Ask about Benqi
Logo of BenqiBenqi(QI)
Total Value Locked$192.91m

TVL by Chain

Avalanche$192.91m

Key Metrics

Fees 30d$848,037
Fees 30d by chain

Avalanche$848,037

Fees 7d$168,842

Avalanche$168,842

Fees 24h$21,720

Avalanche$21,720

Cumulative Fees$72.71m

Avalanche$72.71m

Revenue 30d$96,698
Revenue 30d by chain

Avalanche$96,698

Revenue 7d$19,850

Avalanche$19,850

Revenue 24h$2,546

Avalanche$2,546

Cumulative Revenue$8.62m

Avalanche$8.62m

Holders Revenue 30d$0
Holders Revenue 30d by chain

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)$2.15m

$96,698

$19,850

$2,546

$8.62m

Collateral Liquidated 30d$513,774.19
Collateral Liquidated 30d by chain

Avalanche$513,774.19

Collateral Liquidated 7d$290,986.08

Avalanche$290,986.08

Collateral Liquidated 24h$0.1

Avalanche$0.1

Cumulative Collateral Liquidated$693,038.98

Avalanche$693,038.98

Market Cap$9.46m

$QI Price$0.0013

All Time High$0.39

All Time Low$0.001

View $QI token page

$9.46m

$9.46m

$QI Volume 24h$559,214

CEX Volume$410,350.77

DEX Volume$145,312.98(25.99% of total)

Active Loans$35.89m

Treasury$7.59m

$253,131.25

Stablecoins$2.54m

Own Tokens$3.05m

Others$1.75m

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.

Products:

Yields

Pools Tracked16

Average Supply APY2.33%

User Activity

Active Addresses (24h)61

Transactions (24h)958

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

Frequently Asked Questions

What is Benqi's TVL?

Benqi currently has $192.91m in total value locked. TVL has increased 14.9% 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 $848,037 in fees. Of that, $96,698 was protocol revenue. Based on the trailing year, the annualized rate is $18.3m in fees and $2.15m in revenue.

What is the QI token price and valuation?

QI is currently trading at $0.0013. Its circulating market capitalization is $9.46m, ranking it #1,503. Its fully diluted valuation is $9.46m. Supply currently stands at 7.2b circulating, 7.2b total supply, 7.2b maximum supply.

How has QI performed recently?

QI is up 3.4% over the past 7 days and up 1.3% over the past 30 days. Its all-time high is $0.39, reached on Aug 23, 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 $35.89m in active loans.

Does Benqi have a treasury?

Benqi has a tracked treasury currently valued at $7.59m. Its holdings include $2.54m in stablecoins, $253,131.25 in major assets, $3.05m in its own tokens, $1.75m in other assets.