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Venus

Venus

XVS
#293
$3.1416Up 1.51 percent($0.05)

Key Stats

Market Cap$52.98MUp 1.51 percent
Volume (24h)$391.27K
Fully Diluted Value$93.45M
Vol/Mkt Cap (24h)0.74%
Total Supply29.75M XVS
Max Supply∞
Circulating Supply16.86M XVS
Launch Date2020-09-28
Built OnBNB
Token StandardBEP20
Smart Contract Address0xcF6B…6C63
Decimal Places18

Venus Information

Websites
venus.ioWhitepaper
Industries
DeFi

Venus Price Converter

VenusXVS
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Latest Venus News

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Venus Markets

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InstrumentExchangeBenchmark DataPrice24h Change
VenusUSDT logo
XVS-USDT
XVSUSDT
binance logobinance
AA
3.14USDT
1.29%
VenusUSDT logo
XVS-USDT
XVS_USDT
gateio logogateio
A
3.15USDT
1.55%
VenusUSDT logo
XVS-USDT
xvs_usdt
lbank logolbank
C
3.15USDT
1.35%
VenusUSDT logo
XVS-USDT
XVS_USDT
bitunix logobitunix
C
3.14USDT
1.29%
VenusUSDT logo
XVS-USDT
XVSUSDT
toobit logotoobit
C
3.15USDT
1.61%

Venus Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
XVSBEP20BNB0xcF6BB5389c92Bdda8a3747Ddb454cB7a64626C632020-09-27
XVSERC20ETH0xd3CC9d8f3689B83c91b7B59cAB4946B063EB894A2023-12-29

About Venus

Venus Protocol is a decentralized finance (DeFi) lending and borrowing platform deployed on the BNB Chain. Created by the Swipe project team, led by Joselito Lizarondo, it combines the features of Maker and Compound to offer a user-friendly DeFi experience. The native governance token, XVS, is used for voting, staking, and participating in the protocol's governance. Venus Protocol focuses on risk management, decentralization, and user experience improvements in its latest version (V4), introducing features like Isolated Pools and the Resilient Price Oracle to enhance its capabilities.

Frequently Asked Questions

Venus Protocol is a decentralized finance (DeFi) platform specializing in lending and borrowing services. Deployed on the BNB Chain, it was initially introduced in 2020. Venus Protocol combines stablecoin minting capabilities, akin to those of MakerDAO, with the algorithmic money market features inspired by Compound. This unique fusion results in a comprehensive DeFi platform, allowing users to engage in a range of decentralized financial activities via a single interface.

Venus Protocol was developed by the team behind the Swipe project and was spearheaded by entrepreneur Joselito Lizarondo. Swipe is well-known for its global issuance of cryptocurrency debit cards. The team leveraged its experience in the crypto space to design Venus Protocol in 2020, aiming to address the burgeoning demand for user-friendly DeFi solutions and to make decentralized finance accessible to a worldwide audience.

XVS, the native governance token of Venus Protocol, serves a critical function within the platform's ecosystem. It empowers users to actively participate in the governance of the protocol, offering them a say in its future development. XVS token holders can stake their tokens to earn rewards and have the opportunity to vote on Venus Improvement Proposals (VIPs) and partake in risk management decisions. Whether you are voting on key protocol changes or simply enjoying the platform's services, XVS remains central to Venus Protocol's operations.