VeThor
VTHO
$0.00114289
Current Price
+54.65%
24h Change
Info
VTHO
Symbol
$117.06M
Fully Diluted Valuation
$117.00M
Market Cap
251
Market Rank
102.97B
Total Supply
$228.47M
Total Volume
$0.001052
24h High
$0.000649
24h Low
About VeThor
VeThor Token (VTHO) functions as the gas token within the VeChainThor blockchain, a Layer-1 platform tailored for enterprise and consumer applications. This blockchain employs a dual-token model, where VET serves as the network's primary asset and staking collateral, while VTHO is crucial for covering transaction fees, executing smart contracts, and other on-chain activities. This separation enables independent management of network fees, distinct from VET's market fluctuations. The Hayabusa mainnet upgrade, implemented in December 2025, transitioned VTHO generation from passive holding of VET to dynamic issuance through block rewards, incentivizing validators and delegators who actively stake VET to enhance network security. VeThor's utility extends beyond simple transactions, underpinning a comprehensive ecosystem that supports real-world applications and DeFi integration. While VTHO does not have a capped maximum supply, its circulation is regulated through dynamic issuance and the burning process linked to transaction fees. This mechanism ensures that VTHO remains adaptable to network demands while promoting a sustainable economic model. VeChainThor’s robust infrastructure has attracted notable partnerships and adoption, solidifying its position as a key player in leveraging blockchain technology for enterprise solutions.
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FAQ
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