Venus

About Venus

Venus (XVS) is a decentralized money market and stablecoin protocol built on BNB Chain. It enables users to supply crypto assets as collateral to borrow other cryptocurrencies or mint VAI, a synthetic stablecoin pegged to the US dollar. What sets Venus apart is its combination of lending, borrowing, and stablecoin minting within a single protocol, removing the need for multiple platforms. Governed by XVS token holders, Venus operates as a community-driven ecosystem and remains one of the most prominent DeFi lending platforms within the BNB Chain network.