1. Starting from 'smart money'

What is smart money? You might think that smart money refers to those whales with huge amounts of cash. However, that is not entirely true. Smart money refers more to investors with a long track record of success, excellent risk management capabilities, and a keen market sense. They focus not only on short-term fluctuations but also on how to move steadily in an uncertain market.

Unlike most investors, smart money is not swayed by short-term market fluctuations; they always maintain a focus on long-term stable returns. They understand that only through reasonable risk control and asset allocation can suitable opportunities be found in an uncertain market. Therefore, smart money tends to choose assets or protocols that can provide stable returns amid market turbulence. Whether through staking, lending, or other stable income methods, they can always find long-term value instead of chasing short-term bubbles.

Moreover, the choices made by smart money have a powerful leading effect on the market. With their keen market sense, they can always discover opportunities for stable returns in a volatile market. Thus, their investment decisions not only inject confidence into the market but also drive capital inflows, guiding changes in market trends. In the face of market uncertainty, the choices of smart money often become a barometer for other investors, influencing the flow of funds throughout the market.

2. BENQI: Why it has become a new choice for smart money

In the spring of 2025, the turmoil in global financial markets intensified, with traditional assets frequently correcting and investor confidence being tested. At the same time, the new chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, emphasized the need for a clearer regulatory framework for the cryptocurrency industry, criticizing previous regulatory ambiguities that stifled innovation, and expressed a commitment to adopt a more industry-friendly stance. However, despite improvements in the regulatory environment, market uncertainty persists due to a lack of significant technological iterations and poor narratives, leading to increased volatility in investor sentiment.

As market uncertainty intensifies, smart money begins to look for new safe havens. DeFi protocols, with their transparency, operability, and stable returns, have become their ideal choice. BENQI, as a core DeFi protocol on the Avalanche network, has emerged in this environment, attracting a significant inflow of smart money.

BENQI's TVL has reached $593M, and this growth not only indicates a continuous inflow of funds but also reflects the preference of smart money for BENQI. During periods of market turbulence, capital chooses BENQI not only for its ability to provide stable returns on a controllable risk basis but also for the significant flexibility and operational space it offers to investors.

Through Liquid Staking and sAVAX, users can obtain stable staking returns while ensuring liquidity. Unlike traditional staking methods, BENQI allows your AVAX to continue earning interest while also being used as collateral for lending, liquidity mining, and various other DeFi scenarios. This mechanism provides investors with more flexibility while reducing the risks brought by market fluctuations.

The operations of BENQI on-chain are fully auditable, with clear data, allowing users to intuitively understand the flow of every single fund. For smart money, this transparency and operability are undoubtedly important bases for investment decisions, meeting the high demands of institutional investors for compliance and transparency.

3. The advantages of BENQI: Growth and a robust future

As the market's demand for stable income products increases, BENQI is gradually taking a leading position in the DeFi ecosystem. It is not only deeply integrated within the Avalanche ecosystem but is also steadily increasing its market share through continuous technological innovation and user experience optimization.

Innovation and leadership

As one of the core DeFi protocols on the Avalanche network, BENQI's performance in Liquid Staking and lending markets is outstanding. Through continuous innovation, BENQI can maintain its leading position amidst market changes, providing users with flexible and robust investment tools.

User experience optimization

In order to enhance user experience, BENQI has recently undergone a comprehensive upgrade of its UI. The new interface is simpler, more intuitive, and operates smoothly, catering to investors of different levels. Whether a novice or an expert, anyone can quickly get started and easily complete operations.

Deep integration with the Avalanche ecosystem

BENQI is deeply integrated into the Avalanche network, promoting the development of the Avalanche DeFi ecosystem. The high throughput and low transaction costs of Avalanche provide strong underlying support for BENQI, which is one of the key factors for its steady development.

BENQI's market position

Today, BENQI holds a solid position in the DeFi ecosystem, becoming one of the leading staking platforms in the market. As the demand for stable returns from investors continues to rise, BENQI successfully attracts a substantial inflow of funds with its flexibility, transparency, and stable returns.

4. Not just a safe haven, but a springboard

The market is always changing rapidly, filled with various surprises and bumps. Especially in the current turbulent environment, those with real 'smart money' are not headless flies crashing around randomly. They are more aware than anyone that while minor skirmishes in the short term may yield some profits, taking enormous risks and losing principal for such gains is truly foolish.

So at such times, you will see smart money beginning to 'seek stability.' But this 'stability' does not mean hiding money and doing nothing, which is a common mindset. Smart money seeks to find 'certain' revenue streams amidst the 'uncertainty,' while maintaining the flexibility of funds. This is akin to an experienced sailor who, when a storm approaches, does not stop the ship but adjusts its course, using the wind and waves to find the safest and most efficient way forward. The 5.21% APR offered by BENQI makes it an ideal choice during market turbulence, as it can provide investors with stable returns while avoiding the risks of high volatility.

Choosing BENQI, in my opinion, means choosing to walk alongside 'smart money,' selecting an investment strategy that navigates through bull and bear markets with both offense and defense. This is not gambling, but a wise decision based on a profound understanding of market cycles, risk management, and asset liquidity. The future belongs to those who are prepared, and BENQI is undoubtedly becoming an increasingly important part of that preparation.