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Beta·March 2026·Join Early Access→
TVL $296MAPY 2.26%low riskUpdated Feb 1, 2025

Venus USDT

Supply USDT to Venus Protocol on BNB Chain to earn stablecoin yield. USDT is the most borrowed stablecoin on Venus, offering attractive rates for suppliers.

ProtocolVenus
Networkbsc
SymbolVUSDT
CategoryMoney Markets
Underlying Assets
USDT
Contract Address0xfd5840cd36d94d7229439859c0112a4185bc0255

What is Venus USDT?

Venus USDT is a stablecoin lending market on Venus Protocol where users deposit Tether (USDT) to earn yield from borrowers. Stablecoin markets typically offer higher and more consistent yields than volatile assets because borrowers constantly need dollar liquidity for trading, leverage, and hedging strategies.

How Venus vToken Model Works

The vUSDT market follows Venus's standard interest-bearing token mechanics:

  1. Deposit USDT (BEP-20) and receive vUSDT tokens representing your position
  2. The vUSDT/USDT exchange rate increases continuously as interest accrues
  3. Your vUSDT balance remains constant while its USDT value grows
  4. Redeem vUSDT at any time to receive your USDT plus earned interest
Stablecoin Dynamics: USDT markets typically run at higher utilization than volatile assets, meaning more of the pool is actively borrowed. This translates to better yields for suppliers, but also means liquidity may be tighter during market stress.

What Assets Are Involved

Supply Asset: USDT (Tether USD) - BEP-20 version of the largest stablecoin Receipt Token: vUSDT - interest-bearing Venus deposit token Peg: USD-pegged stablecoin backed by Tether reserves

Common USDT borrowing use cases on Venus:

  • Funding leveraged positions without selling crypto holdings
  • Stablecoin arbitrage between BNB Chain and other networks
  • Dollar cost averaging into volatile assets
  • Trading capital for centralized and decentralized exchanges
  • Payment and settlement operations

Why Supply USDT on Venus?

Stablecoin lending offers attractive risk-adjusted returns. You maintain dollar exposure while earning yield from borrower demand. Venus's USDT market benefits from BNB Chain's low transaction costs, enabling efficient rate adjustments and quick position management.

Risk Disclosures

Smart Contract Risk: Venus contracts have been audited and battle-tested since 2020, but no protocol is completely immune to vulnerabilities. Stablecoin Risk: USDT depends on Tether Limited's reserve management and regulatory compliance. Depegging events, while historically brief, could affect the market. Utilization Risk: During volatile markets, USDT borrowing demand can spike, pushing utilization near 100% and temporarily limiting withdrawals. Oracle Risk: Venus uses Chainlink price feeds. Stablecoin price deviations could theoretically affect collateral calculations. Regulatory Risk: Stablecoins face evolving regulatory scrutiny globally. Changes in USDT's operating environment could impact availability. Bridge Risk: USDT on BNB Chain is bridged from other networks. Bridge security is an additional consideration. Counterparty Risk: High utilization means your deposits are actively lent out. Systemic borrower defaults (unlikely given overcollateralization) could theoretically impact the pool.

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Disclaimer: APY and TVL figures are based on on-chain data and may fluctuate. Past performance does not guarantee future results. DeFi investments carry smart contract, market, and liquidity risks. This content is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.

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