Benqi lending protocol on Avalanche blockchain demonstrates robust DeFi activity in 2024, attracting 26,825 unique depositors with 111,405 deposit transactions versus 87,800 withdrawals. The platform showcases significant capital deployment, with a maximum single lending transaction of $15,391,488.21 and a total net lending volume of $10.78B. Token-specific lending dynamics reveal Bitcoin's BTC.b token experiencing the largest positive volume at $63.9M, while weekly transaction peaks reached 7,673 with a depositor count spike to 3,533.