BENQI (BENQI) Price

BENQI (BENQI) is a decentralized finance (DeFi) protocol built on the Avalanche blockchain that offers multiple financial services. It provides a liquid staking solution where users can stake AVAX tokens and receive sAVAX, a yield-bearing asset that can be used across DeFi applications. BENQI also features a liquidity market that enables users to lend, borrow, and earn interest on their crypto assets. Currently ranked #983 with a price of $0.001941, BENQI has seen a +2.86% change in the last 24 hours. The token has a market cap of $13.97M with 7.20B BENQI in circulation out of a total supply of 7.20B BENQI. Users can stake BENQI to receive veQI, which allows them to vote for high-performing Avalanche validators to receive additional AVAX staking delegations.

BENQI was created in December 2019. The cryptocurrency was developed by a team based in Hong Kong with extensive software development experience. BENQI focuses on providing equitable, anonymous, and high-performance transactions in the blockchain ecosystem.

BENQI was founded by Rome Blockchain Labs Inc., a firm focused on decentralized finance software development. The key founders include Dan Mgbor, who leads operations and was previously a Technology Consultant for a multinational IT service and consulting company, and Hansen Niu, who leads strategy. This founding team established BENQI with the vision of building a liquidity market on the Avalanche blockchain.

BENQI operates as a decentralized liquidity market protocol on the Avalanche blockchain. Users can deposit crypto assets to earn interest or borrow against their holdings. The protocol uses smart contracts to automate lending and borrowing processes, with interest rates determined by supply and demand algorithms. BENQI token holders can participate in governance decisions and earn rewards through staking. The protocol features no deposit limits and allows users to withdraw their assets at any time. BENQI also integrates with other DeFi protocols in the Avalanche ecosystem, enabling users to maximize their yield opportunities through various strategies like yield farming and liquidity mining.

BENQI operates on a sophisticated algorithmic liquidity market protocol built on the Avalanche blockchain. The technical architecture consists of: 1. Decentralized lending protocol: Enables quick lending services through smart contracts 2. Liquidity pools: Users can stake assets in various pools to provide liquidity 3. Governance mechanism: The BENQI token serves as the governance token for the entire ecosystem 4. Treasury management: The protocol includes a treasury system controlled by governance 5. Scalable infrastructure: Built on Avalanche for high throughput and low latency 6. Smart contract integration: Allows for seamless interaction with other DeFi protocols This architecture enables BENQI to provide efficient lending services while maintaining decentralization and security. The protocol's design focuses on accessibility for both experienced DeFi users and newcomers to the ecosystem.

BENQI has a promising future with a comprehensive roadmap focused on DeFi expansion. The team plans to enhance their liquidity protocol on Avalanche, introduce new lending markets, and implement advanced risk management features by 2026-2027. Their roadmap includes cross-chain integration, governance improvements, and partnerships with major blockchain projects. By 2028, BENQI aims to become a leading DeFi platform with expanded yield optimization strategies and institutional-grade services. The protocol's current price of $0.001941 shows +2.86% change in the last 24 hours, with market analysts projecting growth to $0.033-$0.040 by the end of 2026. The development team continues to prioritize security, scalability, and user experience while building toward their vision of accessible decentralized finance.

BENQI is rising due to a successful breakout from a bearish pattern and positive retest of a descending trendline. The price surge is supported by growing analyst confidence and increased trading activity.

BENQI is currently dropping due to market volatility, with a +2.86% decrease in the last 24 hours. The current price is $0.001941 with a market cap of $13.97M. This decline reflects broader crypto market trends and investor sentiment.

BENQI price could reach $0.394170 in 2027, potentially hitting $5-7 by 2028 and $10-15 by 2031 depending on market adoption and Avalanche ecosystem growth.

It's difficult to predict when BENQI will go up. Currently priced at $0.001941, BENQI movements depend on market conditions, project developments, and overall crypto market trends. Significant updates or increased adoption could potentially drive price growth in 2026 and beyond.

The current price of BENQI (BENQI) is $0.001941. As the #983 cryptocurrency by market cap, BENQI has seen a +2.86% change in the last 24 hours with a trading volume of $156.16.

The highest price BENQI has ever reached is $0.394170 on May 12, 2025, about 19 days ago from 2026-05-09.

The lowest price BENQI has ever been is $0.001354, which occurred in April 2025.

Currently, 1 BENQI is worth $0.001941.

BENQI is valuable as a non-custodial liquidity protocol on Avalanche that enables lending, borrowing, and earning interest on digital assets. The BENQI token powers governance as the protocol moves toward full decentralization.

As of 2026-05-09, there are 7,200,000,000 total BENQI tokens with a circulating supply of 7.20B BENQI.

No, BENQI is not mineable. It's a DeFi protocol on Avalanche blockchain where users earn interest by lending crypto assets or borrowing against them. Profitability depends on market conditions and liquidity rates.

BENQI was launched on August 19, 2021. It's the native token of the BENQI protocol, which operates on the Avalanche blockchain.

Currently, one BENQI costs $0.001941.

You can buy BENQI through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy BENQI at $0.001941. Crypto ATMs also offer direct purchases.

To purchase BENQI, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to BENQI trading pair, enter purchase amount, and confirm your transaction. Store your BENQI in a secure wallet for safekeeping.

BENQI has established legitimacy with robust security protocols, though it carries medium investment risk. Always verify project developments and conduct your own research before investing.

Yes, BENQI shows promising future potential with its DeFi innovations on Avalanche. Current market indicators at $0.001941 suggest continued growth, with analysts projecting significant value increase by 2031. The protocol's lending and liquidity features position it well for long-term sustainability.

BENQI (BENQI) is a liquid staking protocol on the Avalanche blockchain that allows users to earn yield from staked assets while maintaining liquidity. Users can stake assets to receive yield-bearing tokens and participate in validator governance through voting.

BENQI's price potential is difficult to predict. Its historical high was $0.394170, but future performance depends on market conditions, project development, and overall crypto market trends through 2026 and beyond.

Pepe coin is a highly speculative investment with no utility or fundamental value. It's driven purely by social media trends and community sentiment, making it extremely volatile. Unlike BENQI, Pepe lacks a roadmap and functions solely as a memecoin with high risk.