Venus

$128,374,735,240 USD
2,054,487 BTC

About Venus

Venus is an algorithmic-based money market system designed to bring a complete decentralized finance-based lending and credit system onto Binance Smart Chain. Venus enables users to utilize their cryptocurrencies by supplying collateral to the network that may be borrowed by pledging over-collateralized cryptocurrencies. This creates a secure lending environment where the lender receives a compounded interest rate annually (APY) paid per block, while the borrower pays interest on the cryptocurrency borrowed. These interest rates are set by the protocol in a curve yield, where the rates are automated based on the demand of the specific market, such as Bitcoin. The difference of Venus from other money market protocols is the ability to use the collateral supplied to the market not only to borrow other assets but also to mint synthetic stablecoins with over-collateralized positions that protect the protocol. These synthetic stablecoins are not backed by a basket of fiat currencies but by a basket of cryptocurrencies. Venus utilizes the Binance Smart chain for fast, low-cost transactions while accessing a deep network of wrapped tokens and liquidity.

Active Markets

RankCurrencyPairPriceVolume (24h)Volume (%)
Liquidity
CategoryFee TypeUpdated
RankCurrency
RankCurrencyPairPriceVolume (24h)Volume (%)
Liquidity
CategoryFee TypeUpdated
1
$0.02049
$52,679,748,952
41.04%
-
Spot
Percentage
Recently
2
$0.02051
$49,907,655,943
38.88%
-
Spot
Percentage
Recently
3
$0.02037
$9,428,426,625
7.34%
-
Spot
Percentage
Recently
4
$0.02042
$7,572,225,711
5.90%
-
Spot
Percentage
Recently
5
$10.91
$3,359,725,245
2.62%
-
Spot
Percentage
Recently
6
$1,245.19
$2,433,414,401
1.90%
-
Spot
Percentage
Recently
7
$47.59
$795,755,393
0.62%
-
Spot
Percentage
Recently
8
$0.035
$788,252,308
0.61%
-
Spot
Percentage
Recently
9
$45.05
$768,999,354
0.60%
-
Spot
Percentage
Recently
10
$0.0883
$261,866,436
0.20%
-
Spot
Percentage
Recently
11
$0.833
$103,246,641
0.08%
-
Spot
Percentage
Recently
12
$5.35
$72,229,955
0.06%
-
Spot
Percentage
Recently
13
$1.00
$66,339,870
0.05%
-
Spot
Percentage
Recently
14
$0.7885
$62,356,421
0.05%
-
Spot
Percentage
Recently
15
$16.14
$46,536,851
0.04%
-
Spot
Percentage
Recently
16
$1.58
$19,105,774
0.01%
-
Spot
Percentage
Recently
17
$3.37
$8,843,230
0.01%
-
Spot
Percentage
Recently

Unverified Markets

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