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| Venus 
| #XVS
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| XVS Price: | $6.30 | | Volume: | $3.7 M | | All Time High: | $147 | | Market Cap: | $0.1 B |
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| Circulating Supply: | 16,907,972 |
| Exchanges: | 19
| | Total Supply: | 30,000,000 |
| Markets: | 34
| | Max Supply: | — |
| Pairs: | 54
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The price of #XVS today is $6.30 USD.
The lowest XVS price for this period was $0, the highest was $6.30, and the current live price for one XVS coin is $6.30190.
The all-time high XVS coin price was $147.
Use our custom price calculator to see the hypothetical price of XVS with market cap of ETH or other crypto coins. |
The code for Venus is #XVS.
Venus is 4.6 years old. |
The current market capitalization for Venus is $106,552,297.
Venus is ranked #237 out of all coins, by market cap (and other factors). |
The trading volume is big during the past 24 hours for #XVS.
Today's 24-hour trading volume across all exchanges for Venus is $3,745,536. |
The circulating supply of XVS is 16,907,972 coins, which is 56% of the total coin supply.
A highlight of Venus is it's limited supply of coins, as this tends to support higher prices due to supply and demand in the market. |
XVS is well integrated with many pairings with other cryptocurrencies and is listed on at least 19 crypto exchanges.
View #XVS trading pairs and crypto exchanges that currently support #XVS purchase. |
Announcing the latest Venus Protocol UI Updates
In an effort to improve user experience and create an optimal DeFi interface for our users, we have made some more interface updates to the Venus Protocol UI. The latest Venus Protocol interface improvements include:Updated Market PageUpdated Market Detail PageUpdated XVS Page Stay tuned for more exciting updates to the protocol interface coming soon. Join our Discord and follow us on Twitter to get all of our updates first! Announcing the latest Venus Protocol UI Updates was originally published in Venus Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Announcing the latest Venus Protocol Dashboard UI Update
In an effort to improve user experience and create an optimal DeFi interface for our users, we have made some updates to the Venus Protocol UI. The latest Venus Protocol interface improvements include:Updated Account SummaryUpdated $XVS VaultUpdated Borrow Modal Stay tuned for more exciting updates to the protocol interface coming soon. Join our Discord and follow us on Twitter to get all of our updates first! Announcing the latest Venus Protocol Dashboard UI Update was originally published in Venus Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.
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How to Use Venus Protocol Mini Program on Binance App
You can now access Venus Protocol from the Binance App directly. After connecting your Binance DeFi Wallet, you can easily transfer funds from your Binance Spot Wallet to Venus Protocol and start earning interest.What is the Venus Protocol? Venus Protocol is a decentralized lending platform on the BNB Chain. It leverages audited smart contracts to provide crypto loan services. You can supply and borrow popular cryptocurrencies on the platform to earn interest.How to access the Venus Protocol Mini Program on the Binance App? 1. Log in to your Binance App. On the homepage, drag down to access the [Marketplace]. Please make sure your App is updated to the latest version. 2. Select [Venus Protocol] and tap [Connect] to connect your Binance DeFi Wallet. You can create a new wallet or import an existing wallet by your seed phrase. 3. You can now transfer funds from your Spot Wallet to your DeFi Wallet. Select the asset to transfer and tap [Next]. Please note that you will need some BNB in your DeFi Wallet to pay for gas fees on Venus Protocol. We suggest maintaining a balance of $25 in BNB to cover your transactions. 4. Enter the amount to transfer and tap [Withdrawal]. 5. After transferring your funds, you can access the Venus Protocol features. On the [Market] tab, you can check each asset’s total supply, APY, liquidity, total borrowed funds, and collateral factor. An asset’s collateral factor determines the proportion of ... 
