Black_Feiniao

I. Valuation Analysis
By comparing the market value to the total locked value (TVL), XVS's ratio (0.062) is significantly lower than other major lending protocols such as Compound (0.18) and Aave (0.19), indicating that its current price is undervalued.
II. Investment Value
Given its undervalued status, active protocol development, and leading position on the BSC chain, XVS holds investment value, but caution is necessary regarding the volatility of the crypto market.
III. Detailed Analysis Report
XVS is the governance token of the Venus protocol, operating on the Binance Smart Chain (BSC). The Venus protocol is a decentralized finance (DeFi) lending platform that allows users to lend, borrow crypto assets, and earn interest. Below is a detailed analysis of whether the current price of XVS is undervalued or overvalued and its investment value.

XVS Overview: • Price: $11.89 • Market Cap: $186,234,949 • Total Value Locked (TVL): $986,442,570 • Maximum Supply: 30,000,000 XVS • Fully Diluted Market Cap: $356,752,776 • Circulating Supply: 15,658,232 XVS (Circulating Ratio: 52.19%) • Market capitalization /TVL Ratio: 0.19042757COMP Comparison: • Price: $55.47 • Market Cap: $447,287,835 • Total Value Locked (TVL): $1,118,649,329 • Maximum Supply: 10,000,000 COMP • Circulating Supply: 8,063,997 COMP (Circulation Ratio: 80.64%) • Market Cap/ TVL Ratio: 0.3998648 Macro policy and market trends: In the current market environment, several important macro factors may further promote the development of cryptocurrency: 1. Expectations of the Federal Reserve to cut interest rates: • Expectations that the Federal Reserve will cut interest rates may reduce the cost of obtaining funds in the market, providing a better High-yielding assets create a more favorable environment. 2. The passage of BTC ETF: • The passage of Bitcoin ETF marks that crypto assets have gradually become compliant investment assets of traditional Wall Street financial institutions, providing more recognition and liquidity to the entire market. XVS Advantages: 1. Low market cap/TVL ratio: • XVS’s market cap/TVL ratio is 0.19042757, which is relatively low. This may mean that XVS’s market cap is undervalued relative to its total value locked in the DeFi ecosystem. This provides investors with a good opportunity to enter the market. 2. When there is sufficient liquidity in the market, XVS is expected to achieve greater growth. • Its relatively undervalued market cap/TVL ratio suggests that XVS could have significant price upside once the market develops a deeper understanding of its value. 3. Macro trend support: • In an environment of low interest rates and increased liquidity, XVS is expected to benefit from the trend of more funds flowing into the cryptocurrency market. The passage of BTC ETF will attract more institutional funds, among which XVS, as an undervalued Defi project, may receive more investor attention. 4. Advantages over COMP: • In comparison, XVS shows a lower market cap/TVL ratio, implying greater potential for growth. While COMP is also undervalued, XVS may be more attractive. Investment advice: Based on the above analysis, XVS seems to be a project worthy of investors' attention. Its undervalued market cap/TVL ratio, support from macro trends, and advantage relative to COMP all present XVS as a potential investment opportunity.However, investment decisions should be made with caution and full consideration of personal risk tolerance and investment objectives. Market risks are always present, so before making a decision, please consult a professional financial advisor to ensure that the decision you make is consistent with your financial plan and risk appetite. #xvs #vai #venus #BTC #etf