Venus, a leading DeFi lending protocol, is reaching a major milestone with the upcoming listing of its native token, XVS, on the global exchange HTX. Scheduled for May 9, this marks the first XVS listing on a top-tier exchange in over four years. HTX is ranked among the top exchanges by trading volume and is regarded for its strong reach in Asia and other key markets.
XVS Token
XVS is the native token of the Venus ecosystem and serves several key functions. It plays a central role in governance, allowing stakers to participate in on-chain voting on protocol development and improvements. Beyond governance, XVS is also used for staking and is integrated into the Venus Prime program, which enables users to enhance their lending rates and lower their borrowing rates.
HTX Listing Details
The XVS token will be listed on the spot market of HTX and will be actively supported by the exchange through dedicated marketing initiatives launched in conjunction with the listing to enhance engagement within the community.
Listing information:
- Spot trading pair: XVS/USDT
- Scheduled launch date: May 9, 2025
- Deposits: Open
- Withdrawals: Open from 12:00 UTC on May 12
- Contract address (BEP20): 0xcf6bb5389c92bdda8a3747ddb454cb7a64626c63
About Venus
Venus is a leading DeFi protocol for lending and borrowing crypto, with over $2.3 billion in TVL. It operates across multiple blockchains, including BNB Chain, Ethereum, opBNB, Arbitrum One, ZKSync, Optimism, Base, and Unichain. The platform offers a user-friendly and extensive suite of features for seamless interaction with a wide range of lending markets, with over 70 markets available, making it one of the most comprehensive lending platforms.
Venus stands out for its strong security standards, having undergone multiple audits by CertiK, PeckShield, and other trusted firms. With a security score of over 91 from CertiK, Venus ranks among the top ten lending and borrowing projects, ensuring the safety and reliability of its ecosystem.
The post Venus Token Listing: XVS Going Live on HTX Soon appeared first on BeInCrypto.
