Benqi Lending (QI)

Total Value Locked$434.02m

Chain Breakdown
Avalanche	$434.02m

Include in TVL (optional)
Borrowed	$157.13m
Pool2	$233k

USD AVAX

Information

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

Forked from:Compound V2

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Token Information

Address:avax:0x8...a14877

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Methodology

Same as compound, we just get all the collateral (not borrowed money) on the lending markets

Check the code

Competitors

AAVE V3 ($20.12b)AAVE V2 ($672.19m)TermFinance ($55.69m)Impermax Finance ($23.54m)Iron Bank ($18.21m)JustLend ($6.18b)Spark ($4.16b)Morpho Blue ($2.87b)Compound V3 ($2.12b)Kamino Lend ($1.81b)

Raises

Total raised: 9.8m
4/14/2021 : Raised $6m
4/28/2021 : Public token sale - Raised $3.8m