Rank #28
On 907,401 watchlists

VeChain Price (VET)


0.000002054 BTC0.06%

0.00002554 ETH0.13%

VET  VeChain VET
Market Cap
Fully Diluted Market Cap
Volume / Market Cap
Circulating Supply
64.32B VET
Max Supply
Total Supply

VET to USD Converter






United States Dollar

VET Price Statistics

VeChain Price Today
VeChain Price$0.1166
Price Change24h$-0.0003853
24h Low / 24h High
$0.1124 /
Trading Volume24h$344,723,917.34
Volume / Market Cap0.04598
Market Dominance0.29%
Market Rank#28
VeChain Market Cap
Market Cap$7,497,666,403.61
Fully Diluted Market Cap$10,108,630,547.09
VeChain Price Yesterday
Yesterday's Low / High
$0.1141 /
Yesterday's Open / Close
$0.1183 /
Yesterday's Change


Yesterday's Volume$349,609,923.73
VeChain Price History
7d Low / 7d High
$0.1046 /
30d Low / 30d High
$0.1046 /
90d Low / 90d High
$0.08174 /
52 Week Low / 52 Week High
$0.01204 /
All Time High
Apr 17, 2021 (8 months ago)
All Time Low
Mar 13, 2020 (2 years ago)
VeChain ROI


VeChain Supply
Circulating Supply64,315,576,989 VET
Total Supply86,712,634,466 VET
Max Supply86,712,634,466 VET

VeChain to USD Chart

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VET Price Live Data

The live VeChain price today is $0.116576 USD with a 24-hour trading volume of $344,723,917 USD. We update our VET to USD price in real-time. VeChain is down 0.33% in the last 24 hours. The current CoinMarketCap ranking is #28, with a live market cap of $7,497,666,404 USD. It has a circulating supply of 64,315,576,989 VET coins and a max. supply of 86,712,634,466 VET coins.

If you would like to know where to buy VeChain, the top cryptocurrency exchanges for trading in VeChain stock are currently Binance, Mandala Exchange, FTX, Huobi Global, and KuCoin. You can find others listed on our crypto exchanges page.

What Is VeChain (VET)?

VeChain (VET) is a blockchain-powered smart contract platform. Begun in 2015 and launched in June 2016, VeChain aims to use distributed governance and Internet of Things (IoT) technology to create an ecosystem which solves some of the major problems with supply chain management.

The platform uses two in-house tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain.

The idea is to boost the efficiency, traceability and transparency of supply chains while reducing costs and placing more control in the hands of individual users.

Who Are the Founders of VeChain (VET)?

VeChain is the product of creator and co-founder Sunny Lu, an IT executive who was formerly CIO of Louis Vuitton China.

Lu has since become a well-known name within the cryptocurrency industry. He has drawn attention to the ability of blockchain technology to solve transparency in particular, arguing that it can create “trust-free” structures which do not suffer from corruption as part of the supply chain.

Fellow co-founder Jay Zhang, who directs VeChain's global corporate structure, governance, and financial management, previously worked for both Deloitte and PriceWaterhouseCoopers in the finance and risk management sphere.

Having launched in June 2016, VeChain is one of the oldest dedicated blockchain supply chain platforms on the market.

What Makes VeChain (VET) Unique?

VeChain exists to disrupt traditional supply chain models, an industry which before blockchain had remained little changed over the decades.

Using transparent technology with no single point of weakness or control allows for greater security, efficiency and ease of tracking products in a given supply chain, while reducing cost through trustless automation.

VeChain’s model thus appeals to businesses looking to reduce supply chain friction and give a more transparent impression to clients.

VeChain’s official literature notes that its unique proposition lies in its dual-token setup, among other features. In-house token fees combine with charges for various services to generate operating income for the company, while token holders can engage in activities such as staking, thus providing liquidity in return for rewards.

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New to cryptocurrency? Check out Alexandria, CoinMarketCap’s dedicated education suite.

How Many VeChain (VET) Coins Are There In Circulation?

VeChain has two in-house tokens: VeChain (VET) and VeThor (VTHO). Described as a unique offering for such a platform, the dual-token system is designed to avoid fee fluctuations and network congestion.

VET is the token used for transactions and other activities, while VTHO provides fee payments and thus functions as a “gas token,” similar to how gas functions for Ethereum (ETH) transactions.

VET holders automatically generate a small amount of passive income in VTHO, while 70% of the VTHO used in a VET payment is destroyed.

VTHO is generated based on VET holdings, while VET itself has a maximum fixed supply of 86,712,634,466 tokens.

How Is the VeChain (VET) Network Secured?

VeChain (VET) is a proof-of-stake token, and VeChain itself explains that relatively low computing power is required to achieve network security and maintain user consensus.

A separate feature, proof-of-authority, involves authority masternode operators maintaining the protocol in their own interest according to rules laid down by parent organization, the VeChain Foundation.

Where Can You Buy VeChain (VET)?

VET is a freely-tradable token available on major exchanges, while markets also exist for VTHO.

VET had major markets on Binance and Huobi Global among other platforms, with pairs for cryptocurrencies, stablecoins and fiat currencies.

If you’re new to cryptocurrency and want to know how to buy Bitcoin (BTC) or any other token, you can read more here.

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