DIEM
#383Diem
Diem
DeFi · Synthetic AssetsDIEM#383
Mcap$61.44M$1,663.022.13%
DIEM Metrics
Spot Volume (24H)
$582.13K+19.62%
Marketcap
$61.44M
FDV
$61.44M
Mindshare
Very Low
Metrics (24H)
1 Notable Posts
Circ. Supply
37,018
Sentiment
24H
7D
Max Supply
-
Mcap/FDV
100%
Total Supply
36,994
Sector Ranking
-
DIEM Performance
All Time High
$2,293-27.47%
Sep 21, 2026
Cycle Low
$1,556+6.87%
Oct 08, 2026
Trending
DIEM Metrics
Spot Volume (24H)
$582.13K+19.62%
Marketcap
$61.44M
Mindshare
Very Low
Sentiment Chg
24H
7D
Last Updated: Oct-29-2026 10:00 UTC
Diem Project Update
Get Caught Up
Meta Re-Enters the Stablecoin Space
In May 2025, Meta was reported to be exploring stablecoins to reduce payment costs, particularly for cross-regional payouts such as Instagram creator payments, and had contacted crypto infrastructure firms including Ripple 1. This matters because it marks a renewed crypto push years after Meta shut down its original Libra/Diem project following regulatory pushback, and it comes amid a more favorable U.S. regulatory environment 1. The global stablecoin market at the time was valued at $232.14 billion, dominated by Tether's USDT and Circle's USDC 1.
The DIEM Token Launch on Venice.ai
Venice.ai announced that a tokenized DIEM token would launch on Aug. 20, 2025, with each DIEM token representing $1 of daily API credit when staked 2. The token went live and became mintable by VVV holders through the Venice UI, with a base mint rate of 90, an adjustment power of 2, and a target supply of 38,000 DIEM 23. This is notable because it represents a distinct, active use of the "DIEM" name in the market today, tied to AI API credits rather than the original payments network.
VVV Contract Upgrade and Emissions Changes
Coinciding with the DIEM launch, Venice.ai executed a VVV contract upgrade that reduced annual VVV inflation from 14 million to 10 million tokens and increased staking rewards from 20–80% of emissions to 80–100% 45. The upgrade also expanded VVV's utility, allowing stakers to lock their staked VVV (sVVV) to mint DIEM while continuing to earn staking yield 4. This matters because it directly ties the DIEM token's economics to the VVV staking system.
Biggest Stories of 2025
- Venice Video Generation Live in App: Video generation became live in the Venice app, expanding the platform's AI capabilities. (December 4, 2025) 6
- Plans to Reduce Emissions to 8M VVV Per Year: The Venice team disclosed plans to further reduce VVV inflation from 10 million to 8 million per year on Oct. 23, 2025, stating "it will not be the last emission reduction." (October 7, 2025) 7
- Venice Video Generation Announced: The Venice team confirmed plans to launch text-to-video and image-to-video functionality by the end of the month, prioritizing open-source models while also enabling access to models such as Sora 2, Veo3, and Kling Turbo. (October 7, 2025) 8
- DIEM Token Launched: The DIEM token went live and became mintable by VVV holders through the Venice UI. (August 20, 2025) 3
- VVV Contract Upgraded: Following the DIEM token launch, the VVV contract was successfully upgraded. (August 20, 2025) 9
- VVV Emissions Reduction and Staking Rewards Share Increase: Annual VVV inflation was reduced from 14 million to 10 million VVV per year, and staking rewards were increased to 80–100% of emissions. (August 20, 2025) 5
- DIEM Token Launch Announced: Venice.ai announced that tokenized DIEM would launch on Aug. 20, 2025, with each token representing $1 of daily API credit when staked. (August 14, 2025) 2
- VVV Contract Upgrade Scheduled: Venice.ai scheduled a VVV contract upgrade for Aug. 20, 2025, to coincide with the DIEM launch, introducing changes to inflation, yield distribution, and token utility. (August 14, 2025) 4
- Meta Explores Stablecoins: Meta was reported to be exploring stablecoins to cut payment costs, years after selling off the failed Diem project, and had contacted firms including Ripple. (May 8, 2025) 1
- Movement's Pre-Launch Marketing: Movement, an Ethereum Layer-2 blockchain utilizing the Move Virtual Machine from Meta's Diem project, launched its mainnet (beta) and gained attention for its pre-launch strategies. (March 12, 2025) 10
- MOVE Spikes on Trump-Linked DeFi Buy: The MOVE token surged after World Liberty Financial purchased $1.9 million worth of the token; Movement Labs clarified it was not involved and focused on its Developer Mainnet Launch. (January 28, 2025) 11
Note: The original Diem Association wound down operations and sold its intellectual property and other assets related to the Diem Payment Network to Silvergate Capital Corporation, as announced by Diem CEO Stuart Levey 1213. The "Diem" name referenced in 2025 events above relates to the separate Venice.ai DIEM token, while the original Diem blockchain technology lives on through successor projects such as Aptos, Sui, and Movement 10.