About vechain
VeChain, founded in 2015, is a sustainability-focused blockchain driving mass adoption of Web3. Its energy-efficient VeChainThor chain delivers fast, low-cost transactions, making blockchain accessible to millions worldwide. With partnerships including UFC, BCG, and Walmart, and over 2 million active users on VeBetter-powered apps, VeChain is proving real-world impact at scale. In 2024, the VeChain Renaissance upgrade was launched, introducing Ethereum compatibility, dPoS consensus, and dynamic gas fees. It cut VTHO inflation and introduced StarGate NFT staking, where users lock VET to mint transferable NFTs that earn VTHO, can be delegated to validators, and serve as governance instruments. The upgrade also added new eco node tiers, lowering entry barriers while keeping rewards across higher staking levels. By combining adoption, upgraded tokenomics, and inclusive staking, VeChain is positioning itself as a leading blockchain where usage, growth, and rewards fuel long-term value creation.
Happening now
AI generated 12h ago
VET surged ↗13% since Saturday afternoon, outperforming Layer 1 category peers.
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Buyer Ratio
Traders
1.2K
-40.24%
Buyers
671
-49.43%
Sellers
548
-19.53%
Searched
1.4K
Market Stats
Market Cap
R$7.64B
FDV
R$7.71B
Circ. Supply
86B VET
Max Supply
87B VET
Total Supply
86B VET
Performance
Popularity
#55
Dominance
0.04%
Volume (24H)
R$262.50M
-34.02%
Volume (7D)
R$2.98B
Volume (30D)
R$8.00B
All time high
R$1.48
Price Change (1Y)
-34.24%
Additional details
Market details
VET vs markets
↘ 50.94%
VET vs BTC
↘ 47.91%
VET vs ETH
↘ 37.82%
Tags
logistics
data-provenance
iot
smart-contracts
+4
Network & Addresses
Network | Address | |
|---|---|---|
VeChain | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | R$0.0888 | ↘ 4.34% |
1 Day | R$0.0926 | ↘ 4.34% |
1 Week | R$0.0868 | ↗ 3.16% |
1 Month | R$0.12 | ↘ 25.82% |
1 Year | R$0.15 | ↘ 34.24% |
Coinbase insights
Happening now
AI generated 12h ago
VET surged ↗13% since Saturday afternoon, outperforming Layer 1 category peers.
Market Position
•
Weekly gains ↗5% outperform Layer 1 category average ↘8% decline
•
Volume surged ↗61% while broader market dropped ↘6%
•
Monthly decline ↘27% underperforms category average ↘19%
Recent trends
The latest VET price is R$0.0888. Compared to vechain's value of R$0.09 from 24 hours ago, there's been a -4% decrease, while the current price is 3% up from R$0.09 which was recorded one week ago. vechain's all time high is R$1.48, which was reached on April 17, 2021. This is a -94% 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 R$7.64B, which is a result of multiplying the current price of vechain(R$0.09) by the total supply(85,985,041,177 VET). The fully diluted valuation of vechain is R$7.71B. The diluted valuation of vechain is R$7.71B.
vechain had 671 buyers, 548 sellers and total 1,160 trades in the last 24h. vechain was searched 1,412 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.