Benqi Staked Avax
Overview
TVL
$238.9M
Up 54% over 90 days
Live since
2022
TVL, last 90 days
Moderate
Full data
Security
AuditsAudited by Certora, Zellic, Cyfrin and 3 others, May 2025Audit page
Contract statusAll contracts verified, upgradeablesAVAX (StakedAvax) 0x2b2C…A4bE
Upgrades controlled byMultisig0x832c…89Cd
Multisig4 of 6 signers must approveSafe 0x832c…89Cd
TimelockNone — admin changes take effect immediately
Track record
Through market stressCame through all 5UST/Luna collapse (May 2022) — kept 44% of its depositsFTX collapse (Nov 2022) — kept 87% of its depositsUSDC depeg (Mar 2023) — deposits grew 13%August 2024 crash — deposits grew 19%October 2025 liquidation cascade — kept 68% of its deposits
Exploit historyNone recorded