Kite (KITE)

Kite (KITE) is a layer-1 cryptocurrency, running on 5 chains including Ethereum, Hyperliquid, and Hyperevm. It is available on 12 exchanges we track across 70 countries and US states. It ranks #122 by market capitalization at $316.4M as of September 5, 2026. Data last synced September 2, 2026. Buyability grade B in the United States.

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Live price

Fetched from CoinGecko when this page loaded. The Key Metrics table below is a dated snapshot from our last sync, so the two figures will differ.

Decide

Four measurements that decide whether buying Kite is straightforward where you live: who is verified to sell it to you, how wide the spread is, how much of its trading sits on one venue, and how much new supply is about to arrive.

Full report: buyability grades

Where Kite trades

Concentrated

63.3% of KITE volume runs through Binance.

Volume as reported to CoinGecko, September 4, 2026. Covers the exchanges RampAtlas tracks that CoinGecko lists, not the whole market.
Largest venueBinance
Its share of reported volume63.3%
Top 3 venues82.5%
Herfindahl index4,282
Exchanges listing it15(8 with volume)

Full report: exchange concentration

Key Metrics

Snapshot as of September 5, 2026. Source: CoinGecko. Not investment advice.
Price$0.132
7-day change+4.5%
30-day change+31.0%
Market cap$316.4M (rank #122)
Fully diluted valuation$1.3B
24-hour volume$11.1M
Circulating supply2.4B KITE (23.9% of max)
Maximum supply10.0B KITE
All-time high$0.320 on March 6, 2026, −58.6% since

More on Kite:Unlock scheduleStaking availability

Key Facts

TickerKITE
Categorylayer-1
ChainsEthereumHyperliquidHyperevmAvalancheBinance Smart Chain
Market cap rank#122
Official sitegokite.ai
CoinGeckocoingecko.com/en/coins/kite-2

About Kite

What Kite is

Kite is a blockchain built for AI agents to pay each other. Its documentation describes the project as "agentic payment infrastructure" and its main product, Kite Agent Passport, as the thing that "gives AI agents identity, delegated payment authority, and onchain settlement" (source: Kite documentation, read September 2026). KITE is the network's token.

The problem it targets is specific. An autonomous agent that buys services needs a wallet, but handing an agent an unrestricted wallet is unacceptable. Kite's answer is a Passport that gives each agent "a cryptographic identity, a funded payment wallet, programmable governance (spending rules you approve), and verifiable receipts for every action."

How it works

Identity is layered rather than flat. The documentation describes a hierarchy of "User → Agent → Session with cryptographic delegation," which means authority narrows at each step. A user delegates to an agent, and the agent delegates to a session scoped to one task. Compromising a session does not hand over the agent, and compromising an agent does not hand over the user.

The safety claim rests on that structure. The documentation says the design provides "mathematical safety guarantees" through "provable bounds," so that "users know exact maximum exposure before authorizing agents," with constraints enforced cryptographically rather than by the agent's own good behavior.

The chain itself is "an EVM-Compatible L1" tuned for agent traffic, with two unusual properties. Fees are "stablecoin-native," quoted in USDC and pyUSD rather than in a volatile gas token, which removes the need for an agent to hold and manage a separate asset just to transact. And micropayments run through payment channel style state channels priced at "$0.000001 per message."

That per-message price is the number that shapes the design. An agent calling a paid API thousands of times cannot pay a normal on-chain fee for each call. State channels settle the aggregate rather than each message, which is why a rate that low is expressible at all.

Agent-to-agent commerce runs on the x402 protocol, described as a "standardized rail for agent-to-agent intents, enabling verifiable message passing, escrowed execution, and settlement." escrow is the important word: the payer's funds are committed and released against delivery rather than sent on trust.

Kite explicitly supports outside standards rather than requiring its own. The documentation names the A2A Protocol, the Agent Payment Protocol, MCP, OAuth 2.1 and the x402 standard as natively interoperable.

Supply and tokenomics

KITE has a capped supply and a two-phase utility rollout, with the second phase tied to mainnet rather than to the token launch.

KITE supply, allocation and utility phases as published in Kite's documentation.
ItemValueSource/date
Total supply10 billion KITE, cappedKite documentation, September 2026
Ecosystem and community48%Kite documentation, September 2026
Modules20%Kite documentation, September 2026
Team, advisors and early contributors20%Kite documentation, September 2026
Investors12%Kite documentation, September 2026
Phase 1 utilityModule liquidity through locked KITE pools, ecosystem access eligibility, incentive distributionsKite documentation, September 2026
Phase 2 utilityAI service commissions converted to KITE, staking for security and service eligibility, governanceKite documentation, September 2026
Micropayment price$0.000001 per messageKite documentation, September 2026
Fee assetsUSDC and pyUSDKite documentation, September 2026

10 billion

Total supply

KITE, capped

48%

Ecosystem share

the largest allocation

$0.000001

Micropayment price

per message via state channels

The staking mechanic has an unusual rule worth stating plainly. Validators and delegators stake KITE and select specific modules to align incentives. Rewards accumulate in what the documentation calls a "piggy bank," and claiming those tokens "permanently voids all future emissions" for that participant. The choice is between taking rewards now and continuing to accrue them, and it is irreversible.

