Incident All ledgers
Beanstalk: $181.0m
Beanstalk lost $181.0m on 17 April 2022. Ranked 25th of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 17 April 2022
- Lost
- $181.0m
- Returned or repaid
- None recorded
- Target
- DeFi Protocol
- Category
- Governance
- Method
- Flashloan Governance Attack
- Chains
- Ethereum
Beanstalk lost about $181M in non-Bean assets after an attacker used flash loans of over $1B from Aave, Uniswap, and SushiSwap to seize two-thirds governance control and pass malicious proposals, including one draining the protocol.
Against the ledger
- It ranks 25th of the 1,272 incidents with a known loss, and 6th in 2022.
- It accounts for 70.7% of the $255.9m in known losses in April 2022.
- 21 incidents in the ledger are classified as Governance, for $250.0m in total. This one is 72.4% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 06 Jul 2026 | BonkDAO | $20.0m | Token | Malicious Proposal | — |
| 23 Aug 2026 | TermFinance Vaults | $8.5m | DeFi Protocol | Malicious Proposal | — |
| 15 Mar 2021 | TSD (True Seigniorage Dollar) | $7.1m | DeFi Protocol | Malicious Proposal | — |
| 25 Jul 2022 | Audius | $6.0m | DeFi Protocol | Malicious Proposal | — |
| 22 Sept 2026 | Astroport | $4.9m | DeFi Protocol | Malicious Proposal | — |
All failures in 2022 · The failures ledger
Amounts are DefiLlama’s estimates and can change as incidents are revalued. Its returned figure can include money a company repaid itself, not only funds recovered from attackers. Source: DefiLlama.
Cite this Bitminer.io, “Beanstalk, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/beanstalk-2022-04-17/. How this is built