Vesper PriceVSPInactive

What is Vesper (VSP)?

Vesper (VSP) is a decentralised finance platform built on Ethereum that functions as a "metalayer" for DeFi, intelligently routing user deposits to the highest yield opportunities available within the risk tolerance defined for each individual pool. Launched on Feb. 17, 2021, Vesper is designed to make money work harder for users by offering a suite of yield-generating products that are non-custodial and auto-compounding. The platform enables a set-and-forget experience at scale through a unique approach that allows yield aggregating strategies to be upgraded, replaced, connected, and run concurrently, all without adding any burden on the end user.

The VSP token is an ERC20 token with a maximum and total supply of 10,000,000 VSP. It serves as the governance and utility token of the ecosystem, acting as the core economic engine that facilitates the building and expansion of Vesper's capabilities and its community. Vesper is based in the British Virgin Islands and was originally created and managed by Bloq, a blockchain infrastructure company founded in 2015. The project has evolved to offer products including Vesper Lend, a DeFi lending pool for emerging digital assets, and yield aggregating strategies across multiple chains including Ethereum, Avalanche, and Polygon.

Key Specifications & Tokenomics

• Name: Vesper
• Ticker / Symbol: VSP
• Blockchain / Platform: Ethereum (ETH)
• Token Standard: ERC20
• Decimal Places: 18
• Smart Contract Address: 0x1b40183EFB4Dd766f11bDa7A7c3AD8982e998421
• Official Website: https://vesper.finance
• Whitepaper: https://app.gitbook.com/@vesper-1/s/vesper/
• Documentation: https://docs.vesper.finance/vsp-economics/supply-dynamics
• Explorer: etherscan.io
• Launch Date: 2021-02-17
• Total Supply: 10,000,000 VSP
• Max Supply: 10,000,000 VSP
• Circulating Supply: 9.42M VSP
• Category: DeFi, Yield Farming, Yield Aggregator, DEX Mode
• CertiK Rating: 3.8
• Based in: British Virgin Islands

Regarding tokenomics, the total supply of 10,000,000 VSP breaks down with 6.5M VSP (65%) allocated to the community, which includes 2.55M VSP designated for the Incentivized Launch. The private round was conducted at a price of $2.5 with a $25M valuation, raising a total of $2.5M. Vesting schedules include 8.3334% at TGE with 8.33% monthly for private round participants and team and advisors, while airdrops follow a schedule of 17.65% at TGE with 6.86% monthly. Historical token unlocks have occurred from December 2021 through February 2022 across airdrops, private round, and team and advisor allocations.

Who created Vesper?

Vesper was originally created and managed by Bloq, a blockchain infrastructure company founded in 2015. The project's core team includes several notable figures in the blockchain space. Jeff Garzik serves as Chief Designer and Co-founder, and is also referred to as CEO and Co-Founder. He is additionally the CEO of Bloq. Jordan Kruger is listed as CEO and Co-founder. Matthew Roszak is a Co-Founder, and Zane Huffman is also a Co-Founder. The masterminds behind Vesper are identified as Jordan Kruger, Jeffery Garzik, and Matthew Roszak.

The project raised a total of $2.5M across two completed rounds: a private round and a token launch. The strategic round raise of $2.5M was announced on Feb. 5, 2021, with a private price of $2.5 and a private round valuation of $25M. Five backers participated in the funding: CMT Digital, A195 Capital, Kenetic Capital, TRGC, and Digital Strategies. The team maintains an active presence on social media, particularly Twitter, where they engage with the community and provide updates on platform developments.

How does Vesper work?

Vesper operates as a metalayer for DeFi, meaning it sits above various DeFi protocols and intelligently routes user deposits to the highest yield opportunities within the risk tolerance defined for each particular pool. The platform is non-custodial, ensuring that users retain control over their assets while benefiting from auto-compounding returns. This set-and-forget experience is made possible through Vesper's unique approach to yield aggregation, which allows strategies to be upgraded, replaced, connected, and run concurrently without imposing additional burdens on the user.

Under the hood, Vesper leverages the Ethereum blockchain's robust security features and smart contract capabilities. The platform utilises several programming languages including JavaScript, Solidity, TypeScript, and C, with Solidity being particularly important as the primary language for writing smart contracts on Ethereum. These self-executing contracts automatically enforce and execute the terms of the agreement directly written into code. Vesper's infrastructure is robust, with multiple repositories available on GitHub showcasing its commitment to transparency and continuous development. The platform also introduced Vesper Lend on July 21, 2021, which enables Vesper to develop new yield sources for emerging tokens, provides higher yield for existing Vesper users, and offers a new lending pool for emerging digital assets.

What makes Vesper unique and valuable?

Vesper distinguishes itself in the crowded DeFi yield aggregation space through several key features. First, its metalayer architecture intelligently routes deposits to the highest yield opportunities while respecting the risk tolerance defined for each pool, providing a tailored approach to yield optimisation. Second, the platform's non-custodial and auto-compounding nature ensures users maintain control over their assets while benefiting from compound returns without manual intervention. Third, Vesper's unique strategy infrastructure allows yield aggregating strategies to be upgraded, replaced, connected, and run concurrently, providing flexibility and scalability that is uncommon in the DeFi space.

