Venice’s week closes with two numbers that seem to tell opposite stories. The VVV token is down 17.3% on the week, sitting around 25 dollars. Over the same period the credit burns tied to the platform hit a new high: roughly 2,711 a day. The price falls, usage rises.

Price and usage diverge

It is a divergence worth reading carefully. VeniceStats, the independent tracker that follows the project’s on-chain flows, reports sign-ups up 6% to 18,529, the seventh consecutive weekly rise. Credit burns — the VVV tokens bought back and destroyed thanks to platform revenue — have never been higher. The secondary market, however, is not rewarding it: the token remains exposed to the volatility of the whole crypto sector, and the day’s data shows wide swings between sources, with quotes between 22 and 25 dollars depending on the snapshot and the platform consulted.

A record October

On the buy-and-burn side, October is running at levels never seen before: according to VeniceStats the operations have already passed 551,000 dollars of VVV, after roughly 415,000 the previous month, the eighth consecutive monthly rise. It is a sign that the programmatic mechanism — 2 dollars for every new Pro sign-up, 5 for every 100 dollars of API credits — is turning revenue into scarcity. The question remains whether this flow will manage to structurally outpace emissions, or whether it will keep chasing them.

Emissions and DIEM

On 1 October annual emissions fell to 2 million VVV, roughly 86% less than the 14 million at launch. The second token, DIEM, was trading near 1,607 dollars on 10 October: at that price, recovering the cost takes about 4.4 years of fully used daily credit. The supply target has meanwhile risen from 38,000 to 40,000 DIEM. Here too it is worth remembering that these are secondary-market quotes, not prices set by Venice.

Images, without giving up anonymity

On the product side, on 11 October Venice added Qwen Image 2.1 Turbo and Pro: native 2K generation with transparent backgrounds, editing from up to 10 reference images and legible text. The models run under the “anonymized” privacy tier: prompts are neither stored nor used for training. It is a catalogue addition, but it says where Venice wants to compete: performance on par with the big labs, with privacy as the selling point.

Conclusion

Venice is showing that a token can have rising fundamentals and a falling price: they are two different clocks. The deflationary bet depends on the burns; the company’s solidity depends on revenue. Today revenue is growing faster than burns, and the market has not yet decided how to price the gap.

Verified sources: venicestats.com and @venicestats on the Weekly Report W41, credit burns and sign-ups (12 October 2026); coingecko.com, coinmarketcap.com and bybit.com on the VVV quotes of 12 October 2026; venice.ai/faqs and venice.ai/blog/tokenomics-update-credit-burns-and-diem-supply-expansion on emissions and the DIEM target (1 October 2026); datawallet.com on emissions, supply and the DIEM price (10-11 October 2026); docs.venice.ai/models/image and venice.ai/models/qwen-image-2-1-turbo on Qwen Image 2.1 Turbo and Pro (9-11 October 2026). Discrepancy note: the VVV price on 12 October varies between sources (roughly 22.5-25 dollars) and the weekly drop (−17.3% according to venicestats, −20.7% according to CoinGecko) depends on the measurement window; the market figure in the report should be considered indicative.