VNX EUROPrice(VEUR)
Details VNX EURO (VEUR) Price information (USD)
The current real-time price of VEUR is $1.15. In the past 24 hours, VEUR has traded between $1.14 and $1.16, showing strong market activity. The all-time high of VEUR is $1.23, and the all-time low is $1.003.
From a short-term perspective, the price change of VEUR over the past 1 hour is
VNX EURO (VEUR) Market Information
VNX EURO (VEUR) Today's Price
The live price of VEUR today is $1.15, with a current market cap of $3.178M. The 24-hour trading volume is 199K. The price of VEUR to USD is updated in real time.
VNX EURO (VEUR) Price History (USD)
What is VNX EURO (VEUR)?
When is the right time to buy VEUR? Should I buy or sell VEUR now?
Before deciding whether to buy or sell VEUR, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s VEUR technical analysis can provide you with trading references.
Future price trend of VEUR
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for VEUR.
How much will VEUR be worth tomorrow, next week, or next month in ? What about your VEUR assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! VEUR Price Prediction
How to buy VNX EURO (VEUR)
Convert VEUR to local currency
VEUR Resources
To learn more about VEUR, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
solana | 6sjfpC...fdTfnH  | 272.271K | 38.77% |
solana | ECPCYd...CGUmBT | 186.793K | 26.6% |
solana | JCv6kb...PQaQkD | 72,412.65 | 10.31% |
solana | CUnW8J...344LRK | 50,000 | 7.12% |
solana | 9345kc...8E9Z4X | 34,018.80 | 4.84% |
Other | 86,752.37 | 12.35% |
Hot Events
VNX EURO (VEUR) FAQ
What is VNX Euro (VEUR) and why is it classified as a fiat-referencing token?
VNX Euro (VEUR) is a multichain digital asset pegged 1:1 to the Euro, designed to provide a stable digital representation of the currency for Web3, DeFi, and cross-border payments. It is specifically referred to as a fiat-referencing token (FRT) to align with the legal framework of the Liechtenstein Blockchain Act. This classification distinguishes tokens that track the value of a fiat currency from traditional electronic money, ensuring legal clarity within the European regulatory landscape.
How is VEUR backed and how can users verify its reserves?
Unlike traditional stablecoins that often rely on bank deposits or treasury bills, VEUR is backed by tokenized gold (VNX Gold - VNXAU). This physical gold is stored in high-security, insured vaults located in Liechtenstein. The value of these gold reserves is maintained at a 1:1 ratio relative to the circulating supply of VEUR. Transparency is maintained through the publication of independent audit reports and a dedicated transparency section on the official website where users can verify the physical gold allocation.
Is VNX Euro a regulated asset and is it compliant with MiCA?
Yes, VEUR is a regulated asset. The issuer, VNX Commodities AG, is a registered Trustworthy Technology (TT) Service Provider licensed by the Financial Market Authority (FMA) of Liechtenstein under the national Blockchain Act. Furthermore, the project is designed to be MiCA-ready, ensuring compliance with the European Union's Markets in Crypto-Assets regulation. This positioning makes it a regulated European alternative to many offshore or USD-denominated stablecoins.
How does the issuer maintain the Euro peg if the price of the underlying gold fluctuates?
While VEUR is pegged to the Euro, its collateral consists of gold. To manage this, the issuer actively monitors and adjusts the collateralization ratio. According to project documentation, the reserves are managed to ensure that the Euro-denominated value of the physical gold always covers the total supply of issued VEUR tokens. This mechanism ensures the 1:1 peg is maintained regardless of fluctuations in the market price of gold.
Which blockchains support VEUR and where can it be traded?
VEUR is a multichain token with broad ecosystem support. It is available on major networks including Ethereum, Polygon, Solana, Avalanche, and the Q blockchain, and has expanded to various Layer 2 solutions. Users can trade VEUR on prominent centralized exchanges such as LBank, as well as various decentralized exchanges across the supported blockchain networks.
What are the primary utilities of VEUR and how can it be redeemed?
VEUR is primarily used for hedging, cross-border payments, and participation in the European DeFi ecosystem, such as providing liquidity or engaging in lending and borrowing protocols. For redemption, registered users who have completed KYC/AML procedures on the VNX platform can redeem their tokens for physical Euros or the underlying gold assets. While standard blockchain gas fees apply for network transfers, the platform charges specific service fees for minting and redemption operations.
