DeFi protocol

Venus

5 products · 4 coins · BSC · TVL $1.4B · data via DefiLlama

Platform risk tier

C· Higher risk · meets 4/5 criteriaSee why

The oldest lending protocol on BNB Chain, but it has repeatedly incurred bad debt from price manipulation of illiquid assets; it could not be confirmed that the THE incident (3/2026) has been fully covered.

✓Operating since 2020-11 (5 years)
✓Audited by 7 firms: CertiK, PeckShield, OpenZeppelin, Quantstamp, Fairyproof, Hacken, Code4rena
✓Bug bounty programme (BNB Chain Bug Bounty, up to $100k)
✓Large TVL: $1.4B
✕Uncovered losses in the last 2 years: Donation attack on the THE market: supply cap exceeded and THE price manipulated (2026-03)
iRisk of the asset itself: Pooled lending that accepts illiquid collateral: depositors bear oracle manipulation and bad-debt risk, covered only by the Risk Fund/treasury.
iAfter the THE incident: the THE/CAKE markets were paused and the collateral factors of many assets (BCH, LTC, UNI, AAVE, POL, FIL, TWT, lisUSD) were set to 0.

Last reviewed 24/09/2026. Not investment advice.Facts and sources →

You keep your own wallet and deposit straight into the smart contract. Click a product name for details.

5/5 products · How risk tiers work

									Conditions & limits
BNB	Venus · BSC (WBNB)product 2 One rate for any amount. TVL: $69M · BSC Rate basis: APR (the source publishes APY, converted to the APR equivalent with daily compounding)	Flexible DeFi · smart contract	C· Higher risk CoinB· Medium riskPlatformC· Higher risk	0.06%	0.06%	0.06%	0.06%	0.06%	Withdraw any time if the pool has enough liquidity
BNB	Venus · BSC (WBNB)product 1 One rate for any amount. TVL: $381M · BSC Rate basis: APR (the source publishes APY, converted to the APR equivalent with daily compounding)	Flexible DeFi · smart contract	C· Higher risk CoinB· Medium riskPlatformC· Higher risk	0.04%	0.04%	0.04%	0.04%	0.04%	Withdraw any time if the pool has enough liquidity
BTC	Venus · BSC (BTCB) One rate for any amount. TVL: $375M · BSC Rate basis: APR (the source publishes APY, converted to the APR equivalent with daily compounding)	Flexible DeFi · smart contract	C· Higher risk CoinA· Lower riskPlatformC· Higher risk	0.18%	0.18%	0.18%	0.18%	0.18%	Withdraw any time if the pool has enough liquidity
ETH	Venus · BSC One rate for any amount. TVL: $26M · BSC Rate basis: APR (the source publishes APY, converted to the APR equivalent with daily compounding)	Flexible DeFi · smart contract	C· Higher risk CoinA· Lower riskPlatformC· Higher risk	0.53%	0.53%	0.53%	0.53%	0.53%	Withdraw any time if the pool has enough liquidity
USDT	Venus · BSC One rate for any amount. TVL: $50M · BSC Rate basis: APR (the source publishes APY, converted to the APR equivalent with daily compounding)	Flexible DeFi · smart contract	C· Higher risk CoinB· Medium riskPlatformC· Higher risk	3.10%	3.10%	3.10%	3.10%	3.10%	Withdraw any time if the pool has enough liquidity