VETVeChain: history, founders and key events
From Jun 30, 2018 to today, every major rally, crash and upgrade, each with a dated, sourced price.
Open the interactive timelineLatest close in our data: $0.007243 (Coinbase Exchange VET/USD daily close, 2026-10-14).
Origin story
VeChain was founded by Sunny Lu, a former Louis Vuitton China CIO, to track products and supply chains on a blockchain. Its token started on Ethereum as VEN.
The VeChainThor mainnet launched on June 30, 2018 and VEN was swapped for VET at 1 to 100. VeChain uses a two token model with VTHO for gas.
Founders: Sunny Lu.
Source: Binance VET/USDT daily closes 2018-07-25 to 2023-09-12; Coinbase Exchange VET/USD daily closes 2023-09-13 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.
Browse by year
Key events
- Jun 30, 2018launch
VeChainThor mainnet
VeChain launches its own chain. - Jul 25, 2018milestone
First daily close in our data $0.02115 (Binance VET/USDT daily close, 2018-07-25)
Our sourced VET price history begins on this day. - Apr 18, 2021rally
Highest close in our data $0.2533 (Binance VET/USDT daily close, 2021-04-18)
The highest daily close for VET in our price history. - Jun 30, 2026crash
Lowest close after the peak $0.00437 (Coinbase Exchange VET/USD daily close, 2026-06-30)
The lowest VET close in our data after its highest close.
Updated
Sources
Facts written in our own words. Last checked Oct 14, 2026.