🎁 Ace quick missions & earn crypto rewards while gaining real-world Web3 skills. JOIN NOW! 🔥
VeChain logo

VeChain VET

VeChain Price (VET)
$0.0229
0.50% Buy VET Now

0.00000508 ETH

0.000000187 BTC

Buy VET Now
Low: $0.0229
High: $0.0238
24h
Market Cap
$1,968,824,911
0.50%
Fully Diluted Market Cap
$1,986,278,282
0.50%
Volume
24h
$23,413,489
10.10%
Volume / Market Cap
0.0119
Circulating Supply
85,985,041,177 VET
99.16 %
Max Supply
86,712,634,466
Total Supply
85,985,041,177

Don't miss out - BYDFi new user bonus is now LIVE! Join BYDFi & unlock up to $2,000 in rewards. Claim Bonus! 🎁

Live VET Price Analysis

The current real time VeChain price is $0.0229, and its trading volume is $23,413,489 in the last 24 hours. VET price has plummeted by 0.50% in the last day, and increased by 4.60% in the last 7 days. It's important to note that current VeChain market capitalization is $1,968,824,911, and the maximum supply is 86,712,634,466 VET coins. Talking about circulating supply, VET has 85,985,041,177 coins. Currently, VeChain rank on the market is #47.

VeChain price today is 91.77% below all time high, and it is 1,264.84% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling VET are Kraken, Crypto.com & Coinbase. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is VeChain (VET)?

VET is the native token of VeChain, also known as VeChain Thor, which is a public blockchain. It draws its value from initiatives taken by members of the blockchain to address pressing economic issues. If you want to know the current VeChain price, look at the VET price chart featured above.

The VeChain crypto project seeks to support the fourth industrial revolution by building an ecosystem that addresses significant data challenges for a variety of international industries (medical, energetical, food, and others).

VeChain is trying to accomplish this by utilizing the potential of trustless data, distributed governance, and the Internet of Things technologies (RFID and NFC chips, QR codes, environmental data sensors, etc.).

VeChain network is known for its efficiency, strong security, and simple data tracking due to the transparent technology without a single point of control it employs. Besides, by using trustless automation through smart contracts, VeChain manages to reduce transaction costs.

The selling points of VeChain are such features as the dual-token system, innovative protocols, and the BaaS (Blockchain-as-a-Service) platform called ToolChain.

Considering the dual-token system, VeChain utilizes VET and VTHO tokens. The dual-token method is used to prevent fee changes and network overload. It’s discussed a bit more thoroughly below.

Moving on, one of the innovative protocols used by the VeChain crypto project is the TX fee delegation. It's a system that makes it possible for regular people to use decentralized applications (dApps) without having to buy crypto. They simply pay a direct transaction fee formed by their interactions with dApps.

Talking about ToolChain, it’s great for businesses without a blockchain background, because it makes the integration of IoT and blockchain frictionless. ToolChain manages to accomplish that by employing the data BaaS layer, which includes all necessary components.

Lastly, there is one more feature that is worth mentioning - VeChain IDs. These are unique identifiers that are allocated to each product and are used to track their steps on the supply chain.

The Story of VeChain

The VeChain network was developed by Sunny Lu and Jay Zhang. Before involvement in this project, Lu was the CIO and COO of Louis Vuitton China. Talking about Jay Zhang, prior to co-founding VeChain in 2015, he spent 15 years as a senior manager in finance and risk management for PwC China and Deloitte UK.

Overall, VeChain has more than 90 people working on the development of the network. Gu Jianliang, who has tremendous experience in the field of IoT, is the CTO of the company.

Besides, in 2017, the Vechain Foundation was developed. It’s a non-profit organization in charge of network construction, technology research, development, and governance. Additionally, it's crucial for business expansion because it fosters and supports partnerships with organizations that could be interested in offering blockchain technology as a service.

