VeThor Token
ATH / ATL
24h Price
24h summary
Over the last 24 hours, VeThor Token moved from $0.000348 to $0.000341. The session high was $0.000352, the low was $0.000334, and the intraday range was $0.000018 / 5.2%.
- 24h open
- $0.000348
- 24h close
- $0.000341
- 24h high
- $0.000352
- 24h low
- $0.000334
- Volatility / range
- $0.000018 / 5.2%
- Updated
Monthly Returns heatmap
Heatmap summary
VeThor Token posted 25 positive months out of 73. The longest positive streak lasted 4 months, while the longest negative streak lasted 11 months.
- Strongest month
- Mar 2021 +285.2%
- Weakest month
- May 2021 -47.9%
- Longest positive streak
- 4 Jan 2021 — Apr 2021
- Longest negative streak
- 11 May 2025 — Mar 2026
- Luckiest calendar month
- Feb • avg 51.3% • 6 mo.
- Unluckiest calendar month
- Jun • avg -19% • 6 mo.
Networks
Supported exchanges
About the coin
VeThor Token (VTHO) is a utility token powering the VeChainThor blockchain ecosystem. It serves as the fuel for transactions and smart contract operations on the network.
VeChainThor is a public blockchain platform designed for enterprise adoption, aiming to connect blockchain technology with the real economy. VTHO plays a crucial role in this vision by facilitating the execution of various decentralized applications and services built on the VeChainThor network.
The token's design is intrinsically linked to the VeChainThor economic model. VTHO is generated through a process that involves the staking of VeChain's native cryptocurrency, VET. This mechanism aims to ensure a stable and predictable supply of VTHO, which is necessary for businesses to reliably operate their blockchain-based solutions.
Unlike many other cryptocurrencies, VTHO is not primarily intended for speculation. Instead, its value is derived from its utility within the VeChainThor ecosystem. Enterprises and developers utilize VTHO to pay for the resources consumed when interacting with the blockchain, such as deploying smart contracts, executing transactions, and storing data.
The VeChainThor blockchain utilizes a dual-token model, comprising VET and VTHO. VET is the primary staking token, used for securing the network and participating in its governance. VTHO, on the other hand, is the gas token, consumed during network operations. This separation of functions allows for better economic stability and predictable operational costs for users of the network.
The generation of VTHO is tied to the amount of VET held by users. A certain amount of VTHO is produced for every VET staked or held, creating a continuous, albeit controlled, supply. This model incentivizes long-term holding of VET, as it leads to the generation of VTHO, which is then needed for network activity.
The VeChainThor blockchain's architecture is built to support a wide range of enterprise use cases, including supply chain management, product traceability, and sustainability tracking. VTHO is the essential currency for all these applications to function on the network.
Developers building decentralized applications (dApps) on VeChainThor need VTHO to deploy their smart contracts and process transactions. This demand from application developers is a key driver of VTHO's utility.
The contract address for VeThor Token on the VeChain chain is 0x0000000000000000000000000000456e65726779. This address is where the VTHO tokens are managed and transacted within the VeChain ecosystem.
As an active token on the VeChain network, VTHO is integral to the platform's operational framework. Its status as a utility token underscores its purpose: to facilitate the seamless execution of business processes and smart contracts on the VeChainThor blockchain.
The VeChainThor ecosystem is designed with scalability and efficiency in mind, and VTHO is central to maintaining these characteristics. The predictable generation and consumption model helps to avoid extreme price volatility that could hinder enterprise adoption.
In summary, VeThor Token (VTHO) is the economic engine of the VeChainThor blockchain. It is a utility token essential for transaction fees, smart contract execution, and the overall functioning of decentralized applications on the platform, designed to support real-world enterprise solutions.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are sourced from Binance using the VTHOUSDT market feed.
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