Benqi Lending (QI)

Total Value Locked$240.83m

Chain Breakdown
Avalanche	$240.83m

Include in TVL (optional)
Borrowed	$90.35m
Pool2	$101.49k

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

Audits

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Token Information

Address:0x872943...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 ($17b)Euler V2 ($577.17m)AAVE V2 ($302.91m)TermFinance Lend ($34.73m)Iron Bank ($15.25m)JustLend ($3.77b)Morpho Blue ($2.83b)SparkLend ($2.18b)Compound V3 ($1.7b)Venus Core Pool ($1.61b)

Raises

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