Venus XVSPrice(VXVS)
Details Venus XVS (VXVS) Price information (USD)
The current real-time price of VXVS is $0.0520. In the past 24 hours, VXVS has traded between $0.0517 and $0.0529, showing strong market activity. The all-time high of VXVS is $2.94, and the all-time low is $0.0505.
From a short-term perspective, the price change of VXVS over the past 1 hour is
Venus XVS (VXVS) Market Information
Venus XVS (VXVS) Today's Price
The live price of VXVS today is $0.0520, with a current market cap of $0. The 24-hour trading volume is 2.33. The price of VXVS to USD is updated in real time.
Venus XVS (VXVS) Price History (USD)
What is VENUS XVS (VXVS)?
When is the right time to buy VXVS? Should I buy or sell VXVS now?
Before deciding whether to buy or sell VXVS, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s VXVS technical analysis can provide you with trading references.
Future price trend of VXVS
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for VXVS.
How much will VXVS be worth tomorrow, next week, or next month in ? What about your VXVS assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! VXVS Price Prediction
How to buy VENUS XVS (VXVS)
Convert VXVS to local currency
VXVS Resources
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0x40bc...0a7576  | 3.060M | 10.37% |
binance-smart-chain | 0xc8e2...baf9b0 | 2.886M | 9.78% |
binance-smart-chain | 0x36cc...f2ffc6 | 2.541M | 8.61% |
binance-smart-chain | 0xba24...157ebd | 2.123M | 7.19% |
binance-smart-chain | 0xa5d0...f899c8 | 1.721M | 5.83% |
Other | 17.188M | 58.22% |
Hot Events
VENUS XVS (VXVS) FAQ
What is Venus (XVS) and how does it work?
Venus (XVS) is a decentralized finance (DeFi) lending and borrowing platform, functioning as an algorithmic money market. It allows users to lend and borrow cryptocurrencies without intermediaries. Built on the BNB Chain, it facilitates fast transactions with low fees. Users can deposit various cryptocurrencies as collateral to borrow other assets or earn interest by supplying their funds to the protocol.
What is the XVS token used for?
The XVS token serves as the native governance token of the Venus Protocol. XVS holders can propose and vote on critical changes, such as incorporating new collateral types, adjusting interest rates, and implementing protocol upgrades. Additionally, XVS can be staked for liquidity mining, enabling users to earn rewards for their participation in the network. It also plays a role in minting VAI stablecoins.
What makes Venus unique compared to other DeFi lending platforms?
Venus distinguishes itself by integrating an algorithmic money market with the capability to mint synthetic stablecoins, like VAI, directly from supplied collateral. Operating on the BNB Chain, it offers high transaction speeds and low costs. Venus also aims to provide an accessible lending market for diverse cryptocurrencies, including Bitcoin, XRP, and Litecoin, allowing users to source liquidity without traditional credit checks.
What are the inherent risks associated with using Venus Protocol?
While Venus endeavors to minimize risks through its design and audits, inherent challenges include potential smart contract bugs and liquidation risk due to market volatility. Users should be aware that the value of collateral can fluctuate. If the collateralization ratio falls below a specific threshold, assets may be subject to liquidation, highlighting the importance of managing positions carefully.
How does Venus ensure the safety of user funds?
Venus Protocol enhances user fund safety through an over-collateralized model and decentralized governance. Its smart contract code is public, open-source, and has undergone formal verification and audits by external security firms. Although all DeFi protocols carry inherent risks, Venus implements these measures to mitigate potential vulnerabilities and provide a more secure environment for its users.
What is the Venus Protocol's governance model?
Venus operates under a Decentralized Autonomous Organization (DAO) model, where the community, specifically XVS token holders, governs the protocol. XVS holders possess voting rights, allowing them to propose and vote on protocol changes. Typically, a significant amount of XVS is required to initiate a proposal, and proposals must achieve a specific quorum of votes to be approved and implemented, ensuring broad community consensus.
