BENQI

QI tokens are native assets at Avalanche and oversee the entire ecosystem of the BENQI protocol, including Treasury and future iterations of the protocol. BENQI is a decentralized unmanaged liquidity market protocol built on Avalanche. The agreement allows users to easily borrow money and earn interest on their digital assets. Depositors who provide liquidity for the protocol are likely to receive passive income, while borrowers are able to borrow against excess collateral. 
 Decentralized finance (DeFi) has grown substantially in the past two years. Since most of DeFi's activities are now on Ethereum, the network is starting to experience congestion issues, resulting in high network costs. This proved to be a significant barrier for both existing and new users with less capital to justify participation in DeFi. 
BENQI aims to mitigate these issues by providing liquid market protocols on a highly scalable and decentralized platform. Focusing on accessibility, ease of use and low cost, BENQI will enable users to: 
2. Borrow money from the liquid market immediately, using the assets it provides as collateral. 3.
<h3 id="what-is-benqi-qi"> What is benqi (qi)? </h3>
BENQI is a decentralized unmanaged liquidity market protocol built on the high-speed Avalanche smart Contract network. The agreement allows users to use their digital assets to lend, borrow or earn interest. 
 The team chose Avalanche because its decentralized network claims high scalability, low cost, and compatibility with popular plug-in wallets. One of BENQI's goals is to become a cross-chain hub, By connecting the etheric fang just subnet, Polkadot and Binance Smart Chain (< a href = "https://coinmarketcap.com/bsc/" > BSC < / a > ). 
BENQI was founded in 2021 with $6 million in backing. Its strategic investors include Ascensive Assets, Dragonfly Capital, Mechanism Capital, Arrington XRP Capital, Spartan Group, TRGC, and Woodstock Fund, Ava Labs, Morningstar Ventures, GBV Capital, Skynet Trading Ltd, Rarestone Capital, Genblock Capital, Moon Inc. 
< H3 > Who created BENQI? </h3>
Rome Blockchain Labs Inc. Responsible for the development of BENQI. It's an incubator and software development company, Specializing in decentralized financial (< a href = "https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance" > DeFi < / a > ). JD Gagnon is one of the co-founders and ceos of Blockchain Lab in Rome. The other two co-founders are Hannu Kuusi and Alexander Shul. 
JD Gagnon graduated with a Bachelor of Business degree in Finance and Accounting from the University of Alberta in Edmonton, Canada. Prior to the Blockchain lab in Rome, Gagnon had already created the Velox algorithmic trading platform. Gagnon is also Scotch & Ramen Media, Inc. Founder and CEO and CSO of Etheralabs, Inc. 
Hannu Kuusi has experience building institution-level infrastructure for financial technology (Fintech) and military applications. 
Alexander Szul is responsible for managing the development of the BENQI liquid Market platform. 
< H3 > What makes BENQI (QI) different? </h3>
BENQI (QI) claims to be the first DeFi project on Avalanche. It provides DeFi users from congested and centralized networks with the option to move and place their unused assets on BENQI without any barriers and low network fees. Avalanche allows BENQI users to seamlessly and economically access decentralized financial services and increase control over their policies. 
 Developers can choose to use BENQI to create financial products using protocols and transferable income tokens. 
BENQI also aims to alleviate the overloading of the Ethereum network by providing cheaper and faster alternatives for Ethereum users. BENQI members can withdraw liquidity from the shared liquidity market and borrow from the liquidity market at a clear interest rate. 
< H3 > How many BENQI (QI) coins are in circulation? </h3>
 The BENQI protocol launched its own QI token on 28 April 2021. The token controls the entire BENQI ecosystem, including shares and future versions. Only QI token holders can vote and participate in network improvements. 
While the founding team chose to maintain governance control in the early stages of the platform, But their plans include a move toward decentralized autonomous organizations (<a Href = "https://coinmarketcap.com/alexandria/glossary/decentralized-autonomous-organizations-dao" > DAO < / a > ) Transition. In the future, all token holders will be able to contribute to the development of the project, make proposals and vote on issues. 
 The total supply of QI is 7,200,000,000 tokens, most of which are scheduled to be distributed through the Liquidity mining program by 2024. The initial coin offering on April 28, 2021 (<a Href = "https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico" > ICO < / a > ), 504,000,000 QI were sold on the Tokensoft platform. Of the total supply, 25% is allocated to token sales, 10% to the team, 14% to the Treasury, 1% to exchange liquidity, and finally 50% to liquidity mining. 
<h3> How to secure BENQI network? </h3>
 QI is a kind of < a href = "https://coinmarketcap.com/alexandria/glossary/erc-20" > ERC - 20 generations < / a > COINS, Therefore protected by Ethereum's Ethash consensus algorithm. BENQI also used to understand your customers (< a href = "https://coinmarketcap.com/alexandria/glossary/kyc" > KYC < / a > ) program to increase security. 
<h3> BENQI (QI)? </h3>
As of May 2021, QI is not publicly traded on any exchange.

0x8729438EB15e2C8B576fCc6AeCdA6A148776C0F5

BENQI (BENQI) Intro

Website

Telegram

Twitter

Media

Whitepaper

Explorer1

Explorer

Source Code

https://image.coinpedia.org/wp-content/uploads/2026/02/14141421/%E2%80%98Big-Short-Exposed-Did-a-Hong-Kong-Hedge-Fund-Trigger-the-Bitcoin-Price-Crash-1024x536.webp

Bitcoin Exchange Reserves Drop to 2019 Levels: Is a BTC Supply Shock Coming?

https://www.newsbtc.com/wp-content/uploads/2026/03/a_848007.png?resize=1024%2C503

Saylor Reloads? Bitcoin Buy Signal Appears As BTC Nears $67K

highest

Duration

lowest

facebook

twitter

reddit

weibo

github

Please note that you are going to a third-party website. This website is not controlled by MyToken and you are responsible for your own operation risks.