The platform also offers institutions a secure, white glove experience to park capital and gain yield, expanding its appeal beyond retail users. Vesper Finance is described as a DeFi ecosystem and growth engine for crypto assets, providing a suite of yield-generating products focused on accessibility, optimisation, and longevity. The VSP token plays a crucial role in this ecosystem, rewarding users and encouraging participation in the platform's various offerings. With a CertiK rating of 3.8 and a bug bounty programme listed on Immunefi, Vesper demonstrates a commitment to security and transparency that adds to its value proposition for investors seeking yield-generating opportunities in the DeFi space.

What is Vesper used for?

VSP is the governance and utility token of Vesper Finance and serves as the core economic engine that facilitates the building and expansion of Vesper's capabilities and its community. As a governance token, VSP holders can participate in decision-making processes regarding the platform's development and future direction. The token also functions as a utility token within the ecosystem, rewarding users and encouraging participation in the platform's various offerings including yield farming strategies and Vesper Lend.

The Vesper platform itself offers a suite of easy-to-use DeFi products designed to optimise yield-generating strategies, providing users with a seamless way to earn passive income on their cryptocurrency holdings. Products are non-custodial and auto-compounding, meaning users can deposit assets and earn returns without actively managing their positions. Vesper Lend, introduced in July 2021, provides a DeFi lending pool for emerging digital assets, enabling Vesper to develop new yield sources for emerging tokens, offer higher yield for existing Vesper users, and provide a new lending pool for emerging digital assets. The platform also supports Vesper Grow on Avalanche and references Synthetics on its homepage, indicating a multi-chain and multi-product ecosystem for capital deployment.

How Is the Vesper ecosystem developing?

The Vesper ecosystem has been developing across multiple dimensions since its launch in February 2021. The platform expanded its product suite with the introduction of Vesper Lend on July 21, 2021, which was described as a DeFi lending pool for emerging digital assets, with quotes from Jai Bhavnani, co-founder of Rari Capital, and Jordan Kruger, co-founder of Vesper. The ecosystem has also extended to multiple blockchain networks, with Total Value Locked distributed across Ethereum, Avalanche, and Polygon, demonstrating a multi-chain strategy for capital deployment and yield generation.

The platform maintains an active presence on social media, including Twitter, where it engages with its community and provides updates. Vesper also maintains multiple repositories on GitHub, showcasing its commitment to transparency and continuous development. The project has been covered by various market data platforms and news outlets including TokenInsight, Chain Broker, CoinDesk, and Forbes. A bug bounty programme was listed on Immunefi in July 2026, further strengthening the platform's security posture. The VSP token supply, issuance, and rewards documentation was updated in September 2025, indicating ongoing efforts to refine the tokenomics and reward structures that incentivise participation in the ecosystem.

How to mine Vesper?

VSP is not mined through traditional proof-of-work mechanisms. Instead, the token is earned through participation in the Vesper ecosystem's yield farming and liquidity provision activities. Vesper operates on Ethereum as an ERC20 token, and rewards are distributed to users who deposit assets into the platform's yield-generating pools and strategies. The platform's auto-compounding feature means that earned rewards are automatically reinvested, allowing users to compound their returns without manual intervention.

Users can also acquire VSP through various trading venues where it is listed, with VSP-USD and VSP/USD trading pairs available. The token is listed on 30 active markets according to Yahoo Finance. For those looking to earn VSP through platform participation, the incentivised launch allocated 2.55M VSP to community rewards, and airdrops have been distributed according to vesting schedules with 17.65% at TGE and 6.86% monthly. Staking is another way users can engage with the ecosystem, as MetaMask notes that VSP can be staked among other available actions including buying, selling, swapping, and predicting.

How to keep your Vesper Coin safe?

Since Vesper products are non-custodial, users retain control over their assets, which means the responsibility for securing private keys and wallet access rests with the individual. Best practices for keeping VSP safe include using hardware wallets for storing private keys offline, ensuring that private keys are never shared with anyone, and being cautious of phishing attempts that may try to trick users into revealing sensitive information. The VSP token is an ERC20 token on Ethereum, so it can be stored in any wallet that supports the ERC20 standard.

Vesper has taken steps to enhance security, including a bug bounty programme listed on Immunefi and a CertiK rating of 3.8. When interacting with the Vesper platform or any DeFi protocol, users should verify they are on the official website at vesper.finance and use official documentation and whitepaper resources. For those purchasing VSP through regulated onramp providers, private keys are stored locally on the buyer's device. Security features available through some wallets include Blockaid-powered alerts for malicious requests and Smart Transactions for MEV protection. As with any cryptocurrency investment, users should exercise due diligence, understand the risks involved in DeFi protocols, and never invest more than they can afford to lose. The smart contract address for VSP on Ethereum is 0x1b40183EFB4Dd766f11bDa7A7c3AD8982e998421, and users should always verify they are interacting with the correct contract.