Is Beets (Beethoven X) Safe?
Risk Grade: B- (33/100)
Beets (Beethoven X) is rated as moderate risk — some novel mechanisms, generally well-understood.
Moderate risk — well-tested Balancer fork mechanics but inherited V2 vulnerabilities and new chain deployment create meaningful uncertainty
The primary decentralized exchange and liquid staking platform on the Sonic blockchain, built as a fork of Balancer V2. It holds $1M in deposits and provides the stS liquid staking token used across Sonic DeFi. Its B grade reflects standard well-tested mechanisms and small scale, offset by inherited Balancer V2 vulnerabilities and new chain risk.
TVL
$1M
Mechanisms
7
Interactions
5
Value Grade
C+
Key Risks for Beets (Beethoven X) Users
Beets uses the same code as Balancer, which was hacked for $128M in November 2025. The same vulnerability could potentially affect Beets pools.
The stS staking token is used throughout Sonic DeFi. If it loses its peg, the impact cascades across every lending protocol on Sonic.
Sonic is a new blockchain. If the chain goes down, all your DEX positions and staking become inaccessible.
Top Risk Factors
- •stS (Sonic Staked S) liquid staking token is a core primitive used across Sonic DeFi. A depeg would trigger cascading liquidations chain-wide.
- •As a Balancer V2 fork, Beets inherits all Balancer V2 codebase vulnerabilities. The November 2025 $128M Balancer exploit demonstrates this risk is real.
- •Concentrated exposure to Sonic L1, a new chain. Network outage or infrastructure bug could impair staking and DEX operations simultaneously.
Risk Score Breakdown
Beets (Beethoven X)'s highest risk area is Vitality Risk (10/10). Here's how each dimension contributes to the overall 33/100 score:
Read the Full Beets (Beethoven X) Risk Report
This protocol has 2 collapse scenarios. 2 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
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