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Crypto Almanac Daily

Kite

KITERank #146
$0.0956+4.20%
Market cap
$228.57M
24h volume
$7.22M
24h high
$0.0965
24h low
$0.0897
Circulating supply
2,391,196,012 KITE
All-time high
$0.3197
All-time low
$0.0618
Max supply
10,000,000,000
Chart

Kite price chart

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KITE to USD

1 KITE = $0.1 · rate updated at load

Liquidity

Where to buy Kite

LBankKITE/USDTTrade
BinanceKITE/USDTTrade
HotcoinKITE/USDTTrade
Pancakeswap Infinity CLMM (BSC)0X904567252D8F48555B7447C67DCA23F0372E16BE/0X55D398326F99059FF775485246999027B3197955Trade
OrangeXKITE/USDTTrade
WhiteBITKITE/USDTTrade
CoinWKITE/USDTTrade
ToobitKITE/USDTTrade
UpbitKITE/KRWTrade
PhemexKITE/USDTTrade
Overview

About Kite

Kite is a Layer 1 built for autonomous software agents to transact with each other — identity, authorisation and payment designed for machines rather than for people. The premise is that agents acting on users' behalf will need to pay for services, and existing payment rails assume a human.

Existing payment systems assume a person

Card networks and bank transfers are built around human authorisation, dispute rights and identity checks. An agent making thousands of small payments for data or compute fits none of that. Blockchain payments are programmable and continuous, which matches the requirement better than anything else available.

Identity is the harder problem

An agent needs a verifiable identity, a spending mandate from its principal, and limits it cannot exceed. Without those, delegating payment authority to software is unsafe. Building identity and authorisation as primitives rather than as application logic is the substantive design decision here.

Machine payments have different economics

Agents transact frequently in small amounts, which requires per-transaction costs low enough that the fee does not exceed the payment. That constraint shapes the whole design, and it is why general-purpose chains with meaningful fees do not serve the use case.

The demand is anticipated, not demonstrated

Autonomous agents transacting at scale is a plausible near-term development and it has not yet happened in volume. Infrastructure built ahead of demand can be well positioned or early, and the distinction is only visible afterwards.

What to weigh

A coherent design for a use case with genuine logic behind it, where the market has not yet arrived and the identity and authorisation primitives are the parts worth examining closely.

Reference

Technical data

ConsensusProof of Stake (Layer 1)
Max supply10,000,000,000 KITE
Reference

Frequently asked

Why do AI agents need their own payment rails?

Card networks and bank transfers assume human authorisation and dispute rights. Agents making frequent small payments for data or compute fit none of that.

What is the hardest part of agent payments?

Identity and authorisation — an agent needs a verifiable identity, a mandate from its principal and limits it cannot exceed before payment authority is safe to delegate.

Is there demand for this yet?

Not at volume. Autonomous agents transacting at scale is plausible and has not yet materialised, so the infrastructure is built ahead of the market.