BENQI vs RedStone — how do they compare? BENQI trades at Rp23.49 (market cap Rp168,84M, Rp9,05M 24h volume), while RedStone trades at Rp1,546 (market cap Rp745,8M, Rp34,13M 24h volume). The key difference: RedStone is far larger — about 4.4× BENQI's market cap, and BENQI's circulating supply is 7,2B / 7,2B QI (100%) versus 480,1M / 1B RED (49%) for RedStone. Which is the better fit depends on your goals — on Pluang, investors hold BENQI for 48 Days and RedStone for 14 Days on average.
| QI | RED | |
|---|---|---|
Market Cap | Rp168,84M | Rp745,8M |
Volume (24h) | Rp9,05M | Rp34,13M |
Circulating Supply | 7,2B / 7,2B QI (100%) | 480,1M / 1B RED (49%) |
Typical Hold Time | 48 Days | 14 Days |
What Pluang investors did over the last 30 days
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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 →RedStone ($RED) is a decentralized oracle network providing customizable data feeds for DeFi across 70+ blockchains. The RED token supports staking and secures the network while rewarding users.
Read more on RED →