Venom Blockchain Hits 99.99% Uptime Since March 2024, Eyes 500K Daily Transactions

Venom Foundation said Thursday that its dual Layer-0, Layer-1 blockchain has maintained an industry-leading 99.99% uptime since its mainnet launch in March 2024, marking more than 19 months of near-continuous operation and positioning the network as a contender for institutional-grade infrastructure.

According to the foundation, the network now processes between 150,000 and 200,000 transactions per day while recording under 5.3 minutes of average annual downtime, figures that Venom says rival those of enterprise cloud services and outpace many public blockchains that have struggled with high-profile outages. The company framed the milestone as proof that high throughput and robust stability can coexist in a production blockchain environment.

Venom credits the uptime to a portfolio of architectural choices designed for horizontal scalability and fault tolerance. Central to that design is a dynamic sharding protocol that redistributes workloads across shardchains as demand changes, coupled with a Proof-of-Stake Byzantine Fault Tolerance layer that guarantees deterministic finality and an asynchronous consensus mechanism that allows parallel transaction processing.

Venom also highlighted consistently low fees, kept under one cent per transaction even during peak demand, as part of the package that makes the network attractive to enterprise users. “Reliability isn’t optional in blockchain – it’s paramount,” said Christopher Louis Tsu, CEO of Venom Foundation. “Our 99.99% uptime over 19 months proves that scalability and stability can coexist, providing the foundation enterprises and institutions need.”

Reliability Wins

Venom’s claims are backed by a series of public stress tests and a lengthy testnet period. Before the mainnet launch, the project logged more than 594 million transactions across in excess of one million wallets during an extended testnet phase, an effort the foundation said hardened the system for real-world loads. In a headline 2025 stress test, Venom reported it sustained 150,000 transactions per second with sub-three-second finality, evidence, the foundation argues, of meaningful headroom for growth.

Those technical milestones have helped the network land institutional partnerships, the foundation said. Venom has been tapped by the government of the Philippines for a national blockchain initiative intended to digitize billions of records, and by United Network for next-generation payment infrastructure, examples the foundation pointed to when arguing the network has moved from experimental infrastructure to live enterprise use.

Current performance metrics released by Venom show no major network incidents since the March 2024 mainnet launch, transaction finality consistently under three seconds, and fee stability at or below $0.01 per transaction. The foundation said it is targeting 500,000 daily transactions by year-end 2025 as part of its growth roadmap.

Security has also been a focus: in October 2025, the foundation launched a bug bounty program offering rewards of up to $100,000 for vulnerability discoveries, an effort intended to broaden the security review surface and reassure developers and institutional adopters.

Founded in Abu Dhabi, the Venom Foundation is a fintech company focused on delivering high-performance blockchain solutions for financial services and large-scale enterprises. The network’s advertised capabilities, throughput of up to 150,000 TPS, sub-cent fees, and near-perfect uptime, aim to support an ecosystem spanning DeFi, NFTs, gaming and enterprise applications.

Industry observers will be watching whether Venom’s uptime and performance claims hold as the network scales further and onboarding increases. For now, the foundation is leaning into the narrative that reliable, low-cost blockchain infrastructure can meet the demands of governments and businesses that require predictable, continuously available systems.