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Benqi

Benqi is a lending and liquid staking protocol on Avalanche, with a money market and the sAVAX staking token.

Category
DeFi & Yield
Used for

About Benqi

BENQI is a liquid staking and algorithmic liquidity market protocol operating on the Avalanche network.

Users can interact with the platform to stake AVAX to receive sAVAX, as well as access lending, borrowing, and other DeFi integrations.

Key features

  • The protocol provides liquid staking for AVAX tokens.
  • The platform includes algorithmic lending and borrowing markets.
  • Users receive sAVAX upon liquid staking their AVAX.
  • The interface offers an unstaking feature.
  • The platform features node voting capabilities.

What it is used for

  • Stake AVAX to receive liquid sAVAX tokens.
  • Unstake sAVAX back to standard tokens.
  • Participate in lending and borrowing activities on Avalanche.

What it does

Who it is for

Kind of tool

  • Exchange

Platforms

  • Web

Things to know

  • Users must connect a web3 wallet to interact with the platform.

Verification and freshness

  • Not verified yet.
  • Last updated on November 8, 2026.

Alternatives to Benqi

Tools for the same use cases, not ranked by quality.

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