What is the current price of Saga?
The current price of Saga is $0.01944 with a 2.48% change in the last 24 hours.
Supply and ATH/ATL data provided by CoinGecko
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
Saga is a Layer 1 network built with the Cosmos SDK that lets developers launch their own dedicated blockchains, called Chainlets, with roughly the effort of deploying a smart contract. SAGA is the network's native token: it is staked to secure the protocol and is intended to pay for Chainlet capacity. Saga matters as one of the clearest tests of the "appchain as a service" idea, where games and applications rent a whole chain instead of competing for blockspace on a shared one. In 2026 its story also became a cautionary one: the flagship SagaEVM Chainlet was exploited in January, and in mid-2026 the founding company handed operational stewardship of the network to a new operator and refocused on AI.
Saga was co-founded by Rebecca Liao (CEO), Jin Kwon (Chief Strategy Officer), Jacob McDorman (CTO) and Bogdan Alexandrescu (VP of Engineering). Jin Kwon previously worked at Tendermint, the company behind the consensus engine used across the Cosmos ecosystem, which explains Saga's close technical ties to Cosmos.
Key milestones:
Saga's architecture, introduced with its "Pegasus" release, has three layers, all built on the Cosmos SDK:
Security Chain Mints, stakes and slashes SAGA. This is where validators bond tokens and where misbehaviour is punished.
Platform Chain Aggregates the security provided by the Security Chain and handles the provisioning of new Chainlets.
Chainlets Dedicated application chains that execute transactions and host apps. Each Chainlet has its own blockspace, so one busy game does not raise fees for another.
Security flows from the Security Chain to Chainlets through a modified version of Cosmos Cross-Chain Validation (CCV), a form of shared security in which the same validator set runs every Chainlet. The rollout was planned in six phases, starting with permissioned Chainlet deployment and ending with permissionless access and full interoperability. Refer to the official documentation for the phase currently in effect.
The token uses the on-chain denomination usaga with six decimals.
Most application-chain frameworks give a team software and leave them to recruit validators and bootstrap security. Saga's pitch was to provision the whole chain as a managed service: a single validator set secures every Chainlet, and developers do not run infrastructure. Horizontal scaling (adding more chains) rather than making one chain faster was the core design choice.
Security comes from proof-of-stake validators bonding SAGA on the Security Chain, extended to Chainlets through cross-chain validation, with slashing for misbehaviour. The January 2026 incident showed the limits of this model: the exploit was not a consensus failure but a bug inherited from the Ethermint EVM module, so shared validator security did not prevent application-layer losses. Independent incident write-ups, such as Halborn's analysis, describe the root cause.
Saga is a real-world test of whether provisioning many dedicated chains under one validator set is a durable business. Its launch, its exploit and its hand-over to a new operator together offer a useful case study for anyone evaluating appchain platforms, shared-security designs or the risks of reusing EVM modules in Cosmos environments.
SAGA trades on centralized exchanges and on decentralized venues within the Cosmos ecosystem. It launched through Binance Launchpool in 2024, but listings can change after major corporate events, so confirm current availability on the exchange itself before buying.
SAGA is a native Cosmos SDK asset, so it is best held in wallets that support Cosmos chains, such as Keplr or Leap, where it can also be staked to a validator. Hardware wallets that integrate with those apps add protection for larger balances. Tokens left on an exchange are custodied by that exchange.
Track Saga live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for Saga on CoinRithm before using real money.
Use a crypto paper trading account to demo trade Saga with real-time prices, AI trade feedback, and trading leagues. Test strategies, learn risk management, and build confidence before trading Saga with real money.
Read the complete paper trading guideThe current price of Saga is $0.01944 with a 2.48% change in the last 24 hours.
The daily trading volume is $1,142,865 representing a 23.41% change in the past 24 hours.
The market capitalization of Saga is $8,098,043, ranking #698 globally.
The fully diluted valuation (FDV) of Saga is $21,476,179, calculated assuming the total supply of 1,104,581,084 SAGA is in circulation.
Circulating: 416,505,429. Total: 1,104,581,084. Max: N/A.
In the last 24 hours, Saga traded between a low of $0.01875 and a high of $0.01995.
SAGA/USDTTether USDT0.01944 USDT
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Saga’s US dollar-pegged stablecoin has dropped to $0.75, while the protocol's total value locked has fallen by around 55% over the past 24 hours.
Saga has paused its SagaEVM chain following a smart contract exploit that resulted in the loss of approximately $7 million in bridged assets. Saga has halted its SagaEVM chain after bridged assets were lost due to a smart contract exploit.…
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