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Venus

XVS#450 by market cap

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Venus is for lending and borrowing. We have not written its record yet, so its promises are not checked. It trades at $3.02, #439 of all coins by size, 98% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. #9 of 39 lending/borrowing protocols. Nothing to be careful of on the record.

Is it real?

3 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
5 yearson the marketsince 5 October 2020
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3 of 4

  • A real-world jobReal-world purpose: lending and borrowing
  • Real backingBacking: trades on Binance
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growRoom: worth $51M, 38 times smaller than Aave, the biggest coin within reach doing the same thing (Lending/Borrowing Protocols)

No named backer

  • Origin5 October 2020about about 5 yearsvenus.io, GitHub, Whitepaper
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorListed on Binance
  • Standing on the recordNo recordNo dated promise to judge yet5 headlines last monthNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in Lending/Borrowing Protocols ($9.53M). To match the leader, Aave ($1.95B), its price would need to rise 3729%, to about $115.65.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Listed on fewer than two big exchanges (Binance)
  • No named investor among its tags
  • Only 5 headlines named it last month

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#9of 39 lending/borrowing protocolsthe typical one is worth $9.53M
$51Mworth todayprice × coins out
$9.53Mthe typical rival is worthLending/Borrowing Protocols
$1.95Bthe leader is worthAave
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Lending and borrowing

39 coins tagged Lending/Borrowing Protocols, worth $4.84B together. #9 of 39 by worth.

Lending/Borrowing Protocols: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Venus$51Mthis coin−2.3%56% outno record
  • Aave$1.95B38.3× bigger, +$1.9B+0.2%, gap +2.596% outno record
  • Morpho$1.47B28.8× bigger, +$1.42B−4.2%, gap −1.869% outnone dated
  • Olympus$301.26M5.9× bigger, +$250.26M−0.9%, gap +1.4no maxnone dated
  • Maple Finance$242.3M4.8× bigger, +$191.31M−4.0%, gap −1.7no max0 of 1 delivered
  • Compound$191.14M3.7× bigger, +$140.14M−2.9%, gap −0.5100% outnone dated
  • Kamino$137.37M2.7× bigger, +$86.37M−0.2%, gap +2.155% out0 of 1 delivered
  • Cap$94.28M1.8× bigger, +$43.28M+25.3%, gap +27.616% out3 of 10 delivered
Same job, different how

Lending/Borrowing Protocols: this coin next to Aave, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Venus says
.
Aave says
Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

No description on file.

Problem it says it solves: lending and borrowing. 39 coins are working on it and together they are worth $4,841,364,013. This coin is 1% of that.

Where it trades: Binance, LBank, Biconomy.com, WEEX, MEXC

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

Lending/Borrowing Protocols: this coin next to the group's largest, Aave.

VenusAave
Years trading6 years6 years
Major exchanges110
Named backers01
Headlines, last month555
Promises deliveredno recordno record

It is 2.6% the size of Aave. On the facts above it is behind on major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$3.02price of one−2.3% today
98%below its highest ever$147 on 9 May 2021
56%of the supply is out16.86M coins
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The last 7 days

7 days ago: $3.32now: $3.02 (−7.6%)

Where today sits against its highest ever price

$3.02

Highest ever: $146.82 on 9 May 2021. Today is 2% of that.

56%

of all XVS that will ever exist is already out in public hands: 16.86M coins.

44% (13.14M coins) is already created but not in public hands, held by the project or locked in escrow. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

A share of the app's fees or votes

Apps like this usually pay holders from fees or give them a vote. Check which.

  • Nothing the project's own pages spell out.
$3.02price of one
×
16.86Mcoins out
=
$51Mworth today, #439 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 56%of the maximum supply is in circulation: 16.86M of 30M.
  • 13.14Mcoins still to be released, 44% of the maximum. Releases can add selling pressure.
  • 1.8×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 2%of its all-time high of $146.82 on 9 May 2021. That is −97.9% from the top.
  • #439by market cap, $50,999,579.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

5headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

5 headlines named this coin in the last month.

What they were about

  • Price4
In the news
What people are talking about, last month:

Headlines are the publishers' own. News is never placed next to price.

The record itself

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Pages saveddailycaptured every night
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy