Arbitrum Ecosystem

Base Ecosystem

BNB Chain Ecosystem

Ethena Ecosystem

Ethereum Ecosystem

LayerZero Ecosystem

opBNB Ecosystem

Optimism Ecosystem

Unichain Ecosystem

zkSync Ecosystem

<p>The Venus platform operates as a decentralized marketplace for lenders and borrowers alike. It describes itself as “the money market and synthetic stablecoin platform”. The protocol aims to offer a comprehensive lending and credit system to the Binance Smart Chain, the blockchain it is built upon, as well as facilitate the minting of synthetic stablecoins. Venus also hopes to bring features of traditional finance to decentralized protocols and allow users to benefit from the secure lending environment provided by the platform.</p><p>Since it is built on the BSC, as such, all of Venus Protocol assets are BEP20 standard tokens. It features a comprehensive stablecoin functionality and aims to enable anyone to leverage collateral. This includes supplying collateral, earning interest on it, borrowing against it, and minting stablecoins.</p><p>XVS is the Venus Protocol native token. It is used as a governance token on the platform. XVS can be earned via the Binance LaunchPool project, or alternatively, it is distributed as a reward for liquidity provision.</p><h3>What are Venus’ key features and how does it work?</h3><p>The Venus Protocol is designed from and therefore has a similar architecture to Compound and MakerDAO. Some of its key features include the ability to rapidly borrow a variety of stablecoins, and other cryptocurrencies, without requiring a credit check.&nbsp;Lenders on the platform can supply collateral to the network that can be then be borrowed by pledging over-collateralized cryptocurrencies. Within this framework, lenders receive compounded interest rates on their loans, whilst borrowers pay interest on their borrowings. Interest rates are determined via a curve yield that automizes the rate based on current market demand.</p><p>Venus differs from other money market protocols since many different types of collateral supply are supported on the platform. Once a user has deposited funds, they are stored in smart contracts that can be withdrawn from at any point. In return for the collateral deposited, Venus issues vTokens that can be used to reclaim the original collateral from the smart contracts. To borrow assets on the protocol, a user must over-collateralize their intended loan value. Each coin has a collateral ratio between 40% and 75%. The ratio determines the value of the collateral a user can borrow. As an example, if a coin has a collateral ratio of 50%, then a borrower can be lent up to 50% of the amount of collateral that they have deposited. In order to get the original collateral back, a user needs to pay back the amount borrowed, plus any interest owed.</p><p>VAI is the protocol’s default stablecoin, however, Venus allows other stablecoins to be created via platform governance. Stablecoins can be minted by leveraging the vTokens a user receives in exchange for depositing collateral. Stablecoins can also be assigned specific parameters which can be proposed by and changed via the protocol governance. This includes parameters such as maximum supply, collateral ratio, amongst others.</p><h3>Where can you buy Venus (XVS)?</h3><p>XVS is available for trading on the following CEXs and DEXs listed <a href="https://cryptorank.io/price/venus/exchanges" rel="noopener noreferrer" target="_blank">here</a>. The most popular platforms with the highest liquidity are MEXC Global, Binance, and Bithumb. The price of XVS will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for XVS market price, please view the price charts on this page.</p>

Venus

Venus is a money market and stablecoin platform.

CryptoRank Premium

Add New {name} Alert

Price Range

New price alert added

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

You are about to leave CryptoRank

External link warning

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Advanced Tools and Ad-Free Experience for In-Depth Analysis

Enjoy advanced analytics, ad-free experience, and exclusive insights on CryptoRank

Payment Successful!

Your subscription is now active!

Add promocode

Select plan

Total Due:

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

Explore the most complete  team of %coinname%, get data about their activities and contact details on CryptoRank.io

%coinname% Team

Joselito Lizarondo

VenusXVS

Venus Team

Current team