VeThor Token (VTHO) is a key element of the VeChainThor public blockchain, designed to enhance blockchain technology’s utility. Introduced in 2015 and rebranded in 2018, VeChainThor operates a dual-token system comprising VeChain Token (VET) and VeThor Token (VTHO). While VET acts as the primary token for transferring value, VTHO facilitates transactions and processes within the network. As a VIP-180 standard token, VTHO powers the smart contract layer on the VeChainThor blockchain. This dual-token structure allows users to engage in varied activities across the platform, broadening their interaction with the blockchain ecosystem.

VTHO functions within the VeChainThor blockchain, leveraging a proof-of-authority (PoA) consensus mechanism to validate transactions efficiently. This consensus model relies on Authority Masternodes (AMs), chosen by the VeChain Foundation, to approve transactions swiftly. Both VET and VTHO tokens are compatible with ERC-20 wallets, offering flexibility in storage and transfer. For every VET token included in a block, a proportional amount of VTHO is generated. This structure allows VTHO to cover transaction fees and facilitate smart contract execution on the VeChainThor blockchain, making it essential for network operations.

VeThor Token (VTHO) is vital for executing transactions and smart contracts on the VeChainThor blockchain. Its primary role is to represent the cost of utilizing the network, ensuring seamless transaction processing. The blockchain’s architecture aims to support faster transaction speeds and open-source collaboration, appealing to developers and enterprises alike. Meta-transaction features, such as multi-party payments and multi-task transactions, further expand VTHO's utility. This flexibility makes VTHO suitable for various enterprise applications, enabling businesses to leverage blockchain capabilities without complex technical barriers.

VeThor Token originated from the VeChain project, founded by Sunny Lu in 2015. Initially launched as a subsidiary of Bitse, a major blockchain company in China, VeChain later became an independent entity. In 2018, VeChain underwent a rebranding process, leading to the creation of the VeChainThor blockchain and the introduction of VeThor Token (VTHO). The dual-token model, consisting of VET and VTHO, was implemented to separate value transfer and transaction execution. Since then, VeChainThor and VTHO have played central roles in facilitating blockchain processes and transactions across various industries.

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The current market cap of VeThor Token is $191.76M. A high market cap implies that the asset is highly valued by the market.

The all-time high of VeThor Token is $0.0420. This all-time high is highest price paid for VeThor Token since it was launched.

Over the last 24 hours, the trading volume of VeThor Token is $2.84M.

Assets that have a similar market cap to VeThor Token include Basic Attention Token, Nervos Network, ZKsync, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of VeThor Token is 90 billion.

VeThor Token ranks 127 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Yes, VeThor Token is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy VeThor Token guide.