About Venus BNB
Venus BNB (vBNB) is a cryptocurrency and operates on the BNB Smart Chain (BEP20) platform. Venus BNB has a current supply of 29,209,227.49890736. The last known price of Venus BNB is 21.00663483 USD and is down -1.39 over the last 24 hours. It is currently trading on 8 active market(s) with $613,947,950.20 traded over the last 24 hours.
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Trading Insights
Searched
1
Market Stats
Market Cap
$611.25M
FDV
$611.25M
Circ. Supply
29M vBNB
Max Supply
Not enough data
Total Supply
29M vBNB
Performance
Popularity
Not enough data
Dominance
0.02%
Volume (24H)
$612.61M
-0.68%
Volume (7D)
$4.25B
Volume (30D)
$17.55B
All time high
$813.94
Price Change (1Y)
82.26%
Additional details
Market details
vBNB vs markets
↘ 5.03%
vBNB vs BTC
↘ 13.55%
vBNB vs ETH
↘ 1.62%
Tags
defi
rehypothecated-crypto
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0xA07c5b74C9B40447a954e1466938b865b6BBea36 |
Price history
Time | Price | Change |
|---|---|---|
Today | $21.07 | ↘ 0.70% |
1 Day | $21.22 | ↘ 0.70% |
1 Week | $21.65 | ↘ 2.32% |
1 Month | $18.80 | ↗ 12.09% |
1 Year | $11.56 | ↗ 82.26% |
Coinbase insights
Recent trends
The latest vBNB price is $21.07. Compared to Venus BNB's value of $21.22 from 24 hours ago, there's been a -1% decrease, while the current price is -2% down from $21.65 which was recorded one week ago. Venus BNB's all time high is $813.94, which was reached on May 5, 2024. This is a -97% change from its price today.
The market cap is currently $611.25M, which is a result of multiplying the current price of Venus BNB($21.07) by the total supply(29,002,263 vBNB). The fully diluted valuation of Venus BNB is $611.25M. The diluted valuation of Venus BNB is $611.25M.
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 $611.25M. 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 $612.61M.
Assets that have a similar market cap to Venus BNB include Stader ETHx, Coinbase Wrapped Staked ETH, tBTC V2, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Venus BNB is 29 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
#4949
Contributors
13
Posts
15
% About Venus BNB
0.001%
Hold times
0 days
X (Twitter)
0% bullish
Sentiment
5.0 ★
Highlights
13 unique individuals are talking about Venus BNB and it is ranked #4,949 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 100 out of 5. Finally, Venus BNB is becoming less newsworthy, with 0 news articles published about Venus BNB.
On Twitter, people are mostly neutral about Venus BNB. There were 0% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Venus BNB. 100% of tweets were neutral about Venus BNB. These sentiments are based on 14 tweets.
On Reddit, Venus BNB was mentioned in 0 Reddit posts and there were 0 comments about Venus BNB. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
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.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. 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. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.