Avalanche Lending Protocol BENQI Hits $1B in TVL Just Days After Going Live

Avalanche Lending Protocol BENQI Hits $1B in TVL Just Days After Going Live

The post Avalanche Lending Protocol BENQI Hits $1B in TVL Just Days After Going Live appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Avalanche lending protocol BENQI hits $1 billion in total value locked(TVL) just a few days after it went live. It’s worth noting that it took DeFi lending platform Aave (AAVE) 8 months to reach the billion-dollar mark. As explained by its creators, BENQI is an algorithmic liquidity market protocol.This Decentralized Platform has attracted $1B since …