What is VeThor (VTHO)?
VeThor (VTHO) is the gas token of the VeChainThor public blockchain. It powers all on-chain activity, including transactions, smart contract execution, and data processing. As a core part of VeChain’s dual-token system, VTHO enables network operations, while VET serves as the value, staking, and governance asset.
VTHO is consumed during every on-chain interaction, functioning as the metered fuel of the VeChainThor blockchain. It is designed to offer predictable, low-cost transaction fees, which is essential for real-world use cases across enterprise and consumer applications. The separation of utility (VTHO) from value (VET) allows the network to manage transaction costs without impacting the price dynamics of the primary asset.
Originally introduced in 2018 with the launch of the VeChainThor mainnet, VTHO was passively generated by holding VET. This model helped maintain fee stability for early enterprise adopters. However, as network usage evolved and regulatory expectations increased, VeChain updated its tokenomics through the Renaissance roadmap. Starting in 2025, VTHO generation shifted to a stake-only model under the Hayabusa mainnet upgrade. Now, only VET that is actively staked and delegated through the StarGate platform earns new VTHO. This design aligns gas creation with actual participation and demand on the network.
The protocol uses a dynamic issuance model that adjusts VTHO generation based on network activity and fee requirements. Each transaction pays a base fee that is burned, along with an optional premium fee. This fee model creates a transparent cost structure while permanently removing part of the VTHO supply, contributing to a controlled and demand-driven economic model.
VTHO’s design enables enterprise-grade functionality with features such as deterministic finality, modular transaction support, and native fee delegation. These were enhanced through the Galactica upgrade, which added Shanghai-level EVM compatibility and improved gas efficiency. These updates provide developers and businesses with a flexible, scalable framework for building applications that require consistent, transparent cost structures.
As the operational token, VTHO is essential for all interactions on the VeChainThor network. It is used to settle actions across a range of applications, including supply chain logistics, carbon tracking, product authentication, and digital certification. In the VeBetter ecosystem, VTHO facilitates on-chain recording of user behaviors tied to sustainability goals, such as emissions reductions, recycling activities, and fitness tracking.
By linking VTHO creation to active staking, the protocol ensures that network resources are distributed in proportion to actual usage and contribution, rather than passive token holding. This approach strengthens the relationship between gas availability, validator performance, and application-level activity.
VTHO operates without a defined maximum supply. Its circulating supply currently stands at 96.56 billion, and its emission is dynamically managed in response to real-time network demand and staking participation. This structure supports resource allocation across both business and consumer-facing applications, offering a practical model for usage-driven token economics.
In summary, VTHO is the core utility token that enables the VeChainThor blockchain to function effectively. It serves a precise role in executing and metering on-chain operations, supporting real-world deployment at scale while maintaining a fee model that aligns with enterprise and regulatory needs.
VeThor (VTHO) is listed on Binance for trade and purchase. The current price of VeThor (VTHO) is updated and available in real-time on Binance.