Venus Protocol Shows Strong Growth on Unichain and DeFi Markets
Venus Protocol Shows Strong Growth on Unichain and DeFi Markets
馃殌 Venus Defies DeFi Gravity
Venus Protocol demonstrates significant growth across multiple metrics:
- TVL on Unichain increased 365% in one week, reaching $5.65M in total supply and borrows
- Revenue growth of 119% over four weeks, outperforming other top 5 DeFi protocols
- Sustained borrowing with 1.4% growth while other leading protocols showed flat or negative trends
- Reached $1M TVL on Unichain within 5 days of launch
Data sources: @DefiLlama and @tokenterminal confirm Venus's position as the largest lending protocol on Unichain, with consistent growth in early 2025.
Venus defies market trends with 1.4% growth in average total borrow over the past 4 weeks. Among the top 5 lending protocols ranked by TVL, Venus is the only protocol to maintain positive growth.
Venus leads the market on Unichain with a 365% increase in TVL over last week, reaching $5.65M in total supply and borrows. Source: @DefiLlama
Venus leads the market on Unichain with a 365% increase in TVL over last week, reaching $5.65M in total supply and borrows. Source: @DefiLlama
Venus defies market trends with 1.4% growth in average total borrow over the past 4 weeks. Among the top 5 lending protocols ranked by TVL, Venus is the only protocol to maintain positive growth.
Venus has recorded a 119% increase in revenue over the last four weeks, the highest among the top 5 DeFi protocols by TVL. In comparison, two other leading protocols saw changes of just 2% and -19%. Data from @tokenterminal
Venus has reached $1M TVL on Unichain in just 5 days, hitting the max supply cap for the ETH market. With an upcoming cap increase and new markets on the way, Venus continues to lead as the largest lending protocol on Unichain. Source: @DefiLlama
Venus has recorded a 119% increase in revenue over the last four weeks, the highest among the top 5 DeFi protocols by TVL. In comparison, two other leading protocols saw changes of just 2% and -19%. Data from @tokenterminal
Venus has reached $1M TVL on Unichain in just 5 days, hitting the max supply cap for the ETH market. With an upcoming cap increase and new markets on the way, Venus continues to lead as the largest lending protocol on Unichain. Source: @DefiLlama
Venus Protocol Expands Borrowable Asset Selection with Five New Tokens
Venus Protocol has added five new assets to its borrowing platform: - **CAKE** (PancakeSwap's native token) - **BTCB** (Binance-pegged Bitcoin) - **U** - **USDE** - **USD1** This expansion gives users more options for accessing liquidity through Venus's decentralized lending protocol. Borrowers can now use these assets as collateral or borrow them directly, while suppliers can earn yields by providing liquidity for these tokens. The addition diversifies Venus's asset offerings beyond its existing selection, potentially attracting new users seeking exposure to these specific tokens within the DeFi lending ecosystem.
Binance Wallet Adds Seven New Collateral Options for Borrowing
Binance Wallet has expanded its collateral options to include seven new assets: SolvBTC, XVS, XRP, SOL, USD1, USDE, and CAKE. Users can now deposit these assets directly in Binance Wallet and borrow $U tokens. The platform is offering up to 20% APR on borrowed funds. The new collateral types provide more flexibility for users looking to access liquidity while maintaining exposure to their preferred assets. [Learn more about the program](https://www.binance.com/en-AU/events/w3e-u-carnival)
$U Stablecoin Joins Venus E-Mode Group with $2M Incentive Program
The $U stablecoin has been added to Venus Protocol's Stablecoin E-Mode group, enabling users to loop stablecoins for improved capital efficiency. **Key Features:** - Users can participate in the $2M U Carnival incentive program - Direct borrowing available through Binance Wallet integration - E-Mode allows for optimized collateral usage with stablecoins Venus Protocol is a decentralized money market platform that facilitates lending and borrowing of digital assets. The E-Mode feature groups similar assets together, allowing for higher loan-to-value ratios and lower liquidation thresholds.
Venus Flux Beta Launches as First Unified Liquidity Layer on BNB Chain
Venus has launched **Venus Flux Beta**, marking the first unified liquidity layer on BNB Chain. Built on Fluid's liquidity architecture, the platform aims to improve lending, borrowing, and capital efficiency. **Key partnerships supporting the launch:** - **Velora DEX** - Provides advanced execution and routing capabilities - **OKX** - Bridges centralized and decentralized finance with deep market experience - **Kyber Network** - Aggregates liquidity from multiple sources for optimal trading rates - **0x Protocol** - Enables gas-efficient trading across Ethereum and BNB Chain - **UTech Stables** - Contributes $U stablecoin with automated yield strategies The beta version is now available for testing, allowing users to explore the new lending infrastructure on BNB Chain.
Venus Protocol Closes 5th Anniversary Quiz Contest with 500 USDT Prize Pool
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.