What VeChain is

VeChain (VET) is a blockchain platform designed to enhance supply chain and business processes by providing secure data sharing and tracking through its decentralized applications. It falls under the categories of Platform, Smart Contracts, Proof Of Authority, and Supply & Logistics.

Supply and market standing

VeChain ranks 105th by market cap. Its circulating supply is 85.99 billion VET, which equals its total supply, representing 100.0% of the total supply. The maximum supply is 86.71 billion VET. The market capitalization is $583.2 million, and the fully diluted valuation is $584.1 million.

Price in the record

The current price is $0.0068. Over the last 24 hours, it has increased by 4.5%, with a high of $0.0069 and a low of $0.0064. Over the past week, it rose by 2.5%, and over the past month, it gained 46.6%. However, over the past year, it has declined by 70.5%. The all-time high was $0.28 on 18 April 2021, and it is currently 97.6% below that peak. The all-time low was $0.0019 on 12 March 2020.

Where VET trades

VET is traded on 19 centralized exchanges tracked by this site. The top venue by 24-hour volume is Binance, with the VETUSDT pair at $0.0068 and a volume of $1.209 million. Other notable venues include HTX with the vetusdt pair at $0.0068 and volume of $1.062 million, and DigiFinex with the vet_usdt pair at $0.0068 and volume of $548,000. The spread between the highest and lowest exchange price is 0.79%.

Derivatives

On Binance, the perpetual contract VETUSDT has a mark price of $0.0068, with a 24-hour change of +4.5% and a 24-hour volume of $6.228 million. The funding rate is 0.0100% per funding interval.

VET in Indian rupees

At an exchange rate of 1 USD = ₹94.49, the price of VET is ₹0.64. The market capitalization in Indian rupees is ₹5,511 crore, and the 24-hour trading volume is ₹11.42 crore.

Ranked nearby

VeChain is ranked 105th by market cap. Directly above it are Dash (DASH, rank 103) and Mantle Staked Ether (METH, rank 104). Directly below it are Ether.fi (ETHFI, rank 106) and Curve DAO (CRV, rank 107).

Frequently asked

What is VeChain? VeChain is a blockchain platform for supply chain and business processes, enabling secure data sharing and tracking through decentralized applications.

What is the current price of VET? The current price is $0.0068, which equals ₹0.64.

How much has VET changed in the last 24 hours? It has increased by 4.5% in the last 24 hours.

What is the market cap of VeChain? The market cap is $583.2 million, which is ₹5,511 crore.