Overview
Virtuals Protocol(VIRTUAL)
Token Price$0.52
24h Change-4.72%
All Time HighJan 2, 2025$5.07
All Time LowJan 23, 2024$0.0075
Key Metrics
Market Cap$340.48m
Fully Diluted Valuation$518.18m
Circ. Supply657.07m VIRTUAL
Max Supply1b VIRTUAL
Outstanding FDV$518.18m
Volume 24h$61.31m
CEX Volume$30.74m
DEX Volume$25.45m
Token Liquidity$24.04m
Aerodrome V1 · Base$10.07m
Uniswap V2 · Base$4.59m
Aerodrome Slipstream · Base$4.14m
Uniswap V3 · Base$3.54m
Uniswap V3 · Ethereum$1.08m
PancakeSwap AMM V3 · Base$396,037
Income Statement for Virtuals Protocol

| Q2 2026* | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | |
|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $971.04K | $3.03M | $8.89M | $7M | $10.76M | $19.49M | $20.63M |
Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Gross Profit | $971.04K | $3.03M | $8.89M | $7M | $10.76M | $19.49M | $20.63M |
Incentives | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Earnings | $971.04K | $3.03M | $8.89M | $7M | $10.76M | $19.49M | $20.63M |
Token Holder Net Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Risks
How much debt can be issued against VIRTUAL as collateral across lending protocols.
Maximum possible exposure to VIRTUAL
$1
$0.91 (max additional borrows against VIRTUAL) + $0.093 (bad debt if VIRTUAL was hacked now)
Morpho V1
$1 at-risk exposure = $0.093 bad debt if hacked + $0.91 additional borrowable against VIRTUAL
Methodology and limitations
Showing collateral exposure for VIRTUAL on Base. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details
Each row is one protocol-chain exposure for VIRTUAL as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol | Chain | |||
|---|---|---|---|---|
VIRTUAL0x0b3e328455c4059eeb9e3f84b5543f74e24e7e1b | $0.91 | $0.093 |
Markets
Token Rights and Value Accrual
Updated May 09, 2026Overview
- Token(s)
- VIRTUALveVIRTUAL
- Token Type
- GovernanceUtility
- Utility
- Protocol Access, Gas, Staking
VIRTUAL is the base pairing and routing currency for tokenized AI agents in the Virtuals Protocol ecosystem, facilitating liquidity, onchain commerce, and inference payments
Governance Rights
ControlveVIRTUAL holders have governance power and can vote on strategic direction, capital allocation, and protocol upgrades. Voting power is earned through long-term staking (tokens must be locked to recieve veVIRTUAL) and cannot be delegated.
Governance Decisions
Any wallet holding >0.10% of total veVIRTUAL supply can submit a proposal. No centralized approval is needed to submit, comment or vote
Treasury Decisions
Revenue Decisions
Fee Switch
OFFResources
Economic Rights
Value CaptureBuybacks
N/ADividends
N/ANo dividend or revenue distribution is currently active
Burns
N/ANo burn mechanism is currently active
Ownership
- Equity Revenue Capture
- Unknown
- Associated Entities
- DAODevCoFoundation
Token Usage
An is required to view token usage.
Unlocks
An is required to view token unlocks.
Yields
Showing 10 of 29 pools

Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabVIRTUAL-USDC0.3% | $765,338 | 118% | 118% | 193% | |||||
| open in new tabVIRTUAL-DEUS | $688,403 | 21933% | 21933% | 5700% | |||||
| open in new tabVIRTUAL-WETHCL100 - 0.049% | $385,987 | 218% | 78.14% | 140% | 189% | ||||
| open in new tabVIRTUAL-MAMOCL200 - 1% | $350,979 | 64.87% | 3.11% | 61.77% | 200% | ||||
| open in new tabVIRTUAL-WETHCL50 - 0.05% | $197,401 | 763% | 763% | 748% | |||||
| open in new tabVIRTUAL-WETHCL200 - 0.06% | $182,355 | 101% | 9.75% | 91.64% | 90.55% | ||||
| open in new tabVIRTUAL-USDC0.05% | $142,400 | 56.11% | 56.11% | 78.91% | |||||
| open in new tabVIRTUAL-USDC0.30% | $106,776 | 45.54% | 45.54% | 30.32% | |||||
| open in new tabVIRTUAL-WETHUniswap | $75,931 | 42.30% | 54.67% | ||||||
| open in new tabVIRTUAL-USDCUniswap | $60,587 | 119% | 110% |
