Venus Protocol

A new **Risk Steward module** has been authorized by governance to streamline protocol management. **Key Features:** - Adjusts caps within predefined limits automatically - Eliminates need for full governance votes on routine changes - Maintains accountability through governance oversight **Benefits:** - **Faster response times** to market conditions - Reduced governance overhead for minor adjustments - Preserves decentralized control through preset boundaries The module represents a balance between operational efficiency and community governance, allowing quicker reactions while keeping decision-making transparent.

Venus Protocol has reached its supply and borrow capacity limits. **What's happening:** - Supply cap is full - new deposits are being rejected - Deposits will only be accepted once supply drops below the limit - Borrow cap is also full - new borrowing is blocked - Existing positions continue to operate normally - Interest continues to accrue on current loans Users with existing positions are unaffected, but new participants must wait for capacity to free up before depositing or borrowing.

Venus Protocol has completed its onboarding with Ceffu Global, a significant step in bringing institutional capital to BNB Chain's DeFi markets. **Key Points:** - Partnership aims to bridge traditional finance with decentralized markets on BNB Chain - Ceffu provides institutional-grade custody and asset management services - Move positions Venus as a gateway for professional investors entering on-chain lending markets This integration allows institutional players to access Venus's lending and borrowing infrastructure with the security standards they require. [Read the full announcement](https://venuslabs.medium.com/venus-protocol-onboards-with-ceffu-institutional-defi-on-bnb-chain-begins-here-c01cac608d0c)

Venus's Flux protocol operates through three distinct modes, each serving different use cases: **Lend Mode** - Supplies assets to shared liquidity pools - Earns yield from borrower demand across 30+ vaults - Higher rates than Core due to concentrated utilization **Borrow Mode (CDP-style)** - Collateral stays separate from lending pools - Each vault pairs specific collateral/debt (BNB/USDC, BTCB/USDT) - Smart vaults can hold DEX LP positions as collateral - DEX swap fees accrue to borrowers, offsetting borrow costs **Multiply Mode** - Automates leveraged positions in one transaction - Example: 3x BNB exposure through recursive borrowing - Single health factor and borrow cost to monitor - Benefits from DEX fees in smart vault configurations The architecture differs fundamentally from Venus Core, using shared liquidity across vaults rather than isolated pools per asset.

A vulnerability in the Hyperbridge gateway was exploited, enabling unauthorized minting of DOT tokens on Ethereum. Venus responded by implementing protective measures. **Actions Taken:** - Paused DOT supply and borrowing operations - Set DOT collateral factor to 0 - Removed DOT market from Binance Wallet loan offerings Users retain the ability to repay and withdraw DOT through the Venus UI. The Venus protocol itself was not compromised. The team will announce when normal DOT operations resume.

Venus protocol users switching between Core and Flux versions are encountering different interest rate structures. The rates don't just show different numbers - they operate on fundamentally different mechanisms. **Key Differences:** - Venus Core and Venus Flux display rates that behave distinctly from each other - The variation goes beyond simple numerical differences - Rate movement patterns differ between the two versions The protocol is explaining the technical reasoning behind these divergent rate behaviors to help users understand what they're seeing when they navigate between the two platforms. This matters for users making decisions about where to supply or borrow assets within the Venus ecosystem, as the rate dynamics could affect their returns and costs.

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.

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.*