Benqi Lending (QI)
Total Value Locked$367.34m
TVL by Chain
Avalanche$367.34m
Key Metrics
Fees (Annualized)$7.53m
Fees 30d$616,965
Fees 7d$166,193
Fees 24h$23,443
Cumulative Fees$12.7m
Revenue (Annualized)$1.39m
Revenue 30d$113,811
Revenue 7d$30,333
Revenue 24h$4,281
Cumulative Revenue$2.2m
Holders Revenue (Annualized)$1.39m
Holders Revenue 30d$113,811
Holders Revenue 7d$30,333
Holders Revenue 24h$4,281
Cumulative Holders Revenue$2.2m
Market Cap$55.46m
$QI Price$0.0078
All Time High$0.39
All Time Low$0.0047
Fully Diluted Valuation$56.26m
$QI Volume 24h$3.27m
CEX Volume$2.36m
DEX Volume$918,224(28.09% of total)
Borrowed$149.79m
$QI Liquidity$581,005
Pangolin V2$478,753
Joe V2.1$102,252
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 saleSource: https://benqifinance.medium.com/benqi-closes-6m-strategic-round-to-create-algorithmic-liquidity-market-on-avalanche-f4a92d766212
Benqi Lending (QI)
Total Value Locked$367.34m
TVL by Chain
Avalanche$367.34m
Key Metrics
Fees (Annualized)$7.53m
Fees 30d$616,965
Fees 7d$166,193
Fees 24h$23,443
Cumulative Fees$12.7m
Revenue (Annualized)$1.39m
Revenue 30d$113,811
Revenue 7d$30,333
Revenue 24h$4,281
Cumulative Revenue$2.2m
Holders Revenue (Annualized)$1.39m
Holders Revenue 30d$113,811
Holders Revenue 7d$30,333
Holders Revenue 24h$4,281
Cumulative Holders Revenue$2.2m
Market Cap$55.46m
$QI Price$0.0078
All Time High$0.39
All Time Low$0.0047
Fully Diluted Valuation$56.26m
$QI Volume 24h$3.27m
CEX Volume$2.36m
DEX Volume$918,224(28.09% of total)
Borrowed$149.79m
$QI Liquidity$581,005
Pangolin V2$478,753
Joe V2.1$102,252
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 saleSource: https://benqifinance.medium.com/benqi-closes-6m-strategic-round-to-create-algorithmic-liquidity-market-on-avalanche-f4a92d766212
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:Lending
Audits:
Methodology
TVL: Same as compound, we just get all the collateral (not borrowed money) on the lending marketsView code on GitHubFees: Total interest paid by borrowersView code on GitHubRevenue: Protocol's share of interest treasuryView code on GitHubHolders Revenue: Share of interest into protocol governance token holders.View code on GitHubUser Activity
Active Addresses (24h)206
Transactions (24h)949
Gas Used (24h)$29.43
Income Statement for Benqi Lending
| Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Fees | $607,122 | $1.52m | $2.04m | $2.74m | $1.94m | $1.39m | $1.47m | $697,563 | $290,860 |
| Revenue | $111,897 | $278,142 | $367,190 | $486,672 | $346,042 | $226,171 | $231,291 | $104,273 | $46,529 |
| Earnings | $111,897 | $278,142 | $367,190 | $486,672 | $346,042 | $226,171 | $231,291 | $104,273 | $46,529 |
| Token Holder Net Income | $111,897 | $278,142 | $367,190 | $486,672 | $346,042 | $226,171 | $231,291 | $104,273 | $46,529 |