Looking for the best USDT interest rates? Benqi offers an APY of Variable for holding Tether. In this 2025 review, we analyze if Benqi is safe, how the yield is generated, and the risks involved.
Quick Stats: Benqi Earn
- APY: Variable
- Lock-up Period: None
- Risk Level: Medium
- Verdict: Lending on Avalanche.
Is Benqi Safe for USDT Staking?
Yield comes with risk. Benqi is a DeFi (Avax) platform.
- If it’s a CEX/CeFi: You trust them not to go bankrupt (like Celsius).
- If it’s DeFi: You trust the code not to be hacked.
Our Take: Medium risk. Generally considered safe for diversification.
Potential Earnings Calculator (1 Year)
| Deposit | Est. Interest (Variable) | Total Balance |
|---|---|---|
| $1,000 | ~$50-$100 | ~$1,050-$1,100 |
| $10,000 | ~$500-$1,000 | ~$10,500-$11,000 |
How to Start Earning
- Create an account / Connect wallet to Benqi.
- Deposit USDT (TRC20/ERC20).
- Navigate to the “Earn” or “Lending” section.
- Subscribe to the None product.
