BENQI QI

What QI actually is on-chain

BENQI is an ERC-20 on the C-Chain deployed on Avalanche, at contract address 0x8729438eb15e2c8b576fcc6aecda6a148776c0f5. That address, not the ticker QI, is what uniquely identifies this asset: anyone can deploy a second token calling itself QI, but the contract is unforgeable. Verify it against snowtrace.io before sending funds or approving a spend.

Because it lives on Avalanche, QI is held in any EVM-compatible wallet, transfers are paid for in AVAX rather than in QI itself, and secondary liquidity sits in Trader Joe pools. Two consequences follow for anyone setting alerts: you need AVAX in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

Another asset tracked on this site also uses the ticker QI: Qi Dao (Base, 0xd3fd…d7d7). The asset on this page is specifically the Avalanche deployment at 0x8729…c0f5. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For QI the project publishes an active account as @BenqiFinance. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where QI sits in the market

At #1095, BENQI is in the upper small-cap band. Books at this depth are thin enough that one sizeable market order can move the printed price by several percent and retrace within minutes, which is precisely why a single static price target makes a poor trigger — you want a condition that survives one wick. Availability is concentrated in a handful of venues and volume-based delisting is a live risk rather than a theoretical one.

CryptoPingAi is currently streaming 1 live QI order book (Binance). That is thinner coverage than a #1095 ranking would normally imply — a move on one of these books is close to the whole market for QI, with no deep second venue to arbitrage it back. None of the books we see for QI are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

QI against its all-time high

QI is more than 95% below its all-time high of $0.3942 (on 2021-08-24) — a 194x gap. At this point the record has essentially no analytical value: it belongs to a different supply structure, a different holder base and often a different market cycle. The useful reference for QI is the downside, not the peak, so the range section below matters more than this one. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

QI across its historical range

QI has traded across a 291x range, between $0.00135434 and $0.3942. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

QI is within 49.7% of its all-time low of $0.00135434, printed on 2026-03-31. This is the part of a chart with no history: there is no prior trading below this level, so there is no support to reference, no volume shelf and no cost-basis cluster to lean on. Because that low is itself recent, the asset is in an active downtrend rather than sitting at an old floor — each new low invalidates the previous one as a reference.

QI supply and valuation data

BENQI sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for QI but not an audited token count. What we do have is a fully diluted valuation of $13.9 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one snowtrace.io reports for this contract.

What kind of asset QI is

BENQI is a DeFi protocol token, which ties it to total value locked and to the interest-rate environment on-chain. These assets carry a beta to the market plus a second exposure that is easy to miss: protocol risk. A contract exploit or an oracle failure repriced instantly and independently of any market move, and that tail is a real component of holding the token.

CoinGecko files QI under 8 categories, including Decentralized Finance (DeFi), Yield Farming, Binance Launchpool, Lending/Borrowing Protocols, Avalanche Ecosystem. CoinGecko also records deployments on Avalanche (256 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a BENQI alert that is worth receiving

BENQI is the ERC-20 on the C-Chain at 0x8729…c0f5 on Avalanche — quoted on 1 venue we stream — high dated 2021-08-24 — rank #1095. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →