BENQI is an Avalanche-native DeFi protocol that holds the largest total value locked among liquid staking and lending platforms on that network. BENQI's Twitter Score is 76 out of 1000 (a Good rating) as of October 2026, ranking #10,711 (top 5%) among 493,668 tracked accounts.
BENQI was founded by JD Gagnon, Hannu Kuusi, and Dan Mgbor, and its primary development is handled by Rome Blockchain Labs. The protocol launched on Avalanche in August 2021, with its BENQI Liquid Staking product going live in February 2022. Core offerings span four products: BENQI Liquid Staking, BENQI Markets, Ignite, and Node Voting. The liquid staking product tokenizes staked AVAX as sAVAX, a transferable asset that remains usable across DeFi while continuing to accrue staking yield.
BENQI raised $6 million in a strategic funding round led by Ascensive Assets in April 2021. Additional backers include Arrington XRP Capital, Dragonfly Capital, Mechanism Capital, The Spartan Group, and Ava Labs. The protocol's native QI token carries a total supply of 7,200,000,000, and staking QI generates BENQI Miles. Alexander Szul serves as CIO of the project.
BENQI has accumulated 72,804 followers as of October 2026 and has published 5,568 posts. The account has been mentioned by 348 accounts, with 1,512 total mentions.
BENQI's portfolio includes Dexalot, Float and NAVI Protocol.
Who follows BENQI on X?
The accounts that follow BENQI include 239 founders, 65 angel investors, 160 influencers and 17 VCs. Among them are Laura Shin, Andrew Kang, Haseeb Qureshi, Smolting Wassie, Tarun Chitra and John Wang.