Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.15% | 2.10% | 7.09% | 118.08% | 100.52% | 22.41% |
Revenue & Burn
Protocol income
$75.58KBuyback funds
$0Burn funds
--Buyback ratio
0.0%Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $75.58K | $0 | -- | 0.0% |
| Sep 2026 | $119.69K | $0 | -- | 0.0% |
| Aug 2026 | $92.9K | $0 | -- | 0.0% |
| Jul 2026 | $102.73K | $0 | -- | 0.0% |
| Jun 2026 | $111.66K | $0 | -- | 0.0% |
| May 2026 | $171.25K | $0 | -- | 0.0% |
Comparison
Tokenomics
Unlock Progress
Data source: CoinGecko
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| 0x142e...7fc2 |   QI | 1,245,253,209.04 | 17.3% | $3.22M |
| 0x9d6e...a7b7 | QI | 1,080,000,001 | 15% | $2.79M |
| Binance: Cold (13e8) | QI | 886,503,281.32 | 12.31% | $2.29M |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | QI/USD | $0.003168 | $39,989 | $41,478 | $56,025 | 5.04% | |
| 2 | BBingXCEX | QI/USDT | $0.003158 | $15,354 | $20,113 | $53,240 | 4.79% |
| 3 | QI/USD | $0.00315 | $1,180 | $255 | $3,301 | 0.30% |
Follow Updates
Follow Lists
People
About BENQI
BENQI is a DeFi protocol built on Avalanche, offering three core services: liquid staking, lending markets, and validator launch support.
Its liquid staking product lets users stake AVAX and receive sAVAX, a liquid token that can be used across DeFi while still earning staking rewards. The lending market allows users to supply assets to earn interest or borrow against collateral. Ignite, the validator service, lowers the barrier to running an Avalanche validator by providing the required stake capital in exchange for a fee.
The main market pain point BENQI addresses is the high entry barrier for Avalanche staking and validation. Traditional staking requires locking AVAX, reducing capital efficiency. BENQI solves this by tokenizing staked positions and enabling small-scale validator participation.
In the past six months (2026-03-01 to 2026-09-01), BENQI has focused on expanding sAVAX integrations across more DeFi protocols on Avalanche, improving the lending market's risk parameters, and growing the Ignite validator network. The protocol has also faced increased competition from other liquid staking solutions on Avalanche, though specific metrics were not disclosed in available sources.
Positive:
- On July 27, 2026, BENQI integrated one-click cross-chain swaps, allowing users to supply or repay with any asset from any chain directly on the platform, streamlining DeFi workflows and improving speed during liquidations.
Negative:
On September 2, 2026, BENQI announced reducing the collateral factor for paused QI positions from 40% to 20%, then to 0% on September 10, limiting borrowing capacity and pressuring QI demand.
In May 2026, BENQI experienced an oracle security incident. Although no user funds were affected, the event exposed security risks and may have impacted market confidence.
Dan Mgbor is the Co-founder and CEO of BENQI Finance. He has a background in project management and technology consulting, with prior roles at Plan International UK, DXC Technology, Arthur J. Gallagher & Co., and others. He holds a Master's degree in Business Analytics & Management Sciences from the University of Southampton and a Bachelor's degree in Electronic & Computer Engineering from the University of Nottingham.