Logo of BenqiBenqi(QI)
Total Value Locked$196.29m

TVL by Chain

Avalanche$196.29m

Key Metrics

Fees (Annualized)$19.34m
Fees 30d$701,061

Avalanche$701,061

Fees 7d$173,224

Avalanche$173,224

Fees 24h$23,925

Avalanche$23,925

Cumulative Fees$72.14m

Avalanche$72.14m

Revenue (Annualized)$2.28m
Revenue 30d$80,013

Avalanche$80,013

Revenue 7d$20,048

Avalanche$20,048

Revenue 24h$2,803

Avalanche$2,803

Cumulative Revenue$8.56m

Avalanche$8.56m

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)$2.28m

$80,013

$20,048

$2,803

$8.56m

Collateral Liquidated 30d$176,501.48
Collateral Liquidated 30d by chain

Avalanche$176,501.48

Collateral Liquidated 7d$442.39

Avalanche$442.39

Collateral Liquidated 24h$90

Avalanche$90

Cumulative Collateral Liquidated$180,196.61

Avalanche$180,196.61

Market Cap$9.63m

$QI Price$0.0013

All Time High$0.39

All Time Low$0.001

View $QI token page

$9.63m

$9.63m

$QI Volume 24h$719,222

CEX Volume$529,052.01

DEX Volume$184,037.17(25.59% of total)

Active Loans$37.49m

$QI Liquidity$687,254

Pangolin V2$577,437

Joe V2.1$109,817

Treasury$7.65m

$249,130.17

Stablecoins$2.53m

Own Tokens$3.09m

Others$1.78m

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 APY2.23%

User Activity

Active Addresses (24h)85

New Addresses (24h)19

Transactions (24h)1,664

Gas Used (24h)0.29 AVAX

Gas Cost (24h)$2.17

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 $196.29m in total value locked. TVL has increased 10.9% 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 $701,061 in fees. Of that, $80,013 was protocol revenue. Based on the trailing year, the annualized rate is $19.34m in fees and $2.28m in revenue.

What is the QI token price and valuation?

QI is currently trading at $0.0013. Its circulating market capitalization is $9.62m, ranking it #1,487. Its fully diluted valuation is $9.62m. Supply currently stands at 7.2b circulating, 7.2b total supply, 7.2b maximum supply.

How has QI performed recently?

QI is up 5.3% over the past 7 days and down 2.5% 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 $37.49m in active loans.

Does Benqi have a treasury?

Benqi has a tracked treasury currently valued at $7.65m. Its holdings include $2.53m in stablecoins, $249,130.17 in major assets, $3.09m in its own tokens, $1.78m in other assets.