Venus SXP

Venus SXP PriceVSXP

₹0.000190
₹0.0000000698619696358320.076986+0.04%

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Venus SXP Price Today

Current VSXP/INR real-time price is ₹0.00019, with a 24-hour change rate of +0.04% and a 7-day change rate of -0.00%. VSXP currently ranks #8020 globally by market cap, with a total market cap of ₹2.583525K, a fully diluted valuation (FDV) of ₹2.583218K, and a 24-hour trading volume of ₹0. In terms of supply, VSXP has a maximum supply of ∞, a current circulating supply of 1.36Cr, with 100.00% already in circulation and 0.00% remaining to be unlocked.

About Venus SXP

What is Venus SXP (VSXP)?

Venus SXP (VSXP), also referred to as vSXP, is a cryptocurrency token that operates on the BNB Smart Chain (BEP20) platform. It forms an integral part of the Venus Protocol, which is described as an algorithmic money market and synthetic stablecoin decentralized finance protocol. The Venus Protocol operates exclusively on Binance Smart Chain and is designed to bring a secure, reliable, and efficient experience to users engaging in decentralized lending and borrowing activities.

Venus SXP functions within a broader ecosystem that includes algorithmic-based money market systems. The token itself is tied to the Venus Protocol's operations, which focus on creating a decentralized financial infrastructure. According to available data, the token's supply figures vary across different sources, with circulating supply reported at approximately 13.57 million to 13.6 million vSXP by several platforms, while other sources list significantly higher figures. The project has been active since December 11, 2020, and maintains an official presence through its website and dashboard application.

Key Specifications & Tokenomics

  • Name: Venus SXP
  • Ticker / Symbol: VSXP (also referred to as vSXP)
  • Blockchain / Platform: BNB Smart Chain (BEP20)
  • Category: DeFi, BNB Chain Ecosystem, Rehypothecated Crypto
  • Start Date: Dec. 11, 2020
  • Official Website: https://venus.io
  • Dashboard / Application: https://app.venus.io/dashboard
  • Twitter: https://twitter.com/VenusProtocol
  • Explorer: bscscan.com
  • CertiK Rating: 3.0
  • Circulating Supply: 13.57M vSXP (CoinMarketCap), 13.58M vSXP (Crypto.com), 13.6M (Binance), 13,598,973 vSXP (Bitget)
  • Total Supply: 13.57M vSXP (CoinMarketCap), 13.58M vSXP (Crypto.com), 13,598,972.93 vSXP (Bitget), 14M (LiquidityFinder)
  • Max Supply: 0 vSXP (Bitget)
  • Holders: 2.05K

Who created Venus SXP?

Detailed public information regarding the specific founders or creators of Venus SXP is currently limited. The Venus Protocol operates as a decentralized finance project on the BNB Smart Chain, and while the protocol itself has an established governance structure and documentation, the identities of the individuals or teams behind the creation of Venus SXP are not prominently disclosed in the available references. The project is associated with the broader Venus Protocol ecosystem, which has been active since December 2020 and maintains official communication channels including a website and Twitter account.

How does Venus SXP work?

Venus SXP operates within the Venus Protocol, which functions as an algorithmic money market and synthetic stablecoin decentralized finance protocol. The protocol operates exclusively on Binance Smart Chain, providing a decentralized environment for lending and borrowing activities. The algorithmic-based money market system is designed to bring a secure, reliable, and efficient experience to users. The token is built on the BNB Smart Chain (BEP20) standard, which enables it to interact with other assets and applications within the BNB Chain ecosystem.

The Venus Protocol's governance framework includes tokenomics versions and improvement proposals that shape its operational model. For instance, Tokenomics version 4.1 established the current model, and VIP-585 ended the BNB Burn allocation and introduced chain-revenue eligibility rules. The protocol's native governance token, XVS, has its own tokenomics context with a circulating supply of approximately 16.8 million tokens and a total supply of 30 million tokens. Venus SXP functions as part of this broader ecosystem, facilitating participation in the decentralized money market.

What makes Venus SXP unique and valuable?

Venus SXP derives its uniqueness from its integration with the Venus Protocol, an algorithmic money market and synthetic stablecoin decentralized finance protocol that operates exclusively on Binance Smart Chain. The protocol's focus on creating a secure, reliable, and efficient experience for users in the decentralized finance space positions it within the growing BNB Chain ecosystem. The token is categorized under DeFi, BNB Chain Ecosystem, and Rehypothecated Crypto, reflecting its role in the decentralized financial infrastructure.

The Venus Protocol's governance structure, including tokenomics versions and improvement proposals, demonstrates an evolving framework designed to adapt to the needs of its community. The protocol's exclusive operation on Binance Smart Chain allows it to leverage the speed and efficiency of that blockchain while participating in the broader decentralized finance movement. The token's association with a protocol that has been active since 2020 and maintains a CertiK rating of 3.0 provides a measure of established presence within the cryptocurrency space.

What is Venus SXP used for?

