Logo of BenqiBenqi(QI)
Total Value Locked$194.33m

TVL by Chain

Avalanche$194.33m

Key Metrics

Fees 30d$832,381
Fees 30d by chain

Avalanche$832,381

Fees 7d$173,659

Avalanche$173,659

Fees 24h$23,008

Avalanche$23,008

Cumulative Fees$72.64m

Avalanche$72.64m

Revenue 30d$94,724
Revenue 30d by chain

Avalanche$94,724

Revenue 7d$20,155

Avalanche$20,155

Revenue 24h$2,698

Avalanche$2,698

Cumulative Revenue$8.62m

Avalanche$8.62m

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)$2.18m

$94,724

$20,155

$2,698

$8.62m

Collateral Liquidated 30d$266,662.27
Collateral Liquidated 30d by chain

Avalanche$266,662.27

Collateral Liquidated 7d$43,876.31

Avalanche$43,876.31

Collateral Liquidated 24h$43,762

Avalanche$43,762

Cumulative Collateral Liquidated$569,457.2

Avalanche$569,457.2

Market Cap$9.01m

$QI Price$0.0013

All Time High$0.39

All Time Low$0.001

View $QI token page

$9.01m

$9.01m

$QI Volume 24h$708,667

CEX Volume$563,205.6

DEX Volume$163,372.37(23.05% of total)

Active Loans$36.33m

Treasury$7.48m

$248,195.14

Stablecoins$2.53m

Own Tokens$2.94m

Others$1.75m

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 APY2.41%

User Activity

Active Addresses (24h)78

Transactions (24h)1,682

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 $194.33m in total value locked. TVL has increased 19.4% 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 $832,381 in fees. Of that, $94,724 was protocol revenue. Based on the trailing year, the annualized rate is $18.53m in fees and $2.18m in revenue.

What is the QI token price and valuation?

QI is currently trading at $0.0013. Its circulating market capitalization is $9.01m, ranking it #1,536. Its fully diluted valuation is $9.01m. Supply currently stands at 7.2b circulating, 7.2b total supply, 7.2b maximum supply.

How has QI performed recently?

QI is down 2% over the past 7 days and down 6.2% 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.

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 $36.33m in active loans.

Does Benqi have a treasury?

Benqi has a tracked treasury currently valued at $7.48m. Its holdings include $2.53m in stablecoins, $248,195.14 in major assets, $2.94m in its own tokens, $1.75m in other assets.