Venus LINK

Venus LINK PriceVLINK

$0.24469
$0.000753+0.31%

Last updated:--

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Venus LINK Price Today

Current VLINK/USD real-time price is $0.24469, with a 24-hour change rate of +0.31% and a 7-day change rate of -3.18%. VLINK currently ranks #1080 globally by market cap, with a total market cap of $7.528734M, a fully diluted valuation (FDV) of $7.528734M, and a 24-hour trading volume of $0. In terms of supply, VLINK has a maximum supply of ∞, a current circulating supply of 30.91M, with 100.00% already in circulation and 0.00% remaining to be unlocked.

About Venus LINK

What is Venus LINK (VLINK)? Key Specifications & Tokenomics

Venus LINK (VLINK) is a BEP-20 token on BNB Smart Chain that represents collateral supplied to the Venus Protocol. It enables participation in decentralized lending and borrowing on the BNB Chain. Venus enables users to utilize their cryptocurrencies by supplying collateral to the network that may be borrowed by pledging over-collateralized cryptocurrencies.

When users supply LINK to the Venus Protocol, they receive VLINK tokens representing their supplied position; the amount is determined by the protocol's current exchange rate. These vTokens are not just receipts; they are dynamic assets that accrue interest over time as the supplied LINK is borrowed by other users. The VLINK-to-LINK exchange rate reflects accrued interest and can rise or fall depending on market utilization and liquidity conditions; VLINK is redeemable for the corresponding amount of LINK under the protocol's current exchange rate. Rates and liquidity are not guaranteed and depend on borrower demand and protocol parameters. This mechanism allows VLINK holders to benefit from the lending market's activity. Furthermore, VLINK can be used as collateral to borrow other cryptocurrencies, enabling leveraged strategies or access to liquidity without selling the underlying LINK position.

ItemDetails
Name (Ticker)Venus LINK (VLINK)
Alternative NamesvLINK
Contract Address0x650b940a1033b8a1b1873f78730fcfc73ec11f1f (BscScan: https://bscscan.com/token/0x650b940a1033b8a1b1873f78730fcfc73ec11f1f)
Start Date2020-12-14 (per Yahoo Finance)
Consensus MechanismN/A (Issued on BNB Smart Chain)
Smart ContractsYes (BEP-20)
CategoryDeFi, Lending & Borrowing, BNB Chain Ecosystem
Hash AlgorithmN/A
Block RewardN/A
Total Supply30.9M vLINK
Circulating Supply30.91M vLINK (100% of total)
Max SupplyNot defined (N/A). Supply of VLINK changes with LINK deposits and withdrawals on the Venus Protocol.
TPSInherits from BNB Smart Chain
Scaling SolutionBNB Smart Chain
BlockchainBNB Smart Chain (BSC)

Who created Venus LINK (VLINK)?

Venus LINK is minted algorithmically by the Venus Protocol's smart contracts on BNB Smart Chain. The protocol is community-governed through the XVS governance token. Venus LINK is issued by the Venus Protocol's smart contracts on BNB Smart Chain; governance details are not covered by the available sources.

How does Venus LINK (VLINK) work?

VLINK operates through the Venus Protocol's smart contract system on the BNB Chain. The process is automated and trustless.

  • Minting VLINK: When a user deposits LINK into the Venus Protocol, the platform's smart contracts lock the LINK and mint VLINK tokens to the user's wallet. The amount of VLINK minted is based on the current VLINK-to-LINK exchange rate.
  • Earning Interest: The supplied LINK is added to a communal liquidity pool. As other users borrow LINK from this pool, they pay interest. This interest is distributed to all suppliers proportionally by increasing the VLINK-to-LINK exchange rate over time. Users don't receive more VLINK tokens; instead, each VLINK token becomes redeemable for more LINK.
  • Collateral for Borrowing: VLINK tokens held in a user's Venus account can be used as collateral. Users can borrow other supported assets (like USDT or BNB) up to a percentage of their collateral's value, known as the collateral factor. This allows for leveraged positions or accessing funds without selling LINK.
  • Redeeming LINK: To withdraw their original LINK plus accrued interest, users return their VLINK tokens to the Venus Protocol smart contract. The contract then burns the VLINK and releases the corresponding amount of LINK based on the current exchange rate.

What makes Venus LINK (VLINK) unique and valuable?

