BNB Chain-based (former Binance Smart Chain) lending/borrowing platform Venus Protocol (XVS) has been integrated with Coinbase Wallet, a self-custody digital assets wallet provided by the eponymous U.S. crypto exchange.
“We do love our DeFi. Our integration with Venus Protocol, the top borrowing/lending protocol on BNB Chain is now complete!,” Coinbase announced yesterday.
We do love our DeFi.
Our integration with @VenusProtocol, the top borrowing/lending protocol on @BNBCHAIN is now complete! pic.twitter.com/5kvduWHMR0
— Coinbase Wallet (@CoinbaseWallet) March 24, 2022
Venus is one of BNB Chain’s flagship “killer dapps” that touts itself as “a fast, low-cost and decentralized lending system” that “allows borrowers to borrow funds using $XVS and 22 other currencies as collateral.”
According to decentralized finance (DeFi) metrics platform DeFi Llama, Venus is currently the second-largest protocol in the Binance ecosystem by the total value locked (TVL) on it. At p
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