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BENQI

BENQI is a suite of DeFi protocols on Avalanche offering liquid staking, lending and borrowing, validator deployment, and node voting. It serves AVAX holders, digital-asset lenders and borrowers, and Avalanche validator operators.
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BENQI Markets


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Description

BENQI Markets provides lending and borrowing pools through Core Markets for liquid assets and Avalanche Ecosystem Markets for long-tail assets and tokenized real-world assets. The protocol uses algorithmic interest rate models and isolated market architecture for risk management.

Category: Decentralised Borrowing & Lending
TVL: $82M

Chains:
AvalancheAvalanche

Ignite


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Description

Ignite deploys Avalanche validators and Subnets through Pay-As-You-Go weekly fee options or QI staking models, eliminating technical complexity and capital requirements for validator operation.

Category: Node Hosting

BENQI Liquid Staking


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Description

BENQI Liquid Staking tokenizes staked AVAX through C-Chain staking, issuing sAVAX tokens that maintain liquidity while earning validation rewards. The system allocates delegations using a 35/65 split between community-voted validators and randomly selected validators meeting minimum criteria.

Category: Liquid Staking
TVL: $147M

Chains:
Avalanche