Venus (XVS) is the governance token of the decentralized money-market and synthetic stablecoin protocol on Binance Smart Chain, letting users lend, borrow, and mint synthetic USD-pegged assets.
Today XVS trades around ~$2.9–$3.3 USD, down sharply from its all-time high near $147, highlighting prolonged correction after the 2021 DeFi boom.
Total value locked (TVL) in Venus remains notable (over $1 billion), but price movements still heavily track overall crypto sentiment rather than token-specific catalysts.
Recent trading saw higher volume and fragile accumulation signals, but holding key moving averages is crucial to avoid renewed downside.
Protocol updates like quarterly revenue burns and future staking vaults aim to improve tokenomics and utility, though execution risk remains.
Market confidence is still tempered by past security incidents and volatility, with bulls pointing to governance-driven utility and bears wary of shallow liquidity.
@VenusProtocol $XVS #XVSCoin #xvs