Venus Protocol's XVS Vault on ZKSync Sees Rapid Growth
Venus Protocol's XVS Vault on ZKSync Sees Rapid Growth
🚀 XVS Vault Skyrockets
Venus Protocol's XVS Vault on ZKSync has demonstrated significant growth:
- Over 140K XVS staked by September's end
- Zero withdrawals recorded
- Average weekly growth of 150%
- 47K XVS added per week
This growth follows Venus Protocol's earlier success on ZKSync:
- TVL grew 4895% to $19M in one week
- Became leading lending protocol on ZKSync
- Captured 47% of ZKSync's total lending TVL
Venus Protocol has also shown strong performance in other areas:
- Highest daily average revenue growth among top 5 TVL protocols
- 8.7% growth over 30 days, generating $732K
- 3.3K commits in 2024, surpassing top 5 lending protocols combined
Venus Protocol has recorded the highest daily average revenue growth compared to the top 5 protocols by TVL over the last 30 days, with more than 8.7%. During this period, Venus has generated $732K in total. Data from @tokenterminal #VenusProtocol #DeFi #multichain
Venus Protocol's XVS Vault on ZKSync reached more than 140K XVS staked by the end of September, with zero withdrawals. The vault saw an average weekly growth of 150%, adding 47K XVS per week. Data from @DuneAnalytics ℹ️ dune.com/xvslove_team/v… #VenusProtocol #DeFi #XVS #zkSync
With 3.3K commits to this date in 2024, Venus Protocol has more than the top 5 lending protocols by TVL combined, making up 52% of the total. Data from @tokenterminal #VenusProtocol #DeFi #Lending
After one week on @ZKsync, Venus Protocol’s TVL has grown by 4895% to $19M, securing its position as the leading lending protocol and capturing 47% of ZKsync's total lending TVL. Data from @defillama #VenusProtocol #DeFi #zkSync #Lending
🚨 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.*