What is the current price of VeThor Token?
The current price of VeThor Token is $0.0006892 with a 5.84% change in the last 24 hours.
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Derivatives and mapped ecosystem data, with source timings and coverage.
VTHO is the gas token of VeChainThor, a public Layer 1 blockchain aimed at enterprise and consumer applications. It is a VIP-180 fungible token, VeChain's equivalent of the ERC-20 standard, and it is what you actually spend when you transfer value or execute a smart contract on the network.
VTHO is not VeChain's main asset, and the two are easy to confuse. VeChainThor uses a dual-token model in which VET is the native asset and staking collateral, while VTHO covers the cost of using network resources. Holding VET is how you take a position in the network and help secure it; holding VTHO is how you pay to use it. Separating them lets fee parameters be managed independently of what VET is worth, which was the entire point of the design.
Official sources:
VTHO has no founders of its own; it is a product of the VeChain protocol. VeChain was founded in 2015 by Sunny Lu, previously chief information officer for Louis Vuitton China, and its early work centered on supply-chain traceability using NFC chips, RFID tags and QR codes alongside the blockchain.
The project originally issued VEN as an ERC-20 token on Ethereum. When the VeChainThor mainnet launched in June 2018, VEN was migrated to the native VET and the dual-token structure was introduced with it. That is where VTHO comes from.
Two later changes matter most for understanding VTHO today. A July 2025 upgrade introduced a dynamic fee market modeled on Ethereum's EIP-1559, splitting fees into a burned base fee and a priority fee paid to block producers. Then the Hayabusa hard fork, activated in December 2025, moved the network to delegated proof of stake and replaced passive VTHO generation entirely. In August 2026 governance approved a further upgrade, VIP-255, focused on cross-chain communication.
VTHO pays for computation Every transfer or contract call consumes gas. The cost is gas used multiplied by a gas price, so the fee reflects the computational weight of what you asked the network to do.
Part of every fee is destroyed Under the fee market model, the base fee portion of a transaction is burned and permanently removed from supply, while the priority fee compensates block producers. Network usage therefore acts as a continuous sink on VTHO.
Issuance now follows staking, not holding Before Hayabusa, every VET holder generated VTHO passively at a fixed 0.000432 VTHO per VET per day, producing roughly 13.7 billion VTHO a year whether or not anyone was helping run the network. Hayabusa ended that. New VTHO is issued as block rewards to validators and delegators who actively stake VET.
Issuance scales sub-linearly with stake The documented generation function is 1200 multiplied by 64 multiplied by the square root of staked VET. As a reference point published by VeChain, roughly 2.525 billion VET staked corresponds to about 3.86 billion VTHO issued per year. Because the relationship is a square root rather than a straight line, doubling the stake does not double issuance.
VTHO has no fixed maximum supply. Its supply moves in both directions, upward through issuance and downward through base-fee burning.
VTHO is used for:
VTHO is a fee asset by design. It is meant to be spent, and its economics follow network usage and staking participation rather than a fixed cap.
What sets VTHO apart is the reason it exists at all. Most chains make you pay fees in the same asset you hold for exposure, so the cost of using the network moves with speculation on that asset. VeChain separated the two so an enterprise can budget on-chain costs without those costs tracking VET. Fee delegation extends the idea to end users: a company can absorb gas entirely and the customer never touches a token. That explains why VTHO's mechanics look more like a metered utility than a traditional cryptocurrency.
The closest structural analogue is Ontology, which pairs ONT as staking asset with ONG as gas token for the same reason, and Neo uses a comparable split between NEO and GAS. What distinguishes VTHO after Hayabusa is that generation is no longer passive: where a gas token accrues simply from holding the base asset it behaves much like a dividend, whereas VeChain now requires active staking and delegation. Against single-token designs such as Ethereum or Hedera, where fees and the network asset are the same thing, VeChain trades simplicity for fee predictability and asks users and integrators to understand two assets.
VTHO inherits the security of VeChainThor itself. Since Hayabusa, the network runs a delegated proof-of-stake model with a validator set of 101 producing blocks, backed by staked VET. Delegators stake VET through StarGate, mint an NFT representing the position, and delegate it to validators. Rewards depend on both stake size and validator performance, which gives delegators a reason to move away from underperforming operators. The questions worth watching are the usual ones for a bounded validator set: how concentrated stake becomes, how much of the set is genuinely independent, and how governance authorizes upgrades.
VTHO is one of the longest-running production examples of a deliberately separated gas token, and VeChain's willingness to rewrite its own issuance model in 2025 rather than defend a legacy design makes it a useful case study. It is also the network's honest usage meter: VTHO is consumed only when the chain is actually used, so its burn and issuance say more about real adoption than most headline figures do.
VTHO is listed on centralized exchanges, generally alongside VET. Because it is a native VeChainThor asset rather than an ERC-20 token, it cannot be held in an ordinary Ethereum wallet, and support is narrower than for VET. Confirm both the listing and withdrawal support before you buy.
VTHO is commonly available on:
Pairs are typically quoted against USDT and, on some venues, BTC. Availability varies by jurisdiction.
Never send VTHO to an Ethereum address or through a bridge that does not explicitly support VeChainThor.
You can compare VTHO with related ecosystems on Coinrithm:
Track VeThor Token live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for VeThor Token on CoinRithm before using real money.
Use a crypto paper trading account to demo trade VeThor Token with real-time prices, AI trade feedback, and trading leagues. Test strategies, learn risk management, and build confidence before trading VeThor Token with real money.
Read the complete paper trading guideThe current price of VeThor Token is $0.0006892 with a 5.84% change in the last 24 hours.
The daily trading volume is $1,905,014 representing a 17.67% change in the past 24 hours.
The market capitalization of VeThor Token is $71,469,079, ranking #262 globally.
The fully diluted valuation (FDV) of VeThor Token is $71,486,925, calculated assuming the total supply of 103,722,849,751 VTHO is in circulation.
Circulating: 103,696,956,964. Total: 103,722,849,751. Max: N/A.
In the last 24 hours, VeThor Token traded between a low of $0.0006767 and a high of $0.000735.
VTHO/USDTTether USDT0.0006892 USDT
VTHO trades ~$0.00059–$0.00078. Hayabusa DPoS live Dec 2025, 50% less VTHO inflation, EU Digital Product Passport 2026. Honest 2026–2030 forecast.
Three months after Hayabusa hard fork, VeChain's StarGate platform shows 10.7B VET locked, 93.9% growth in active stakers, and VTHO emissions cut in half. (Read More)
VeChain introduces Hayabusa, a revamped staking model rewarding active network participation. Learn how it impacts VET holders and the role of VTHO in the ecosystem. (Read More)
VeChain's Hayabusa Upgrade introduces a dynamic VTHO issuance model, rewarding active participation and enhancing network security. Discover the benefits and transition timeline. (Read More)
VeChain introduces the Hayabusa hard fork to enhance network security and growth through Delegated Proof of Stake, reducing VTHO inflation and improving tokenomics. (Read More)
Explore VeChain's three-token economy, its regenerative cycle, and how it mirrors a beehive's efficiency. Learn about $VET, $VTHO, and $B3TR within the VeChain ecosystem. (Read More)
