Total Value Locked$118.93m
TVL by Chain
Avalanche$118.93m
Key Metrics
Fees 30d$166,398
Fees 30d by chain
Avalanche$166,398
Fees 7d$43,560
Avalanche$43,560
Fees 24h$7,475
Avalanche$7,475
Cumulative Fees$18.14m
Avalanche$18.14m
Revenue 30d$30,062
Revenue 30d by chain
Avalanche$30,062
Revenue 7d$7,602
Avalanche$7,602
Revenue 24h$1,270
Avalanche$1,270
Cumulative Revenue$3.18m
Avalanche$3.18m
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
Collateral Liquidated 30d$443,081
Collateral Liquidated 30d by chain
Avalanche$443,081
Collateral Liquidated 7d$1,004
Avalanche$1,004
Collateral Liquidated 24h$82,373
Avalanche$82,373
Cumulative Collateral Liquidated$1.22m
Avalanche$1.22m
Market Cap$19.38m
$QI Price$0.0027
Fully Diluted Valuation$19.38m
$QI Volume 24h$1.78m
CEX Volume$992,374
DEX Volume$829,054(46.48% of total)
Active Loans$36.7m
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.
Audits:
Methodology
TVL: Same as compound, we just get all the collateral (not borrowed money) on the lending marketsView code on GitHubFees: Total interest paid by borrowersView code on GitHubRevenue: Protocol and holders share of interestView code on GitHubHolders Revenue: Share of interest into protocol governance token holders.View code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidateBorrow events, converted from cToken units to underlying via exchangeRateStored.View code on GitHubYields
Pools Tracked15
Average Supply APY2.29%
User Activity
Active Addresses (24h)65
Transactions (24h)672
Competitors
Frequently asked questions
What is Benqi Lending's TVL?
Benqi Lending currently has $118.93m in total value locked. TVL has increased 26.5% over the past 30 days.
What chains does Benqi Lending operate on?
Benqi Lending operates on Avalanche. Avalanche holds the largest share at 100%.
How much has Benqi Lending generated in fees and revenue?
Over the past 30 days, Benqi Lending generated $166,398 in fees. Of that, $30,062 was protocol revenue. Based on the trailing year, the annualized rate is $3.33m in fees and $608,100 in revenue.
What is the QI token price and valuation?
QI is currently trading at $0.0027. Its circulating market capitalization is $19.36m, ranking it #1,095. Its fully diluted valuation is $19.36m. Supply currently stands at 7.2b circulating, 7.2b total supply, 7.2b maximum supply.
How has QI performed recently?
QI is up 0.7% over the past 7 days and up 114.9% over the past 30 days. Its all-time high is $0.39, reached on Aug 23, 2021. The token is currently 99.3% below that level.
How does Benqi Lending's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Benqi Lending ranks #26 by TVL. The category holds $52.181b across 516 protocols, and Benqi Lending accounts for 0.2% of that total. Other leading protocols include Aave V3, Morpho Blue, Aave V4, Euler V2, Aave V2, 40 Acres, BiFi, Silo V2, Folks Finance xChain, and TermFinance Lend.
How much has been borrowed through Benqi Lending?
Benqi Lending currently has $36.7m in active loans.