The crypto market has been considerably volatile in 2025, but the native token (XVS) of Venus Protocol is one of the best recovery stories entering 2026. The governance token experienced a massive drop in value in October 2025; however, according to technical analysis, it looks like a ‘textbook’

Although the January IPO market was relatively quiet, companies like Deyang Energy and AXBVISS are about to launch public offerings. The active market in December last year laid the foundation for a rebound in the first half of this year, and it is expected that several well-known companies will go public successively. Market analysis shows that liquidity remains stable and IPO demand is strong, making future development worth watching.

According to Mars Finance, Binance Spot data shows that the market has experienced significant fluctuations. LAYER has fallen by 27.47% in the past 24 hours, while NXPC has risen by 16% and reached a new high for today. Additionally, AUDIO and SANTOS have both shown a "high pullback" state, with 24-hour declines of 9.31% and 12.7%, respectively. HIGH has also experienced a "small drop in 2 hours" with a decline of 10.49%. The remaining tokens DUSK and BICO have reached new lows for today and shown a "high pullback" state, with declines of 5.48% and 6.5%. Meanwhile, ALLO has risen by 5.71% in the past 24 hours and shown a "bottoming rebound" state, while XVS has slightly increased by 5.09% within 5 minutes.

The decentralized lending protocol Venus Protocol (XVS) experienced a major security incident on September 2, when a user lost nearly $27 million due to a phishing attack, prompting the platform to suspend operations urgently. As a result, the price of XVS fell to $6.09 on September 3, with a daily drop of 8.47%, triggering panic in the market.

The DeFi protocol Venus Protocol was attacked by hackers this afternoon (2nd), with current losses estimated at around $30 million. (Background: Odin.fun was hacked for about 60 BTC! The founder admitted "there are not enough funds to compensate" and pointed to Chinese hackers) (Additional background: Your computer is helping hackers mine Bitcoin! 3,500 websites have been implanted with "mining scripts," invisibly hijacking users without their awareness) According to the latest news from @bwenews, the DeFi protocol Venus Protocol was attacked by hackers this afternoon (2nd), with current losses estimated at around $30 million. BWENEWS: Venus got exploited for $30m Formula News: