About Venus BNB
Market Stats
Market Cap
$618,765,033.43
FDV
No data
Circulating Supply
43,084,113.191 vBNB
Max Supply
No data
Total Supply
43,084,113.191 vBNB
Hold Time
No data
Performance
Popularity
No data
Dominance
0.02%
Volume (24H)
$619,035,672.25
0.01%
All time high
$813.94
Additional info about Venus BNB
Networks and details
The price of Venus BNB has decreased by 0.39% in the last hour and increased by 0.94% in the past 24 hours. Venus BNB’s price has also fallen by 3.21% in the past week. The current price is $14.37 per vBNB with a 24-hour trading volume of $619.04M. Currently, Venus BNB is valued at 98.23% below its all time high of $813.94. This all-time high was the highest price paid for Venus BNB since its launch.
The current circulating supply of Venus BNB is 43,084,113.191 vBNB which means that Venus BNB has as total market cap of $618,765,033.43.
Price history
Today | $14.37 | ↗ 0.94% |
1 Day | $14.23 | ↗ 0.94% |
1 Week | $14.84 | ↘ 3.21% |
1 Month | $16.52 | ↘ 13.04% |
1 Year | $14.96 | ↘ 3.96% |
Market details
Performance against other markets | ↘ 3.95% |
Performance against BTC | ↘ 18.5% |
Performance against ETH | ↗ 90.21% |
Performance in the past year | ↘ 3.96% |
FAQ
Venus BNB/vBNB is a type of vToken, a primary medium to interact with the Venus Protocol. According to the platform’s whitepaper, Venus Protocol seeks to be a completely decentralized finance-based lending and credit crypto market using money market protocols. The money market entails the buying and selling of huge quantities of very short-term debt products such as overnight reserves or commercial paper.
The protocol also utilizes the innovative Binance Smart Chain (BSC) network for fast and low-cost transactions. The platform seeks to create a secure lending environment for the network lenders and borrowers. The lenders are paid a compounded yield rate annually (APY) per block. The borrowers, on the other hand, pay interest on the borrowed cryptocurrency. The yield rates on the borrowed cryptocurrencies are determined through the demand of a specific market.
Venus Protocol has the ability to borrow assets with the collateral supplied by lenders existing money market protocols. The platform also allows minting synthetic stablecoins backed by various cryptocurrencies enabling users to experience a vast network of wrapped tokens and liquidity. The wrapped token is a token fixed to a specific cryptocurrency that still has the ability to operate on a different blockchain.
Venus Protocol supports various assets that are integrated through a vToken contract. The platform’s vToken contract currently supports two types of tokens: i) vBEP20 and ii) vBNB. Where the vBEP20 token wraps a BEP-20 (token standard on BSC) token, the vBNB token wraps an underlying BNB token. If users want to mint, redeem, borrow, repay a borrow, liquidate a borrow, or transfer vTokens, they need to go through the vToken contract. The users can also mint vTokens (vBEP20 and vBNB) in order to earn yield through the vToken exchange rate and, also, to gain the right to use vTokens as collateral.
vBNB is a protocol-generated pegged asset when collateral is supplied. vBNB tokens can be generated and deployed via the platform’s governance processes. Venus Protocol has a governance token called XVS. XVS token is designed to be a fair launch cryptocurrency and can only be earned by providing liquidity to the platform or Binance LaunchPool project.
Joselito Lizarondo is the founder of Venus Protocol. The vBNB token has a total supply of 38,891,305.073238 vBNBs.
We update our Venus BNB to USD currency in real-time. Get the live price of Venus BNB on Coinbase.
The current market cap of Venus BNB is $618.77M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Venus BNB is $813.94. This all-time high is highest price paid for Venus BNB since it was launched.
Over the last 24 hours, the trading volume of Venus BNB is $619.04M.
Assets that have a similar market cap to Venus BNB include Marinade Staked SOL, Renzo Restaked ETH, Venus BTC, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Venus BNB is 43 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#4350
Contributors
4
Posts
607,635
% About Venus BNB
0.001%
Hold times
0 days
X (Twitter)
50% bullish
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
4 unique individuals are talking about Venus BNB and it is ranked #4,350 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Venus BNB has an average sentiment score of 0 out of 5. Finally, Venus BNB is becoming more newsworthy, with 0 news articles published about Venus BNB. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about Venus BNB. There were 50% of tweets with bullish sentiment compared to 50% of tweets with a bearish sentiment about Venus BNB. 0% of tweets were neutral about Venus BNB. These sentiments are based on 4 tweets.
On Reddit, Venus BNB was mentioned in 0 Reddit posts and there were 0 comments about Venus BNB. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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