Last updated:--
View ChartVeThor Token (VTHO) is the operational fuel powering transactions and smart contracts on the VeChainThor blockchain, a leading enterprise-focused public blockchain.
VTHO is the gas token for the VeChainThor blockchain, required to pay for all transaction and smart contract execution fees. Since the Hayabusa mainnet upgrade in December 2025, VTHO is no longer generated passively by holding VET; new VTHO is issued through block rewards to validators and delegators who actively stake VET. Its dual-token model (VET+VTHO) separates governance from utility, aiming for predictable operational costs for businesses. VTHO's supply is elastic, with generation and consumption mechanisms designed to maintain a stable economic cost for network usage. It is integral to VeChain's real-world applications in supply chain, logistics, sustainability, and data authentication.
VeThor Token (VTHO) is the energy or "gas" token that fuels all activity on the VeChainThor blockchain, analogous to how ETH powers the Ethereum network.
| Item | Details |
|---|---|
| Name (Ticker) | VeThor Token (VTHO) |
| Alternative Names | VeThor, VTHO |
| Consensus Mechanism | Proof of Authority (PoA) |
| Smart Contracts | Native support on the VeChainThor blockchain. |
| Category | Utility Token, Gas Token |
| Hash Algorithm | Keccak-256 |
| Block Reward | VTHO is not mined. Post-Hayabusa, VET must be actively staked through validation or delegation to earn VTHO block rewards; unstaked VET does not generate VTHO. |
| Max Supply | No hard cap. Issuance parameters are set by protocol and can be changed via on-chain governance proposals. |
| Total Supply | 103.62B VTHO (per CoinMarketCap) |
| Circulating Supply | 103.62B VTHO (per CoinMarketCap) |
| Contract Address | 0x0000...726779 (per CoinMarketCap) |
| Block Explorer | https://vechainstats.com/token/vtho/ |
| CertiK Rating | 3.8 (out of 5, per CertiK) |
| TPS | According to VeChain documentation, the network is designed to process over 10,000 transactions per second. |
| Scaling Solution | Native two-token economic model, multi-party payment protocols, and fee delegation features. |
| Blockchain | VeChainThor |
VeThor Token was created by the VeChain Foundation as a core component of the VeChainThor blockchain's dual-token economic model. The VeChain project itself was founded in 2015 by Sunny Lu, described in project materials as former Chief Information Officer (CIO) of Louis Vuitton China. The project's vision was to leverage blockchain technology to solve real-world business problems, particularly in supply chain management and anti-counterfeiting. The VeChainThor mainnet, which introduced both VET and VTHO tokens, launched in June 2018. The VeThor Token (VTHO) start date is recorded as 2018-07-30. The design of VTHO was specifically intended to decouple the cost of using the blockchain (gas fees) from the market value of the governance asset (VET), providing enterprises with more predictable and stable operational expenses for their blockchain applications.
VTHO operates within a carefully designed two-token system alongside VET. Since the Hayabusa mainnet upgrade in December 2025, VTHO is no longer generated passively by holding VET. New VTHO is issued through block rewards to validators and delegators who actively stake VET and contribute to network security. Unstaked VET does not generate VTHO; to become eligible for VTHO block rewards, VET must be actively participating in VeChainThor's Delegated Proof-of-Stake system through validation or delegation.
Every transaction, smart contract deployment, or interaction on the VeChainThor blockchain requires paying a fee in VTHO. The fee market divides a transaction fee into two components. The base fee is the protocol-determined minimum fee required for a transaction, and it is burned and permanently removed from the VTHO supply. The priority fee is an optional additional fee paid to the validator that produces the block. The base fee adjusts according to network usage, while users can include a priority fee to make their transactions more attractive to validators.
VTHO issuance parameters are set by protocol and can be changed via on-chain governance proposals, while the transaction base fee adjusts dynamically with network usage.
VTHO's primary value proposition lies in its role within VeChain's enterprise-grade ecosystem. By separating the gas token (VTHO) from the governance token (VET), businesses can forecast their blockchain operational costs more reliably, as these costs are not directly tied to the potentially volatile price of VET. This stability is a critical feature for large corporations integrating blockchain into their operations. VeChain has cited partnerships with organizations such as Walmart China, BMW, and DNV GL for supply chain provenance and data verification. VTHO is not mined. Post-Hayabusa, VET must be actively staked through validation or delegation to earn VTHO block rewards, and unstaked VET does not generate VTHO. VTHO is not just a generic gas token; its consumption is directly linked to the real-world utility of the VeChainThor blockchain, whose activity is driven by tangible business applications.
