Venus Protocol

Venus Core has launched on-chain gold collateralization through a partnership with Matrixdock on BNB Chain. The XAUm pool attracted **$1.03 million in deposits within one day** of going live, demonstrating immediate market demand for tokenized gold as collateral. **Key details:** - Pool reached full capacity in 24 hours - Partnership between [Matrixdock](https://matrixdock.com) and Venus Core - Deployed on BNB Chain infrastructure - Represents expansion of real-world asset collateral options This launch marks Venus Core's entry into precious metals-backed lending, allowing users to borrow against tokenized gold holdings.

While Venus Flux attracted significant attention, **Venus Core maintained an average total supply of $1.89B throughout February**, serving as the protocol's foundational layer. **February Highlights:** - Venus Core: $1.89B average total supply - Venus Flux: $100M TVL achieved within 24 hours of launch - 18,000+ users served across the platform - Over $1M distributed in community incentives The protocol emphasizes that Core's consistent supply base provides the infrastructure supporting all other Venus products. [Learn more at venus.io](http://venus.io)

Venus has implemented Oracle Extractable Value (OEV) infrastructure using both Chainlink and RedStone oracles. **Key Changes:** - Dual-vendor oracle system now operational - Liquidation value redirected to Venus Treasury - Protocol revenue becomes more sustainable - No impact on user experience The OEV framework captures value from liquidations that would otherwise go to MEV searchers, routing it back to the protocol treasury instead. This infrastructure upgrade strengthens Venus's economic model without requiring any changes from users. [Read full details](<https://medium.com/@venuslabs/what-oev-on-venus-means-for-you-7342035f515c>)

Venus Protocol has launched a Galxe campaign offering **$5,000 in social rewards** to promote Venus Flux, their newly launched Unified Liquidity Layer on BNB Chain. This campaign follows the successful launch of Venus Flux, which achieved **$100M in total value locked within 24 hours**. The platform is built in partnership with Fluid and features 10 ecosystem partners from day one. Venus is currently running a **$1M joint incentive program** over 60 days for users who supply stablecoins to the platform. The reward distribution is based on supply amount and duration. [Learn more about the campaign](https://x.com/VenusProtocol/status/2026990138165784878)

Venus Protocol is hosting a **#VenusLove story competition** to celebrate Valentine's Day, offering participants a chance to win from a **250 USDT prize pool**. The competition invites community members to share their stories related to Venus Protocol and the theme of love in the crypto space. - Prize pool: 250 USDT - Theme: Valentine's Day and Venus - Platform: Announced via [X (Twitter)](https://x.com/VenusProtocol/status/2021373618052014414) This community engagement initiative aims to strengthen connections within the Venus ecosystem while celebrating the holiday. Participants can submit their entries through the official announcement thread.

Venus Protocol wrapped up a busy February with its **U Carnival** campaign, distributing **$2,000,000 in $U token rewards** in partnership with Binance Wallet, UTech Stables, and Solv Protocol. The initiative's Season 2 offered users who deposited at least 100 $U access to a **$1,200,000 reward pool**, with boosted annual percentage rates exceeding **9% on both Venus Protocol and Lista DAO**. The campaign aimed to drive liquidity and user engagement across the Venus ecosystem through incentivized deposits and enhanced yield opportunities. More details: [Binance U Carnival Event](https://www.binance.com/en-AU/events/w3e-u-carnival)

The USDT rewards from the BNB DeFi Festival have been distributed to participants. **Key Details:** - Rewards are now accessible to eligible users - Distribution relates to the recent BNB DeFi Festival event - Users should check their accounts for received USDT Participants can verify their reward status and amounts through the platform.

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)

**Venus Protocol** has joined the BNB Chain DeFi festival alongside SolvProtocol and BounceBit. The collaboration features a **combined $1M prize pool** available through Binance Wallet. - Festival brings together major DeFi protocols on BNB Chain - Prize distribution details to be announced soon - Participants can access rewards via Binance Wallet More announcements expected on how users can claim their share of the substantial reward pool.