MyToken (www.mytokencap.com) is dedicated to meeting users' comprehensive needs for global digital asset market data and news, and is one of the most influential digital asset market websites in the industry. We strive to provide the best one-stop investment experience for global users, presenting valuable content, news, and social experiences, as well as integrating more in-depth investment tools.

About Us - MyToken

What is MyToken?

Strategy Trading

On-chain Monitoring

The Future is Here

Learn about MyToken

{{name}} Price_{{symbol}} Today’s Market_{{name}} K-line Chart - MyToken

MyToken provides global cryptocurrency users with the latest {{name}} price, {{name}} today's market, {{name}} K-line trend chart, trading platforms, as well as {{name}} news, calendar events, holding changes, overall market trend, trading pair transaction proportion, market cap ranking trend chart

{{exchange}}{{name}} Price_{{symbol}} Today's Market_{{name}} K-line Trend - MyToken

Name

Currently, fund inflows are less than outflows {{compare}} outflow

Future market may have a {{judge}} possibility

The current market strength is relatively {{value}}, please control risks reasonably

The short-term trend has not yet formed a consensus, it is recommended to wait and observe until the market becomes clear

From a technical perspective, the major trend has not yet formed a consensus

The short-term market is in a {{value}} trend

From a technical perspective, the overall market direction is {{value}}

Based on multiple indicators, the current market trend at the {{time}} level is {{name}}

MyToken provides a comprehensive analysis of the cryptocurrency derivatives market, offering real-time price updates, open interest, and trading volume rankings to help you stay informed on digital asset market trends.

Providing {{pairs}} {{type}} {{exchange_name}} contract prices, trend charts, long/short ratios, liquidation data, funding rates, and more.

{{pairs}} {{type}} {{exchange_name}} Contract Price Chart - MyToken

Crypto Derivatives Market Overview: Real-Time Prices & Trading Insights | MyToken

Current Open Interest/24h Change

BTC 4H Long-Short Ratio

Token Liquidations

Exchange Liquidations

Total Liquidations

Long

Short

Liquidation

Liquidation Information

Liquidation Heatmap

Real-time Liquidation

Market

Derivatives Market Data

Futures Market

Funding Rate Data

Highest Funding Rate

Lowest Funding Rate

Global Liquidation

BTC Global Open Interest

BTC Open Interest on Exchanges

Top Open Interest Losers

Top Open Interest Gainers

Total Open Interest

Open Interest Trend

The statistics reflect the ratio of long and short positions actively traded within a 4-hour period.

Cryptocurrency Funding Rate, Bitcoin Funding Rate, Binance Funding Rate, OKX Funding Rate, Bybit Funding Rate, Perpetual Contract Funding Rate, Real-time Funding Rate Data, Funding Rate Comparison

Real-time Cryptocurrency Funding Rate Comparison, Bitcoin Funding Rate | Binance, OKX, Bybit Perpetual Contract Funding Rate Data | MyToken

By applying to become an order recipient and binding the trading API, you agree to the following disclaimer:

1. API Usage Responsibility: The individual operator acknowledges and confirms that binding the trading API is for executing contract trades. All transactions executed via the API are independent of the order recipient’s decisions, and the order recipient assumes full responsibility for the trading results.

2. Security: The order recipient is responsible for safeguarding their API key. Unauthorized access or use may result in financial loss. Brokers must immediately notify the platform in writing of any unauthorized use.

3. Trading Risks: Using the trading API involves market risks, including but not limited to price fluctuations and slippage. Leaders should independently assess market risks. Individual members should also independently assess market risks, and the platform bears no responsibility for losses caused by market fluctuations.

4. Technical Issues: The use of the trading API may be affected by technical issues, including but not limited to system failures and network interruptions. The platform is not responsible for losses resulting from technical issues.

5. API Key Protection: The order recipient must properly safeguard their API key and not share it with any third party. Any loss caused by the leakage of the API key shall be borne by the order recipient.

6. Compliance: Leaders using the API must comply with all applicable laws and regulations. Violations may result in the termination of the order recipient’s qualification.

7. API Privileges: Leaders acknowledge and agree that the privileges granted by API binding will allow contract trading execution. The platform is not responsible for losses caused by the improper use of API privileges.

8. Disclaimer Changes: The platform reserves the right to modify the disclaimer at any time. Changes will be notified by the platform. By continuing to use the API, the order recipient agrees to any modifications to the disclaimer.

I have read, understood, and agreed to all the terms of the above disclaimer.

Top 100 Cryptocurrencies by Market Cap

Global Cryptocurrency Market Cap

Increased in the Last Day

Crypto Futures Market

24h Futures Trading Volume

Decreased Yesterday

Rising

MyToken - Your Expert in Digital Asset Market Data and Analysis. Providing the latest Bitcoin and cryptocurrency price trends, comprehensive on-chain data insights, and rich market analysis tools to help you stay ahead in the crypto market.

[Real-Time Update] Bitcoin & Crypto Market Price Trends and On-Chain Analysis - MyToken Market Insights

MyToken offers a comprehensive set of cryptocurrency analysis tools, covering real-time price updates, market trend analysis, and the latest crypto data. A one-stop solution to help you deeply understand and navigate the digital asset market.