Venom Network is a proof-of-stake blockchain protocol built on a heterogeneous multi-blockchain architecture that separates coordination and execution across a masterchain, workchains, and dynamically sharded accounts. Venom Network's Twitter Score is 20 out of 1000 as of September 2026, ranking #50,104 among 489,241 tracked accounts.
Venom Network operates as both a layer-0 and layer-1 network, with its masterchain coordinating workchains and shardchains that adjust their configuration dynamically based on network load. The protocol uses a Byzantine fault-tolerant proof-of-stake consensus mechanism. Its native currency, VENOM, powers transaction fees, validator security, and staking through DePools; a wrapped counterpart, WVENOM, is issued as a TIP-3 token on a 1:1 basis with VENOM.
Venom Network is currently undergoing a migration to a new mainnet, with a free 1:1 migration offered for VENOM and USDT holdings; the previous mainnet is set to remain online for six months following the new launch. As part of this transition, SparX is replacing Venom Wallet as the ecosystem's multichain non-custodial wallet. Venom Network is affiliated with KuCoin Ventures, a partnership announced in May 2024.
Venom Network was previously affiliated with the Venom Foundation, an entity registered in Abu Dhabi Global Market to conduct blockchain activities and issue utility tokens. That foundation voluntarily cancelled its commercial licence in February 2024 and entered voluntary liquidation on March 22, 2024, with Mahesha Shetty appointed as liquidator. The liquidating entity stated it had ceased operations and was no longer linked to the Venom Network or its X account. Earlier, in January 2023, the former Venom Foundation and Iceberg Capital had announced the Venom Ventures Fund, a $1 billion blockchain-agnostic vehicle intended to invest from pre-seed through Series A in Web3 protocols and decentralized applications.
Venom Network has published 1,230 posts on the platform and has been active since 2023. The account has been mentioned by 62 accounts, with 102 total mentions.
Who follows Venom Network on X?
The accounts that follow Venom Network include 78 founders, 16 angel investors, 111 influencers and 6 VCs. Among the notable followers are MoonPay, Camol, VonDoom, Peach, 0xMarioNawfal and Jords.