Thena proposes soft merger with Venus Protocol to create "DeFAI SuperApp" on BNB Chain

Thena proposes soft merger with Venus Protocol to create "DeFAI SuperApp" on BNB Chain

Share this article

THENA, the trading hub and liquidity layer built on BNB Chain, has announced a proposal for a strategic soft merger with Venus Protocol, one of the largest lending and borrowing platforms in the ecosystem. The initiative, pending approval from the Venus DAO, will create an integrated DeFi ecosystem that streamlines trading, lending, and borrowing, positioning the combined entity as the premier “DeFAI SuperApp” on BNB Chain.

Bringing together THENA’s deep liquidity infrastructure and Venus’ lending and borrowing capabilities, the merger establishes an all-in-one DeFi hub. This initiative enhances user experience, improves capital efficiency, and drives broader adoption of DeFi within the BNB Chain ecosystem.

“Our goal is to create a seamless experience where users can trade, provide liquidity, lend, borrow, and optimize yield—all in one place,” said Theseus, CEO and Co-founder of THENA. “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.”

The proposed merger will create enhanced yield opportunities, allowing users to transition from liquidity provisioning on THENA to earning passive income through Venus’ lending markets. THENA’s liquidity engine will buttress Venus’ lending pools, reducing slippage and improving capital efficiency for borrowers and lenders. Additionally, an integrated launchpad will enable new projects to access a suite of DeFi services, facilitating efficient token launches with built-in trading and lending support. 

The collaboration brings Web3 banking integration, simplifying on/off-ramps and making decentralized finance more accessible to mainstream users. Furthermore, the introduction of an AI-powered automation layer means users can deploy advanced trading and yield strategies without requiring deep technical expertise.

“This collaboration represents a pivotal moment for DeFi on BNB,” said Danny at Venus Protocol. “By uniting our relative strengths, we are pushing the envelope of what’s possible in DeFi and providing users with an unmatched experience.”

The teams at THENA and Venus will provide further updates as the governance process unfolds. More details on the proposal and the roadmap for implementation will be shared in the coming weeks.

About THENA

THENA is the trading and business development hub of BNB Chain, combining spot and perpetual markets with a next-generation liquidity layer. Built on the ve(3,3) model, it drives capital efficiency while creating long-term value for traders, liquidity providers, and protocols. By onboarding leading projects and forming strategic alliances, THENA is shaping the future of decentralized finance. Backed by YZi Labs (formerly Binance Labs) and Orbs, it is laying the foundation for the DeFAI SuperApp—an all-in-one ecosystem designed for the next era of finance.

Website  |  Medium  |  Discord  |  Telegram  |  LinkedIn 

About Venus Protocol

Venus Protocol is one of the largest lending and borrowing platforms on BNB Chain, offering users secure markets, flexible borrowing options, and robust risk management. As a leader in DeFi lending, Venus empowers users with innovative financial tools that enhance capital efficiency and accessibility.

Share this article

Loading...