A strategic soft merger proposal has been made by THENA, the trading hub and liquidity layer based on BNB Chain, with Venus Protocol, one of the biggest lending and borrowing platforms in the ecosystem. Pending Venus DAO approval, the initiative will establish an integrated DeFi ecosystem that simplifies lending, borrowing, and trading, establishing the merged company as the top “DeFAI SuperApp” on the BNB Chain.
The merger creates a all-in-one DeFi hub by combining Venus’ lending and borrowing capabilities with THENA’s extensive liquidity infrastructure. This initiative promotes wider use of DeFi across the BNB Chain ecosystem while also improving user experience and capital efficiency.
Theseus, CEO and Co-founder of THENA stated:
“Our goal is to create a seamless experience where users can trade, provide liquidity, lend, borrow, and optimize yield—all in one place. This merger is about unlocking new synergies that elevate DeFi accessibility and efficiency within the wider BNB community, while upholding the decentralization and security principles that both protocols stand for.”
Through Venus’ lending markets, users will be able to earn passive income by providing liquidity on THENA thanks to the proposed merger’s improved yield opportunities. Venus’ lending pools will be supported by THENA’s liquidity engine, which will reduce slippage and increase capital efficiency for both lenders and borrowers. A suite of DeFi services will also be accessible to new companies via an integrated launchpad, allowing for smooth token releases with integrated lending and trading support.
By integrating Web3 banking, the partnership streamlines on/off ramps and increases the accessibility of decentralized finance for mainstream users. Additionally, users can now implement sophisticated trading and yield strategies without needing extensive technical knowledge thanks to the introduction of an AI-powered automation layer.
Danny at Venus Protocol stated:
“This collaboration represents a pivotal moment for DeFi on BNB. By uniting our relative strengths, we are pushing the envelope of what’s possible in DeFi and providing users with an unmatched experience.”
As the governance process progresses, the Venus and THENA teams will give further information. In the next weeks, further information about the proposal and the implementation plan will be released.
THENA, which combines spot and perpetual markets with a next-generation liquidity layer, serves as the trading and business development center for BNB Chain. It promotes capital efficiency and generates long-term value for traders, liquidity providers, and protocols. It is based on the ve(3,3) model. THENA is influencing the direction of decentralized finance by establishing strategic partnerships and onboarding leading projects. Supported by Orbs and YZi Labs (formerly Binance Labs), it is establishing the framework for the DeFAI SuperApp, an integrated ecosystem created for the upcoming financial era.
One of the biggest lending and borrowing networks on the BNB Chain is Venus Protocol, which provides users with safe markets, adaptable borrowing choices, and strong risk control. Venus, a pioneer in DeFi lending, provides consumers with cutting-edge financial instruments that improve accessibility and capital efficiency.
