Lending
Benqi Lending
Total TVL
$88.77M
Active pools
15
Chains supported
1
Official site: https://benqi.fi ↗
Overview
Benqi Lending is a non-custodial lending protocol that facilitates borrowing and lending of various assets, generating interest for lenders while charging borrowers for loans secured by collateral. The platform's single-chain focus on Avalanche simplifies risk management but limits its exposure to other networks.
The protocol holds $115M in TVL across 15 active pools solely on Avalanche, indicating a concentrated footprint on this chain. This singular reliance suggests potential concentration risk should issues arise within the Avalanche ecosystem.
Audit posture is light, with only one audit reference available. The market cap of $11.47M is notably lower than its TVL, reflecting a common scenario where token value does not fully capture protocol utility or revenue streams. Benqi Lending maintains an official website for users and developers.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
| Chain | TVL on chain |
|---|---|
| Avalanche | $88.77M |
TVL history
Top pools
| Chain | Symbol | TVL | APY |
|---|---|---|---|
| Avalanche | SAVAX | $67.63M | 0.00% |
| Avalanche | USDC | $4.45M | 3.84% |
| Avalanche | BTC.B | $4.04M | 1.23% |
| Avalanche | USDT | $3.36M | 1.27% |
| Avalanche | WBTC.E | $1.38M | 0.01% |
| Avalanche | WETH.E | $1.37M | 1.53% |
| Avalanche | AVAX | $1.10M | 3.97% |
| Avalanche | LINK.E | $572.0K | 0.02% |
| Avalanche | AUSD | $115.4K | 1.85% |
| Avalanche | USDC.E | $111.1K | 1.90% |
FAQ
› What is Benqi Lending?
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.
› How much TVL does Benqi Lending have?
Benqi Lending has $88.77M in total value locked across all supported chains as of the last refresh.
› How many active pools does Benqi Lending have?
We currently track 15 active pools for Benqi Lending.
› Is Benqi Lending audited?
DefiLlama lists 1 audit for Benqi Lending. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.