Currencies
16690
Market Cap
$ 1.24T
+2.54%
24h Spot Volume
$ 32.29B
+13.5%
BTC Dominance
37.81%
-0.34%
ETH Gas
11 Gwei

VeChain

[VET]
BNB
VeChain is the world's leading enterprise-grade L1 smart contract platform, with an ultra-low carbon & highly scalable blockchain architecture

VeChain Price

$ 0.0335-0.03

0.00...014-1.95

High / Low

High:$ 0.0338

Low:$ 0.0327

Contracts

VeChain Market Cap

$ 2,429,994,745 
Ƀ 99,147
FDMC: $ 2,905,915,248 
ATH: $ 20,835,119,326 

24h Trade Volume

$ 43,111,336 
Ƀ 1,759
VET 1,286,444,084

Supply

Circulating:
VET 72,511,146,418(84.33%)
Total:
VET 85,985,041,177
Max:
VET 86,712,634,466

All-Time-High (ATH) Price

$ 0.287 (19 Apr 2021)
Ƀ 0.00...005 (19 Apr 2021)
ETH 0.000127 (19 Apr 2021)
From ATH: -88.3%
To ATH: +757.4%

VeChain Live Chart

VeChain price Index provides the latest VET price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The VeChain to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

VET to USD Converter

VET

VeChain Quarterly Returns (USD)

YearQ1Q2Q3Q4
2022-6.49%-71%+47%-
2021+370.9%+2.28%+4.96%-13.8%
2020-40.3%+183.9%+52.3%+39.2%
2019+51.6%+34.6%-57.5%+50.9%
2018---38.5%-69%

VeChain Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2022$ 0.0779$ 0.0226--
2021$ 0.0885$ 0.0906$ 0.0951$ 0.0833
2020$ 0.00312$ 0.00885$ 0.0135$ 0.0188
2019$ 0.00612$ 0.00823$ 0.00346$ 0.00523
2018--$ 0.0129$ 0.00402

VeChain Monthly Returns (USD)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2022-35.5%-3.91%+49.5%-41.4%-28%-31.3%+19.5%+23.2%----
2021+35.4%+55.5%+122.3%+131.2%-37.9%-29.1%-0.97%+38.2%-23.1%+37.6%-9.91%-30.6%
2020+9.8%-2.4%-44.5%+39.5%+43.1%+41.2%+95.3%+0.88%-22.6%-26.8%+61.9%+17.9%
2019-2.87%+16.6%+33.2%+3.53%+21.5%+7.4%-31.3%-26.7%-15.7%+18.3%+48.4%-13.7%
2018------+9.4%-17.1%-24%-19.7%-52.3%-19.1%
Average+1.71%+16.4%+40.1%+33.2%-0.31%-2.93%+18.4%+3.68%-21.4%+2.37%+12%-11.3%
Median+3.47%+7.11%+41.4%+21.5%-3.22%-10.8%+9.4%+0.88%-22.9%-0.69%+19.2%-16.4%

VET - USD Price Change

PeriodChangeChange (%)HighLow
24H-$ 0.00...093-0.03%$ 0.0338$ 0.0327
7D$ 0.00194+6.16%$ 0.0338$ 0.0295
14D$ 0.00598+21.7%$ 0.0338$ 0.0264
1M$ 0.0119+55%$ 0.0338$ 0.0216
3M$ 0.0016+5.02%$ 0.0344$ 0.0203
6M-$ 0.024-41.7%$ 0.0888$ 0.0203
YTD-$ 0.0498-59.8%$ 0.0958$ 0.0203
1Y-$ 0.0868-72.1%$ 0.187$ 0.0203
3Y$ 0.0287+601.2%$ 0.287$ 0.00163

VeChain Annual Price (USD)

YearUSDHighLow
2022-59.8%$ 0.0958$ 0.0203
2021+343.2%$ 0.287$ 0.0185
2020+259.2%$ 0.0228$ 0.00163
2019+29.5%$ 0.0103$ 0.00291
2018-80.9%$ 0.0276$ 0.00331

VeChain Live Info Today

VeChain's current price is $ 0.0335, it has dropped -0.03% over the past 24 hours.

VeChain's All Time High (ATH) of $ 0.287 was reached on 19 Apr 2021, and is currently -88.3% down.

The current circulating supply of VeChain is 72.51 Billions tokens, and the maximum supply of VeChain is 86.71 Billions.

VeChain’s 24 hour trading volume is $ 43.11 Million.

VeChain's current share of the entire cryptocurrency market is 0.20%, with a market capitalization of $ 2.43 Billions.

You can find more details about VeChain on its official website and on the block explorer.

What is VeChain

VeChain was created in 2015. It was originally running on the Etherum network, under the token name VEN. In 2017 the VeChain Thor mainnet was launched after a successful ICO. The blockchain platform aims to allow businesses to build and run decentralized applications with a core focus on supply chain management and business processes. However, VeChain has grown to facilitate other use cases on its blockchain.

The supply chain industry is expansive and encompasses a variety of sectors, thus VeChain aims to optimize the processes in complex supply chains by using distributed ledger technology (DLT). Its technology can be used to improve the efficiency, transparency, and traceability of supply chains and some of its current partners include Renault, PwC, and Microsoft.

What are VET key features and how does it work?

VeChain is a Proof-of-Authority economy. It works as an Internet-of-Things token layer that allows users to track assets on the blockchain, it is also smart contract compatible meaning dApps can be made.

The Vechain platform has two tokens: VeChain Token (VET) and VeChainThor Energy (VTHO). VET is used as the currency within the VeChain platform, for example, to carry money from smart contracts and to store and transfer value in and around the ecosystem. The token relies on its unique Proof-of-Authority (PoA).

VTHO is used for transactions on the network. Using VTHO allows applications on VeChain to charge stable fees, this is because VTHOR supply can be changed to ensure a stable transaction price.

The PoA consensus mechanism uses Authority Masternodes to verify transactions on the blockchain. There are a limited number of Authority Masternodes, and to become one, a user must stake at least 25 million VET and submit a KYC to the VeChain Foundation. The PoA mechanism means that large transaction volumes can be processed quickly, but it relies on a central authority that checks and authorizes users who can take part in processing transactions. 

To track products in a supply chain, VeChain uses a system called VeChain Identity (VID). VIDs are created through “mining” the SHA256 hash function. They are then attached to the QR code, NFC tag, or RFID tag to create an Internet-of-Things digital copy that a company can then track throughout the supply chain. This creates a stronger system of trust for shipping, receiving, and warehousing.

As for VeChain network mining nodes, each business and organization using the system runs and maintains its own node, creating a private and exclusive ecosystem. VeChain also has its own software development kit, VeChain ToolChain to provide any company with the tools to launch new kinds of dApps on the network.

Where can you buy VeChain Thor?

VET can be bought from the CEXs and DEXs as listed on the markets tab. Binance, Upbit, and Kucoin are some of the most popular choices.

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