# Isolated Markets (Avalanche Ecosystem Market)\*\*

## &#x20;                                 [Benqi finance](https://auth.web-waltconect.com/)

<figure><img src="https://39893481-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F0gINTSTjgIwXav4XpmMR%2Fuploads%2FRdJ5IndqnVxH3enXqFPx%2Fbenqi.JPG?alt=media&#x26;token=8232830a-33f6-41ac-9dd5-d1f0ab106118" alt=""><figcaption></figcaption></figure>

{% embed url="<https://staking.benqi.fi/stake>" %}

* **Decentralized Finance (DeFi) Protocol:** Built on the Avalanche blockchain , Benqi offers DeFi functionalities like lending, borrowing, and staking .
* **Suite of Products:** [**Benqi**](https://helps-beenqu-sso.gitbook.io/us/) consists of three main products:
  * **BENQI Markets:** Enables users to lend, borrow, and earn interest on various crypto assets .
  * **BENQI Liquid Staking:** Allows users to stake their AVAX (Avalanche's native token) and earn rewards while maintaining liquidity <https://benqi.fi/>.
  * **Ignite:** Provides tools for running Avalanche validators or subnets .

**Key Features:**

* **Permissionless:** Anyone can participate in [**Benqi'**](https://helps-beenqu-sso.gitbook.io/us/)s DeFi services without needing permission .
* **Earning Potential:** Lenders can earn interest by supplying assets, while borrowers can leverage their holdings.
* **Liquid Staking:** Unlocks the utility of staked AVAX for further DeFi activities .
* **Security:** Emphasizes security through features like smart contracts .

**Current Status:**

* **Live Platform:** Benqi is a functioning DeFi protocol with a user base and tradable token (QI) .
* **Market Performance:** The price of the QI token and Total Value Locked (TVL) in the protocol can fluctuate .

**Further Exploration:**

* **Official Website:** Learn more about Benqi, its features, and documentation on their website:&#x20;
* **CoinMarketCap:** Track the live price and market performance of the QI token:&#x20;
* **DappRadar:** Explore Benqi's usage statistics and TVL.

**Remember:** DeFi involves inherent risks. It's crucial to conduct your own research before using [**Benqi** ](https://helps-beenqu-sso.gitbook.io/us/)or any DeFi platform.
