What is Venom? How It Works & Where to Use It

Overview

Venom at a glance.

Venom is a Proof of Stake Layer 1 blockchain whose mainnet and VENOM token went live in March 2024, operated by the Venom Foundation based in Abu Dhabi. Its design draws on the Threaded Virtual Machine and an asynchronous, multi-threaded architecture so the network can split work across shards as demand changes. Here is how it works and what it is used for, not the price.

Total value locked (DeFi)

$597,562

Value locked in DeFi protocols on Venom. Updated Jun 8, 2026. Source: DefiLlama.

Native token

VENOM

Used for fees and securing the network. See the live VENOM price.

How it works

How Venom works.

Validators stake VENOM to take part in producing blocks, and a Byzantine Fault Tolerant process is used to agree on the resulting state. The network is split into workchains and shards that can divide and merge as load changes, an approach the project calls dynamic sharding, so capacity can scale without every node processing every transaction.

Consensus: Proof of Stake with BFT

Validators stake VENOM to take part in producing blocks, and a Byzantine Fault Tolerant process is used to agree on the resulting state. The network is split into workchains and shards that can divide and merge as load changes, an approach the project calls dynamic sharding, so capacity can scale without every node processing every transaction.

Dynamic sharding

Venom can split its workchains into more shards when activity rises and merge them when it falls, spreading transactions across the network rather than through a single chain.

Threaded Virtual Machine

Smart contracts run on the Threaded Virtual Machine, an execution environment from the TON and Everscale lineage that handles contracts as separate accounts that message each other.

Asynchronous messaging

Contracts interact by passing messages rather than calling each other directly in one step, which fits the multi-threaded, sharded design.

Staking

Holders stake VENOM, directly or through validators, to help secure the network and earn a share of staking rewards.

Ecosystem & usage

What Venom is used for.

Venom supports payments, token issuance, and decentralized applications built with its smart contract model.

DefiLlama

Payments and transfers

VENOM is sent between accounts and used to pay the fees for transactions on the network.

Decentralized applications

Developers deploy smart contracts on the Threaded Virtual Machine to build applications such as exchanges and wallets.

Staking

Holders stake VENOM to help secure the chain and earn staking rewards.

Top protocols by TVL · updated Jun 8, 2026

VenomStake · Liquid Staking$9.1M

Web3.world · Dexs$597,562

VenomBridge · Bridge$198,344

In Zypto App

Hold, swap and spend VENOM.

Venom is integrated in Zypto App. Hold VENOM in self-custody, swap it to any supported asset, and use it across Zypto’s features.

Hold VENOM in Zypto How to buy VENOM

Be the reason Venom ships next.

Venom isn’t in Zypto App yet. Post the request to your followers, chains with the most demand get prioritised.

Request on X

FAQ

Common questions.

What is Venom?

Venom is a Proof of Stake Layer 1 blockchain whose mainnet and VENOM token launched in March 2024. It uses dynamic sharding and an asynchronous architecture to scale, and is run by the Venom Foundation in Abu Dhabi. Its native token is VENOM.

What consensus does Venom use?

Venom uses Proof of Stake combined with a Byzantine Fault Tolerant process to agree on block state. Validators stake VENOM to take part in producing blocks.

What is dynamic sharding?

Dynamic sharding lets Venom split its chains into more shards when activity rises and merge them when it falls, so transactions are spread across the network instead of one chain.

What is VENOM used for?

VENOM is the native token. It is used to pay transaction fees, to reward validators, and to secure the network through staking.

Can I hold VENOM in Zypto App?

Not yet. VENOM isn't in Zypto App at the moment. You can hold it in any self-custodial wallet, and you can ask us to add Venom using the "Request Venom" button above.

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