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Venus

Venus

ProjectWatch2

Decentralized lending platform

arbitrumbasebnb-chainethereumopbnbDeFiLendingDecentralized Finance (DeFi)

About

Venus is a decentralized finance (DeFi) lending protocol that enables users to lend and borrow cryptocurrencies. It operates as a money market on the BNB Chain, allowing users to earn interest on deposits or take out loans against their crypto collateral. Notably, Venus is a fork of Compound but tailored for the BNB Chain ecosystem with its own governance token.

XVS/USDT

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History

2024
Apr 1, 2024chain expansionmajor

Venus Launch on opBNB

Feb 15, 2024chain expansionmajor

Venus Launch on zkSync Era

2023
Jun 20, 2023chain expansionmajor

Venus V3 Launch on Ethereum

May 10, 2023chain expansionmajor

Venus V3 Launch on Optimism

Apr 12, 2023chain expansionmajor

Venus V3 Launch on Arbitrum

2021
May 18, 2021security incidentmajor

Flash Loan Exploit on Venus Protocol

$13.00M