Venus
Venus Protocol
A money market on BNB Chain — the largest stablecoin lending market on BSC by TVL.
Venus issues VAI (a CDP stablecoin against deposited collateral) and runs supply / borrow markets across BNB-chain stablecoins. Risk profile dominated by BNB Chain operator concentration and collateral-asset oracle reliability.
Related terms
- Lending marketA pool-based protocol where suppliers earn interest from borrowers, with rates set algorithmically by utilisation.
- BNB ChainEVM-compatible chain operated by Binance — large stablecoin float, smaller protocol-level diversity than Ethereum L2s.
- CDP (collateralised debt position)A user-opened debt position backed by crypto collateral — the issuance mechanism for DAI, LUSD, GHO, crvUSD.