BENQI Liquid Staked AVAX (SAVAX)

Overview

BENQI Liquid Staked AVAX (SAVAX) market snapshot: Price $10.7700, market capitalization $200.60M, and reported 24-hour volume $232.46K. Inclusive source market cap rank #249 · market dominance 0.01%.

Trading activity: Reported 24-hour volume equals 0.12% of market capitalization. The local markets snapshot lists LFJ V2.2 (Avalanche), Pharaoh Exchange and LFJ among venues with observed trading activity.

YearBull indicators: YearBull Rank #5,131. Bull Score 50/100. YB Market Risk Low. This relative market-volatility label is not an investment-safety assessment. Cycle Early. Observed price change: 24h -6.59% · 7d -8.42% · 30d -24.10%.

Values are descriptive and should be read together rather than as a price forecast. Read the YearBull methodology. Snapshot date: 2026-10-30. Data history: 48 daily observations available in the latest 90-day window.

Methodology responsibility: YearBull’s analytical methodology and presentation rules are developed and maintained by Alan Zelvin, Founder & Lead Crypto Researcher. This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.

What is BENQI Liquid Staked AVAX (SAVAX)?

YearBull Project Summary: BENQI Liquid Staked AVAX (SAVAX) is most accurately interpreted from its verified project identity, source-supported mechanics and the applicable network or contract setting, without blending outstanding risks into corroborated facts.

Source description

“BENQI Liquid Staking is the first liquid staking protocol for Avalanche. Users stake AVAX with BENQI, and receive sAVAX, an interest bearing version of AVAX. This allows users to earn both the rewards for securing the Avalanche network and from the world of DeFi.”

This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.

BENQI Liquid Staked AVAX (SAVAX) project facts

  • Source tags: Avalanche Ecosystem, Liquid Staking Tokens, Liquid Staking
  • Recorded networks: Avalanche

Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.

BENQI Liquid Staked AVAX (SAVAX) FAQ

How does BENQI Liquid Staking represent staked AVAX?

The project states that users stake AVAX through BENQI and receive sAVAX in return. It presents sAVAX as an interest-bearing version of AVAX, allowing users to hold a token that represents their participation in the liquid-staking process rather than receiving only a conventional staking position.

What reward streams does the project associate with sAVAX?

BENQI says sAVAX can provide access to two potential reward sources: rewards linked to helping secure the Avalanche network and opportunities from decentralized finance. The project frames this combination as a way for users to retain a liquid token while pursuing staking-related returns and participating in broader DeFi activity.

Why does BENQI describe its staking model as liquid?

The liquid-staking model is presented as a way to receive sAVAX after staking AVAX, rather than leaving the user with only the originally deposited asset. This structure is intended to give the staked position a tokenized form that can remain usable within the DeFi ecosystem, although the specific integrations and transaction conditions are not stated.

Which ecosystem does BENQI Liquid Staking target?

BENQI Liquid Staking is positioned for the Avalanche ecosystem. The project says its service enables users to stake AVAX, the network’s native asset, while receiving sAVAX. Its stated focus therefore combines Avalanche network participation with access to decentralized-finance activity connected to that ecosystem.

How does the project characterize its place in Avalanche liquid staking?

BENQI describes its liquid-staking protocol as the first of its kind for Avalanche. This is a claim made by the project and is not independently established here. The stated model centers on converting staked AVAX into sAVAX, an interest-bearing token intended to preserve a liquid representation of the staked position.

BENQI Liquid Staked AVAX metric comparison

This comparison is a stored snapshot generated 2026-10-29 06:30 UTC from 79 daily observations available from 2025-12-30 through 2026-10-29. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.

MetricSnapshot30d before90d beforeChange vs 30dUniverse percentile
Price$11.19$14.30$12.35-21.7%n/a
Market cap$207.41M$259.12M$227.92M-20.0%P97.9
YearBull Rank#5,042#5,428#3,030Improved 386P41.8
Bull Score48/10072/10032/100-24.0 ptsP52.3
Turnover0.00%0.60%0.23%-0.6 ptsP9.8
YB Market RiskLowLowLowUnchangedn/a
CycleEarlyMidEarlyMid → Earlyn/a

Median absolute daily movement 2.24%; distance from the highest local daily price -38.5%; circulating supply change -6.6%. These measurements are descriptive and do not predict future direction.

Editorial research. Identity, project facts, sources, and risks below belong to the dated editorial review. The live analytical snapshot above may be newer and is generated separately from stored market data.

BENQI Liquid Staked AVAX: Liquid AVAX staking and Unstaking workflow

BENQI Liquid Staked AVAX (SAVAX) is most accurately interpreted from its verified project identity, source-supported mechanics and the applicable network or contract setting, without blending outstanding risks into corroborated facts.

sAVAX identity and contract

BENQI says users receive sAVAX when staking AVAX through BENQI Liquid Staking. In the BENQI Liquid Staked AVAX source record, sAVAX identity and contract places this statement in its correct context. The underlying project source, BENQI Liquid Staking overview, ties BENQI Liquid Staked AVAX (SAVAX) to this source-defined setting. The citation does not transform the Avalanche C-Chain staking flow into a forward-looking price claim. That limited reading matters because BENQI documents an unstaking cooldown; immediate liquidity can depend on secondary markets.

BENQI publishes the sAVAX C-Chain contract address. This second BENQI Liquid Staked AVAX fact belongs under Liquid AVAX staking, not under assumptions about price or adoption. BENQI Liquid Staking contracts supports the stated relationship for SAVAX. A reader can use it to distinguish Published sAVAX contract from a namesake asset or an unverified utility assertion. That distinction remains important while Liquid staking depends on validators, protocol contracts and market liquidity.

