VeChain

VeChain

Blockchain for Real-World Enterprise

Launch Year
2018
Consensus
Proof of Authority (PoA)
Max Supply
86,712,634,466 VET
Block Time
~10 seconds
VET
VET
VeChain
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap VET Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

VeChain Price Chart

VET / USD
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Data by CryptoCompare

About VeChain

VeChain is an enterprise-focused blockchain platform built to enhance supply chain management and business processes through distributed ledger technology. Founded in 2015 by Sunny Lu, VeChain's VeChainThor blockchain allows companies to track products through their entire lifecycle — from manufacture to delivery. Major partnerships with companies like Walmart China, BMW, H&M, and LVMH have established VeChain as a leading enterprise blockchain. VET is the native token, while VTHO (VeThor Energy) is used to pay for transactions.

History

2015
VeChain founded by Sunny Lu, former Louis Vuitton China CIO
2018
VeChainThor mainnet launches as an independent public blockchain
2019
Partnership with Walmart China for food safety tracking on blockchain
2020
BMW and H&M adopt VeChain for supply chain transparency
2021
VeChain becomes the official blockchain partner of UFC
2023
VeChain launches Sync2 wallet and expands DeFi ecosystem

How to Swap VET

Swap VeChain VET on SyntheticSwap without any account or KYC. Select VET in the swap interface, choose your destination asset, enter your wallet address, and confirm. Your VET will be exchanged at the live market rate and the destination asset delivered to your wallet.

How to Store VET

VeChain VET can be stored in the official Sync2 wallet for desktop users. VeChainThor Mobile Wallet is the official option for iOS and Android. Ledger hardware wallets support VET for cold storage. VeChain's dual-token system means your wallet must also manage VTHO for transaction fees — most VET wallets generate VTHO automatically proportional to your VET balance.

Frequently Asked Questions