BENQI vs Walrus — how do they compare? BENQI trades at Rp23.46 (market cap Rp168,35M, Rp9,11M 24h volume), while Walrus trades at Rp371.71 (market cap Rp933,25M, Rp52,01M 24h volume). The key difference: Walrus is far larger — about 5.5× BENQI's market cap, and BENQI's circulating supply is 7,2B / 7,2B QI (100%) versus 2,5B / 5B WAL (51%) for Walrus. Which is the better fit depends on your goals — on Pluang, investors hold BENQI for 48 Days and Walrus for 24 Days on average.
| QI | WAL | |
|---|---|---|
Market Cap | Rp168,35M | Rp933,25M |
Volume (24h) | Rp9,11M | Rp52,01M |
Circulating Supply | 7,2B / 7,2B QI (100%) | 2,5B / 5B WAL (51%) |
Typical Hold Time | 48 Days | 24 Days |
What Pluang investors did over the last 30 days
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 →Walrus is a decentralized data storage protocol and application development platform that enables apps to manage large data files and rich media content like videos, images, and audio. Built on Sui, it allows for the handling of both on-chain and off-chain data using Move-based smart contracts. Developed by Mysten Labs, Walrus is the first network that permits storage of any data size on-chain at scale. This capability enhances how Web3 projects use their data, supporting the development of diverse on-chain businesses.
Read more on WAL →