Venus

Trading Volume(24h)

$2,341,895,754.04

38,507 BTC

Total assets

Reserve data unavailable

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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.

Financial reserves

Total: --

No data

Token Allocation

No data

Markets

Pair

All

#	Currency	Pair	Price	+2% Depth	-2% Depth	Volume	Volume %	Updated
1	BNB	BNB/vBNB	$587.24	--	--	$735,361,078	79.58%	Recently
2	Ethereum	ETH/vETH	$2,910.63	--	--	$188,672,369	20.42%	Recently
3	Bitcoin BEP2	BTCB/vBTC	$60,791.15	--	--	$862,833,059	-	Recently
4	Tether USDt	USDT/vUSDT	$0.9996	--	--	$321,602,817	-	Recently
5	USDC	USDC/vUSDC	$1.0001	--	--	$112,262,271	-	Recently
6	PancakeSwap	Cake/vCAKE	$2.6189	--	--	$48,068,110	-	Recently
7	Venus	XVS/vXVS	$9.6228	--	--	$16,753,091	-	Recently
8	Dogecoin	DOGE/vDOGE	$0.1438	--	--	$7,955,348	-	Recently
9	Chainlink	LINK/vLINK	$13.66	--	--	$7,630,767	-	Recently
10	Litecoin	LTC/vLTC	$80.66	--	--	$7,206,479	-	Recently
11	XRP	XRP/vXRP	$0.5062	--	--	$6,141,295	-	Recently
12	Polkadot	DOT/vDOT	$6.8294	--	--	$5,638,427	-	Recently
13	Filecoin	FIL/vFIL	$5.6781	--	--	$4,456,351	-	Recently
14	Polygon	MATIC/vMATIC	$0.6715	--	--	$3,971,446	-	Recently
15	Dai	DAI/vDAI	$1.0001	--	--	$3,588,194	-	Recently
16	Uniswap	UNI/vUNI	$7.1139	--	--	$3,549,863	-	Recently
17	Bitcoin Cash	BCH/vBCH	$428.23	--	--	$2,478,522	-	Recently
18	Aave	AAVE/vAAVE	$84.84	--	--	$1,084,505	-	Recently
19	BUSD	BUSD/vBUSD	$1.0008	--	--	$1,042,275	-	Recently
20	TRON	TRX/vTRX	$0.1272	--	--	$682,257	-	Recently
21	Beacon ETH	BETH/vBETH	$3,007.91	--	--	$504,134	-	Recently
22	TrueUSD	TUSD/vTUSD	$0.9998	--	--	$111,817	-	Recently
23	Solar	SXP/vSXP	$0.3285	--	--	$100,727	-	Recently
24	Terra	LUNA/vLUNA	$0.5854	--	--	$20,693	-	Recently

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