Veno USD (VUSD): Uses, Supply and Risks

Veno USD, or VUSD, is a crypto token issued on Cronos zkEVM. Public sources do not describe its issuer, design, or intended use, so its name alone is not enough to establish that it is a US-dollar-backed stablecoin. Listings place VUSD in liquid-staking and Cronos zkEVM categories, but those labels do not explain how the token works or what holders can do with it.

Before treating VUSD as a stable-value asset, check the project’s own documentation for details such as what backs it, whether it can be redeemed, and how its value is maintained. Those points are not confirmed in the public facts summarized here. The token’s quoted price was about $1.03 as of 2026-11-05, but that figure by itself does not establish a peg or guarantee that holders can exchange VUSD for one US dollar.

Public sources do not confirm specific VUSD functions, such as payments, staking, governance, or redemption. While listings associate the token with liquid staking, that category is not enough to conclude that VUSD represents staked assets or earns rewards. Check current project documentation and the token’s official contract information before relying on any claimed use.

As of 2026-11-05, VUSD had an approximate market capitalization of $2.7 million and 24-hour trading volume of about $1,531. These figures can change, and trading volume was low relative to the reported market value. Low volume can make it harder to trade at a desired price, particularly for larger transactions. A quoted market price is not the same as a guaranteed redemption price.

The reported circulating and total supply were both about 2.59 million VUSD as of 2026-11-05. No maximum supply was listed. These are snapshots, not permanent limits: token supply can change through minting, burning, or other contract actions, depending on how the project is designed. Public sources do not explain whether any of those mechanisms apply to VUSD.

At the same time, VUSD was quoted at about $1.03, with an approximate market capitalization and fully diluted valuation of $2.7 million. Because a maximum supply was not stated, the fully diluted valuation should not be read as a forecast or as proof that future issuance is impossible. Check current supply information and project documentation if you need to understand issuance or token distribution.

VUSD is reported as issued on Cronos zkEVM. No other issuing chains are listed. Before sending tokens, confirm that your wallet and the receiving service support Cronos zkEVM and that you have selected the correct network. Do not assume that a token with the same name or ticker on another chain is the same asset.

Use the project’s official information to verify the VUSD contract address before adding the token to a wallet or accepting a transfer. Sending assets to the wrong network or contract can lead to loss, and a token’s name or symbol alone does not authenticate it. Public sources do not identify a recommended wallet, so use a wallet that explicitly supports Cronos zkEVM and protect its recovery phrase offline.

VUSD carries several uncertainties. Its backing, redemption terms, issuer, and intended functions are not established. The reported price near $1 should not be treated as proof of a dollar peg: the token’s recorded price range has been wide, with reported extremes of about $0.43 and $4.56 in August 2026. Such swings may reflect limited liquidity or other market conditions, but their cause is not confirmed.

The reported 24-hour volume was about $1,531 as of 2026-11-05, so a trade may have limited market depth or incur substantial price impact. There are also general smart-contract, wallet, network, and operational risks. Check current documentation, contract details, market conditions, and redemption rules before interacting with VUSD. Do not rely on a market listing as a guarantee of value or recoverability.