VLINK's value proposition is tied directly to the utility and security of the Venus Protocol.

  • Capital Efficiency: VLINK transforms idle LINK holdings into productive assets. Instead of just holding LINK, users can earn a yield on it while still maintaining exposure to its price potential.
  • Composability: As a BEP-20 token, VLINK is technically compatible with BNB Chain DeFi applications; actual integrations are not documented in available sources.
  • Programmable Collateral: The ability to use VLINK as collateral to borrow other assets is a powerful DeFi primitive. It enables users to create leveraged long positions on LINK, short other assets, or access liquidity without selling the underlying LINK position.
  • Exchange Rate Tracking: VLINK tracks the value of supplied LINK through the protocol's exchange rate; this value depends on borrower demand, liquidity and protocol parameters and is not a fixed peg. The token's market price can deviate from its underlying value.

What is Venus LINK (VLINK) used for?

VLINK serves several key functions within the decentralized finance ecosystem on BNB Chain.

  • Passive Income Generation: The primary use is to earn interest on LINK holdings. Users supply LINK, receive VLINK, and watch their claim on the underlying asset grow over time as interest accrues.
  • Collateralization for Loans: Users can deposit VLINK as collateral to take out loans in stablecoins or other cryptocurrencies. This is useful for accessing cash, funding other investments, or implementing advanced trading strategies without liquidating LINK holdings.
  • Liquidity Provision: While VLINK itself is not a typical liquidity pool (LP) token, it represents liquidity provided to the Venus Protocol's LINK market. By holding VLINK, users are effectively providing liquidity for borrowers, facilitating the core lending function of the protocol.
  • DeFi Integration: As a standardized BEP-20 token, VLINK is technically compatible with BNB Chain DeFi applications; actual integrations are not documented in available sources.

How to buy VLINK Coin?

Venus LINK is primarily obtained by supplying LINK on the Venus Protocol; secondary trading is limited, with only 1–2 active markets reported by public sources. To acquire LINK, buy it on a centralized exchange that supports BNB Chain, then withdraw it to a Web3 wallet (such as MetaMask) configured for BNB Chain. Connect to the Venus Protocol app, supply your LINK, and you will receive VLINK tokens in return.

  1. Buy LINK: Purchase LINK on a centralized exchange that supports BNB Chain.
  2. Withdraw to a Web3 Wallet: Send the LINK to a Web3 wallet (such as MetaMask) configured for BNB Chain.
  3. Supply LINK on Venus: Connect your wallet to the Venus Protocol app and supply your LINK to receive VLINK tokens.

To view VLINK in MetaMask, import the token using contract address 0x650b940a1033b8a1b1873f78730fcfc73ec11f1f on BNB Smart Chain; Binance Web3 Wallet can also connect to decentralized exchanges to obtain Venus LINK.

Risks and Considerations

VLINK's value and yield depend on borrower demand, liquidity and protocol parameters, and its market price can deviate from its underlying value. Rates and liquidity are not guaranteed. Regulatory treatment of DeFi and digital assets varies by jurisdiction and may change. Smart contract and platform risks also apply to any use of the Venus Protocol. This article is for reference only and does not constitute investment advice.

How to Buy and Use Venus LINK

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 LINK is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Venus LINK products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for VLINK 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 LINK FAQs

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

As of right now, the live price of Venus LINK (VLINK) is $0.24469. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated VLINK to USD rate at the top of BTCC’s price page. In terms of market scope, Venus LINK records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $7.528734M. Its current circulating supply stands at 30.91M out of a maximum supply cap of ∞.

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

The price volatility of Venus LINK (VLINK) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (30.91M) 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 LINK (VLINK)?

Looking at its historical price performance, Venus LINK (VLINK) hit an all-time high (ATH) of $1.063213 on 2021-05-10 00:10, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.108434 on 2022-06-13 09:10. 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 LINK (VLINK) price chart for futures trading?

When trading VLINK 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 LINK (VLINK) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s VLINKUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Venus LINK, simply log into your BTCC account with USDT margin available, navigate to the VLINKUSDT 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 LINK (VLINK) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for VLINKUSDT 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 LINK (VLINK) 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: $0.24469), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for VLINKUSDT with zero financial risk.

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

Trading Venus LINK (VLINK) 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 VLINKUSDT, and review its live price ($0.24469) 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.

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