Ask about Benqi

Logo of BenqiBenqi(QI)

Total Value Locked$278.42m

TVL by Chain

Avalanche$278.42m

Key Metrics

Fees 30d$1.14m
Fees 30d by chain

Avalanche$1.14m

Fees 7d$238,652

Avalanche$238,652

Fees 24h$34,906

Avalanche$34,906

Cumulative Fees$73.71m

Avalanche$73.71m

Revenue 30d$126,844
Revenue 30d by chain

Avalanche$126,844

Revenue 7d$26,934

Avalanche$26,934

Revenue 24h$3,922

Avalanche$3,922

Cumulative Revenue$8.74m

Avalanche$8.74m

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

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$1.96m

$126,844

$26,934

$3,922

$8.74m

Collateral Liquidated 30d$732,992
Collateral Liquidated 30d by chain

Avalanche$732,992

Collateral Liquidated 7d$1.97

Avalanche$1.97

Collateral Liquidated 24h$0

Avalanche$0

Cumulative Collateral Liquidated$1.14m

Avalanche$1.14m

Market Cap$21.06m

$QI Price$0.0029

All Time High$0.39

All Time Low$0.001

View $QI token page

$21.06m

$21.06m

$QI Volume 24h$5.56m

CEX Volume$3.11m

DEX Volume$2.36m(42.41% of total)

Active Loans$38.76m

Treasury$11.83m

$261,274

Stablecoins$2.55m

Own Tokens$6.77m

Others$2.24m

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 APY2.31%

User Activity

Active Addresses (24h)83

Transactions (24h)689

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 $278.42m in total value locked. TVL has increased 35.4% 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 $1.14m in fees. Of that, $126,844 was protocol revenue. Based on the trailing year, the annualized rate is $16.71m in fees and $1.96m in revenue.

What is the QI token price and valuation?

QI is currently trading at $0.0029. Its circulating market capitalization is $21.12m, ranking it #1,078. Its fully diluted valuation is $21.12m. 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 132.7% 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.

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 $38.76m in active loans.

Does Benqi have a treasury?

Benqi has a tracked treasury currently valued at $11.83m. Its holdings include $2.55m in stablecoins, $261,274 in major assets, $6.77m in its own tokens, $2.24m in other assets.