VeChain (VET)

$0.166792 (-25.05%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
17 $10,727,300,000.00 $2,110,080,000.00 64,315,600,000 VET -- -25.05% -10.57% $41.78

Exchange Pair Volume (24h) Price
Binance VET/USDT 476,519,105.00 0.1649100000
Upbit VET/KRW 254,819,638.00 201.0000000000
Bitrue VET/USDT 300,287,581.00 0.1652200000
Oceanex VET/BTC 216,141,361.00 0.0000036790
VCC Exchange VET/USDT 63,363,828.00 0.1658200000
Digifinex VET/USDT 42,345,682.00 0.1659480000
HitBTC VET/BTC 10,272,600.00 0.0000036858
Bitcoin.com Exchange VET/BTC 10,271,867.00 0.0000036805
Binance VET/BTC 59,669,313.00 0.0000036900
Binance US VET/USD 76,614,125.00 0.1659000000
Oceanex VET/ETH 87,156,129.00 0.0000480800
Huobi Global VET/USDT 66,840,108.00 0.1652610000
Crypto.com VET/CRO 260,788.00 1.1178000000
Bithumb VET/KRW 41,190,130.00 199.9000000000
Crypto.com VET/USDT 8,163,288.00 0.1653890000
Binance VET/BUSD 58,372,916.00 0.1652000000
Oceanex VET/USDT 30,920,750.00 0.1663650000
Bitrue VET/BTC 56,305,308.00 0.0000036800
Binance VET/ETH 28,918,084.00 0.0000481600
KuCoin VET/USDT 45,407,160.00 0.1659889000
Binance US VET/USDT 22,918,226.00 0.1662800000
Binance VET/EUR 23,791,244.00 0.1376000000
BKEX VET/USDT 43,279,847.00 0.1662620000
Bitfinex VET/USD 3,495,452.00 0.1648700000
LBank VET/USDT 7,112,727.00 0.1658550000
Crypto.com VET/BTC 11,175,955.00 0.0000036895
Binance VET/BNB 7,805,791.00 0.0003116000
KuCoin VET/BTC 2,609,089.00 0.0000036800
Gate.io VET/USDT 2,009,550.00 0.1663800000
Huobi Global VET/BTC 5,437,692.00 0.0000036877
Oceanex DOGE/VET 23,967,079.00 2.9880000000
Oceanex ADA/VET 37,931,800.00 12.8750000000
Binance US VET/BTC 6,189,818.00 0.0000036800
Bitrue VET/ETH 7,696,522.00 0.0000480300
Oceanex VTHO/VET 12,230,609.00 0.0757000000
Binance VET/GBP 9,146,412.00 0.1175000000
AscendEX (BitMax) VET/USDT 668,209.00 0.1660990000
Bittrex VET/USDT 2,560,154.00 0.1652215600
MXC VET/USDT 891,473.00 0.1651789000
Binance VET/TRY 4,180,196.00 1.3960000000
Nami.Exchange VET/USDT 3,634,239.00 0.1647800000
Bitfinex VET/BTC 650,045.00 0.0000036900
Bittrex VET/BTC 1,305,360.00 0.0000036800
BitMart VET/USDT 4,545,719.00 0.1641910000
Oceanex XRP/VET 4,306,884.00 9.1100000000
Huobi Global VET/ETH 672,272.00 0.0000480100
Bitrue VET/XRP 3,638,068.00 0.1096550000
KuCoin VET/ETH 1,102,626.00 0.0000479700
LATOKEN VET/USDT 5,363,182.00 0.1648500000
Oceanex ETC/VET 5,896,857.00 540.0000000000
Oceanex LTC/VET 4,544,631.00 1,726.0000000000
Oceanex BCH/VET 4,435,465.00 6,685.0000000000
Oceanex BNB/VET 4,373,155.00 3,192.0900000000
Atomars VET/USDT 112,128.00 0.1651210000
Hoo.com VET/USDT 2,850,787.00 0.1663970000
CoinEx VET/USDT 1,223,760.00 0.1671990000
BitMart VET/ETH 3,862,040.00 0.0000477800
HitBTC VET/ETH 6,404.14 0.0000490407
Atomars VET/BTC 24,368.00 0.0000037000
Oceanex LINK/VET 3,613,473.00 234.6900000000
Gate.io VET/ETH 26,237.00 0.0000479900
WazirX VET/INR 1,760,157.00 13.5000000000
Oceanex DCR/VET 3,705,044.00 1,025.0000000000
Oceanex DASH/VET 1,218,571.00 1,874.0000000000
BiONE VET/USDT 311,039.00 0.1652370000
Oceanex MKR/VET 2,131,040.00 27,376.0000000000
Oceanex XLM/VET 2,505,319.00 4.1290000000
Oceanex ZRX/VET 1,967,871.00 9.1260000000
LATOKEN VET/ETH 591,398.00 0.0000480300
Oceanex ATOM/VET 2,105,489.00 140.0000000000
Oceanex OMG/VET 1,350,823.00 53.3100000000
BigONE VET/USDT 273,658.00 0.1649500000
BitMart VET/BTC 4,170,773.00 0.0000036767
Oceanex ZEC/VET 1,261,246.00 1,500.0000000000
Oceanex BAT/VET 1,420,725.00 6.5900000000
Huobi Global VET/HUSD 201,768.00 0.1654930000
KuCoin VET/KCS 367,966.00 0.0155160000
Oceanex XTZ/VET 1,116,777.00 32.3400000000
Oceanex RVN/VET 735,102.00 0.7780000000
CoinDCX VET/INR 91,887.00 13.4500000000
WazirX VET/USDT 546,988.00 0.1656000000
Upbit VET/BTC 178,174.00 0.0000036800
AscendEX (BitMax) VET/BTC 23,029.00 0.0000037680
BigONE VET/BTC 100,871.00 0.0000037200
Oceanex SHA/VET 43,566.00 0.0407000000
Oceanex HOT/VET 2,848,645.00 0.0679000000
DragonEx VET/ETH 368,846.00 0.0000478300
Oceanex OCE/VET 249,747.00 0.0510000000
Oceanex HAI/VET 55,706.00 1.4168000000
Oceanex PLA/VET 19,949.19 0.0010000000
Oceanex JUR/VET 4,067.74 0.2320000000
Hotbit VET/USDT 121,192.00 0.1665200000
Hotbit VET/ETH 3,178.46 0.0000481000
CoinEx VET/BTC 292,062.00 0.0000036997
CoinEx VET/ETH 199,124.00 0.0000482600
CoinEx VET/BCH 8,530.88 0.0001498136
Flybit VET/USDT 10,902,429.00 0.1839600000
Flybit VET/BTC 2,321,865.00 0.0000038100
Huobi Korea VET/USDT 515,388.00 0.1653060000
Huobi Korea VET/KRW 255,423.00 201.0000000000

