Halal Rating :
Last Price $0.02 Last updated:
Rank 504
1D Change -0.85 %
Market Cap $85.88m
Circulating supply 4,640,791,655
Maximum supply 7,200,000,000

Crypto Overview

  • DeFi
  • Binance Launchpool
  • Avalanche Ecosystem
  • Lending & Borrowing
  • Arrington XRP Capital Portfolio
  • Spartan Group
  • Liquid Staking Derivatives

BENQI is a decentralized non-custodial liquidity market protocol, built on Avalanche. The protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol may earn passive income, while borrowers are able to borrow in an over-collateralized manner.

Crypto Impact

To assign a comfort level investing in BENQI from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to BENQI.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating