Venus Protocol Launches on Ethereum

Venus Protocol has launched its Fixed-Term Vault Cycle 1 on BNB Chain, offering a different approach to DeFi yields. **Key Details:** - Collateral: $XAUm, a tokenized gold asset from Matrixdock backed by 99.99% purity LBMA-accredited physical gold - Target rate: ~5.4% APR (variable) - Term: 30-day lock period - Capacity: 1M USDT - Supply window: Closes June 17 Unlike typical DeFi vaults that rely on trading strategies or farming incentives, this structure uses over-collateralized real-world assets with transparent on-chain settlement. Matrixdock is described as Asia's leading RWA tokenization platform. The vault accepts USDT deposits. [Supply here](https://venus.io/#/vaults?chainId=56) *Capital at risk.*

Venus has introduced a Fixed-Term Vault designed to solve a persistent challenge in DeFi: constantly fluctuating on-chain rates that complicate capital planning. The vault operates on three core principles: - **Collateral visible in advance** - Users know what assets back their positions before committing - **Settlement defined upfront** - Clear end dates eliminate uncertainty - **Parameters published before launch** - All terms are transparent from the start The product targets participants who need predictability when managing capital over specific time periods. By removing mid-cycle surprises, the Fixed-Term Vault offers a more structured approach to DeFi lending and borrowing. This launch represents Venus's response to user feedback about the difficulty of planning around variable rates in decentralized finance.

Venus Flux has simplified its DeFi platform into four core functions: - **LEND**: Supply assets and earn yield - **BORROW**: Take loans where debt can generate LP fees - **MULTIPLY**: Loop exposure in a single transaction - **SWAP**: Trade against unified liquidity with tight spreads All four functions operate on a single liquidity layer, creating what Venus calls the "unified liquidity advantage." The platform is participating in the [Binance Wallet DeFi Season](https://www.binance.com/en/events/wallet-defi-season-2026) with $50,000 in rewards available to users. Venus Flux runs on BNB Chain and is powered by Fluid protocol.

Venus Protocol's **5th anniversary quiz contest** ends today, offering participants a final chance to compete for prizes. **Contest Details:** - 500 USDT total prize pool - Ten winners will share the rewards - Perfect scores required to qualify - Winners announced tomorrow Participants must submit all correct answers by the deadline to be eligible for the prize distribution.

**Final opportunity** to participate in Venus Protocol's $40,000 incentive program for the $WBNB pool on Merkl. **Key requirements:** - Hold at least 50 $XVS tokens in your wallet - Supply or borrow in the $WBNB pool - Program ends today (November 29, 2025) **Benefits available:** - Boosted supply rates for lenders - Subsidized borrowing costs - Share of $40,000 total rewards The 5-day program launched on November 25 and provides incentives on both supply and borrow sides of the pool. [Access the program](https://app.merkl.xyz/?search=Venus) | [Venus WBNB Pool](https://app.venus.io/#/pool/0xfD36E2c2a6789Db23113685031d7F16329158384/market/0x6bCa74586218dB34cdB402295796b79663d816e9?chainId=56&tab=supply)