Logo of BenqiBenqi(QI)
Total Value Locked$164.01m

TVL by Chain

Avalanche$164.01m

Key Metrics

Fees (Annualized)$19.67m
Fees 30d$661,595

Avalanche$661,595

Fees 7d$199,549

Avalanche$199,549

Fees 24h$20,544

Avalanche$20,544

Cumulative Fees$71.99m

Avalanche$71.99m

Revenue (Annualized)$2.33m
Revenue 30d$75,521

Avalanche$75,521

Revenue 7d$22,217

Avalanche$22,217

Revenue 24h$2,393

Avalanche$2,393

Cumulative Revenue$8.54m

Avalanche$8.54m

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)$2.33m

$75,521

$22,217

$2,393

$8.54m

Collateral Liquidated 30d$177,091.22
Collateral Liquidated 30d by chain

Avalanche$177,091.22

Collateral Liquidated 7d$417.1

Avalanche$417.1

Collateral Liquidated 24h$42

Avalanche$42

Cumulative Collateral Liquidated$179,664.85

Avalanche$179,664.85

Market Cap$9.07m

$QI Price$0.0013

All Time High$0.39

All Time Low$0.001

View $QI token page

$9.07m

$9.07m

$QI Volume 24h$567,720

CEX Volume$415,805.14

DEX Volume$154,313.03(27.18% of total)

Active Loans$32.73m

$QI Liquidity$687,254

Pangolin V2$577,437

Joe V2.1$109,817

Treasury$7.12m

$190,652.93

Stablecoins$2.52m

Own Tokens$2.95m

Others$1.46m

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:Liquid Staking

Yields

Pools Tracked16

Average Supply APY1.99%

User Activity

Active Addresses (24h)47

New Addresses (24h)2

Transactions (24h)523

Gas Used (24h)0.04 AVAX

Gas Cost (24h)$0.22

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

Competitors

Frequently Asked Questions

What is Benqi?

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's TVL?

Benqi currently has $164.01m in total value locked. TVL has decreased 5.1% 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 $661,595 in fees. Of that, $75,521 was protocol revenue. Based on the trailing year, the annualized rate is $19.67m in fees and $2.33m in revenue.

What is the QI token price and valuation?

QI is currently trading at $0.0013. Its circulating market capitalization is $9.07m, ranking it #1,432. Its fully diluted valuation is $9.07m. Supply currently stands at 7.2b circulating, 7.2b total supply, 7.2b maximum supply.

How has QI performed recently?

QI is down 5.8% over the past 7 days and up 11.8% 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 $32.73m in active loans.

Does Benqi have a treasury?

Benqi has a tracked treasury currently valued at $7.12m. Its holdings include $2.52m in stablecoins, $190,652.93 in major assets, $2.95m in its own tokens, $1.46m 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.