It’s important to note that VeChain was not always a public blockchain. In 2015, after it was launched, VeChain was a private consortium chain, which was a semi-decentralized network that was not accessible to everyone. Besides, its native token at that time was VEN (an ERC-20 token). However, in 2018, VeChain released a public blockchain called VeChain Thor. Along with it, the VET token was released. VEN token holders had to swap for VET tokens at a 1:100 rate. After they all did that, VEN tokens were deactivated.

VeChain Consensus Mechanism

VeChain employs a Proof-of-Authority (PoA) consensus mechanism mostly known for its low computing power usage. It uses reputable validators to create blocks, giving a network computing capability. Therefore, it’s especially appealing to businesses that demand assurances regarding the reliability and integrity of validators operating the network.

Besides, by using a Byzantine Fault Tolerance (BFT) algorithm with identity and reputation as forms of stake, PoA enables faster transactions.

Overall, 101 reputable validators (Authority Nodes) create new blocks on the blockchain using VeChain Thor's implementation of PoA. In order to become an Authority Node, a user has to:

  • Submit a formal application
  • Undergo full KYC
  • Have dedicated hardware
  • Hold at least 250 million VET
  • Be approved by the VeChain Foundation

VET VS VTHO

VET is the main token of the network and it serves as a value transfer medium when creating VTHO tokens. VTHO is used to cover gas fees, while VET is the token utilized for transactions and other operations. Adjusting certain factors, such as the quantity of VTHO needed to process a transaction or the pace at which VTHO is created, ensures that network usage fees are kept steady.

VET has a max supply of 86,712,634,466 tokens. VTHO, on the other hand, is created automatically, based on VET holdings.

To put it another way, anyone who possesses VET coins receives VTHO. Besides that, they are able to utilize the VeChainThor network for free, given that the transactions they make don't take up more VTHO than they produce.

However, note that VTHO can also be exchanged and traded. This enables users to obtain more VTHO for carrying out more complex tasks like running blockchain applications.

Besides, VET holders automatically generate a tiny amount of passive income in VTHO. However, the majority of the VTHO tokens utilized in a VET payment are burned.

If you're wondering how to buy VET tokens, it's pretty easy. All you have to do is choose a crypto exchange you want to use, and then, either purchase it using fiat (if the exchange allows it) or trade using other crypto assets.

Check out the VeChain price chart above if you intend to buy VET coins. This is crucial because the VET price is quite erratic. It’s an unavoidable characteristic of crypto assets due to the volatility of the entire crypto market. Thus, the same factors that affect market-wide prices also have an impact on the VET price.

So, it's pretty hard to say whether VET is a good investment, just like it's hard to say that about any other crypto asset. This is the case because there are always so many different factors that can influence the answer to the question "Is it a good investment?"

What's VeChain trading volume in the last 24 hours?

VET has a trading volume of $23,413,489 in the last 24 hours.

What's VeChain highest price ever?

VET has a highest price of $0.2782, which was reached on Apr 17, 2021 (4 years 5 months ago).

What's VeChain lowest price ever?

VET has a lowest price of $0.0017, which was reached on Mar 13, 2020 (5 years 6 months ago).

What are the best exchanges for buying and selling VET?

Currently, the most active and dominating exchanges for buying and selling VeChain are Kraken, Crypto.com & Coinbase. The most popular VeChain trading pairs are VET/USDT (on Binance ), VET/USDT (on Huobi Global ), VET/USDT (on MEXC ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping VET?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping VeChain. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

Pages Related to VeChain

Read the hottest Crypto News.

Watch Animated Crypto Video Explainers.

Learn Crypto From Scratch.


VeChain Markets' Analysis

The in-depth analysis of VeChain Markets shows that the top exchanges are Kraken. It's clear that the most popular trading pairs currently are SOL/USD, USDC/EUR, USDC/USD, XBT/USDC, XDG/USD. Looking at the combined Volume of these Top 5 VET pairs, it's evident that they have an overall market dominance of 907%, which makes up a worth of $212,426,147. Currently, the Number 1 VeChain trading pair is SOLUSD, with the current price of $1.00 & a volume of $96,522,599 with a dominance 412% rate.

