Protocol Information
Beanstalk is a decentralized, credit-based algorithmic stablecoin protocol built on Ethereum.
Audits:
Methodology
TVL: Counts the value of deposited Beans and LP tokens in the silo.View code on GitHubHacks
Date: Apr 17, 2022
Amount: $181m
Classification: Governance
Technique: Flashloan Governance Attack
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Beanstalk?
Beanstalk is a decentralized, credit-based algorithmic stablecoin protocol built on Ethereum.
What is Beanstalk's TVL?
Beanstalk currently has $0 in total value locked.
How does Beanstalk's TVL compare to similar protocols?
Among Algo-Stables protocols tracked by DefiLlama, Beanstalk ranks #55 by TVL. The category holds $60.17m across 102 protocols, and Beanstalk accounts for 0% of that total. Other leading protocols include Frax, Mento V2, SPOT Cash, Basis Cash, Frax FPI, Finext Finance, OrderNChaos, XUSD Money, Generic.Money, and Spice Trade.
Has Beanstalk ever been exploited?
Beanstalk has 1 recorded security incident. The most recent incident occurred on Apr 17, 2022 and involved $181m. It was classified as Governance.