📊 BENQI Reports Strong January Growth Across Avalanche DeFi
📊 BENQI Reports Strong January Growth Across Avalanche DeFi
📈 January numbers in
BENQI released its January performance metrics, showing continued momentum across its Avalanche-based DeFi platform.
Key Highlights:
- Liquid staking adoption through $sAVAX continued to grow
- Lending markets maintained strong utilization rates
- Ecosystem connectivity expanded as users moved capital between opportunities while staying on-chain
The metrics follow BENQI's recent integration with Binance Wallet and partnership with Anchorage Digital, both aimed at reducing friction for users entering Avalanche DeFi.
BENQI's liquid staking token $sAVAX allows users to stake AVAX while maintaining liquidity for lending, swaps, and other DeFi activities.
This is huge! @BinanceWallet users, BENQI is now one tap away. This integration is designed to help users move from custody to onchain activity faster, whether the goal is staking, swapping, or lending on Avalanche. Stake $AVAX, mint $sAVAX, and keep your capital flexible.
BENQI’s December recap is here, highlighting continued strength in liquid staking adoption and expanding $sAVAX utility across @avax. Explore the full breakdown via the enhanced BENQI @chaoslabs Dashboard. 🔺
BENQI January metrics snapshot: continued adoption of liquid staking via $sAVAX, sustained utilization across lending markets, and growing ecosystem connectivity as more capital moved between opportunities on Avalanche without leaving the chain.
Coindesk’s recent Ecosystem Outlook highlights BENQI TVL as a metric to watch. 👀 “The sector saw robust growth, with the market leader BENQI continuing to expand its staked $AVAX this year.” $sAVAX continued to grow in 2025 as users turned to LSTs for lending, collateralized
📉 2025 Market Outlook: A Year of Divergence We are excited to share our 2025 Ecosystem Outlook, supported by @IOGroup. While L1 prices broadly stagnated, app-layer revenue surged - signaling a potential inversion in value capture from the underlying chains to the apps built on
BENQI is building for real world adoption on Avalanche, not just DeFi insiders. That’s why we partnered with @Anchorage Digital, giving institutions a clean path to stake AVAX, mint $sAVAX, and redeem directly through trusted rails. If you’re building on @avax, $sAVAX is the
New integration just dropped! You can now tap into BENQI directly from @BinanceWallet. Less friction. More liquid staking. 🌊 $AVAX $sAVAX
New integrations are now live on #BinanceWallet ! Check out the newly added dApps: THEO, Anome, GAIB, Benqi, Creditlink, XO Market, AIW3, Intelligence Cubed, Unitas and Beatswap. Discover them now! ⤵️ binance.com/en/mp-cms/app/…
When @Anchorage Digital chose to partner with BENQI, a new world of institutional access to liquid staking and $sAVAX was unlocked. Anchorage clients can now stake $AVAX and mint $sAVAX directly, tapping into @avax’s leading LST and the liquidity, strategies and ecosystem
$NXPC Integration on BENQI Creates Unified Economy for Gaming and DeFi
BENQI has integrated $NXPC tokens into its lending protocol, creating a bridge between gaming and DeFi ecosystems. The integration allows users to supply $NXPC and earn yields while participating in what the protocol describes as "repeatable onchain loops." **Key Details:** - $NXPC can now be supplied on BENQI Lending to earn passive income - The integration connects players from Nexpace and MapleStory Universe with DeFi users - Creates a shared economic layer where gaming assets and DeFi protocols interact **Technical Implementation:** The integration leverages BENQI's existing liquidity market infrastructure on Avalanche, where users can lend and borrow assets in an over-collateralized manner. By adding $NXPC, the protocol extends its utility beyond traditional DeFi tokens into gaming economies. This represents a practical application of cross-sector blockchain integration, allowing gaming tokens to function within established DeFi protocols while maintaining their utility in their native gaming environments.
Anchorage Digital Integrates BENQI's sAVAX for Institutional Avalanche Staking
**Anchorage Digital has integrated BENQI's liquid staking solution**, enabling institutional clients to stake AVAX and mint sAVAX directly through their platform. **Key Integration Benefits:** - Seamless AVAX staking and sAVAX minting for institutional clients - Access to Avalanche's liquid staking ecosystem at institutional scale - Built on sAVAX's proven reliability and composability **BENQI's Growing Dominance:** - 23.3M AVAX currently staked (+5.7M month-over-month) - sAVAX represents 4.3% of all AVAX in circulation - Over 63,000 active stakers using the protocol This partnership extends **institutional-grade access** to Avalanche DeFi, allowing clients to earn staking rewards while maintaining liquidity for other DeFi activities across the ecosystem.
🎮 MapleStory Meets DeFi
**NXPC token is now available on BENQI's Avalanche lending markets** Users can supply NXPC to earn rewards, with full reward details coming this week. **What is NXPC?** - Powers the Nexpace ecosystem and MapleStory Universe Web3 game - Enables true NFT ownership and trading of in-game items - Built on Avalanche for scalability **The ecosystem uses:** - NXPC for transactions - NESO for gameplay mechanics - Avalanche L1 infrastructure This integration brings nostalgic gaming into modern DeFi through [BENQI's lending platform](https://app.benqi.fi/lending).
BENQI Launches Node Voting System Using Miles for AVAX Validation Rewards
**BENQI introduces tangible governance** through its new Node Voting system, allowing users to leverage BENQI Miles for enhanced validator rewards. **Key Features:** - Use BENQI Miles to vote for personal validators - Earn increased $AVAX validation rewards - Validator owners can receive delegations from BENQI Liquid Staking - Amplify validation rewards through increased stake **Community Impact:** This system represents a step toward BENQI's goal of becoming a **truly community-led protocol**. Validator operators can now leverage their Miles to boost their node's delegation and rewards. The voting mechanism creates a direct connection between governance participation and financial incentives, making protocol decisions more tangible for users.