Benqi
Rating
Score93.00
Sec. Infrastructure Overview
Recent Security Incidents
Incident
Amount Lost
Date
Past Audits
3
19
1 Jan 1
Past Audit Reports
Last codebase change was on: 1 Jan 1
- CompanyDateNumber of Vul FoundLink
- 1 Jan 10
- 1 Jan 10
- 1 Jan 10
Code Structure
0
51
0
Code Summery
BENQI is a leading DeFi application on the Avalanche network that offers a suite of protocols for staking, lending, and validator deployment. Its core products include liquid staking with sAVAX, which allows users to stake AVAX while maintaining liquidity, and lending/borrowing services that facilitate interest earnings on digital assets. The platform features two primary markets: Core Markets for highly liquid assets and Avalanche Ecosystem Markets for a wider range of assets, ensuring specialized risk management. Additionally, BENQI provides Ignite, a solution for easily launching Avalanche validators with minimal upfront costs, catering to both short-term and long-term use cases.
Centralization
18 out of 20
No upgradability
Go to Dapp
2.00
Poor
Excellent
Admin / Governance Functions
Timelocks
Uses Timelocks
Pauseability
Can be paused
Admin Wallet
0x
No timelocks
Recommendations
Assets that are supplied or borrowed on the protocol could fluctuate in value due to the systemic risks of the issuing platforms or market volatility, including the loss of peg of certain pegged assets. This could result in the liquidation or closing of a user' position.
User Rating
No ratings
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