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View ChartVDAI is a yield-bearing token that represents a user's supplied DAI stablecoin within the Venus Protocol, a leading decentralized finance (DeFi) lending and borrowing platform on the BNB Chain.
Key takeaways
VDAI is a Venus Market token (vToken) that accrues interest for suppliers of DAI on the Venus Protocol.
| Item | Details |
|---|---|
| Name (Ticker) | Venus DAI (VDAI) |
| Alternative Names | vDAI |
| Consensus Mechanism | N/A (Issued on BNB Chain, which uses Proof of Staked Authority) |
| Smart Contracts | Yes (BNB Chain BEP-20) |
| Category | DeFi (Decentralized Lending) |
| Hash Algorithm | N/A |
| Block Reward | N/A |
| Max Supply | Variable (Minted/Burned based on DAI supply/withdrawal) |
| TPS | Dependent on BNB Chain |
| Scaling Solution | BNB Chain |
| Blockchain | BNB Chain |
The Venus DAI token was created by the developers of the Venus Protocol. Venus was founded by a pseudonymous developer or team known as "Swipe Wallet," which later integrated with the Binance ecosystem. The protocol is now governed by the Venus community through a decentralized autonomous organization (DAO), where holders of the protocol's native governance token, XVS, vote on key parameters and upgrades. The core team and community maintain and develop the smart contracts that govern the minting and burning of VDAI and other vTokens.
VDAI operates as the core interaction point for DAI within the Venus money market. Here's the process:
VDAI's value proposition is tied directly to the Venus Protocol's features:
The primary use cases for VDAI are centered around decentralized finance activities:
VDAI is a specialized DeFi token primarily interacted with directly on the Venus Protocol. For trading, it's available on several decentralized exchanges (DEXs). However, for a secure and straightforward process to acquire the underlying DAI first, using a major centralized exchange like BTCC is recommended.
The price of Venus DAI (VDAI) by 2030 remains uncertain, as its future value depends on regulatory shifts, tech upgrades, and global adoption. While various forecast models offer long-term estimates, these projections vary widely, and there is no unified market consensus.
Instead of relying on a single absolute figure, experienced traders typically combine multiple data sources. You can explore BTCC's in-house algorithmic prediction models and follow the exclusive technical analysis reports published by our BTCC Academy analysts for real-time, structural market insights. It is also highly effective to cross-reference data from leading third-party platforms, such as CoinCodex for historical-algorithmic modeling, DigitalCoinPrice for technical analysis trends, and WalletInvestor for community-driven sentiment forecasts.
At BTCC, we encourage you to view these long-term projections as sentiment indicators rather than absolute facts, and focus on understanding Venus DAI's core fundamentals. Leverage our deep liquidity and secure trading terminal to execute your strategies with complete peace of mind.
Venus DAI (VDAI) price depends on many factors, including market demand, adoption, Cryptocurrency regulations, technological development and overall conditions in the cryptocurrency market.
No one can guarantee how high Venus DAI will go, not even market forecasts from analysts and experts. Investors should follow market trends, project progress, and broader crypto industry growth when evaluating potential price movements.
It is impossible to predict with certainty whether Venus DAI will crash. Like most cryptocurrencies, Venus DAI (VDAI) price can experience both rapid increases and sharp corrections.
Market sentiment, investor behavior, regulations, and overall crypto market performance can all influence the price. However, the risk of a significant drop may increase if you notice the following warning signs:
Monitoring market trends and project updates can help investors better understand potential risks.
There is no perfect timing. Whether now is a good time to buy Venus DAI(VDAI) depends on your investment strategy, risk tolerance, and market outlook. Some investors look at price trends, technical indicators, and project fundamentals before making a decision.
Since cryptocurrency prices can move quickly, it’s important to do your own research and consider both short-term volatility and long-term potential:
Buying Venus DAI involves risk, and no cryptocurrency is completely safe. Like any cryptocurrency, VDAI is volatile, which means Venus DAI (VDAI) price can change quickly.
Before buying Venus DAI, it’s important to research the project, understand its use case, check market conditions, and only invest money you can afford to lose.
Using trusted exchanges like BTCC and secure wallets can also help reduce potential risks.
The price of Venus DAI (VDAI) may go down for several reasons. Cryptocurrency prices are highly volatile and can change due to shifts in market sentiment, broader crypto market trends, macroeconomic events, regulatory news, or large sell-offs by investors.
Short-term VDAI price declines do not always reflect the long-term potential of Venus DAI. To better understand price movements, it is helpful to consider factors such as overall market conditions, project updates, trading volume, and investor demand before making any investment decisions.
Venus DAI's price is increasing due to demand outstripping supply, fueled by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.
Venus DAI(VDAI) has historically grown over time but is volatile. Investment depends on risk tolerance and long-term strategy.
Predicting the exact timing of a Venus DAI crash is impossible, as the market is influenced by a complex mix of global economics, regulation, and investor sentiment.
For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.
The Venus DAI All-Time Low (ATL) price was $0.01948, recorded on 2023-03-11 07:45. This stands as the lowest price for Venus DAI(VDAI) on record.
The Venus DAI All-Time High (ATH) was $0.03120, recorded on 2021-11-17 05:05. This represents the highest price Venus DAI has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live VDAI price for the most up-to-date information.
Venus DAI(VDAI) currently has a circulating supply of 274.54M, with its maximum supply capped at ∞.
The current market cap of Venus DAI(VDAI) is $7.17M. The market cap of a cryptocurrency refers to its total circulating supply multiplied by its current price.
Venus DAI's 24h trading volume is $0, representing the total value of all Venus DAI(VDAI) bought and sold across exchanges in the past 24 hours.
The current Venus DAI price is $0.02613. As the VDAI price changes constantly, BTCC offers real-time VDAI to USD prices that can be accessed at the top of our crypto price page.