Venus BTC Price

Venus BTC (vBTC) is a cryptocurrency operating as a BEP-20 token on the BNB Smart Chain. It constitutes the synthetic Bitcoin leg of the Venus algorithmic money market, where users mint a tokenized representation of BTC to interact with DeFi lending pools. The token automatically tracks Bitcoin’s price through over-collateralized reserves.

The Venus Protocol functions as a decentralized money market and synthetic stablecoin platform. vBTC solves the friction of moving Bitcoin liquidity onto BNB Smart Chain without centralized custodians. Idle BTC becomes usable as collateral inside permissionless borrowing and lending markets. That mechanism unlocks yield opportunities previously unavailable to Bitcoin holders.

Venus BTC operates on the BNB Smart Chain network. The contract, deployed at address 0x882c173bc7ff3b7786ca16dfed3dfffb9ee7847b, embodies a tokenized Bitcoin claim while execution relies on the broader BSC infrastructure. Gas fees settle in BNB, and the token’s logic remains fully on-chain.

It conforms to the BEP-20 token standard, guaranteeing compatibility with all major BSC wallets and decentralized exchanges. Beyond basic transfers, the asset functions within a rehypothecation framework—supplied vBTC can be lent out to borrowers, then re-supplied, constructing layered collateral loops. This design amplifies capital velocity while concentrating systemic dependency on the protocol’s liquidation engine.

The Venus Protocol introduced its money market without identifying a named founder in available records. vBTC emerged as the ecosystem’s primary synthetic Bitcoin asset, minted whenever users deposit BTC-equivalent collateral—typically BTCB or other BSC-native Bitcoin representations—into the Venus smart contracts. Its adoption grew alongside the BNB Chain DeFi surge, becoming a widely used medium for Bitcoin-denominated borrowing.

Venus BTC exists to detach Bitcoin’s value from its native chain’s scripting constraints. The token enables holders to deploy Bitcoin exposure as productive capital inside lending markets, earning yield or accessing stablecoin liquidity without converting to fiat or trusting centralized wrapped tokens. This creates a permissionless bridge between the largest crypto asset and the composable DeFi ecosystem of BNB Smart Chain.

vBTC is minted against over-collateralized deposits, and each token mirrors Bitcoin’s price through a combination of oracle feeds and liquidity pools. When a user locks collateral and mints vBTC, the asset can immediately be supplied to Venus’s money market to earn interest, or used as collateral to borrow additional assets. The protocol’s dynamic interest rates adjust algorithmically based on pool utilization, tying the token’s mechanical role directly to liquidity demand.

Suppliers deposit vBTC into the Venus liquidity pool to capture a variable APY paid by borrowers. Borrowers pledge vBTC as collateral to mint VAI, Venus’s synthetic stablecoin, or to access BUSD, BNB, and other supported assets. In the rehypothecation flow, a single unit of vBTC can simultaneously support a lending position and serve as collateral for a separate borrowing loop—boosting capital efficiency while layering liquidation risk.

Venus BTC has a total supply of 288,995.37 tokens. Currently, 0 are in circulation. With a market capitalization of $0, Venus BTC ranks #8,324 among all cryptocurrencies.