Current Price: VTHO is currently trading at approximately $0.001807.
24-Hour Performance: It is down 4.50% in the last 24 hours.
Purpose: VTHO is used to pay for transactions and smart contract execution on the VeChainThor blockchain.
Dual-Token Model: VTHO is generated by holding VeChain (VET) tokens, which are the primary utility and governance token of the VeChainThor protocol.
Economic Model: The VeChain ecosystem utilizes a dual-token system (VET and VTHO) designed to provide stability for enterprise use and promote participation through staking and governance.
Burn Mechanism: With the introduction of the gas fee market under the Galactica Upgrade on July 1, 2025, 100% of the VTHO used in a transaction is burned.#VTHO @XRP $VTHO