Venus Protocol is a decentralized finance (DeFi) application built on the BNB Chain. It enables users to lend and borrow crypto assets and mint VAI—a USD-pegged stablecoin—without needing intermediaries. With smart contract automation and community governance, Venus is shaping a secure, transparent alternative to traditional finance.

Venus Protocol functions as a decentralized money market. It allows users to deposit crypto assets like BNB, BTC, ETH, and stablecoins to earn interest or borrow other assets. Collateralized lending and borrowing ensure that funds are secure, and liquidations are managed automatically.

Users deposit supported tokens and receive variable interest based on market supply and demand. These deposits are used as liquidity for other users to borrow.

Borrowers lock crypto assets as collateral and receive loans in supported tokens or VAI. The system enforces over-collateralization and monitors the health factor to prevent under-collateralized loans.

Users can mint VAI, a decentralized stablecoin soft-pegged to USD, by locking assets in the protocol. VAI can be used across DeFi platforms, giving users liquidity without needing to sell their holdings.

• Permissionless lending and borrowing

• Mint VAI with crypto collateral

• Governance via XVS token

• Built on fast, low-fee BNB Chain

• Transparent and non-custodial architecture

Pros:

• Earn interest on idle crypto

• Access liquidity without selling assets

• Fully decentralized with community governance

• No KYC or registration required

Cons:

• Collateral may be liquidated in volatile markets

• Requires basic DeFi understanding

• Smart contract risk (audited, but not risk-free)

1. Go to venus-protocol.net

2. Connect your Web3 wallet (MetaMask or Trust Wallet)

3. Deposit supported crypto assets

4. Enable collateral for borrowing

5. Borrow assets or mint VAI

6. Monitor your health factor to avoid liquidation

7. Repay and withdraw your collateral anytime

Venus helps long-term holders earn yield, gives traders access to instant liquidity, and allows developers to build integrated financial products. Unlike Coinbase, which holds custody of user assets, Venus is fully decentralized. Compared to Binance, Venus operates without intermediaries. According to Forbes, Venus is one of the top DeFi protocols for decentralized credit markets.

What is Venus Protocol?
A DeFi protocol for crypto lending, borrowing, and stablecoin minting.

Is VAI stable and secure?
Yes. VAI is over-collateralized and backed by decentralized assets.

Do I need KYC to use Venus?
No. Venus is permissionless and only requires a Web3 wallet.

What is XVS?
XVS is the protocol's governance token, used for voting on proposals.

What assets can I use?
BNB, BTC, ETH, USDT, USDC, and others are supported.

Venus Protocol provides a complete, decentralized alternative to traditional finance. It offers secure lending, borrowing, and stablecoin services without custodianship. With low fees, fast transactions, and community governance, Venus is a leading gateway into the future of DeFi.