Venus SXP serves as an integral part of the Venus Protocol, an algorithmic-based money market system designed to bring a secure, reliable, and efficient experience to users. The token operates on the BNB Smart Chain (BEP20) platform and is used within the decentralized finance ecosystem for activities related to lending, borrowing, and participation in the money market. As part of the Venus Protocol, VSXP contributes to the functioning of a decentralized money market and stablecoin platform that operates exclusively on Binance Smart Chain.

The token's utility is tied to the broader operations of the Venus Protocol, which includes algorithmic money market mechanisms and synthetic stablecoin functionalities. Users engaging with the Venus ecosystem may utilize VSXP in conjunction with other assets supported by the protocol. The token also appears in various conversion pairs on platforms like Crypto.com, including vSXP to AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW, indicating its availability for trading and conversion against multiple fiat currencies.

How Is the Venus SXP ecosystem developing?

The Venus SXP ecosystem is developing within the broader context of the Venus Protocol, which has undergone governance updates including Tokenomics version 4.1 and VIP-585. These developments have shaped the current tokenomics model and introduced chain-revenue eligibility rules. The protocol maintains documentation through its official channels, including docs-v4.venus.io, which outlines governance and tokenomics details. The Venus Protocol's native governance token, XVS, has its own tokenomics structure with a circulating supply of approximately 16.8 million tokens and a total supply of 30 million tokens, indicating an active and evolving ecosystem.

The ecosystem is supported by various third-party data sources and price pages, including Yahoo Finance, Crypto.com, Coinbase, LiquidityFinder, Binance, CoinGecko, CoinMarketCap, Bybit, LiveCoinWatch, Bitget, CoinCarp, BeInCrypto, Messari, and CryptoTracker. Community engagement is facilitated through the official Twitter account and the CoinMarketCap community section. The protocol's presence across multiple data platforms and its ongoing governance activities suggest continued development and adaptation within the decentralized finance landscape.

How to mine Venus SXP?

Venus SXP operates on the BNB Smart Chain (BEP20) platform, which utilizes a proof-of-stake consensus mechanism rather than traditional mining. As such, VSXP is not mined through computational power in the way proof-of-work cryptocurrencies are. Instead, tokens on the BNB Smart Chain are typically acquired through participation in the network's ecosystem, trading on supported platforms, or through staking and other decentralized finance activities.

Users interested in acquiring Venus SXP can do so through various methods, including purchasing on supported platforms or through wallet services. Atomic Wallet, for example, supports buying Venus SXP with credit or debit cards, bank transfers, Apple Pay, and Google Pay. The acquisition process typically involves installing a compatible wallet, verifying identity with a photo ID, and then purchasing the desired amount of VSXP. The token can also be traded on platforms where it is listed, although some sources indicate that VSXP tokens have stopped trading on certain exchanges listed on CoinGecko.

How to keep your Venus SXP Coin safe?

Keeping Venus SXP safe involves using secure wallet solutions and following best practices for cryptocurrency storage. Atomic Wallet supports Venus SXP alongside more than 300 other assets, including Ethereum, XRP, and USDT, and is available on Windows, MacOS, Ubuntu, Debian, and Fedora, with Windows 10 and 11 supported. Users should ensure they download wallet software from official sources and verify the authenticity of any application before use.

When acquiring Venus SXP, users may be required to verify their identity with a photo ID, which adds a layer of security to the transaction process. It is advisable to store tokens in a wallet where the user controls the private keys, rather than leaving them on exchanges. Additionally, users should be cautious of phishing attempts and only interact with official websites and communication channels, such as the Venus Protocol website and Twitter account. Regularly updating wallet software and using strong, unique passwords further enhances the security of holding Venus SXP tokens.

How to Buy and Use Venus SXP

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsVenus SXP is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Venus SXP products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for VSXP are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Venus SXP FAQs

What is the live price, market cap, and 24h volume of Venus SXP (VSXP)?

As of right now, the live price of Venus SXP (VSXP) is ₹0.00019. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated VSXP to USD rate at the top of BTCC’s price page. In terms of market scope, Venus SXP records a 24h trading volume of ₹0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹2.583525K. Its current circulating supply stands at 1.36Cr out of a maximum supply cap of ∞.

Why does the price of Venus SXP (VSXP) fluctuate, and what drives its volatility?

The price volatility of Venus SXP (VSXP) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (1.36Cr) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Venus SXP (VSXP)?

Looking at its historical price performance, Venus SXP (VSXP) hit an all-time high (ATH) of ₹11.102917 on 2021-05-03 18:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.000019 on 2026-08-05 08:40. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Venus SXP (VSXP) price chart for futures trading?

When trading VSXP futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹0), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Venus SXP (VSXP) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s VSXPUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Venus SXP, simply log into your BTCC account with USDT margin available, navigate to the VSXPUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Venus SXP (VSXP) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for VSXPUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practice Venus SXP (VSXP) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹0.00019), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for VSXPUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Venus SXP (VSXP) on BTCC?

Trading Venus SXP (VSXP) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for VSXPUSDT, and review its live price (₹0.00019) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.