Kinesis Silver KAG
Rank #179 by market capTokenized commodity
Tokenized commodity
A token backed by a physical commodity held by an issuer. Its value depends on that issuer actually holding it.
Last 7 days
CM Profile: Kinesis Silver
Cryptominium Profile. What we have established, measured and written about KAG, and what we have not.
- Established
- One contract is matched to this coin, on Ethereum.
- Its kind: tokenized commodity.
- Measured
- Its price, recorded by us every day since 9 August 2026.
- Written, with sources
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold KAG. How each part is worked out
What changed
Week to 3 NovemberNothing we measure moved much this week: trading volume, reported supply and price are all within their usual range.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What Kinesis Silver is
Kinesis Silver (KAG) is a silver-backed digital asset launched by Kinesis, a trading and digital asset utility platform. Each KAG token is backed by one ounce of investment-grade silver bullion, held in insured, audited vaults. The version covered here is an ERC-20 token issued by KMS Labs S.A., a company incorporated in Panama; it represents a 1:1 claim on native Kinesis KAG, which is itself issued by Kinesis Cayman on a separate Kinesis blockchain (a Stellar fork) and backed 1:1 by physical silver held by ABX's vault partners.
The ERC-20 token is designed as a bridge: holders can transfer it to the Kinesis platform to reach the broader ecosystem, including a monthly yield and the Kinesis Virtual Card, which converts KAG to local currency at the point of sale. The yield comes from a 15% share of Kinesis' global transaction fee revenue, distributed to users who hold metals on the platform. Redemption of the underlying silver is offered without the high minimum withdrawal limits the source says are typical of comparable products, though redeeming the ERC-20 token for native KAG, and ultimately for bullion, runs through KMS Labs' own terms and compliance onboarding.
KAG is not a decentralized asset in the usual crypto sense: it depends on Kinesis, KMS Labs, Kinesis Cayman, and third-party vault custodians all performing as described, and on two separate chains and two separate issuing entities staying synchronized. The ERC-20 version deployed on Ethereum is one layer removed from the physical metal and from the native Kinesis-chain token, adding a counterparty and a redemption-process step between holder and bullion. The yield is a revenue-share mechanism tied to platform transaction volume, not a fixed or guaranteed rate, and nothing here indicates it is insured against Kinesis' own business performance. It is classified as a tokenized commodity; it is not a precious-metals ETF, not legal tender, and not a claim enforceable outside the terms set by its issuers.
What Kinesis Silver can do
Silver held in a Kinesis account, or in a wallet linked to one, earns a monthly yield. Kinesis says the yield comes from a 15% share of its transaction fee revenue, split among holders, and that it varies from month to month.
Source: Kinesis: holder's yield · checked 2 October 2026
Kinesis says KAG is backed 1:1 by allocated physical silver in third-party vaults, audited every six months. The token on Ethereum is a claim on Kinesis KAG held by KMS Labs: redeeming it requires onboarding with KMS Labs, after which physical redemption may be made through Kinesis Cayman.
Source: Kinesis: silver (KAG) · checked 2 October 2026
What a coin can do is not a reason to buy it or to sell it. Each answer names its source and the day we read it; where we could not source one, the row is left out. How these are written · Every coin we have written up
Where KAG lives
On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.
Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.
Price change
Kinesis Silver data synced 4m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell KAG.