$XVS Today, February 1, 2026, the Venus Protocol (XVS) is navigating a high-volatility period following a significant market flush late last week. While the protocol itself is showing fundamental strength and preparing for a major launch, the price is currently in a "wait-and-see" recovery phase.
💰 Price Snapshot
Current Price: Approximately $3.23 – $3.36
24-Hour Change: Recovering slightly (+3.7%) after a brutal 30–40% drop earlier this week.
Critical Support: The $3.10 – $3.20 zone is the "line in the sand." If it holds, analysts expect a technical bounce. If it fails, the next support is near $2.50.
📉 Why the Recent Crash?
The recent price drop from $5.30 to nearly $3.00 was largely driven by a massive whale liquidation.
A major trader used XVS as collateral to borrow 1.4M USDT to buy even more XVS.
When the price dipped, the protocol's automated system liquidated 287,000 XVS (approx. $930k), which flooded the market and triggered a chain reaction of sell orders.
The Silver Lining: The protocol handled the liquidation perfectly without incurring "bad debt," proving that Venus's risk management systems are robust even under extreme stress.
🚀 Key Updates & Upcoming Catalysts
Despite the price volatility, there are three major "bullish" developments on the immediate horizon:
"Save the Date" (Feb 4, 2026): Venus has teased a "New Wave of DeFi" coming to the BNB Chain on February 4. This is rumored to be a new product integration or incentive program that could drive demand for XVS.
Venus X Launch (Q1 2026): The protocol is preparing to launch Venus X, a next-gen lending model designed for extreme capital efficiency and higher LTVs (Loan-to-Value) with lower liquidation penalties.
Revenue Burn (VIP-515): The protocol is implementing its quarterly "Afterburn," where 25% of protocol revenue is used to buy back and burn tokens, creating deflationary pressure.
⚖️ Technical Analysis Summary
Sentiment: Bearish/Neutral short-term (due to the liquidation "hangover"), but Bullish long-term.
RSI: Currently near oversold territory, suggesting the selling pressure may be exhausted for now.
Trend: The 200-day moving average is still sloping upward, indicating the long-term trend isn't broken yet, but XVS needs to reclaim the $4.40 level to confirm a trend reversal.