Is Beefy Finance Safe?
Risk Grade: B (26/100)
Beefy Finance is rated as moderate risk — some novel mechanisms, generally well-understood.
Moderate risk — well-tested yield aggregator with 3+ years of operation, but you inherit every risk from every underlying protocol Beefy deploys into
A yield aggregator that automatically compounds your DeFi farming rewards across 20+ blockchains. It manages $312M in deposits with 3+ years of clean operation. Its B grade reflects well-tested vault mechanics and broad diversification, offset by inherited risks from every protocol Beefy deploys funds into.
TVL
$152M
Mechanisms
6
Interactions
5
Value Grade
C+
Key Risks for Beefy Finance Users
Beefy invests your money into other DeFi protocols. If any of those protocols get hacked, you lose money even though Beefy itself wasn't attacked.
Auto-compounding your rewards at predictable times lets sophisticated traders extract value from the process at your expense.
Deployment across 20+ blockchains means bridge hacks on any chain could affect your vault.
Top Risk Factors
- •Underlying vault strategy exploits propagate losses directly to Beefy depositors. Beefy inherits every risk from every protocol it integrates with.
- •Multi-chain deployment across 20+ chains expands bridge and cross-chain oracle attack surface.
- •Auto-compounding creates concentrated harvest timing that can be sandwiched or front-run by MEV extractors.
Risk Score Breakdown
Beefy Finance's highest risk area is Scale Exposure (5/10). Here's how each dimension contributes to the overall 26/100 score:
Read the Full Beefy Finance Risk Report
This protocol has 2 collapse scenarios. 1 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
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