VeChain's VET Token Surges 12% Amid Rising Futures Open Interest

The VeChain (VET) token jumped 12 percent to $0.00655 on August 27, breaking above a downtrend that had confined it to a $0.0050 to $0.0055 range for much of 2026.

Derivatives volume spiked 196.52 percent to $55.48 million, signaling leveraged traders are positioning for a continued move.

Futures Open Interest Jumps 28% Alongside Price

Open interest in VET futures rose 28.53 percent to $37.60 million, according to Coinpedia data.

The token had traded as low as $0.0044 in mid-August before buyers stepped in at what proved to be the accumulation floor.