Temporary pause on snBNB market and other isolated markets on Venus due to Binance Oracle price feed issue
Temporary pause on snBNB market and other isolated markets on Venus due to Binance Oracle price feed issue
Following recommendations from Chaos Labs, the snBNB market and two other isolated markets have been temporarily paused on Venus due to a Binance Oracle price feed issue. The Venus community will propose injecting liquidity from the treasury to the affected pool while funds are being recovered. Other markets on Venus are unaffected and the Binance Oracle team has fixed the issue.
Following the @chaos_labs recommendations and out of an abundance of caution due to today's Binance Oracle price feed issue on the Isolated LST BNB Pool, the snBNB market has been temporarily paused along with 2 other *isolated* markets (agEUR, stkBNB) with similar Binance
Venus and Binance Oracle will share complete details shortly. The $snBNB price feed is back to normal, Core Pool and other markets are unaffected. Funds are SAFU.
Some facts: Binance Oracle, which supports the asset of snBNB in the *isolated* pool reported a wrong price resulting in about $200k of borrows. This is the only reported issue. This user is associated with a Binance account. There's no issue with the core pool or otherwise.
🚨 Venus Weekend Deadline
**Venus Protocol** is delisting **PT-USDe-30Oct2025** this weekend. **Key Details:** - Withdrawal deadline: November 15, 2025 (Saturday, 0000 UTC) - VIP proposal submitted today for immediate delisting - Users must remove their supply before the deadline **Action Required:** If you're supplying PT-USDe-30Oct2025 on Venus, **withdraw your funds immediately** to avoid potential complications. The delisting will proceed once the governance proposal passes, expected within days.
Venus Prime Incentives Double to $110k in November Allocation
Venus Protocol has **doubled** its Prime incentives allocation for November, increasing from $50k to **$110k**. This significant boost in rewards reflects growing participation in the decentralized lending protocol's Prime program. - Monthly allocation jumped 120% month-over-month - Full breakdown available on Venus community forum - Community discussion ongoing for transparency The increased allocation suggests Venus is prioritizing user retention and growth through enhanced reward mechanisms. [Join the discussion](https://community.venus.io/t/adjust-prime-rewards-allocation-for-nov-25/5519) on the Venus community forum for detailed analysis.
Venus Protocol Reports Record October User Activity
Venus Protocol achieved its **strongest October performance** since launching, surpassing the previous record set in October 2021. The decentralized lending platform exceeded **16,387 active users** from October 2021, marking significant growth in user adoption. Key highlights: - New all-time high for October user activity - Surpassed 2021 bull market engagement levels - Demonstrates sustained platform growth This milestone reflects growing demand for decentralized lending and borrowing services as the DeFi sector continues expanding.
Venus Protocol Discusses RWA Future and DeFi Instability with Radix
Venus Protocol hosted a discussion with **Radix DLT** covering key developments in decentralized finance. The conversation explored: - **Onchain Real World Assets (RWAs)** and their future potential - Recent **DeFi market instability** and its causes - How current challenges will shape **future innovation** in the sector The discussion provided insights into how protocols are adapting to market volatility while building infrastructure for traditional asset tokenization. [Listen to the full recording](https://x.com/i/spaces/1YqKDNADokNJV)
Venus Protocol Launches USDC Borrowing Incentives
Venus Protocol has introduced new borrowing incentives in partnership with Gauntlet. The program offers: - 15,000 USDC in rewards for USDC borrowers - Two-week duration for the incentive program - Available exclusively on Unichain Users can access these rewards through the [Venus Core Pool](https://app.venus.io/#/core-pool/market/0xB953f92B9f759d97d2F2Dec10A8A3cf75fcE3A95?chainId=130). *Time-sensitive opportunity: Limited two-week window to participate.*