The emission design is meant to be temporary. The documentation describes a transition from "emissions-based rewards" funded by a dedicated pool to "revenue-driven rewards funded by real AI service usage," which it frames as eliminating perpetual inflation. Whether that transition happens depends on whether agents actually pay for services at volume.

History

Kite's documentation includes a MiCA white paper, which places the project inside the European Union's Markets in Crypto-Assets regime rather than outside it. Publishing a mica white paper is a compliance step that most agent-economy projects have not taken, and it constrains how the token can be marketed in the European Economic Area.

The module structure is the organizing idea behind both the chain and the token. Twenty percent of supply is allocated to modules, module owners require locked KITE pools for liquidity, validators and delegators pick modules to back, and protocol commissions from AI service transactions are collected, converted to KITE and distributed to modules and to the base chain. The token's economics are built around routing service revenue to whichever modules produce it.

Ecosystem integrations documented on the chain include LayerZero for cross-chain messaging, Goldsky for indexing and Lucid for USDC liquidity, alongside gasless stablecoin transfers and an account abstraction SDK.

Risks and what to watch

Adoption risk dominates everything else. The token's Phase 2 utility depends on AI service commissions flowing through the network. If agents do not transact at volume, there are no commissions to convert into KITE, and the revenue-driven reward model has nothing to draw on.

Supply overhang is a mechanical concern. Team, advisors and early contributors hold 20% and investors 12%, a combined 32% of a 10 billion supply. The documentation pages RampAtlas read do not publish the vesting schedule for those allocations, so the unlock calendar is recorded here as unpublished.

Sequencing risk sits between the phases. Staking, governance and fee capture are described as mainnet features. Until mainnet, the token's functions are limited to module liquidity, access eligibility and incentive distributions.

Delegated-authority risk is the product's own hardest problem. Programmable spending limits reduce exposure to a compromised agent, but the limits are only as good as the rules a user sets, and an agent operating within its budget can still buy the wrong thing.

Smart contract risk applies across the Passport contracts, the state channels, the x402 escrow logic and the module system, and a new chain's contracts have less production history behind them than an established network's.

Frequently asked questions

What is Kite Agent Passport?

The product that gives an AI agent a cryptographic identity, a funded wallet, spending rules the user approves, and a verifiable receipt for every action it takes.

What is the total supply of KITE?

10 billion, capped. The allocation is 48% ecosystem and community, 20% modules, 20% team, advisors and early contributors, and 12% investors.

How does Kite handle transaction fees?

Fees are stablecoin-native, quoted in USDC and pyUSD, and micropayments run through state channels at $0.000001 per message.

What is x402 on Kite?

The rail for agent-to-agent intents, providing verifiable message passing, escrowed execution and settlement between autonomous agents.

Where can you buy Kite?

See where to buy Kite for the venues serving your jurisdiction, and Exchanges to compare fees and kyc requirements.

Where to Buy Kite

We publish a ranked exchange comparison for Kite in 69 countries and US states.

See where to buy Kite by location

Guides

  • Self-Custody vs Exchange Custody: How to Decide

    Deciding between self-custody and exchange custody means choosing which failure you would rather be exposed to, a company that loses or freezes your assets or a mistake of your own that nobody can undo, and most people resolve it by splitting holdings rather than picking one for everything.

  • How to Verify a Token Contract Address Before You Buy

    A token's contract address is its only real identity, so verifying one means getting the address from the project's own official channel, confirming the same address independently from a second source, and checking on a block explorer that the contract is what it claims to be before you trade against it.

  • Choosing Your First Crypto Wallet

    Choosing a first wallet comes down to one question, whether a company holds your keys or you do, and the right answer depends on how much you hold, how often you move it, and how confident you are about storing a recovery phrase safely for years.

Availability questions

What is Kite?
Kite enables AI agents to autonomously transact at scale with cryptographic safety and native x402 compatibility—solving the infrastructure crisis imprisoning the agent economy today.
Where can I buy Kite?
12 exchanges we track list Kite for residents of 70 countries and US states. See the location-by-location guide.
Which blockchain is Kite on?
Kite runs on 5 chains including Ethereum, Hyperliquid, and Hyperevm.

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