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Venus Protocol Mini-Program Launches in The Binance Mobile App
Dear $XVS holders — we are proud to announce that the Venus Protocol Mini-Program is officially live in the Binance mobile app. This means that Binance users will be able to access Venus Protocol’s features directly within the Binance app without having to switch over to other apps or websites. This integration marks the first decentralized borrowing/lending app integration into Binance, and is expected to further increase the Venus Protocol user base, liquidity, utilization, and trading volume.🕹️ What is a Binance Mini Program? The Venus Protocol mini program within the Binance mobile app allows users to access all of the features and benefits directly within the Binance interface without having to close the app or switch to other platforms. This integration allows for a seamless decentralized borrowing and lending experience for all Binance users. Binance users will also be able to leverage their Binance DeFi wallet and use it to interact with the Venus Protocol mini-program.🚀 How is this important for Venus Protocol? Venus Protocol is currently the leading decentralized borrowing and lending protocol on BNB Chain. Venus is always looking for ways to add value and bring DeFi borrowing & lending to a larger ecosystem of users. Given that Binance is one of the world’s leading centralized exchanges, this partnership is a perfect match. By acquiring more users and more liquidity, Venus is able to further ...
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Venus LUNA Incident Update 3: Resuming the Protocol
Dear Venus Community, Thank you for your patience and your support as we work through safely resuming Venus Protocol. The protocol was previously paused by multisig transaction on the PauseGuardian contract to protect our users from further impact caused by the LUNA Chainlink Price Feed suspension. We have crafted a plan to resume Venus Protocol and ensure that all affected users can repay their debts & exit their over-leveraged positions rather than experience liquidation due to any differences in market conditions since the pause. In order to prevent instantaneous liquidations upon unpausing Venus, we have turned off all price feeds to the protocol. This only allows asset supply and repayments to occur, and prevents borrowing and liquidations. Please note: withdrawals are still possible if your asset is not enabled as collateral. Vault withdrawals are also currently active. We have also launched VIP-61. This VIP will adjust the Collateral Factor on LUNA and UST markets to zero, the first step in offboarding these assets from Venus Protocol. The specific commands for VIP-61 are as follows:setCollateralFactor(LUNA, 0)setCollateralFactor(UST, 0)LUNA.setPendingAdmin(multisig)UST.setPendingAdmin(multisig) A repayment window of 12 hours (instead of the 24 hours stated in VIP-61) will follow the resumption of Venus Protocol, after which point price feeds will be restored to re-enable support for liquidations. After the launch...
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Venus Protocol LUNA Incident Update 2
Summary This is a supplemental announcement regarding the unanticipated Chainlink LUNA price feed suspension on Venus Protocol that occurred yesterday. The events caused by the suspended price feed affected several protocols among which was Venus. The Venus team was able to catch the issue quickly and implement protective measures to minimize impact on the protocol and its users. In this announcement we will address the facts with the community about what transpired. Incident details On Thursday May 12 at about 09:20 UTC, Chainlink’s price feed for LUNA hit a price floor threshold and was suspended by Chainlink with a price of $0.107. The LUNA market on Venus continued operating while the spot price continued to drop. LUNA had the following parameters on Venus, which were deemed to be safe: We became aware of a price disparity 4 hours later when the spot price was about $0.01 while suspicious accounts depositing large amounts of LUNA were identified with these addresses:0x1f6d66ba924ebf554883cf84d482394013ed294b0x3b7f525dc67cca55251abb5d04c81a83a60052690x8d655aaaa0ec224b17972df385e25325b9103332 At the time of the exploit being detected, the team made the decision to use the fastest means of mitigation available, which was to pause the protocol at approximately 15:15 UTC (activated by multisig tx on the PauseGuardian contract). At that time, subsequent borrows resulted in a shortfall of about $14,200,000 across these accoun...
