Name: BENQI
Brand: Binance
Availability: InStock

Price of BENQI Today

The live price of BENQI is $0.003349 per (QI / USD) with a current market cap of $24.11M USD. 24-hour trading volume is $1.33M USD. QI to USD price is updated in real-time. BENQI is -2.65% in the last 24 hours with a circulating supply of 7.20B.

QI Price History USD

Date Comparison	Amount Change	% Change
Today	$-0.000091	-2.65%
30 Days	$-0.000256	-7.1%
60 Days	$-0.000994	-22.88%
90 Days	$-0.002804	-45.57%

BENQI Chart Performance

24h Low & High

Low: $0.003235

High: $0.003443

The highest and lowest price paid for this asset in 24 hours.

All Time High

$0.408055

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

+1.17%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

-2.65%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

-4.14%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $0.003235

High: $0.003443

All Time High

$0.408055

Price Change (1h)

+1.17%

Price Change (24h)

-2.65%

Price Change (7d)

-4.14%

About BENQI (QI)

BENQI is a non-custodial liquidity market protocol running on Avalanche. The BENQI protocol states that it was designed to address issues of high network fees that create a barrier of entry for people looking to enter the crypto trading market by offering a suite of DeFi protocols on a purportedly scalable and decentralized platform. The platform is powered by its native token QI, denominated by the $QI ticker.

The protocol enables users to contribute their assets to a shared pool, making them available for others to borrow. By supplying liquidity to the protocol, users can earn rewards, whereas borrowers can access funds by providing collateral exceeding the loan amount.

BENQI claims that it is the first liquidity marketplace built on Avalanche's C chain, and its services include a lending market and liquidity mining. Users can lend idle assets to supposedly earn interest or choose to lend assets as collateral on BENQI. For instance, users can provide unused ETH to the lending market, earning interest on their deposits. The lent ETH can then serve as collateral to borrow AVAX, for which they will pay interest. Users can stake, borrow and lend tokens within the BENQI platform and participate in network management.

BENQI is partnered with KyberSwap, Pangolin, Keystone, and other projects.

Benqi has a maximum and circulating supply of 7.2 billion QI, with the full supply currently in circulation. BENQI (QI) is listed on Binance for trade and purchase. The current price of BENQI price is updated and live-tracked on Binance in real-time.

People Also Ask: Other Questions About BENQI

What is QI Used For?

QI is BENQI's native platform cryptocurrency. QI is the governance token of the protocol, where token holders are in charge of the governance of the direction of the BENQI platform's growth and parameter changes.

How to Buy BENQI (QI)?

BENQI (QI) can be purchased directly from Binance. BENQI (QI) can also be traded for other cryptocurrencies. Live BENQI coin price is updated in real-time on Binance. Additionally, BLANK price and purchase information is available for users in our How To Buy BENQI (QI) guide.

Who is the Founder of BENQI?

BENQI is a product of Rome Blockchain Labs, Inc, an incubator and software development company. JD Gagnon, Hannu Kuusi, and Alexander Szul co-founded the company. Gagnon also serves as CSO of Etheralabs, Inc and, together with Kussi, has over 20 years of experience in the ICT space. He has been involved in cryptography since its early days. Hannu Kuusi. Alexander Szul is the other co-founder of Rome Blockchain Labs, Inc, developing Velox and managing the development of the BENQI liquidity marketplace platform.

BENQI was founded in 2021 with $6 million in backing. The QI coin price reached its all-time high in late 2021 at $0.37 per coin.

What is the Circulating Token Supply of QI?

At the time of writing, Benqi has a maximum and circulating supply of 7.2 billion QI, with the full supply currently in circulation.

What Makes BENQI Different From Others?

The BENQI protocol claims to be the Avalanche platform's first DeFi Lending protocol. DeFi users from crowded and centralized networks can relocate and deposit idle assets on BENQI with supposedly no entry barriers and allegedly minimal network prices.