VeThor Token

Every operation performed on VeChainThor requires computational resources. VTHO is used to pay for these resources, including:

The amount of VTHO required for a transaction depends on the computational resources used and the network’s dynamic fee conditions.

VeChainThor’s fee market divides a transaction fee into two components:

The base fee adjusts according to network usage, while users can include a priority fee to make their transactions more attractive to validators.

VTHO does not have a fixed maximum supply.

Its circulating supply changes through two primary mechanisms:

As a result, VTHO supply depends on active VET staking, protocol issuance parameters, network activity and the amount of VTHO burned through transaction fees.

Unstaked VET does not generate VTHO. To become eligible for VTHO block rewards, VET must be actively participating in VeChainThor’s Delegated Proof-of-Stake system through validation or delegation.

VET and VTHO perform different but complementary roles within VeChainThor.

VTHO is available through various centralized and decentralized trading venues. Available exchanges, trading pairs and services vary by jurisdiction.

Users intending to transfer VTHO to a self-custody wallet should confirm that their selected trading platform supports withdrawals through the native VeChainThor network.

The latest available markets and trading pairs are listed on CoinMarketCap’s VeThor Token markets page.

VeThor Token (VTHO) is the gas token of the VeChainThor public blockchain . It is used to pay for transactions, smart-contract execution and other onchain operations.

VeChainThor uses a dual-token economic model consisting of VET and VTHO.

Separating VET from VTHO allows VeChainThor’s transaction-fee system to be managed independently from the market price of VET. This is intended to provide more predictable operating costs for applications and businesses using the blockchain.

Following the Hayabusa upgrade in December 2025, VTHO is no longer generated simply by holding VET. New VTHO is issued dynamically through block rewards to validators and delegators who actively stake VET and contribute to network security.

The Hayabusa upgrade introduced dynamic VTHO issuance under VIP-254.

Before Hayabusa, VTHO was generated at a fixed rate by holding VET. This passive generation model was discontinued in December 2025.

Under the current model, VTHO is generated through block rewards and distributed exclusively to network participants who actively secure VeChainThor by staking VET.

Participants can earn VTHO as:

When a validator has delegators, protocol block rewards are distributed using a default allocation of:

Validators also receive the transaction priority fees from the blocks they produce.

VTHO generation is dynamic rather than fixed. The issuance rate depends on the amount of VET actively staked and the parameters defined by the VeChainThor protocol. Reward rates may therefore change over time and are not fixed or guaranteed.

VET is the native asset and staking collateral of VeChainThor. Its functions include:

VET has a fixed maximum supply of 86,712,634,466 tokens.

VTHO is the gas and transaction-fee token of VeChainThor. Its functions include:

VTHO does not have a fixed maximum supply. Its supply changes through dynamic issuance and transaction-fee burning.

VTHO is used whenever applications or services submit transactions to VeChainThor.

This includes activity involving:

As activity on VeChainThor increases, more VTHO may be consumed through transaction fees. The base-fee portion of that VTHO is burned.

StarGate is VeChain’s staking platform.

VET holders can stake VET to mint a StarGate staking NFT. Once eligible, that NFT can be delegated to an active validator, allowing the holder to contribute to network security and receive VTHO rewards.

A staking NFT represents the associated VET collateral, delegation status and applicable reward attributes. Only eligible staking positions actively delegated to a validator generate delegator VTHO rewards.

Reward conditions may depend on the selected validator, delegation period, NFT attributes and current network parameters.

VeWorld is VeChain’s official self-custody wallet and ecosystem interface.

VeWorld can be used to:

VeWorld is available through mobile applications and browser extensions.