• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Venus Protocol: Evolution of a DeFi Leader

user avatar

by Giorgi Kostiuk

3 hours ago


Venus Protocol, launched in November 2020 on BNB Chain, has become one of the major decentralized finance platforms. As a non-custodial, algorithmic market, Venus transformed the DeFi lending landscape.

What is Venus Protocol?

Venus Protocol is a sophisticated lending and borrowing platform bringing traditional finance to DeFi. Users can supply various cryptocurrencies to earn interest or borrow against collateral.

Venus Financial Performance

According to Venus Protocol's January 2025 performance report, the platform achieved remarkable growth throughout 2024, solidifying its position in the DeFi ecosystem.

Development and Innovation

Venus Protocol's growth strategy has focused on expanding access and utility across multiple blockchain networks, establishing it as a truly cross-chain lending platform.

Venus Protocol has established itself as a leading DeFi platform, providing essential financial services to a global user base through careful risk management, strategic expansion, and continuous innovation.

0

Share

Other news

Bitcoin Approaches $1 Million: Prospects for OFFICIALMAGACOIN

Bitcoin nears $1 million, and OFFICIALMAGACOIN is emerging as a new favorite among investors.

user avatarGiorgi Kostiuk

a few seconds ago

How BTFD Coin, Neiro, and Floki Inu Are Attracting Investor Attention

Meme coins BTFD, Neiro, and Floki Inu are emerging as market standouts. Explore each one's growth and potential.

user avatarGiorgi Kostiuk

a minute ago

Cryptocurrencies Under $1: Opportunities and Prospects

Exploring promising cryptocurrencies under $1 like Web3Bay and Dogecoin for potential 100x growth.

user avatarGiorgi Kostiuk

a minute ago

Sipher A.G.I Unites AI, Gaming, and Infrastructure

Sipher A.G.I creates multi-virtual realms for AI evolution and player interaction.

user avatarGiorgi Kostiuk

2 minutes ago

House Supports Repealing IRS Tax Regulation for DeFi Platforms

A US proposal aims to exclude tax regulation for DeFi platforms, supported by Republicans.

user avatarGiorgi Kostiuk

2 minutes ago

Bitcoin Price Hits Stocks: Strategy Loses 55% Value

Bitcoin price dip hits Strategy stocks with a 55% plunge, despite significant unrealized gains.

user avatarGiorgi Kostiuk

3 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.