Market cap
$1.01M
-0.11 %
Volume (24h)
$468.7
-0.11 %
Circulating supply
8,514,578 VSP
Total supply
10,000,000 VSP
Max. supply
10,000,000 VSP
Vesper Finance (VSP)
$ 0.10
-0.11 %
Main info
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Key data
updated $0Market cap$1.01M
Volume 24h$468.7
Circulating supply8.51M85% of max 10M
All-time high$79.51-100% from peak · 2021-03-26
Vesper Finance (VSP) is a DeFi project token that was built around yield-generating pools — the idea was that you deposit crypto into a pool and the protocol automatically finds the best ways to grow your returns. In simple terms, it aimed to be a set-and-forget savings account for crypto, where the smart contracts do the farming for you. The token, VSP, was used for governance and staking rewards within the platform.
Frequently asked questions
What is Vesper Finance and how is it different from other DeFi tokens?
Vesper Finance was a yield aggregation platform: instead of manually moving funds between farming opportunities, users deposited assets into pools and the protocol handled the strategy. VSP, its native token, served for governance and earning a share of fees. The main difference from simple yield tokens is the focus on simplified, automated yield for regular users.
How does Vesper Finance work technically?
Vesper ran on Ethereum as a set of smart contracts — no separate blockchain or new consensus mechanism was involved. Deposits went into pools, each tied to a yield strategy, and the contracts automatically rebalanced or compounded returns. Security depended on audited contracts, as with any DeFi protocol.
How is the VSP token supply structured?
VSP has a hard cap of 10,000,000 coins, meaning no more than that can ever exist. New tokens were originally emitted through liquidity mining and staking rewards, with emissions tapering over time. The fixed cap makes the supply predictable and resistant to endless inflation.
How can you store and use VSP tokens?
Since VSP is an ERC-20 token on Ethereum, any Ethereum-compatible wallet like MetaMask, Ledger, or Trust Wallet works for storage. Within the platform it could be staked to earn a share of protocol fees or used for governance voting. Beyond that, it can be transferred like any standard Ethereum token.