About vechain
Founded in 2015 by Sunny Lu, VeChain began as a blockchain solution for supply chain transparency and anti-counterfeiting. Early enterprise adoption, backing from Fenbushi Capital, and the 2017 ICO paved the way for the launch of the VeChainThor blockchain—an efficient, enterprise-grade Layer-1 network. Major partnerships with organisations such as DNV, Walmart, and BCG helped validate VeChain’s real-world use cases and expand its global reach. As part of its Renaissance roadmap, VeChain is rolling out Ethereum-compatible infrastructure, dPoS consensus, dynamic VTHO tokenomics, and StarGate NFT staking. Combined with MiCA-compliant tokens and enhanced interoperability, VeChain is positioning itself as a blockchain where real adoption, network utility, and sustainability converge to create long-term value.
Happening now
AI generated 9h ago
VET surged ↗43% in volume since Monday morning, although trailing Layer 1 leaders.
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Buyer Ratio
Traders
864
24.32%
Buyers
521
42.74%
Sellers
361
4.03%
Searched
699
Market Stats
Market Cap
$1.08B
FDV
$1.09B
Circ. Supply
86B VET
Max Supply
87B VET
Total Supply
86B VET
Performance
Popularity
#61
Dominance
0.04%
Volume (24H)
$27.87M
19.62%
Volume (7D)
$208.78M
Volume (30D)
$882.96M
All time high
$0.28
Price Change (1Y)
-77.42%
Additional details
Market details
VET vs markets
↘ 73.72%
VET vs BTC
↘ 75.94%
VET vs ETH
↘ 73.8%
Tags
logistics
data-provenance
iot
smart-contracts
+4
Network & Addresses
Network | Address | |
|---|---|---|
VeChain | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0126 | ↗ 2.07% |
1 Day | $0.0123 | ↗ 2.07% |
1 Week | $0.0124 | ↗ 1.41% |
1 Month | $0.0173 | ↘ 27.41% |
1 Year | $0.0558 | ↘ 77.42% |
Coinbase insights
Happening now
AI generated 9h ago
VET surged ↗43% in volume since Monday morning, although trailing Layer 1 leaders.
Market Position
•
Weekly gains of ↗2% fall significantly behind Layer 1 leaders SUI and EGLD at ↗21%
•
Monthly decline of ↘25% substantially underperforms Layer 1 category average of ↘10%
•
Year-long performance shows ↘82% decline, dramatically trailing category peers like GNO
Recent trends
The latest VET price is $0.0126. Compared to vechain's value of $0.01 from 24 hours ago, there's been a 2% increase, while the current price is 1% up from $0.01 which was recorded one week ago. vechain's all time high is $0.28, which was reached on April 17, 2021. This is a -95% change from its price today.
The current circulating supply of vechain is 85,985,041,177. This is 99% of its max supply of 86,712,634,466 VET and 100% of its total supply of 85,985,041,177. The market cap is currently $1.08B, which is a result of multiplying the current price of vechain($0.01) by the total supply(85,985,041,177 VET). The fully diluted valuation of vechain is $1.09B. The diluted valuation of vechain is $1.09B.
vechain had 521 buyers, 361 sellers and total 864 trades in the last 24h. vechain was searched 699 times in the last 24h.
FAQ
VeChain (VET) is an enterprise-grade L1 smart contract platform that seeks to leverage distributed governance and Internet of Things (IoT) technologies to create an ecosystem that addresses major data challenges for various global industries. The platform uses two tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain. VET generates VTHO and acts as the store of value and value transfer medium, while VTHO is used to pay for GAS costs, separating the need to expend VET when writing data. This dual-token system is designed to avoid fee fluctuations and network congestion. VeChain was founded by Sunny Lu, an IT executive who was formerly CIO of Louis Vuitton China, and Jay Zhang, who previously worked for both Deloitte and PriceWaterhouseCoopers in the finance and risk management sphere.
VeChain operates using an identifier system known as VeChain IDs, which are assigned to products and tracked at each step of a supply chain, creating an environment for all parties involved. The platform seeks to provide stakeholders with detailed information about products and business processes, thereby increasing market transparency and making international trade more efficient. VeChain software allows enterprise developers to create and run decentralized applications (dApps), offering a higher level of services and goods. The project also uses proprietary solutions and developments, including ToolChain, My StoryTool, the VeChainThor blockchain, and Internet of Things (IoT) technology to facilitate processes.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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