VeThor(VTHO)

Overview

VeThor Token (VTHO) is the gas token of VeChainThor, a public Layer-1 blockchain designed for real-world enterprise and consumer applications. VeChainThor uses a dual-token economic model in which VET serves as the network's native asset and staking collateral, while VTHO pays for transactions, smart-contract execution and other onchain operations. Separating these roles allows network-fee parameters to be managed independently from the market price of VET.

Following the Hayabusa mainnet upgrade in December 2025, VTHO is no longer generated passively 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. VTHO has no fixed maximum supply, and its circulating supply changes through dynamic issuance and the burning of VTHO used as transaction base fees.