VeThor Token
VTHO
#406VeThor Token
VeThor Token
DeFi · Decentralized PaymentsVTHO#406
Mcap$56.14M$0.0005385.81%
VTHO Metrics
Spot Volume (24H)
$3.55M+55.20%
Marketcap
$56.14M
FDV
$56.16M
Mindshare
Very Low
Metrics (24H)
0 Notable Posts
Circ. Supply
104.1B
Max Supply
-
Mcap/FDV
99.97%
Total Supply
104.1B
Sector Ranking
#111
Futures Volume
$12M
Open Interest
$2.47M
Volatility (30D)
79.69%
About & Links
About & Links
VeThor Token (VTHO) is the secondary token within VeChain's two token system. VeChain is a smart contract platform that supports the development and execution of smart contracts. Users stake the network's native token, VET, to secure the platform, and holding VET allows users to access the network for free. VTHO is used to pay the gas fees of transactions on the network.
Sector Rank
#111
Sub-Sector Rank
#9
API ID
VTHO Performance
All Time High
$0.0796-99.32%
Jul 24, 2018
Cycle Low
$0.000160+236.64%
Mar 18, 2020
Trending
VTHO Metrics
Spot Volume (24H)
$3.55M+55.20%
Marketcap
$56.14M
Mindshare
Very Low
Last Updated: Oct-29-2026 9:45 UTC
VeThor Token (VTHO) Project Update
Get Caught Up
VeChain Foundation Partners with Crypto.com for Institutional Custody and Liquidity
In August 2025, Crypto.com announced a partnership with the VeChain Foundation to provide secure custody and over-the-counter (OTC) trading capabilities for VeChain's native tokens, VET and VTHO 123. The regulated custody platform offers multi-user permissions, customizable governance, and insured storage, addressing institutional demand for secure, compliant infrastructure 14. This matters because it opens the VeChainThor blockchain to institutional investors, and VeChain CEO Sunny Lu highlighted the partnership's role in accelerating mainstream and institutional adoption 25.
VeChain Q2 2025 Financial Report
The VeChain Foundation's Q2 2025 financial report highlighted significant ecosystem growth, including the successful deployment of VeChainThor's mainnet on July 1 following extensive security audits and four major protocol enhancements 67. Partnerships with institutions like BitGo and Keyrock strengthened infrastructure, while a cross-chain bridge via Wanchain connected VeChain to over 40 blockchains, boosting liquidity and interoperability 67. The Foundation's treasury decreased by 23.5% to approximately $167.2 million, reflecting continued investment in protocol upgrades and ecosystem expansion 67.
Hayabusa Devnet Launch
On September 3, 2025, VeChain announced the launch of the Hayabusa Devnet, a significant step in its Renaissance roadmap 8. The upgrade introduces a transition from Proof of Authority (PoA) to Delegated Proof of Stake (DPoS) — a consensus model where VET holders stake tokens with validators to help secure the network — alongside dynamic VTHO token issuance to better align incentives and reduce inflation 8. This enables testing of validator/delegator mechanics and tokenomics improvements ahead of a planned public testnet and mainnet launch by the end of December 2025 8.
Biggest Stories of 2025
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Michaël van de Poppe joined VeChain's Validator Program following the Hayabusa upgrade and StarGate launch, bringing "investor-grade insights" to the network and helping translate staking and validator economics into narratives for traditional investors. (December 16, 2025) 9
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VeChain published "Compliance by Design: How Hayabusa Meets Standards for Mass Blockchain Adoption," positioning the Hayabusa upgrade as institutional-grade infrastructure with VTHO generation tied to staked VET and network usage, fully documented within updated MiCA whitepapers accepted in Europe. (December 17, 2025) 1011
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VeChain announced the Hayabusa upgrade's transition from PoA to DPoS consensus, enabling VET holders to stake and delegate to validators, with rewards paid in VTHO tied directly to staked VET. The upgrade allows anyone with a minimum of 25 million VET to become a Validator. (November 17, 2025) 12
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VTHO tokenomics shifted from static to dynamic issuance under Hayabusa, replacing the previous fixed rate of approximately 13.7 billion VTHO annually with a model linked to total VET staked, potentially ranging from 3.86 billion to 19 billion VTHO annually. The PoA-to-DPoS transition was completed on November 11, 2025, with mainnet activation scheduled for December 2–9, 2025. (November 14, 2025) 1314
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VeChain published "VeChain's Renaissance: Why Hayabusa Matters," outlining the December 2025 upgrade's shift to DPoS, refined tokenomics tying VTHO generation to staked VET, and alignment with global regulations like MiCA. (November 5, 2025) 15
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VeChain launched the Hayabusa Devnet, introducing the new DPoS consensus mechanism and dynamic VTHO issuance for testing ahead of the public testnet and mainnet. (September 3, 2025) 8
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VeChain launched a cross-chain bridge with Wanchain, enabling the transfer of VeChain native tokens across EVM and non-EVM networks using Secure Multiparty Computation (sMPC) and Shamir's Secret Sharing for decentralized, non-custodial transfers. (July 10, 2025) 16
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The StarGate Staking platform went live, introducing a 5.48 billion VTHO incentive pool (increased from 3 billion) distributed over six months during the Bootstrapping phase, with new economic node tiers including Dawn, Lightning, and Flash Nodes. (July 1, 2025) 17
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VeChain announced increased validator staking caps from 25 million VET to 600 million VET as part of the StarGate upgrade, and delegators gained the ability to choose which validator to delegate their VET collateral to. (June 27, 2025) 18
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VeChain announced StarGate staking would go live on July 1, 2025, and outlined Staked X-Node tiers including VeThor X, Strength X, Thunder X, and Mjolnir X, while noting X-Nodes would no longer be upgradeable from June 24, 2025. (June 16, 2025) 19
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VeChain announced StarGate's scheduled July 1, 2025 launch. (May 12, 2025) 20
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VeChain introduced the StarGate Staking NFT system, where users' VET collateral mints Staking NFTs, alongside a weighted governance model with "effective staking" weights and a 3 billion VTHO Early Bird Delegator NFT Program. (March 6, 2025) 21
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VeChain submitted its MiCAR whitepapers to the European Securities and Markets Authority (ESMA), receiving confirmation that VET and VTHO tokens became compliant with European regulations under the unified MiCAR framework, allowing operations to continue and expand across EU member states. (March 18, 2025) 22
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VeThor (VTHO) surged 230% following its listing announcement on Upbit, a major South Korean cryptocurrency exchange, increasing the token's visibility and accessibility to a broader audience. (January 21, 2025) 23
About & Links
About & Links
VeThor Token (VTHO) is the secondary token within VeChain's two token system. VeChain is a smart contract platform that supports the development and execution of smart contracts. Users stake the network's native token, VET, to secure the platform, and holding VET allows users to access the network for free. VTHO is used to pay the gas fees of transactions on the network.
Sector Rank
#111
Sub-Sector Rank
#9
API ID