Virtuals Protocol

Founded by Jansen Teng and Weekee Tiew and backed by a $16 million seed round, the team keeps adding launch features such as the 60 Days founder trial and anti-sniper protection, and has expanded beyond Base.

• CoinGecko API: Virtuals Protocol
• 60 Days (Virtuals whitepaper)

The seed round was led by DeFiance Capital and Beam. A DAO-controlled multisig treasury holds 35% of supply, and 60% is in public circulation. No ETF or regulated fund holding VIRTUAL was found.

• $VIRTUAL Token Distribution and Tokenomics (Virtuals whitepaper)
• CoinGecko API: Virtuals Protocol

VIRTUAL has a fixed supply of 1 billion with no future inflation, and all tokens are unlocked and vested. The treasury's releases are capped at 10% a year for three years and need governance approval. veVIRTUAL lockers receive up to 5% of each new agent token's supply as airdrops.

• $VIRTUAL Token Distribution and Tokenomics (Virtuals whitepaper)
• Airdrop Distribution (Virtuals whitepaper)

DefiLlama recorded about $16.30 million of revenue over the past year but only about $596,000 in the last 30 days, and Decrypt reported revenue crashing as demand for AI agent tokens fell.

• DefiLlama API: Virtuals Protocol revenue
• Virtuals Protocol Revenue Crashes as AI Agent Demand Sinks (Decrypt)