VTHO has one core utility: to pay for network usage on VeChainThor. Sending VET or VIP-180 (VeChain's token standard) tokens requires burning VTHO. Deploying and interacting with smart contracts consumes VTHO based on computational complexity. Writing data to the blockchain's storage layer incurs a VTHO cost proportional to the amount and duration of storage. A unique feature allows dApp developers or enterprises to pay transaction fees on behalf of their users, abstracting away the complexity of VTHO for end-users and improving user experience.
The VTHO ecosystem's health is intrinsically tied to the adoption and development of the VeChainThor blockchain. VeChain continues to secure major partnerships across industries like logistics (DHL), sustainability (BCorp), food safety, and automotive, each generating demand for VTHO. Development of wallets (like VeWorld), explorers, and enterprise SaaS platforms makes it easier for businesses to generate, manage, and spend VTHO. The VeChain community and Steering Committee actively participate in governance proposals, some of which can adjust VTHO generation parameters to ensure the long-term economic stability of the network. An expanding suite of developer tools and grants aims to increase the number of dApps built on VeChain, which would correspondingly increase the consumption of VTHO.
Hayabusa mainnet upgrade (December 2025): reshaped VeChainThor's gas mechanism and tokenomics; VTHO is no longer generated passively by holding VET. VIP-255 "Interstellar" EVM upgrade: activates September 16, 2026.
VTHO is not mined through computational work. Since the Hayabusa mainnet upgrade in December 2025, VTHO is no longer generated passively by holding VET. New VTHO is issued through block rewards to validators and delegators who actively stake VET and contribute to network security. Unstaked VET does not generate VTHO; to become eligible for VTHO block rewards, VET must be actively participating in VeChainThor's Delegated Proof-of-Stake system through validation or delegation. The generation rate is subject to change via on-chain governance proposals to ensure the economic model remains sustainable.
Securing VTHO involves securing access to your VeChainThor wallet, as VTHO and VET reside at the same address. Store your VET and VTHO in the official, non-custodial VeWorld wallet. This gives you full control over your private keys or seed phrase. Write down the 12 or 24-word recovery seed phrase on paper and store it in multiple secure, offline locations. Never share it digitally or with anyone. Only interact with the official VeChain and VeWorld websites. Be cautious of fake websites, emails, or social media messages asking for your private keys or seed phrase. For large holdings, use a hardware wallet (like Ledger) that supports VeChain via the VeChain application. This keeps your private keys completely offline.
VTHO can be acquired on centralized and decentralized exchanges that list it. Check that the platform supports VTHO deposits and withdrawals on the native VeChainThor network. Trading, including any leveraged products, carries risk of loss.
VTHO is available on several centralized and decentralized trading venues; available exchanges, trading pairs and services vary by jurisdiction. Confirm that your chosen platform supports withdrawals through the native VeChainThor network before transferring VTHO to a self-custody wallet.
VTHO is a utility token whose price can be highly volatile and may be affected by network usage, governance changes, and regulatory developments. Holding VET to earn VTHO does not guarantee any return, and the value of VTHO can decline. This article is for informational purposes only and does not constitute investment advice.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose VeThor Token products that suit your trading style
Thank you for your interest in BTCC. Currently, spot and futures trading services for VTHO are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of VeThor Token (VTHO) is $0.00052. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated VTHO to USD rate at the top of BTCC’s price page. In terms of market scope, VeThor Token records a 24h trading volume of $2.610906M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $54.032559M. Its current circulating supply stands at 104.44B out of a maximum supply cap of ∞.
The price volatility of VeThor Token (VTHO) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (104.44B) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, VeThor Token (VTHO) hit an all-time high (ATH) of $0.042013 on 2018-08-01 18:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000153 on 2020-03-13 02:30. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading VTHO futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($2.610906M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s VTHOUSDT perpetual contracts support two-way trading. If you anticipate a price decline for VeThor Token, simply log into your BTCC account with USDT margin available, navigate to the VTHOUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for VTHOUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.00052), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for VTHOUSDT with zero financial risk.
Trading VeThor Token (VTHO) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for VTHOUSDT, and review its live price ($0.00052) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.