The post The Secret Recipe Behind Venus Protocol’s Omnichain Growth appeared on BitcoinEthereumNews.com.

Since its launch in 2020, Venus Protocol has established itself as one of the most trusted decentralized lending platforms. Building on this foundation, Venus continues to expand across multiple networks while enhancing its governance model and risk management to strengthen its omnichain presence. Now in 2025, Venus is taking its growth even further with new deployments, enhanced security measures, and a restructured financial model that reinforces its commitment to decentralization and transparency. Venus Goes Omnichain—Scaling Beyond BNB Chain Into New Ecosystems One of Venus’ most notable achievements is its continued dominance as the leading lending protocol on BNB Chain. According to data from DeFiLlama, as of the time of writing, the protocol holds nearly  $2.28 billion in total value locked (TVL) on BNB Chain alone. This milestone further reinforces Venus’ position as one of the strongest and most widely used lending platforms in the ecosystem. While maintaining its stronghold on BNB Chain, Venus has also expanded into new blockchain ecosystems, including Ethereum, Base, Optimism, Arbitrum, and ZKSync.  But Venus is not just expanding—it is also deepening its presence within them. For instance, on ZKSync, Venus introduced lending markets for USDC, USDT, WBTC, ZK, wUSDM and WETH, taking advantage of the network’s low-cost, high-speed infrastructure to make decentralized lending more accessible without compromising security. Alongside this, Venus launched the Venus IGNITE campaign, an initiative designed to turn ZKSync Era into a major liquidity hub. Through this campaign, 300 million ZK will be distributed over nine months. The first phase, running from January 6 to March 31, 2025, will allocate 100 million ZK to reward liquidity providers and traders. These efforts are already showing results. Venus’ TVL on ZKSync has surpassed $65 million, making it the protocol’s second-largest source of locked assets. The Three Pillars of Venus DAO Governance Driving Its Growth…

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Filed under: News - @ February 24, 2025 1:23 pm