Ask about Benqi
Logo of BenqiBenqi(QI)
Total Value Locked$194.48m

TVL by Chain

Avalanche$194.48m

Key Metrics

Fees 30d$871,979
Fees 30d by chain

Avalanche$871,979

Fees 7d$255,046

Avalanche$255,046

Fees 24h$111,225

Avalanche$111,225

Cumulative Fees$72.8m

Avalanche$72.8m

Revenue 30d$99,179
Revenue 30d by chain

Avalanche$99,179

Revenue 7d$28,483

Avalanche$28,483

Revenue 24h$11,526

Avalanche$11,526

Cumulative Revenue$8.63m

Avalanche$8.63m

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)$2.15m

$99,179

$28,483

$11,526

$8.63m

Collateral Liquidated 30d$513,446.88
Collateral Liquidated 30d by chain

Avalanche$513,446.88

Collateral Liquidated 7d$290,914.77

Avalanche$290,914.77

Collateral Liquidated 24h$32.69

Avalanche$32.69

Cumulative Collateral Liquidated$693,102.16

Avalanche$693,102.16

Market Cap$9.42m

$QI Price$0.0013

All Time High$0.39

All Time Low$0.001

View $QI token page

$9.42m

$9.41m

$QI Volume 24h$590,151

CEX Volume$435,951.76

DEX Volume$148,829.36(25.22% of total)

Active Loans$35.67m

Treasury$7.59m

$252,010.63

Stablecoins$2.54m

Own Tokens$3.03m

Others$1.77m

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 APY3.59%

User Activity

Active Addresses (24h)59

Transactions (24h)1,353

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 $194.48m in total value locked. TVL has increased 19.8% 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 $871,979 in fees. Of that, $99,179 was protocol revenue. Based on the trailing year, the annualized rate is $18.31m in fees and $2.15m in revenue.

What is the QI token price and valuation?

QI is currently trading at $0.0013. Its circulating market capitalization is $9.38m, ranking it #1,508. Its fully diluted valuation is $9.38m. Supply currently stands at 7.2b circulating, 7.2b total supply, 7.2b maximum supply.

How has QI performed recently?

QI is up 2.8% over the past 7 days and down 0.3% 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 $35.67m in active loans.

Does Benqi have a treasury?

Benqi has a tracked treasury currently valued at $7.59m. Its holdings include $2.54m in stablecoins, $252,010.63 in major assets, $3.03m in its own tokens, $1.77m in other assets.