Venice TokenVVV

Token of Venice, a private, uncensored AI chat app and API; staking it gives API capacity.

Rank #71Since January 2025

Price on 31 Oct 2026

C$31.97 +93.1% since 31 Jul 2026 · 33.9% below its all-time high

The short version

Venice is a private, uncensored AI app and API founded by Erik Voorhees, who earlier founded ShapeShift. Users pay subscriptions, and revenue funds burns of VVV: US$3.98M was burned in the 12 months to Oct 2026. On 20 Oct 2026, 21Shares launched a VVV exchange-traded product on the SIX Swiss Exchange. On 31 Oct 2026 one VVV cost C$31.97. From 31 Jul 2026 to 31 Oct 2026 its price changed +93.1% in Canadian dollars, and it was 33.9% below its all-time high of C$48.38 set on 21 Sep 2026.^[1]

Checked 31 Oct 2026 · 14 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$44.98 (23 Sep 2026) · low C$1.33 (2 Dec 2025) · +1,433.1%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$32.65	US$23.39
30 Sep 2026	C$38.44	US$27.00
31 Aug 2026	C$23.46	US$16.92
31 Jul 2026	C$17.34	US$12.36
30 Jun 2026	C$18.83	US$13.26
31 May 2026	C$23.27	US$16.86
30 Apr 2026	C$11.88	US$8.75
31 Mar 2026	C$8.64	US$6.22
28 Feb 2026	C$6.28	US$4.59
31 Jan 2026	C$3.67	US$2.72
31 Dec 2025	C$2.28	US$1.67
30 Nov 2025	C$1.43	US$1.02

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

Price, 31 Oct 2026: C$31.97^[1]
3-month change: +93.1% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 33.9% below its high of C$48.38 (21 Sep 2026)^[1]
Market rank: #71, market value about C$1.6B^[1]
Kind: Token · Base (an Ethereum layer 2)
Started: January 2025

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?YesA 4-of-6 multisig controls the staking contract that mints VVV and can change its rate^{[2, 3, 4]}

Can anyone freeze or take coins from holders?NoNo blacklist, pause or balance-change function (GoPlus)^[2]

Can the token's contract code be changed?NoFixed contract code on Base, not a proxy^[2]

Is the supply capped?NoNo maximum; new VVV are issued at 2M a year^{[5, 6]}

Any scheduled unlocks in the next 12 months?YesAbout 0.9M team tokens, about 2% of circulating supply^[7]

Does a team or foundation hold over 10% of supply?Not disclosedThe company received 25M of 100M at launch; current holdings not published^[7]

Do network fees reach coin holders?YesRevenue funds VVV burns: US$3.98M in 12 months^[8]

Main network hacked or halted in the past 2 years?NoNo Venice exploit in the DefiLlama hacks list^[9]

Is a regulator or court case targeting the coin itself?NoNo regulator or court case found^[5]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Founders: Erik Voorhees (founder; ShapeShift) and Jesse Proudman (President and CTO)^[10]
Backers: US$65M Series A in Jul 2026 led by Dragonfly, with Coinbase Ventures and Archetype^[11]
Launch split: Of 100M at launch: 50M airdrops, 25M company, about 10M team, 10M incentive fund^[7]
Mint control: Minting runs through the sVVV staking contract; a 4-of-6 multisig sets its rate and can upgrade it^{[2, 3, 4]}

Supply

In circulation: 48.75M VVV of 81.21M in total (60.0%)^[1]
Maximum supply: None set^[1]
Fully diluted value: 1.67 times its current market value^[1]
Supply: About 115M VVV minted, about 34M burned; 81.2M remain and 48.8M circulate^{[2, 6]}
New issuance: Cut to 2M VVV a year from 1 Oct 2026, down from 14M at launch^{[5, 6]}
Unlocks: About 0.9M team tokens left to vest, ending Jan 2027^[7]
Staked: About 30% of minted VVV sits in the sVVV staking contract^{[2, 12]}

Use and fees

Main use: Private AI chat and API; staking VVV gives API capacity and DIEM credits^[6]
Burns: US$3.98M of revenue-funded burns in 12 months; US$1.04M in the last 30 days^[8]
Subscriptions: Each new Pro subscription burns US$2 of VVV^[5]

Trading

Daily trading: About C$54.0M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 3.01% of its market value changes hands each day^[1]
20-week average: 25.7% above its 20-week average price^[1]
1-year change: +1,399.7% in C$^[1]^[13]

History

Not a forecast

Coins 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^[14]

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

1 red flag found

Red flag: A 4-of-6 multisig owns VVV's staking contract, which mints VVV: it can set any emission rate or upgrade the contract.^{[2, 3, 4]}

21Shares listed a physically backed VVV product (ticker VENC) on SIX Swiss Exchange on 20 Oct 2026, with a 2.5% annual fee.^[5]
Venice cut VVV emissions on 1 Sep and again on 1 Oct 2026, to 2M a year.^[5]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

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$.