# VeChain

> Track VeChain's market cap with daily on-chain data. Compare VeChain with other blockchains (L1). See charts, financial statements and datasets in one place.

Source: [VeChain on Token Terminal](https://tokenterminal.com/explorer/projects/vechain). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: VET
- Sectors: Blockchains (L1)
- Chains: vechain

## About

### What it is

VeChain is an enterprise-focused Layer 1 blockchain founded in 2015 that provides fast, low-cost, and energy-efficient transactions on the VeChainThor network. It supports EVM-compatible smart contracts and has established partnerships with major organizations including Walmart, UFC, and BCG for supply chain, sustainability, and real-world asset applications.

### Who uses it

Enterprises and developers seeking a sustainable, enterprise-grade blockchain for supply chain tracking, carbon management, and tokenized real-world applications.

### How it works

Users deploy smart contracts on the VeChainThor blockchain, which uses Proof of Authority consensus for fast, low-cost transactions. The dual-token model separates governance (VET) from gas (VTHO), while the 2024 Renaissance upgrade added EVM compatibility and dynamic gas fees.

## Metrics

Token Terminal tracks these metrics for VeChain daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/vechain/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/vechain/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/vechain/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/vechain/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/vechain/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/vechain/metrics/token-turnover-circulating)
- [Circulating supply](https://tokenterminal.com/explorer/projects/vechain/metrics/token-supply-circulating)
- [Core developers](https://tokenterminal.com/explorer/projects/vechain/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/vechain/metrics/code-commits)

## Links

- [website](https://www.vechain.org/)
- [twitter](https://twitter.com/vechainofficial)
- [discord](https://discord.com/invite/vechain)
- [github](https://github.com/vechain)