Liquid AVAX staking

BENQI documents that sAVAX represents a staked AVAX position and its value can accrue staking rewards. For BENQI Liquid Staked AVAX (SAVAX), this evidence develops the Value accrual and DeFi use layer of the article. The verified evidence from BENQI Liquid Staking overview supports this limited source record claim. It leaves current parameters and some user paths unconfirmed. Anyone applying the BENQI Liquid Staked AVAX process must still check the relevant chain, interface, and current deployment, particularly because BENQI documents an unstaking cooldown; immediate liquidity can depend on secondary markets.

The first and third verified facts connect BENQI Liquid Staked AVAX identity with Avalanche C-Chain staking flow. Their shared evidence boundary is practical: BENQI Liquid Staking overview and BENQI Liquid Staking overview describe that relationship, while the BENQI Liquid Staked AVAX participant must verify changing operational settings independently. The combined evidence cannot assure execution without delay, cost, or loss.

Value accrual and DeFi use

BENQI describes use of sAVAX in supported DeFi applications while retaining liquid-token utility. Within the BENQI Liquid Staked AVAX source record, that point anchors Unstaking workflow. The relevant support comes from BENQI Liquid Staking overview and BENQI, so the claim should preserve its documented limit. For SAVAX, the fact explains Published sAVAX contract without confirming access for everyone or a fixed economic effect. That evidence boundary matters because Liquid staking depends on validators, protocol contracts and market liquidity.

Read together, the second and fourth verified facts distinguish the role attributed to SAVAX from the wider BENQI Liquid Staked AVAX system. The evidence in BENQI Liquid Staking contracts and BENQI Liquid Staking overview and BENQI supports those particular links. Nothing here proves that possession automatically delivers every right, waives eligibility, avoids queues, or locks protocol settings. The active result depends on the present BENQI Liquid Staked AVAX implementation.

Unstaking workflow

BENQI documents an unstaking path with a stated cooldown process. This gives BENQI Liquid Staked AVAX (SAVAX) the source record’s clearest source-backed reference. The record at BENQI Liquid Staking overview is more reliable than depending on the SAVAX symbol on its own. For BENQI Liquid Staked AVAX, the checkpoint may be a contract, mint, repository, chain identifier, product page, or another explicit identity reference. It remains time-sensitive where BENQI documents an unstaking cooldown; immediate liquidity can depend on secondary markets.

For BENQI Liquid Staked AVAX, the operating claim and verification anchor form one check. BENQI Liquid Staking overview describes the former, while BENQI Liquid Staking overview supports the latter. The proper project name can still point to a wrong conclusion when deployment identity fails. Current project material should therefore verify BENQI cooldown mechanics before the mechanism informs a user decision.

Risks and unknowns for BENQI Liquid Staked AVAX

BENQI documents an unstaking cooldown; immediate liquidity can depend on secondary markets. Liquid staking depends on validators, protocol contracts and market liquidity. Those source record boundaries apply directly to BENQI cooldown mechanics. The BENQI Liquid Staked AVAX (SAVAX) design may operate as documented while an individual user still encounters technical, operational, legal, liquidity, custody, or market loss.

An evidence-based interpretation of BENQI Liquid Staked AVAX (SAVAX) is evidence-led and conditional. Five verified BENQI Liquid Staked AVAX facts connect identity, selected mechanics, risks, and verification. For SAVAX, time-sensitive addresses, parameters, legal terms, integrations, custody routes, and interfaces require renewed official confirmation. The source record supports neither a market forecast nor protection against technical or financial loss.

Key takeaways

  • BENQI says users receive sAVAX when staking AVAX through BENQI Liquid Staking.
  • BENQI publishes the sAVAX C-Chain contract address.
  • BENQI documents that sAVAX represents a staked AVAX position and its value can accrue staking rewards.
  • BENQI describes use of sAVAX in supported DeFi applications while retaining liquid-token utility.
  • BENQI documents an unstaking path with a stated cooldown process.

YearBull Rank update

Current YearBull Rank for benqi-liquid-staked-avax: #5131.

Rank timeline (last 365 days)

Rank movement (nearest daily data).

Reading rule: lower numbers mean higher placement.

  • 7d window (2026-10-24): #4629 → #5131 (down by 502).
  • 30d window (2026-10-01): #5615 → #5131 (up by 484).

Risk framing: a calm line with small steps can be healthier than spikes. If the last week is quiet, the current rank is usually easier to trust.

Cycle placement: in rotations, improving rank can happen without price leadership. If the line breaks range, confirm with more than one week.

Orderflow context: stable placement often correlates with stable participation. If the line drifts, liquidity may be gradually shifting.

Exchange footprint: fragmentation can make rank more reactive. If the line range widens, access or routing may be changing.

YearBull Rank is a relative placement score used on YearBull to compare a coin against peers within the same dataset. A smaller rank number indicates a stronger position at that moment. Treat it as a directional context tool rather than a standalone verdict.

Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy
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BENQI Liquid Staked AVAX (SAVAX) Markets

Venue refresh pending. Markets last checked: 2026-10-14. The next refresh is queued in the hourly updater. Venue listings and volumes are stored snapshots, not live quotes.
Exchange Top Pair Stored 24h volume (snapshot) Trust Rank
LFJ V2.2 (Avalanche) SAVAX/WAVAX $23.14K #263
Pharaoh Exchange SAVAX/WAVAX $16.80K #195
LFJ JACK/SAVAX $138 #352
Blackhole V3 SAVAX/WAVAX $54 #234
Uniswap V4 (Avalanche) AVAX/SAVAX $4 #297

Listings are ordered by reported snapshot volume. Trust Rank is an external venue-quality indicator; it is not an endorsement or a solvency guarantee.