VeChain (VET) Volume By Exchange And Quote Currency

Chart loader
Loading...
VeChain (VET) Markets
# Exchange Base Currency Quote Currency Name Price Volume Volume %
1 Binance Centralized Exchange VeChain VET Tether USDT VET/USDT $0.0229 $6,034,336 263,975,426 VET 25.77%
2 Huobi Global Centralized Exchange VeChain VET Tether USDT VET/USDT $0.0229 $2,476,007 108,205,318 VET 10.58%
3 Upbit Centralized Exchange VeChain VET South Korean Won KRW VET/KRW $0.0234 $1,345,838 57,578,784 VET 5.75%
4 KuCoin Centralized Exchange VeChain VET Tether USDT VET/USDT $0.0229 $1,094,482 47,815,916 VET 4.67%
5 Bitvavo Centralized Exchange VeChain VET Euro EUR VET/EUR $0.0228 $641,250 28,099,366 VET 2.74%

VeChain (VET) Markets

Chart loader
Loading...
# Exchange Base Currency Quote Currency Name Price Volume Volume %


VeChain Price History Analysis

Price History for VeChain (VET)
Date Open High Low Close Volume Market Cap
Oct 02, 2025 $0.0218 $0.0231 $0.0216 $0.0231 $23,858,673 $1,987,888,416
Oct 01, 2025 $0.0221 $0.0221 $0.0214 $0.0217 $19,848,592 $1,867,964,145
Sep 30, 2025 $0.0221 $0.0224 $0.0217 $0.0221 $22,450,975 $1,897,831,443
Sep 29, 2025 $0.0219 $0.0222 $0.0214 $0.0221 $16,614,186 $1,900,791,352
Sep 28, 2025 $0.0223 $0.0223 $0.0218 $0.0219 $13,865,075 $1,881,438,497
Chart loader
Loading...
Date Open High Low Close Volume Market Cap

On this day

October 05

VeChain VET
Today
$0.0229
| 7.07%
2024 (1 year ago)
$0.0222
| 31.15%
2023 (2 years ago)
$0.0169
| 29.42%
2022 (3 years ago)
$0.0240
| 78.07%
2021 (4 years ago)
$0.1093
| 835.24%
2020 (5 years ago)
$0.0117
| 238.69%
2019 (6 years ago)
$0.0034
| 73.1%
2018 (7 years ago)
$0.0128

VeChain Popularity Metric Analysis

By analyzing VeChain social media signals, you can instantly see how active, community-involved and popular the company is. Looking at VeChain X statistics, it's clear that the brand has 631,527 followers, which is considered to be a quite huge follower base. On the other hand, VeChain is following 1,017 X accounts. It's important to note that VeChain has posted 13,362 tweets since it joined X on Sep 15, 2017, which shows the brand's level of involvement and proactiveness.

Looking at VeChain Telegram stats, the project has 14,201 members. VeChain currently has 0 monthly organic visitors to its website, which is quite a low amount of traffic. The company's Ahrefs Rank is 71,117, and the Website Domain Rating is 72 - both of these metrics are deemed as very good.

VeChain has joined Reddit on Sep 27, 2017. Since then, the brand has generated 223,447 subscribers, which is a major fan base. VeChain GitHub activity began on Oct 31, 2017, until now it has 100 public repositories.

VeChain Price
$0.0229
Price Change 24h
-$0.0001
0.50%
24h Low / 24h High
$0.0229 /
$0.0238
All Time High
Apr 17, 2021 (4 years 5 months ago)
$0.2782
91.77%
All Time Low
Mar 13, 2020 (5 years 6 months ago)
$0.0017
1,264.84%
Trading Volume 24h
$23,413,489
10.10%
Volume / Market Cap
0.0119
Market Dominance
0.05%
Market Rank
#47
Market Cap
$1,968,824,911
0.50%
Fully Diluted Market Cap
$1,986,278,282
0.50%

binance
×
Verified

CLAIM $100 BONUS

Changelly Welcome Reward
Rating
5.0