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
$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
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
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.

