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
$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.
- Benqi Staked AvaxLiquid Staking
- Benqi LendingLending
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
Fees:
Revenue:
Holders Revenue:
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.

