds the backing
Market capitalisation$239M
Price$64.15
Circulating supply3,721,964 KAG
Issued on1 chain

Figures as of 25 September 2026, from the six-hourly snapshot.

Where it lives

It is issued on one chain. Linked names are chains that are themselves cryptocurrencies with a page here.

Ethereum

Why it is not in the asset count

CoinSpectrum counts an asset once. A token has neither its own blockchain nor its own consensus mechanism, so it fails both of the site's two conditions — it is a thing issued on a chain, and the chain is what is counted. The methodology states the rule, and the argument for it is set out in full.

Listed, not hidden. The point is that it is measured as what it is.