Beanstalk governance attack on 2022-04-17 ($77M reported)
Governance attack on Ethereum, 17 Apr 2022. Reported loss $77M. Last verified 4 Nov 2026.
major
Reported loss
$77M
as reported by the sources
Recovered
-
nothing reported
Status
Unknown
updated 26 Oct 2026
Date
Ethereum
Summary
Beanstalk, a credit-based stablecoin protocol, lost about $77M in non-Beanstalk user assets on 2022-04-17 when an attacker used a flash loan to exploit its governance mechanism and send the funds to a wallet they controlled.
- Protocol
- Beanstalk
- Type
- Governance attack
- Reported loss
- $77,000,000 source: bean.money ↗
Facts and where they come from
| Fact | Value | Source |
|---|---|---|
| Date | April 17 | bean.money ↗ |
| Amount (USD) | ~$77M | bean.money ↗ |
| Method | flash loan used to exploit the governance mechanism | bean.money ↗ |
Primary sources
- Beanstalk Farms: Beanstalk Governance Exploit ↗ post-mortem · accessed 2026-11-04
Our own summary of facts published by the sources above. We do not attribute fault beyond them. Amounts are as the sources state them (no USD conversion by us); links and quoted figures last checked 2026-11-04.
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