Key Metrics
Fees (Annualized)$4.57m
Fees 30d$118,817
Avalanche$118,817
Fees 7d$27,847
Avalanche$27,847
Fees 24h$3,652
Avalanche$3,652
Cumulative Fees$17.81m
Avalanche$17.81m
Revenue (Annualized)$825,883
Revenue 30d$21,295
Avalanche$21,295
Revenue 7d$4,942
Avalanche$4,942
Revenue 24h$661
Avalanche$661
Cumulative Revenue$3.12m
Avalanche$3.12m
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
Collateral Liquidated 30d$177,147.12
Collateral Liquidated 30d by chain
Avalanche$177,147.12
Collateral Liquidated 7d$72.55
Avalanche$72.55
Collateral Liquidated 24h$5.55
Avalanche$5.55
Cumulative Collateral Liquidated$179,252.67
Avalanche$179,252.67
Market Cap$9.61m
$QI Price$0.0013
$9.61m
$QI Volume 24h$857,580
CEX Volume$584,907.96
DEX Volume$181,690.33(21.19% of total)
Active Loans$32.23m
$QI Liquidity$687,254
Pangolin V2$577,437
Joe V2.1$109,817
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:Lending
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 APY1.8%
User Activity
Active Addresses (24h)42
New Addresses (24h)3
Transactions (24h)746
Gas Used (24h)0.11 AVAX
Gas Cost (24h)$0.69
Competitors
Frequently Asked Questions
What is Benqi Lending?
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 Lending's TVL?
Benqi Lending currently has $85.17m in total value locked. TVL has increased 2.8% 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 $118,817 in fees. Of that, $21,295 was protocol revenue. Based on the trailing year, the annualized rate is $4.57m in fees and $825,883 in revenue.
What is the QI token price and valuation?
QI is currently trading at $0.0013. Its circulating market capitalization is $9.61m, ranking it #1,469. Its fully diluted valuation is $9.61m. Supply currently stands at 7.2b circulating, 7.2b total supply, 7.2b maximum supply.
How has QI performed recently?
QI is up 3.8% over the past 7 days and up 14.2% 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.
How much has been borrowed through Benqi Lending?
Benqi Lending currently has $32.23m in active loans.

