Kaspa’s wrapped token, wKAS, is currently trading significantly below its intended value, with prices around $0.04, primarily due to limited liquidity and the absence of an active bridge to support smooth conversions between Kaspa and wrapped assets.
According to current estimates from Chainge Finance, the launch of the CUSDT/KAS trading pair is targeted for approximately March 17th. This event is expected to provide immediate support for wKAS, likely restoring its peg as fresh liquidity enters the market. Following the pair’s activation, the long-awaited Kaspa bridge is also expected to open, providing a direct and sustainable mechanism for wrapping and unwrapping KAS assets across chains.
It’s important to note that while March 17th is the working timeline, this date is not yet 100% confirmed. Minor adjustments of a few days may be necessary as final preparations are completed. This is why no official announcement has been made to the wider community at this stage.
Chainge Finance has confirmed that the team is actively working to finalize the integration and ensure a stable rollout. While providing an exact launch date remains difficult, all efforts are focused on delivering the solution as soon as possible to restore stability and confidence in wKAS.
For now, holders are encouraged to stay informed through official Kaspa and Chainge Finance communication channels as updates become available.
