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  2. BENQI - Logo
    BENQI
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BENQI - Logo

BENQI (QI)

Lending

Price

~$0.0171

Live

ATH

$0.3771

2.7y ago

ATL

$0.00

198d ago

Chains

Avalanche - Logo

1 chain

7d price +1.5%

30d price -41.0%

90d price +10.6%

180d price +202.5%

Learn more

What is BENQI?

BENQI is a non-custodial lending protocol built on Avalanche. BENQI was founded by an international team of software developers and launched in 2021.

How does BENQI work?

Lenders deposit funds into BENQI and receive interest payments from borrowers (supply-side fees).

Who governs BENQI?

QI tokenholders own and govern the protocol. They currently take a cut of the total interest paid by borrowers (revenue). BENQI’s investors include Dragonfly Capital, Mechanism Capital, Spartan, etc.

Related posts

BENQI – Liquid staking and lending on Avalanche

JD Gagnon, Co-Founder & CEO of BENQI joined us to discuss the basics of what BENQI is, how it works, how it's positioned within the market, growth drivers and challenges, and plans for the future.
RevenueBENQI's share of the interest$20Connects Borrowers & LendersSupply-side feesLenders' share of the interest$80LendersFeesInterest paid by borrowers$100Borrowers
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

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