XVS
$4.71
Venus (XVS) Price
$4.71
Venus (XVS) Price Today
The live price of Venus is 4.71 USD. In the past 24 hours, the trading volume of Venus was 8,350,008.47 USD, down by -1.83%. The current price has decreased by -6.83% from its 7-day high of 146.82 USD, and increased by 1.65% from its 7-day low of 4.42 USD. With a circulating supply of 29,745,107.98 Venus, the market cap of Venus is currently 104,013,727.00 USD, down by 0% in the last 24 hours. Venus currently ranks #493 by market capitalization among cryptocurrencies.
Venus (XVS) Market Data
Market Cap
$79.2M
24h Volume
$8.3M
Circulating Supply
16.7M XVS
Maximum Supply
30M XVS
Fully Diluted Market Cap
$140.6M
Liquidity Indicator
10.54%
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About Venus (XVS)
How can I buy Venus (XVS)?
Buying Venus (XVS) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase Venus (XVS) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy XVS Guide for more information.
What Is Venus (XVS) and How Does It Work?
Venus (XVS) is the governance token of the Venus Protocol, a decentralized money market and synthetic stablecoin platform on BNB Chain. The protocol enables users to supply crypto as collateral, earn interest through vTokens, borrow assets, and mint the synthetic stablecoin VAI using over-collateralized positions. XVS allows holders to stake their tokens into a governance vault, giving them voting rights on Venus Improvement Proposals such as protocol parameter updates, collateral risk settings, and treasury allocations. Venus uses an algorithmically adjusted interest rate model derived from compound-style markets, combined with synthetics and decentralized governance coverage, to balance liquidity and risk across the platform. With a total value locked reported at over $1.57 billion, Venus has become a critical infrastructure project on BNB Chain, enabling large-scale borrowing, lending, and synthetic issuance.
When Did XVS Launch?
Venus Protocol and its native token XVS launched in November 2020, developed initially by the Swipe team under the leadership of Joselito Lizarondo. At launch, users could supply assets, borrow, and mint VAI, while early liquidity providers participated via yield farming incentives. The token distribution was fair in that there was no traditional pre-mine: a significant portion of XVS was distributed through liquidity mining and governance initiatives, aligning early participants with protocol growth. The early activation of governance and yield programs helped Venus rapidly scale its user base on BNB Chain and establish itself as a core lending and synthetic platform.
What Are the Key Features of XVS (Venus Protocol)?
Venus supports dozens of collateral assets including BNB, Ethereum, BTC, and stablecoins, enabling broad market participation for both lenders and borrowers. Supplied assets are wrapped into vTokens, which represent claims on that collateral, and generate interest for suppliers. Borrowers can use vTokens to mint VAI, a decentralized stablecoin pegged to USD, by overcollateralizing their positions. Governance via XVS is deeply integrated: stakers vote on risk parameters, interest models, collateral listings, and factor in protocol reserve management. Venus has built-in deflationary and reward frameworks. For instance, a portion of protocol revenue is used for BNB token burns through the Afterburn mechanism, and XVS staking rewards are distributed through the vault and Prime program. These components together allow Venus to be both a high-liquidity lending market and a decentralized governance system.
What Is XVS Used For?
XVS is used primarily for governance. When holders lock XVS in the Venus vault, they gain voting power to influence protocol decisions such as interest rate strategy, collateral risk factors, treasury allocations, and development proposals. In addition to governance, staked XVS provides access to protocol revenue: a percentage of borrow fees, reserve income, and other earnings are funneled back to the vault and distributed among XVS stakers. The protocol also runs buyback programs, where some revenue is used to purchase XVS from the open market and reward vault participants, thereby aligning long-term growth with token holder incentives. By participating in governance and staking, XVS holders play a critical role in the economic security and future direction of the Venus ecosystem.
Venus Roadmap Highlights
Venus has committed to gradually improving its risk framework, collateral expansion, and cross-chain functionality. Key roadmap items include ongoing refinement of liquidation engines, enhancement of oracle security, and deployment of additional collateral types to diversify market usage. The protocol also aims to integrate more deeply with other blockchains and DeFi platforms to expand its reach beyond BNB Chain and support cross-chain lending. Future governance proposals may bring about deflationary adjustments, reductions in emission rates, and more aggressive buyback schedules. In addition, Venus plans to grow its developer ecosystem by allocating treasury funds for integrations, audits, and community programs, creating a foundation for long-term protocol sustainability.
