VeChain (VET)

24h Change +3.44%

24h High $0.0235

24h Low $0.0224

24h Volume $11717

Max Supply: 0

Circulation: 72,511,146,418

Market Cap: $1,684,267,026

VET
USD

Listing Date:
1662446863797

Network:
VeChain Main Chain

Asset Type:
Coin

Primary Markets (2 active)

Total Market Volume: ~$11717

Liquidity Pools (2 Active)

Total Pool Liquidity: ~$1950

Market Volume
$11,685.75
$31.57

Reserves

Deposit
Block #19635770 @ 3.05 min ago

Balance: 1610.03870005

Updated: 2.99 min ago

Withdraw
Block #19635770 @ 3.05 min ago

Balance: 164087.80287854

Updated: 2.98 min ago

Safe
Block # N/A

Balance: 0

Updated: 718319.35 min ago

VET Ratio
100.37%
Customer Net Balances
165,087.582
XeggeX Net Balances
165,697.842

Highlighted Assets

Market Cap: $955K $0.0166

Market Cap: $0.00 $6.34

Market Cap: $4.51M $0.000600

Top Volumes

BTC/USDC
Bitcoin

Volume: $646554 $62970.13

LTC/USDT
Litecoin

Volume: $199194 $65.724

ETH/USDT
Ethereum

Volume: $182221 $2541.65

Biggest Gains

HMC/USDT
HorseMania

+248.85% $0.0757

BBTC/USDT
BlakeBitcoin

+200.18% $0.0243865

DGC/DOGE
Digitalcoin

+125.00% $0.00234771

About VeChain

VeChain Thor (VET) is a cryptocurrency and smart contracts platform focused on enterprise use. It utilizes IoT technology (like NFC chips, RFID trackers, and QR codes) and connects them to a single distributed ledger. According to the VeChain Foundation, partnerships have been developed with companies in several industries including luxury goods, automotive, agriculture, logistics, food/drug, and governments.

Sunny Lu, former Chief Information Officer of Louis Vuitton China, founded VeChain in 2015. Initially, VeChain launched as an ERC-20 token called VEN. In August 2017, VeChain held an Initial Coin Offering (ICO) where 200,000 ETH was raised which was about $60 million at the time.

On June 30, 2018, VeChain released VeChain Thor on its own mainnet. With the roll-out of this independent blockchain, token holders swapped VEN for VET, at an exchange rate of 1:100. (VEN is no longer active.)

The VeChain Thor blockchain uses a dual token model. VET is the native token and functions as a store of value, whereas VTHO is used to pay for using and building apps on the blockchain. VTHO is automatically generated by owning VET. By using a dual token model, transaction fees remain more stable compared to a system where there is only one coin.