Venus Core Pool
Best for independently tracked protocol
How it rates
- Audit report linked from a public dataset
- TVL of $1,081m recorded independently
- No accounting methodology published at this check
Each indicator scores 2, 1 or 0. A pillar is the points earned over the points available; the overall score is the weighted sum. Every source below is public — check any of them yourself.
- MetIndependent audit report linked publicly
Audit report linked from the public protocol dataset.
www.certik.org/projects/swipe - Met
- MetTracked by an independent analytics platform
Listed with published TVL and history.
defillama.com/protocol/venus-core-pool - Not metAccounting methodology published in the dataset
No methodology published at this check.
defillama.com/protocol/venus-core-pool - MetApplication reachable at a public address
Reachable without an account at this check.
app.venus.io/#/core-pool
- MetApplication reachable without an account
Reachable without an account at this check.
app.venus.io/#/core-pool - MetProtocol economics published independently
TVL and change history published.
defillama.com/protocol/venus-core-pool - Not met
- PartialFee or reward model documented publicly
Application reachable for review; specific rates not captured at this check.
app.venus.io/#/core-pool - MetNo account required to reach the application
Reachable without an account at this check.
app.venus.io/#/core-pool
- MetTotal value locked published independently
TVL $1,081m at this check.
defillama.com/protocol/venus-core-pool - Met
- Met
- Met
- PartialListed on the dataset for over a year
Listing date recorded in the dataset.
defillama.com/protocol/venus-core-pool
- MetIndependent analytics page published
Public protocol page with history.
defillama.com/protocol/venus-core-pool - Met
- Met
- Met
- Not met
- Met
- Met
- Met
- Not met
- Met
A long-running BNB Chain lending market holding $1.08bn across eight chains, restructured with isolated pools after a 2021 price manipulation incident.
Our assessment
Venus holds $1.08bn across eight chains with two audits and reports linked. It is one of the longest-running lending markets on BNB Chain, and its design today reflects a 2021 incident in which price manipulation of a listed collateral asset produced substantial bad debt.
What happened in 2021
A large holder used an inflated price on a thinly traded collateral asset to borrow far more than the position warranted, leaving the protocol with bad debt when the price corrected. It is the canonical illustration of why collateral listing is the most dangerous decision a lending protocol makes — the code worked exactly as written.
Isolated pools were the answer
Venus subsequently separated riskier assets into isolated pools so that a manipulated collateral cannot reach lenders of blue-chip assets. Aave reached the same conclusion independently. When two protocols converge on the same structural fix after losing money the same way, that is the industry learning something.
Long operation is its own evidence
Surviving multiple cycles, a major incident and the remediation that followed is a track record no new protocol can produce. Two audits with linked reports and multi-chain deployment support the rest of the picture.
Who it suits
Venus fits BNB Chain users who want an established, audited lending market and will check which pool an asset sits in. Users wanting the deepest markets overall should use Aave.
How rivals compare
Frequently asked
Does this score mean Venus Core Pool is safe?
No. It measures what an outsider can verify: linked audits, published methodology and independently recorded market data. Contract risk is not tested by us.
Where do the TVL and audit figures come from?
A public analytics dataset queried at the verification date, plus the audit reports it links. Both are re-runnable by anyone.
Why do some protocols score zero on audits?
Because no audit report is linked in the public record. The indicator records what a user can reach, not a claim that no audit exists.