Track VeThor (VTHO) — Live Price & Historical Data

What is VeThor?

VeThor Token (VTHO) is the secondary native token of the VeChainThor blockchain, engineered specifically to pay for transaction fees, smart contract executions, and dApp operations on the network. It operates within VeChain's distinctive dual-token economic model, where VET functions as the store-of-value and value-transfer asset while VTHO serves as the 'gas' that fuels on-chain activity. This separation was deliberately designed to shield users and enterprise clients from the volatile gas fees that plague single-token blockchains like Ethereum, giving businesses predictable operational costs when deploying supply chain and tokenization solutions. VeChain was founded in 2015 by Sunny Lu, a former CIO of Louis Vuitton China, alongside co-founder Jay Zhang. Originally launched on Ethereum as VEN, the project migrated to its own VeChainThor mainnet in June 2018, and the dual-token model with VTHO went live at that time. VTHO is generated automatically and continuously by any wallet holding VET at a fixed base rate, rewarding long-term holders with the fuel they need to transact on-chain. The VeChain Foundation, a non-profit based in Singapore, oversees protocol development, ecosystem grants, and governance through a 101-node authority masternode structure that uses a Proof-of-Authority (PoA) consensus mechanism — a design choice that enables high throughput and low energy consumption but trades off some decentralization. The ecosystem has secured notable enterprise partnerships including PricewaterhouseCoopers (PwC), DNV GL, Walmart China (for food traceability), BMW, BYD Auto, and H&M, positioning VeChain as one of the most enterprise-focused public blockchains. In 2021, VeChain partnered with the Republic of San Marino and the Cyprus government on carbon tracking and COVID-era digital certification pilots. The network upgraded to PoA 2.0 'SURFACE' in late 2022, improving finality and security. More recently, VeChain announced the 'Renaissance' roadmap and the VeBetterDAO initiative in 2024, which rewards sustainable real-world actions with B3TR tokens — an ecosystem layer that drives additional VTHO burn through increased on-chain activity. VTHO is not without controversy: critics point to the concentration of authority nodes as a centralization concern, and VTHO's market price has historically lagged VET significantly, reflecting its role as a consumable rather than speculative asset. Still, VTHO is burned with every transaction, creating a deflationary pressure that scales with network usage — a mechanic that becomes increasingly relevant as enterprise adoption expands. The token is listed on major exchanges including Binance, KuCoin, Crypto.com, Gate.io, and Huobi, with deep liquidity primarily in USDT pairs. For developers, VTHO's predictable economics make VeChainThor attractive for building tokenization platforms, carbon credit registries, luxury goods authentication, pharmaceutical cold-chain tracking, and ESG reporting dApps. As of the current market cycle, VTHO circulates as a high-supply, low-unit-price token, making it accessible to retail participants who want exposure to VeChain's enterprise thesis without committing fully to VET. Understanding VTHO's price dynamics requires considering both VET holdings (which generate supply) and on-chain activity (which burns it) — a balance that defines its long-term value proposition.

Key Features of VeThor

• Predictable Gas Economics: VTHO insulates users from the volatile transaction fees that affect Ethereum and other single-token chains, giving enterprises stable operational costs. This predictability is a key reason major brands choose VeChainThor for supply chain and compliance deployments.
• Passive Generation from VET: Every wallet holding VET automatically generates VTHO at a base rate of 0.000432 VTHO per VET per day, with no staking or lock-up required. This incentivizes long-term VET holding and distributes transaction fuel directly to token holders rather than miners.
• Deflationary Burn Mechanism: 70% of VTHO spent on transactions is permanently burned, while 30% rewards the authority masternode validators. As enterprise adoption and dApp usage grow, burn pressure increases, tying VTHO's long-term scarcity directly to real network utility.
• Smart Contract Fuel: VTHO powers all smart contract executions, multi-party payments, and dApp interactions on VeChainThor, including the VeBetterDAO sustainability ecosystem. Developers can even sponsor user transactions via fee delegation, enabling gasless UX for end consumers.
• Enterprise-Grade Throughput: VTHO transactions settle on a Proof-of-Authority network capable of 10,000+ TPS theoretical capacity with block times of ~10 seconds. This performance profile supports high-volume enterprise use cases where Ethereum-level latency would be prohibitive.

