VeChainVET
The staking coin of VeChainThor, a supply-chain blockchain run by the VeChain Foundation, with VTHO as gas.
The short version
VET is the staking and value coin of VeChainThor, a smart-contract blockchain curated by VeChain Foundation San Marino S.R.L., with VTHO as the gas token. Supply is fixed at 86,712,634,466 VET. The Hayabusa hard fork on 2 Dec 2025 replaced the authority-masternode model with delegated proof of stake, so VTHO is now generated only by staked VET, and the Interstellar fork on 16 Sep 2026 added Ethereum's newest EVM features. On 31 Oct 2026 one VET cost C$0.00835. From 31 Jul 2026 to 31 Oct 2026 its price changed +26.4% in Canadian dollars, and it was 97.6% below its all-time high of C$0.3518 set on 18 Apr 2021.[1]
Facts checked 2 Nov 2026 · 10 sources · next update about 1 Dec 2026
Price, past year
Past year: high C$0.0243 (11 Nov 2025) · low C$0.00611 (17 Aug 2026) · -63.6%[1]
Month-end prices (table)
| Date | C$ | US$ |
|---|---|---|
| 31 Oct 2026 | C$0.00834 | US$0.00597 |
| 30 Sep 2026 | C$0.0125 | US$0.00876 |
| 31 Aug 2026 | C$0.00931 | US$0.00671 |
| 31 Jul 2026 | C$0.00660 | US$0.00470 |
| 30 Jun 2026 | C$0.00636 | US$0.00448 |
| 31 May 2026 | C$0.00843 | US$0.00611 |
| 30 Apr 2026 | C$0.00953 | US$0.00700 |
| 31 Mar 2026 | C$0.00930 | US$0.00667 |
| 28 Feb 2026 | C$0.0100 | US$0.00735 |
| 31 Jan 2026 | C$0.0125 | US$0.00925 |
| 31 Dec 2025 | C$0.0149 | US$0.0108 |
| 30 Nov 2025 | C$0.0187 | US$0.0134 |
Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.
Choose what to see
Key facts
Checks: the same 9 questions for every coin
Facts, not a ratingEach answer is a fact with a source, not a score. What each check means.
Who controls it
- Run by
- VeChain Foundation San Marino S.R.L. (registered 7 Jun 2021, Domagnano, San Marino); CEO Yang Lu, CTO Antonio Senatore[2]
- Consensus
- Delegated proof of stake since 2 Dec 2025: validators stake at least 25M VET; delegators join through StarGate NFTs[2, 5]
- Foundation VET
- Shareholders contributed VET as a reserve when the Foundation was set up; the amount is not published in the MiCA white paper[2]
Supply
- In circulation
- 85.99B VET of a 86.71B maximum (99.2%)[1]
- Maximum
- 86,712,634,466 VET, fixed; no new VET can be created[2]
- New coins
- None; stakers earn VTHO, the gas token, generated in proportion to staked VET (VIP-254)[2, 3]
- Rewards
- Block rewards split 30% to validators and 70% to delegators by default (VIP-253)[2]
Use and fees
- Main use
- Staking for network security and running supply-chain, product-passport and sustainability apps that pay gas in VTHO[2, 6]
- Fees
- Paid in VTHO; the base fee is burned and the priority fee goes to the block's validator since Galactica (1 Jul 2025)[3, 5]
- App fees
- DefiLlama tracks only US$1,034 of app fees on VeChain in the past year, from two DEXs[7]
Trading
History
Not a forecastCoins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins
39% were higher a year later[9]
- Typical result
- Median -25% after a year; 45% higher after two years
- Lost half or more
- 38% within a year
- Against Bitcoin
- 12% did better than Bitcoin over the year
History, not a forecast.
Red flags and things to watch
No red flags found- The Hayabusa hard fork activated at block 23,414,400 on 2 Dec 2025; VET left unstaked no longer generates VTHO.[5, 10]
- The Interstellar hard fork (thor v2.5.0) activated at block 25,902,540 on 16 Sep 2026, adding Cancun, Prague and Osaka EVM features.[5]
- A VeChain Foundation buyback wallet lost about US$6.5M of VET to a compromised private key on 14 Dec 2019.[4]
Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.
Sources and dates
- CoinGecko market data, 31 Oct 2026
- VET MiCA white paper (VeChain Foundation), 19 Nov 2025
- VeChain docs (VeThor VTHO)
- DefiLlama hacks list, 2 Nov 2026
- VeChain thor releases (GitHub), Sep 2026
- CoinGecko (VeChain), 2 Nov 2026
- DefiLlama fees (VeChain), 2 Nov 2026
- Bank of Canada USD/CAD rate, 31 Oct 2025
- CoinIvy history data: CoinMarketCap weekly rankings 2013-2026, dead coins included
- VeChain blog (Hayabusa staking economics), 27 Nov 2025
Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.