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Venus Protocol Official Statement regarding LUNA
Today, we became aware of errant price behavior for LUNA on Venus Protocol. Upon investigation, it was learned that the price feed had been paused by Chainlink due to extreme market conditions. The price on Venus was last listed at about $0.107 while the market price was $0.01. In order to de-risk this situation, the protocol was paused using PauseGuardian via multisig. Given the continued risks of the LUNA market and in order to eliminate the possibility of further shortfall, the community has asked to suspend the LUNA market effective immediately. Venus Protocol also has a Risk Fund that will be utilized to remedy the shortfall that resulted from this event. In order to take these steps, the price feed for LUNA will be temporarily set to 0 using OracleAdmin via multisig, this will effectively disable the market and, as an unintended byproduct, temporarily disable the protocol for all wallets that have a position with LUNA. Subsequently, a VIP will be prepared asking the community to set the collateral factor for LUNA to 0, after which the Chainlink price feed will be re-enabled which will allow withdrawals and liquidations. Venus is also assessing the UST Situation carefully and will take further actions as necessary. In regards to individual accounts, please join our official Discord community where our team can provide support to affected users. More information will be issued as it becomes available. Please follow us on...
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How To Use Venus Protocol: The Official Guide
This step by step guide will walk you through all of Venus Protocol’s features and what you will need to take full advantage of the platform. We will continue to update this guide as more Venus Protocol features go live. How to setup a wallet to use Venus Protocol To start using Venus follow the steps below:Set up a BNB Chain Metamask Wallet (Use Metamask with BNB Chain — Binance Chain Docs)Deposit BNB (BEP-20/BSC) into the BNB Chain Metamask Wallet address for gas.Deposit any supported cryptocurrency (BEP-20/BSC) to your Wallet. (Note: This can be done via Binance Bridge or Binance.com)Go to app.venus.io and follow the instructions to use the protocol. How to setup a DeFi wallet using Binance Binance has recently announced the Binance DeFi Wallet, a non-custodial decentralized Web3 wallet within the Binance application. Users can access the Binance DeFi Wallet from the latest version of the Binance App to create a DeFi wallet, transfer funds, and use DApps such as Venus Protocol. The Binance DeFi wallet experience is designed to simplify the onboarding and fund transfer process for new users, making it very easy to switch between Binance and DeFi, without worrying about selecting certain blockchains or copy/pasting the right addresses. Venus Protocol DeFi Tutorial Venus Protocol is a decentralized lending platform that lives on the BNB Chain. At its core, Venus is a money market protocol that enables lenders to...
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Venus Announces Interest Rate Model Upgrades
In order to optimize for risk management, competitive supply rates, and increased revenue, the interest rate models for certain assets have been adjusted according to VIP 58 which was recently voted on by the Venus community.Updates For all assets included in the recently passed VIP 58 (ADA, BCH, BETH, BTC, DOGE, ETH, FIL, LINK, LTC, SXP, XRP), interest rate model curves have been steepened with an increased rate multiplier. Kinks (rate jumps) have also been added to ensure supply rates remain competitive and utilization remains low enough to ensure supplier withdrawal liquidity.Details The graphs below represent the parameter changes for each of the impacted markets. Venus Announces Interest Rate Model Upgrades was originally published in Venus Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.
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VRT Swap is now live on Venus Protocol
Following the successful deployment of the VRT Vault, we’re glad to announce that the VRT Swap is now live on Venus Protocol. This swap will enable $VRT token holders to swap their $VRT for $XVS tokens (the native token of Venus Protocol). Included below are the full details regarding the swap along with a link to access the swap and convert your tokens. Specifications The VRT Swap & XVS Vesting contract(s) are a separate system from the VRT Rewards Vault and XVS Rewards Vault. VRT Swap & XVS Vesting are not related to the rewards vaults. XVS owed from the VRT swap will be vested over a 365 day period for all addresses. The VRT Swap contract will be available for VRT deposit for 365 days after deployment. After 365 days, VRT deposits will no longer be accepted but XVS will continue to vest for up to an additional 365 days or until all XVS has vested. Vested XVS will be available for withdrawal perpetually. Based on the following calculation ~8.73B public VRT * (1 XVS / 12,000 VRT) = ~728k XVS 728k XVS / 365 days = 1,995 XVS per day will be vested and released. VRT Swap & Vault Detail Diagram Access the VRT SWAP: https://app.venus.io/convert-vrt VRT Swap is now live on Venus Protocol was originally published in Venus Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.
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