What Is the XVS Token Utility?
XVS has multiple utilities within the Venus protocol: governance, revenue sharing, and staking mechanics. Governance allows stakers to vote on proposals that impact the protocol’s parameters and future direction. Revenue sharing comes from fees generated by lending and borrowing activities; part of these fees is allocated to XVS vault stakers. The Prime staking program further enhances utility, allowing long-term stakers to earn boosted rewards in exchange for committing XVS to the system. Additionally, buyback initiatives use protocol reserves to purchase XVS, creating a potential value feedback loop for holders who remain committed to both governance and protocol growth.
What Blockchain Does XVS Operate On?
XVS is deployed on the BNB Smart Chain (BNB Chain), using the BEP-20 token standard. The choice of BNB Chain gives Venus advantages in terms of low gas fees and fast transaction confirmation times, which is essential for a high-frequency lending and borrowing protocol. All vToken markets, interest rate logic, and synthetic minting for VAI are executed via smart contracts on BNB Chain’s architecture. This makes Venus highly compatible with BSC-based wallets, DEXes, and user interfaces, and supports scalability for high volume DeFi users.
What Are XVS Tokenomics?
The circulating supply of XVS is approximately 16.75 million tokens, out of a total supply of 29.75 million, according to on-chain data. Fully diluted value is estimated by CoinGecko at around $121 million, assuming the full 30 million XVS token cap. According to the protocol’s whitepaper, about 35% of daily governance rewards are allocated to borrowers, 35% to suppliers, and 30% to synthetic stablecoin minters during emissions. Historic documentation also indicates that 6 million XVS (20%) were allocated for the initial Binance LaunchPool event, with 300,000 XVS (1%) reserved for ecosystem grants. The remainder of the supply has been distributed via protocol incentives and governance. These numbers reflect a model that strongly emphasizes community participation, protocol growth, and fair governance.
How To Securely Store XVS?
XVS works with the most popular crypto wallets that support BNB Smart Chain-based assets. The easiest way to engage with XVS is through BingX Spot Market, where users can buy, sell, and hold tokens securely without managing private keys or additional wallet setups. This method provides exchange-level security, a custodial wallet service, and instant trading access. This token is also compatible with leading self-custody wallets such as MetaMask and Trust Wallet, along with hardware options like Ledger. These wallets give users full control over their private keys and allow direct participation in decentralized applications, staking, governance, and cross-network transactions within the Venus ecosystem. By adding the BNB Smart Chain network and importing the XVS token using its contract address, users can enjoy secure and seamless access to all platform utilities and rewards.
Is XVS a Good Investment?
XVS combines governance power, staking returns, and protocol-aligned buyback mechanisms, making it attractive for long-term DeFi participants. Its market cap is approximately $68 million, while its TVL remains much higher, over $1.57 billion, suggesting that the protocol is significantly under-capitalized compared to its locked assets. That discrepancy could indicate upside potential, especially if revenue growth accelerates. However, risks include emission uncertainty, governance centralization, and DeFi-specific exposure such as liquidation risk in borrowing markets. Investors who are comfortable participating in governance and locking in XVS for long periods may benefit more than speculative traders.
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Venus (XVS) Price Converter
- XVS to USD1 XVS = $ 4.71
- XVS to VND1 XVS = ₫ 124,316.15
- XVS to EUR1 XVS = € 4.04
- XVS to TWD1 XVS = NT$ 147.53
- XVS to IDR1 XVS = Rp 78,696.34
- XVS to PLN1 XVS = zł 17.12
- XVS to UZS1 XVS = so'm 56,390.17
- XVS to JPY1 XVS = ￥ 732.64
- XVS to RUB1 XVS = ₽ 360.09
- XVS to TRY1 XVS = ₺ 200.52
- XVS to THB1 XVS = ฿ 150.02
- XVS to UAH1 XVS = ₴ 199.26
- XVS to SAR1 XVS = ر.س 17.69
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