Venus Protocol
Venus is an decentralized algorithmic money market and stablecoin protocol that enables borrowers and suppliers to access liquidity and earnings on-demand.
Venus is an decentralized algorithmic money market and stablecoin protocol that enables borrowers and suppliers to access liquidity and earnings on-demand.
Venus has launched Liquidity Hub, a new product built on ERC-4626 that lets users deposit a single asset and receive a Hub Token representing their position across the Venus ecosystem. The Hub automatically allocates deposited capital across supported Venus markets — including Core, Flux, and Fixed-Term Vaults — according to governance-defined strategies, so users get diversified exposure from one deposit.
Venus is partnering with Ceffu Global and SolvProtocol to let institutional BTC held in Ceffu's custody back borrowing on BNB Chain — turning custody-held collateral into on-chain borrowing power without self-custody or moving the underlying assets into the lending market. Following CertiK's audit notice, Venus confirmed the partnership powers a fixed-rate USDT vault backed by BTC on BNB Chain.
Venus has launched a $U Fixed-Term RWA Vault on BNB Chain in partnership with Asseto Finance and UTech Stables, bringing the CASH+ real-world asset token into Venus's on-chain credit markets.
CASH+ holders retain exposure to the underlying RWA while using it as productive collateral to unlock $U liquidity, creating a "capital-efficient loop" between institutional RWA exposure and on-chain lending.
Venus is integrating APRO Oracle as an additional independent price source to strengthen oracle resilience across the protocol.
The integration supports Binance bStocks coming into DeFi, providing institutional-grade infrastructure alongside the tokenized-equity collateral Venus is bringing onto BNB Chain.
By popular demand, Venus has raised the supply cap for $SKHYB to 5,500 units, which is now fully filled.
Suppliers can earn up to 300% APY, paid in SKHYB and funded by a $16,000 rewards pool over the next four weeks via Merkl. The campaign is live on BNB Chain.
Venus outlined its push to expand on-chain credit by bringing new forms of collateral onto BNB Chain: institutional custody access, tokenized equities, and tokenized gold.
The goal is to let different asset types share one lending market so "on-chain credit expands" beyond simply adding more assets.
An attacker who had quietly accumulated roughly 84% of the Thena (THE) token supply manipulated its price on Venus, forcing liquidations and ~$3.7M–$5.8M in estimated profits while leaving about $2.15M in bad debt.
Venus introduced Liquidity Hub, an ERC-4626-based product that automatically allocates a single deposited asset across supported Venus markets according to governance-defined strategies.
On-chain sleuths said the protocol's Core Pool Comptroller contract was updated to a malicious address, siphoning off tokens including vUSDC and vETH in an estimated $27M exploit.
The Venus DAO announced its V4 version, introducing isolated lending pools, a resilient price oracle, and new tokenomics aimed at risk management and decentralization; the isolated pools were subsequently deployed on mainnet in 2023.
An attacker exploited the low liquidity of XVS on Binance to spike its Chainlink oracle price, borrow against it, and then collapse the price, triggering over $200M in liquidations and roughly $100M in bad debt for Venus.
Venus deployed to BNB Smart Chain mainnet, letting users supply collateral, borrow, and mint the VAI synthetic stablecoin while farming XVS across six initial assets (SXP, USDT, BUSD, XVS, USDC, BNB).
Venus's governance token XVS was launched via Binance Launchpool, marking the project's public token offering. The protocol was developed by the team behind crypto card company Swipe.
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