Ask about Benqi
Logo of BenqiBenqi(QI)
Total Value Locked$170.92m

TVL by Chain

Avalanche$170.92m

Key Metrics

Fees (Annualized)$20.51m
Fees 30d$765,256

Avalanche$765,256

Fees 7d$153,551

Avalanche$153,551

Fees 24h$25,346

Avalanche$25,346

Cumulative Fees$71.65m

Avalanche$71.65m

Revenue (Annualized)$2.43m
Revenue 30d$86,117

Avalanche$86,117

Revenue 7d$17,556

Avalanche$17,556

Revenue 24h$2,856

Avalanche$2,856

Cumulative Revenue$8.5m

Avalanche$8.5m

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Avalanche$0

Holders Revenue 7d$0

Avalanche$0

Holders Revenue 24h$0

Avalanche$0

Cumulative Holders Revenue$0

Avalanche$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$2.43m

$86,117

$17,556

$2,856

$8.5m

Collateral Liquidated 30d$179,168.69
Collateral Liquidated 30d by chain

Avalanche$179,168.69

Collateral Liquidated 7d$175,360.56

Avalanche$175,360.56

Collateral Liquidated 24h$0.12

Avalanche$0.12

Cumulative Collateral Liquidated$179,174.69

Avalanche$179,174.69

Market Cap$9.4m

$QI Price$0.0013

All Time High$0.39

All Time Low$0.001

View $QI token page

$9.4m

$9.4m

$QI Volume 24h$635,528

CEX Volume$483,985.73

DEX Volume$155,310.21(24.44% of total)

Active Loans$32.52m

$QI Liquidity$687,254

Pangolin V2$577,437

Joe V2.1$109,817

Treasury$7.18m

$186,073.31

Stablecoins$2.51m

Own Tokens$3.02m

Others$1.47m

Total Raised$9.8m

Apr 14, 2021$6mRound: Investors: Genesis Block Ventures, Arrington XRP Capital, Ascensive Assets, Ava Labs, Dragonfly Capital, Mechanism Capital, Morningstar Ventures, Rarestone Capital, Skynet Trading, The Spartan Group, TRGC, Vendetta Capital, ZBS CAPITAL

Apr 28, 2021$3.8mRound: Public token sale

Protocol Information

BENQI is a non-custodial liquidity market protocol, built on Avalanche. The protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets.

Category:Liquid Staking

Yields

Pools Tracked16

Average Supply APY2.01%

User Activity

Active Addresses (24h)44

New Addresses (24h)0

Transactions (24h)301

Gas Used (24h)0.11 AVAX

Gas Cost (24h)$0.75

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Collateral Liquidated: USD value of collateral seized during protocol liquidations

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Competitors

Frequently Asked Questions

What is Benqi?

BENQI is a non-custodial liquidity market protocol, built on Avalanche. The protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets.

What is Benqi's TVL?

Benqi currently has $170.92m in total value locked. TVL has decreased 4.7% over the past 30 days.

What chains does Benqi operate on?

Benqi operates on Avalanche. Avalanche holds the largest share at 100%.

How much has Benqi generated in fees and revenue?

Over the past 30 days, Benqi generated $765,256 in fees. Of that, $86,117 was protocol revenue. Based on the trailing year, the annualized rate is $20.51m in fees and $2.43m in revenue.

What is the QI token price and valuation?

QI is currently trading at $0.0013. Its circulating market capitalization is $9.4m, ranking it #1,455. Its fully diluted valuation is $9.4m. Supply currently stands at 7.2b circulating, 7.2b total supply, 7.2b maximum supply.

How has QI performed recently?

QI is up 10.6% over the past 7 days and up 6.8% over the past 30 days. Its all-time high is $0.39, reached on Aug 24, 2021. The token is currently 99.7% below that level.

Which protocols are included in Benqi?

Benqi is a parent protocol whose tracked products include Benqi Staked Avax and Benqi Lending.

How much has been borrowed through Benqi?

Benqi currently has $32.52m in active loans.

Does Benqi have a treasury?

Benqi has a tracked treasury currently valued at $7.18m. Its holdings include $2.51m in stablecoins, $186,073.31 in major assets, $3.02m in its own tokens, $1.47m in other assets.