Dhaedalida vs Themida
vs VMProtect

[D] Dhaedalida feature scope

All paid editions include Rabbit, Bear, T-Rex and Wolf, entry-point virtualization, adjustable VM obfuscation, string encryption, VM section naming, optional anti-emulation, debug stripping, C++ type-name protection, a GUI, a CLI, saved projects, disassembly, watermarks, custom dialogs and splash images. T-Rex needs AVX2 and compatible OS support; Wolf uses SSE2. Pro and Ultimate add packing and its defense suite. Virtual Files require a packed EXE and support read-only data and compatible native DLLs of matching bitness; managed DLLs and DLLs with static TLS or TLS callbacks are unsupported. Ultimate trials and customer licenses work without packing. Dhaedalida documentation.

[A] Code Virtualizer architecture pricing

The Basic table uses the x86/x64 product: €199 developer / €399 company, with €59 / €119 annual renewals. Oreans sells ARM64 separately at €900 / €2,400, with €199 / €499 renewals. Both products list Windows, macOS, Linux and driver targets for their respective architectures. ARM64 pricing.

[O] Oreans protection scope

Code Virtualizer focuses on selected code regions. Themida and WinLicense add whole-application protection, including packing, API wrapping, integrity checks, monitor detection and runtime defenses. Their .NET support is limited: the FAQ describes EXE protection without native VM or mutation macros, and excludes .NET DLLs. WinLicense adds trials and licensing. Oreans also documents VM selection and instance counts, custom splash screens, section naming and VM anti-dump defenses. Themida FAQ and manual; protection and section-naming release notes.

[X] XBundler

Oreans documents DLL and data-file bundling through XBundler for Themida and WinLicense, including in-memory access or extraction policies. The feature is documented, but the linked purchase pages do not separately resolve add-on entitlement or price; confirm your package with Oreans. No extra XBundler cost is assumed in the displayed base prices. XBundler documentation.

[V] VMProtect platforms and editions

The current overview advertises native x86/x64/ARM64 and .NET protection, with Windows, Linux, macOS and native Android targets. This does not establish every architecture/OS combination or every option on every target. Lite already includes mutation, virtualization, Ultra mode, packing, resource/import/memory protection, debugger detection and virtual-tools detection. Professional adds the advanced interface, console, Lua scripts and watermarks. Ultimate adds licensing, activation and Windows-only Virtual Files. VMProtect overview and manual.

[L] Trial and activation models differ

Dhaedalida Ultimate provides offline trials limited by days, launches or a date, plus signed licenses, expiration, hardware locks and blacklisting in new builds. WinLicense also documents timed trials, trial extensions, custom counters, country locks, floating licenses and a customer database. VMProtect Ultimate documents license-key expiration, runtime limits, hardware binding, update cutoffs and code tied to a serial number; these do not establish the same first-launch trial counters. Its activation uses your own server; Web License Manager is a separate purchase. Dhaedalida licensing, WinLicense features, VMProtect licensing manual.

Official pricing and feature references

• Dhaedalida prices and renewals · Features · Edition and SDK documentation
• Code Virtualizer x86/x64 prices · Features
• Themida prices · Features · Protection options
• WinLicense prices · Features and licensing
• Oreans edition comparison · Code Virtualizer VM settings · Themida VM settings · Themida splash options · WinLicense splash options
• VMProtect prices, renewals and license types · Overview · Edition matrix and manual

Code Virtualizer, Themida and WinLicense are products of Oreans Technologies. VMProtect is a product of VMProtect Software. Product names belong to their respective owners; no affiliation or endorsement is implied.