Logo of BenqiBenqi(QI)
Total Value Locked$194.2m

TVL by Chain

Avalanche$194.2m

Key Metrics

Fees (Annualized)$19.43m
Fees 30d$684,526

Avalanche$684,526

Fees 7d$164,372

Avalanche$164,372

Fees 24h$24,058

Avalanche$24,058

Cumulative Fees$72.11m

Avalanche$72.11m

Revenue (Annualized)$2.29m
Revenue 30d$78,187

Avalanche$78,187

Revenue 7d$19,010

Avalanche$19,010

Revenue 24h$2,832

Avalanche$2,832

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)$2.29m

$78,187

$19,010

$2,832

$8.56m

Collateral Liquidated 30d$176,466.61
Collateral Liquidated 30d by chain

Avalanche$176,466.61

Collateral Liquidated 7d$394.39

Avalanche$394.39

Collateral Liquidated 24h$83

Avalanche$83

Cumulative Collateral Liquidated$180,099.61

Avalanche$180,099.61

Market Cap$9.89m

$QI Price$0.0014

All Time High$0.39

All Time Low$0.001

View $QI token page

$9.89m

$9.89m

$QI Volume 24h$573,436

CEX Volume$410,198.43

DEX Volume$169,533.52(29.56% of total)

Active Loans$36.32m

$QI Liquidity$687,254

Pangolin V2$577,437

Joe V2.1$109,817

Treasury$7.68m

$242,213.32

Stablecoins$2.52m

Own Tokens$3.17m

Others$1.74m

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)91

New Addresses (24h)7

Transactions (24h)1,270

Gas Used (24h)2.09 AVAX

Gas Cost (24h)$16.38

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

Hacks

Date: Apr 19, 2026

Protocol: Benqi Staked Avax

Amount: $64,000

Classification: Access Control

Technique: Arbitrary External Call

Chains: Avalanche

Language: Solidity

Target Type: DeFi Protocol

Frequently Asked Questions

What is Benqi's TVL?

Benqi currently has $194.2m in total value locked. TVL has increased 17.8% 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 $684,526 in fees. Of that, $78,187 was protocol revenue. Based on the trailing year, the annualized rate is $19.43m in fees and $2.29m in revenue.

What is the QI token price and valuation?

QI is currently trading at $0.0014. Its circulating market capitalization is $9.89m, ranking it #1,438. Its fully diluted valuation is $9.89m. Supply currently stands at 7.2b circulating, 7.2b total supply, 7.2b maximum supply.

How has QI performed recently?

QI is up 3.5% over the past 7 days and up 23.6% 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 $36.32m in active loans.

Does Benqi have a treasury?

Benqi has a tracked treasury currently valued at $7.68m. Its holdings include $2.52m in stablecoins, $242,213.32 in major assets, $3.17m in its own tokens, $1.74m in other assets.

Has Benqi ever been exploited?

Benqi has 1 recorded security incident. The most recent incident occurred on Apr 19, 2026 and involved $64,000. It was classified as Access Control.