Ranking
Categories
Historical Snapshots
Token unlocks
Yield
Real-World Assets
Trending
Upcoming
Recently Added
Gainers & Losers
Most Visited
Community Sentiment
Chain Ranking
Overall NFT Stats
Upcoming SalesDashboards
Markets
Market Overview
Spot Market
Derivatives Market
No. of Cryptocurrencies
Bitcoin Treasuries
BNB TreasuriesIndicators
Fear and Greed Index
Altcoin Season Index
Market Cycle Indicators
Bitcoin Dominance
CoinMarketCap 20 Index
CoinMarketCap 100 IndexETF Flows
Crypto ETFs
Bitcoin ETFs
Ethereum ETFs
RSI
MACD
Signals
Trending
New
Gainers
Meme Explorer
Top TradersExchanges
Centralized Exchanges
Spot
DerivativesDecentralized Exchanges
Spot
Derivatives
Feeds
Topics
Lives
Articles
Converter
Newsletter
CMC Launch
CMC Labs
Telegram Bot
Advertise
Crypto API
Site Widgets
Airdrops
Diamond Rewards
Learn & Earn
ICO Calendar
Events Calendar
News
Academy
Research
Videos
Glossary
Venus
Spot Trading Volume(24h)
$1,689,272,440.57
18,856 BTC
Total assets
Reserve data unavailable
Do you work for Venus?
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.
Read More
Total: --
No data
Token Allocation
No data
Markets
- SpotSpot
- PerpetualPerpetual
- FuturesFutures
Pair
All
Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure