BENQI-LIQUID-STAKED-AVAX Price
(SAVAX)
$22.46
4.01%
High / Low 24h
24hKey Metrics
Market Cap
249.6 million
24h Trading Volume
491.4 thousand
Circulating Supply
11.1 million
Max Supply
∞
SAVAX to USD
1 SAVAX = 22.46 USD
Last updated at 11:25 AM
The Benqi-liquid-staked-avax price today is $22.46, reflecting a, 4.010000% increase over the past 24 hours. With a 24-hour trading volume of $491.4 thousand and a market capitalization of $249.6 million, Benqi-liquid-staked-avax maintains its position as the #256 ranked cryptocurrency by market cap. It currently dominates 0.0072% of the total crypto market.
Benqi-liquid-staked-avax reached an all-time high of $103.55 on April 2, 2022, and recorded its lowest price of $9.25 on September 14, 2023. The asset has a circulating supply of 11.1 million SAVAX out of a maximum supply of ∞ SAVAX.
Market sentiment remains optimistic, with the Fear & Greed Index showing a value of 71, indicating a state of, indicating a state of Greed.
Strengths
Higher yield through liquid staking options.
Integration with Avalanche ecosystem benefits.
Secure staking protocol with low risk.
Weaknesses
Limited adoption compared to major tokens.
Potential smart contract vulnerabilities.
Market volatility may affect staking returns.
benqi-liquid-staked-avax was created as part of the BENQI protocol on the Avalanche network. The primary purpose is to allow users to earn yield on their staked AVAX while maintaining liquidity through liquid staking.
The BENQI protocol was developed by a team of experienced blockchain professionals and enthusiasts. Their goal is to increase the accessibility and functionality of decentralized finance on the Avalanche platform.
benqi-liquid-staked-avax utilizes a unique liquid staking mechanism, allowing users to stake AVAX while receiving a liquid token in return. This token represents the staked amount and can be used in various decentralized applications.
Yield Generation
Holding benqi-liquid-staked-avax allows users to earn rewards from both staking and participating in DeFi protocols, creating a dual income opportunity.
User Flexibility
The liquid staking model provides users with the flexibility to access their assets effectively while still participating in staking rewards.
Avalanche Integration
benqi-liquid-staked-avax enhances the functionality of the Avalanche network by incorporating high-speed transactions and low fees, making it a vital component of the decentralized finance ecosystem.
Trending Coins
Bitcoin
BTC
$107,862.43
0.00%
Solana
SOL
$146.56
0.00%
Cardano
ADA
$0.57
0.00%
Hyperliquid
HYPE
$38.49
0.00%
Sui
SUI
$2.86
0.00%
Avalanche
AVAX
$17.66
0.00%
Toncoin
TON
$2.77
0.00%
Ondo
ONDO
$0.777
0.00%
SAVAX TRENDS
Live Data
Live SAVAX Prices
CHF
SGD
IDR
EUR
MYR
MXN
INR
GBP
Top SAVAX Price Today Conversions
SAVAX to CNY
1 SAVAX = 186.25 CNY
SAVAX to BRL
1 SAVAX = 121.16 BRL
SAVAX to PKR
1 SAVAX = 7341.28 PKR
SAVAX to AUD
1 SAVAX = 35.68 AUD
SAVAX to USD
1 SAVAX = 22.46 USD
SAVAX to JPY
1 SAVAX = 3335.5 JPY
SAVAX to CAD
1 SAVAX = 31.46 CAD
SAVAX to HKD
1 SAVAX = 209.94 HKD
SAVAX to TRY
1 SAVAX = 911.01 TRY
SAVAX to RUB
1 SAVAX = 2115.32 RUB
SAVAX to KRW
1 SAVAX = 36232 KRW
SAVAX to ZAR
1 SAVAX = 414.76 ZAR
PRICE OF SAVAX IN USD
SAVAX
USD
1 SAVAX
$22.46
5 SAVAX
$112.30
10 SAVAX
$224.60
25 SAVAX
$561.50
50 SAVAX
$1,123.00
100 SAVAX
$2,246.00
500 SAVAX
$11,230.00
1000 SAVAX
$22,460.00
5000 SAVAX
$112,300.00
10000 SAVAX
$224,600.00
50000 SAVAX
$1,123,000.00
USD
SAVAX
1 USD
0.04452 SAVAX
5 USD
0.22262 SAVAX
10 USD
0.44524 SAVAX
25 USD
1.11309 SAVAX
50 USD
2.22618 SAVAX
100 USD
4.45236 SAVAX
500 USD
22.26180 SAVAX
1000 USD
44.52360 SAVAX
5000 USD
222.61799 SAVAX
10000 USD
445.23598 SAVAX
50000 USD
2226.17988 SAVAX
