Bubble
VeChain VET
VeChain (VET) was trading at $0.004813, ranked #107 by market cap at $413.80M, with 24h volume of $6.27M.
Data snapshot: 2026-08-03 09:00 UTC.
VET is the value-transfer token of VeChainThor, an enterprise-focused Layer-1 built around supply-chain tracking, product authentication and sustainability data — used by partners in industries from food safety to automotive. VeChain splits its economics into two tokens: VET for staking and value transfer, and VTHO (generated by holding VET) to pay for actual transaction gas, keeping network usage costs more predictable for business partners. VeChain targets supply-chain and enterprise record-keeping rather than open finance, and it uses a two-token model to make that workable: VET represents value and generates VTHO, which is what actually pays for transactions. The point is that a business can budget its transaction costs without being exposed to token price swings. Validators are known entities under a governance authority, a deliberate trade of permissionless validation for enterprise accountability. On a market map VET behaves like a mid-cap altcoin, moving with general sentiment, with occasional moves on enterprise announcements specific to it.
Why does VeChain have two tokens?
VET holds value and generates VTHO over time; VTHO pays transaction costs. Separating the two lets businesses budget predictable transaction expenses regardless of VET's price.
Who validates VeChain?
Authority nodes operated by known organisations under the network's governance framework, rather than an open permissionless validator set.
What is VeChain actually used for?
Supply-chain provenance, product authentication and enterprise record-keeping, where an auditable timestamped record matters more than open composability.
Is VTHO tracked separately from VET?
They are distinct assets. This page tracks the coin named at the top; BubbleLayer identifies coins by their own identity rather than by ticker, so related assets are never mixed up.
Market cap decides how big a bubble is drawn, so rank is what places VET on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #95 | Flare (FLR) | $571.97M |
| #98 | XDC Network (XDC) | $552.52M |
| #107 | VeChain (VET) | $413.80M |
| #110 | Injective (INJ) | $492.42M |
| #112 | Celestia (TIA) | $314.19M |