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Background

VeChain is a multi-purpose enterprise blockchain for improving business operations and product tracking. VeChain blockchain development started in 2015 as a modified fork of Ethereum with a design focus on Internet of Things (IoT) and supply chain management. To date, VeChain has expanded their focus to multi-purpose functionality with customizable support for a range of enterprise uses. VeChain core developers optimize for on-chain governance, low transactions fees, interoperability with non-blockchain technology, and regulatory compliance. VeChain aims to provide all necessary information to all authorized stakeholders for every enterprise business process that interfaces with the VeChain Thor blockchain, including storage, transportation, and supply, from manufacture to delivery.

Technology

VeChain’s blockchain is built on a modified version of the Ethereum codebase. VeChain optimizes their blockchain (called Thor) for enterprise use cases. Thor is the core of the VeChain blockchain, which functions as a basic layer for message exchange, key management, and data storage. Business applications can be built on top of Thor for smart contract creation and data auditing. VeChain plans to develop Thor smart contract development with visualization tools and support for multiple languages. VeChain IDs are a key component of the VeChain blockchain. Physical good tracked with VeChain are assigned digital identities created with a SHA256 hash and tracked with NFC, RFID, and QR codes. VeChain uses a Proof of Authority (PoA) consensus mechanism that relies on masternodes to validate transactions. Authoritative masternodes are selected by the VeChain Foundation and the VeChain community after Know Your Customer (KYC) processes. VeChain’s blockchain circulates two tokens. The first, VEN, are the network’s primary medium of exchange for governance and payments. The second, VeThor (VET), is a token for a lower transaction fee model that is credited to VeChain users daily based on the amount of VET they hold. VeThor is used to executing smart contracts and transactions on the VeChain blockchain. When the mainnet launches, VEN will replace VET tokens. VeChain blockchain users are categorized as users and service providers. VeChain users include: manufacturers, retailers, consumers, and other enterprise clients. Service providers build specific applications on the network like smart contracts and other blockchain-based software applications.



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