Venus's multi-chain delisting operation is quite brutal, with punitive interest rates starting at 300% and CF/LT directly going to zero by June next year. Those with positions need to keep a close eye on the timeline.

Venus Protocol proposes a two-step plan to cover 87 on-chain deprecated/delisted markets across BNB Chain, opBNB, Optimism, Unichain, Ethereum, Base, Arbitrum, zkSync Era, and others. Step one sets the reserve ratio to 100% and changes the borrowing interest rate to the Deprecation curve (initial 300% APY, up to 500% at full utilization) to incentivize users to exit. Step two is planned to be implemented in the week of June 29, 2026, setting the collateral factor CF and liquidation threshold LT to 0 for the relevant markets, exposing all related positions to liquidation risk. Borrowers and depositors are strongly advised to close positions or withdraw before then.