$XVS Today, February 8, 2026, the Venus Protocol (XVS) is showing signs of a slow but steady recovery. After a brutal end to January that saw the token drop nearly 30% due to a massive whale liquidation, XVS has established a local floor and is currently trading in a green zone.
📉 Recovery from the "Whale Hangover"The protocol has successfully moved past the January 29 liquidation event where 287,000 XVS (approx. $930,000) was dumped on the market.Protocol Health: The system handled the liquidation without generating bad debt, which has restored some institutional confidence.Total Value Locked (TVL): Venus remains the #2 DeFi platform on the BNB Chain with a TVL of roughly $1.74 Billion, proving that liquidity providers haven't fled despite the price volatility.
🚀 Key Ecosystem Updates (Feb 8)The "New Wave" Launch:
Following the February 4 update, Venus has introduced a more aggressive USDC staking model. Recent reports indicate APYs in certain stability pools have spiked to attract new capital following the "flash crash" scare.VIP-515 (BNB Afterburn): The community is currently focused on the first quarter's revenue burn. This mechanism uses 25% of protocol revenue to buy back and burn tokens, which is beginning to create a deflationary "price floor" for XVS.Governance Activity: A new proposal is being debated to adjust the Collateral Factor (CF) for high-cap assets like BTC and ETH to prevent further "cascading liquidations" similar to the one seen last month.
The Bottom Line: XVS is currently in a "Repair Phase." The protocol is fundamentally sound, but the price is still recovering from the technical damage of the late-January crash. If Bitcoin remains stable above $70,000, XVS is positioned to retest its monthly high of $3.78 by next week.