VeChain (VET)

24h Change +3.78%

24h High $0.0293

24h Low $0.0275

24h Volume $2

Max Supply: 0

Circulation: 85,985,041,177

Market Cap: $2,421,085,103

VET
USD

Listing Date:
2022-09-06, 06:47:43

Network:
VeChain Main Chain

Asset Type:
Coin

Primary Markets (2 active)

Total Market Volume: ~$3

Liquidity Pools (1 Active)

Total Pool Liquidity: ~$201

Market Volume
$2.79
$0

Hot Wallets

Deposit
Block #21709427 @ 3.89 min ago

Balance: 8084.53971039

Updated: 3.87 min ago

Withdraw
Block #21709427 @ 3.89 min ago

Balance: 86648.81839864

Updated: 3.87 min ago

Highlighted Assets

Top Volumes

MOTA/USDT
MotaCoin

Volume: $200852 $0.004981

PPKAS/USDT
PPKAS

Volume: $128710 $0.00057525

MBC/USDT
MicroBitcoin

Volume: $127327 $0.00003708

Biggest Gains

VKAX/USDT
Vkax

+541.03% $0.0000025

NET/USDT
NETSIS

+311.79% $0.0003529

B1T/USDT
B1T

+180.05% $0.08911

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 (VEN is no longer active.)The VeChain Thor blockchain uses a dual token model.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.