Fluid vs BENQI — how do they compare? Fluid trades at Rp20,474 (market cap Rp1,72T, Rp22,97M 24h volume), while BENQI trades at Rp23.51 (market cap Rp168,35M, Rp9,11M 24h volume). The key difference: Fluid is far larger — about 10216.8× BENQI's market cap, and BENQI's supply is capped (7,2B / 7,2B QI (100%)) while Fluid's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Fluid for 9 Days and BENQI for 48 Days on average.
| FLUID | QI | |
|---|---|---|
Market Cap | Rp1,72T | Rp168,35M |
Volume (24h) | Rp22,97M | Rp9,11M |
Circulating Supply | 83,7M FLUID | 7,2B / 7,2B QI (100%) |
Typical Hold Time | 9 Days | 48 Days |
What Pluang investors did over the last 30 days
Fluid Protocol (formerly known as Instadapp) is a next-generation DeFi platform that reDeFined capital efficiency through its seamless integration of smart collateral management, innovative Vault borrowing, and an embedded DEX. Recently rebranded to align with its vision of being the “Liquidity Layer of DeFi,” Fluid is launching a strategic growth initiative powered by restructured tokenomics, algorithmic buybacks, and a one-time allocation from its treasury to fuel expansion. With a smooth 1:1 token migration from INST to FLUID and zero dilution for holders, the protocol is poised to scale rapidly. Fluid aims to become the leading DEX on Ethereum by volume and achieve a market footprint of $10 billion.
Read more on FLUID →BENQI is a decentralized non-custodial liquidity market as well as a liquid staking protocol built on the high-speed Avalanche smart contract network. The lending protocol allows users to lend, borrow, or earn interest using their digital assets. The Liquid Staking protocol provides a solution for capital efficiency, offering users the opportunity to unlock their “staked” AVAX to be used on Decentralized Financial protocols.
Read more on QI →