Verus (VRSC)
Verus is a community-led blockchain project built around privacy, decentralised consensus, and multi-chain infrastructure. Its native asset, VRSC, powers the Verus network and is used within an ecosystem that aims to combine secure payments, self-sovereign identity, decentralised finance, and the ability to create interoperable blockchains. The project launched without an ICO or premine, positioning itself as a fair-launch network rather than a venture-backed token sale.
A defining feature of Verus is its hybrid consensus system, called Proof of Power. The model combines proof-of-work and proof-of-stake in equal measure, with the goal of improving resistance to double-spend attacks and addressing weaknesses associated with pure proof-of-stake designs. Verus also uses VerusHash, a hashing algorithm intended to make mining practical on widely available hardware such as CPUs and GPUs, supporting a broader base of network participants.
Privacy is another important part of the Verus design. The network integrates zero-knowledge technology derived from the Sapling protocol, allowing users and developers to access privacy-preserving transaction capabilities where supported. Beyond private transfers, Verus focuses on identities, currencies, and cross-chain functions that can be used to build applications without relying on a single central operator.
The project’s long-term vision includes automatically provisioned public blockchains, sometimes described as blockchain-as-a-service. These chains can be configured for specific communities, applications, voting systems, or digital economies while remaining connected to the wider Verus ecosystem. By combining fair launch principles, hybrid consensus, privacy features, and an emphasis on user-created chains, Verus differentiates itself from many single-purpose cryptocurrency networks.
Last updated
- Market Cap
- $33.4M
- Fully Diluted Valuation
- $33.4M
- 24 Hour Trading Vol
- $189.68
- Circulating Supply
- 80.4M
- Total Supply
- 80.4M
- Max Supply
- 83.5M
Pegnet: In May 2026, the cryptocurrency industry experienced 40 major hacking attacks, with a total loss of $81.7 million, representing an 87.4% decrease from the previous period.
CertiK: Crypto platform attack losses fell to $68.3 million in May, a 90% decrease month-over-month.
Verus Bridge Exploiter Returns $8.5M, Keeps $2.8M as Bounty Reward
Stolen 4,052 ETH returned after $11.3M Verus bridge hack
Verus recovers 4,052 ETH after $11.5 million bridge hack
Verus Bridge Hack Resolved: 4,052 ETH Recovered Through $2.8M Bounty Deal
Verus bridge exploiter returns $8.5M after bounty offer
Verus bridge attacker sends back $8.5M, keeps bounty
THE BLOCK: Verus bridge exploiter returns 4,052 ETH, retains $2.8 million bounty: onchain analyst
The Verus cross-chain bridge attacker returned 75% of the stolen funds and retained 25% as a bug bounty.
Echo Protocol Joins THORChain, Verus as May Hack Count Reaches 14
CROWDFUNDINSIDER: DeFi Protocol Verus Hit by Major Security Breach on Ethereum Bridge
FINANCE FEEDS: Verus-Ethereum Bridge Exploit Drains $11.58 Million
Verus Network has temporarily paused operations, with officials confirming an attack on the Verus-Ethereum cross-chain bridge.
$11.58M Drained in Ongoing Exploit on Verus-Ethereum Bridge
Verus: The network is currently offline. A bug bounty is offered to providers who receive a full refund.
CROWDFUNDINSIDER: DeFi Protocol Verus Hit by Major Security Breach on Ethereum Bridgehttps
Verus-Ethereum bridge hack drains $11.58M – Why DeFi trust is eroding
- Market Cap
- $33,421,749
- Fully Diluted Valuation
- $33,421,749
- 24 Hour Trading Vol
- $190
- 24h High
- $0.448271
- 24h Low
- $0.390609
- 24h Change
- -9.49%
- 7d Change
- -31.28%
- 30d Change
- -50.20%
- 1y Change
- -85.03%
- Market Cap Rank
- #583
- Market Cap Rank (rehypothecated)
- #748
- Circulating Supply
- 80,398,372
- Total Supply
- 80,398,372
- Max Supply
- 83,540,184
- All-time high
- $6.74 (-93.81%) · 5 Dec 2024, 10:36 pm
- All-time low
- $0.00177843 (+23348.21%) · 29 Nov 2020, 5:57 pm
- Website verus.io
- Block explorer explorer.verus.io
- X / Twitter twitter.com/veruscoin
- Reddit www.reddit.com/r/VerusCoin/