$0.006969−3.82% 24hThe VeChain price in context
The VET price in USD in the top bar runs live from the Binance exchange; the chart and market statistics (cap, volume, supply) come from the CoinGecko aggregator. Chart ranges span from the last 24 hours to the full trading history — the period change is measured from the first point of the selected range.
The complete ranking lives on the crypto prices page.
About VeChain
VeChain has focused on one thing since 2015: product traceability. An item gets an NFC chip or QR code, its journey is written to the chain and a customer can verify provenance. The project has real deployments with luxury goods makers, in pharmaceuticals and logistics, which is rather the exception among crypto projects.
The network has two tokens, a design aimed at fee volatility: VET is the value token, holding it generates VTHO, and VTHO is what pays for transactions. A company can therefore budget running costs without being exposed to VET's price.
Consensus is deliberately semi-decentralised — blocks are produced by vetted validators approved by the foundation, a model close to Hedera's. For corporate customers that is an advantage; for the crypto community it is the main objection to the project.