Benqi

Avalanche liquid staking via Benqi (sAVAX)

Benqi provides liquid staking for Avalanche. Stake AVAX and receive sAVAX, a liquid token representing your staked position.

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What this yield is

• Protocol: Benqi
• Mechanism: Stake AVAX, receive sAVAX
• Rewards: Exchange rate appreciation
• Unbonding: 15 days for protocol redemption
• Withdrawal window: 2 days after unbonding
• Network: Avalanche C-Chain

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Available yields

Yield ID	Token In	Token Out
avalanche-avax-benqi-liquid-staking	AVAX	sAVAX

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Required inputs

Argument	Required	Description
amount	Yes	Amount of AVAX to stake (in wei)

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Actions & lifecycle

Enter

• Single transaction for native AVAX
• Receive sAVAX immediately
• Rewards accrue via exchange rate

Exit

• Request redemption (15-day cooldown)
• Claim AVAX after cooldown + 2-day window
• Alternative: Swap sAVAX on DEX for instant liquidity

Manage

• CLAIM_UNSTAKED: Claim AVAX after unbonding
• RESTAKE: Restake pending amounts

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Pending actions

Action	Description
CLAIM_UNSTAKED	Claim AVAX after 15-day unbonding
RESTAKE	Restake pending or unstaked amounts

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Example flow

Get yield metadata

curl --request GET \
  --url https://api.yield.xyz/v1/yields/avalanche-avax-benqi-liquid-staking \
  --header 'accept: application/json' \
  --header 'x-api-key: <API_KEY>'

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Operational notes

15-day unbonding

Protocol redemption has a 15-day cooldown followed by a 2-day claim window. Miss the window and you’ll need to re-request.

Exchange rate token

sAVAX uses an exchange rate model — balance stays constant, value vs AVAX increases over time.

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See also

Liquid Staking Overview

All liquid staking protocols

Avalanche Native Staking

Native AVAX staking