VeThor Use Cases

• Supply Chain Transactions: Enterprises like Walmart China and H&M use VTHO to record product provenance, batch data, and authenticity certificates on VeChainThor. Each scan, update, or audit event consumes VTHO, turning the token into the operational fuel of global traceability systems.
• Carbon & ESG Reporting: Projects using VeChain's carbon tracking infrastructure, including partnerships with BYD and Renault, burn VTHO when logging emissions data and issuing verified sustainability certificates. The VeBetterDAO ecosystem also drives substantial VTHO consumption through sustainable-action reward dApps.
• NFT and Tokenization Platforms: VTHO pays for minting, trading, and transferring NFTs and tokenized real-world assets on VeChainThor marketplaces like WoV Marketplace. Its low and stable fees make it particularly suited for high-volume collectible drops and fractionalized asset platforms.
• Fee Delegation for dApps: Developers can use VeChain's Multi-Party Payment Protocol (MPP) to pay VTHO on behalf of users, eliminating the need for end customers to hold crypto. This powers mainstream consumer apps where users never see a wallet or gas prompt.
• Pharmaceutical Cold-Chain Tracking: Partners like DNV and Bayer use VeChainThor to monitor temperature-sensitive drug shipments, with every IoT sensor update writing immutable data to chain and consuming VTHO. This creates auditable records for regulators while keeping operational costs predictable.

VeThor Tokenomics

Total Supply

VTHO has no fixed maximum supply; it is continuously generated by VET holders at a base rate of 0.000432 VTHO per VET per day. Supply is offset by the burn of 70% of all VTHO spent on transactions, making net issuance dependent on network activity.

Circulating

Circulating supply is dynamic and grows with VET holdings while shrinking with on-chain usage. Dynamic — see CoinGecko for live figures.

Utility

VTHO is used exclusively to pay gas for transactions, smart contract calls, and dApp interactions on VeChainThor. It also rewards authority masternode operators and underpins the fee-delegation model that enables gasless UX for enterprise applications.

Emission

Emission is continuous and algorithmic, tied directly to VET holdings rather than block rewards or halving events. There is no vesting cliff or team unlock schedule, as VTHO distribution mirrors VET ownership in real time.

How to Buy VeThor

1. 1

   1. Create a Binance account

   Visit binance.com or open the Binance app and register with your email or phone number. Complete identity verification (KYC) by submitting your government ID and a selfie on the 'Identification' page, which usually clears within minutes to a few hours depending on jurisdiction.

2. 2

   2. Deposit funds

   Navigate to 'Wallet' → 'Fiat and Spot' → 'Deposit' and choose either fiat (via bank transfer, SEPA, or card) or crypto deposit such as USDT on the BEP20 or TRC20 network. Card deposits are fastest but carry higher fees; bank transfers are cheaper for larger amounts.

3. 3

   3. Find the VTHO trading pair

   Tap the search icon on the Binance homepage or go to 'Trade' → 'Spot' and type 'VTHO' to find the VTHO/USDT market. Binance also offers VTHO/BTC for traders who prefer to pair against Bitcoin rather than stablecoins.

4. 4

   4. Place your order

   Choose 'Market' for an instant fill at the current price or 'Limit' to set a specific entry price. Enter the USDT amount you want to spend or the VTHO quantity you want to buy, review the fees, and click 'Buy VTHO' to execute the trade.

5. 5

   5. Withdraw to a VeChain wallet

   For long-term holding and passive VTHO generation, withdraw via 'Wallet' → 'Withdraw' → 'VTHO' and select the VeChain network. Send to a self-custody wallet like VeWorld or Sync2, but note that only VET holdings generate new VTHO — keeping VTHO alone does not produce yield.

Frequently Asked Questions