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Granary Finance (GRAIN)

avoid.net/granary-finance-grain→42/100·62% conf.
[✓ FACT-CHECKED]· reviewed once · last review 9 Jun 2026

Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →

anchored·BKEV3V…1G21

Summary

Granary Finance was a decentralized, non-custodial lending and borrowing protocol forked from Aave V2, built by Byte Masons and an anonymous developer known as Fantom Menace, launching on Fantom in March 2022 before expanding to eight chains. The protocol raised over $5 million USDC via a community liquidity generation event in March 2023 and introduced the GRAIN governance token, but its TVL collapsed from a peak of approximately $60 million to under $200,000. By early 2025, the team announced the full withdrawal and discontinuation of Granary Finance across all chains, with GRAIN and OATH token holders migrated to the successor platform Cod3x (CDX). No regulatory actions, rug-pull allegations, or direct hacks of Granary contracts were documented; key risks include near-total value decline, deeply pseudonymous founding team, and protocol end-of-life.

Connected Entities

13 entities · 60 linked investigations
Organizations
□Polygon54□Ethereum□Fantom (Sonic Labs)□Avalanche□Arbitrum□Binance□Harmony Horizon Bridge□Multichain□Solana□Harmony Bridge□Cod3x□Optimism
Protocols
⌂Granary Finance (GRAIN)
Relationships
  • Harmony Bridge→mentioned with→Ethereum(80%)
  • Harmony Bridge→mentioned with→Binance(70%)
  • Optimism→mentioned with→Arbitrum(65%)
  • Optimism→mentioned with→Ethereum(80%)
  • Cod3x→mentioned with→Optimism(70%)
  • Cod3x→mentioned with→Arbitrum(60%)
  • Cod3x→mentioned with→Solana(65%)
  • Cod3x→mentioned with→Ethereum(70%)
  • Fantom (Sonic Labs)→mentioned with→Binance(60%)
  • Fantom (Sonic Labs)→mentioned with→Multichain(80%)
  • + 35 more
Have evidence about Granary Finance (GRAIN)?

Timeline(10 events)

3 March 2022

Granary Finance launches on Fantom Opera with six initial assets (DAI, USDC, USDT, wBTC, wETH, FTM), forked from Aave V2.

Granary Finance Medium / BSC News

24 June 2022

Harmony Horizon Bridge exploited for ~$100M. Granary Finance freezes its Harmony markets to protect user funds.

CoinDesk

December 2022

Granary Finance slashes platform fees by 90%, directing all resulting revenue into GRAIN token buyback programs.

Granary Finance Medium — v1 Retrospective

14 March 2023

GRAIN token Liquidity Generation Event (LGE) launches across seven chains, raising over $5 million USDC in approximately two weeks.

Blockworks / BSC News

6 July 2023

Multichain bridge (Fantom's primary bridge) exploited or insider-drained for $125M+. Granary Finance freezes affected markets.

CoinDesk

April 2024

Granary Finance announces merger into Cod3x ecosystem alongside Oath protocol; GRAIN and OATH holders to receive CDX token allocation.

Granary Finance X/Twitter

29 July 2024

90-day GRAIN-to-CDX migration window opens.

COD3X Migration Portal

28 October 2024

GRAIN-to-CDX migration window closes. Non-migrating GRAIN holders can no longer exchange tokens for CDX.

Cod3x Community Newsletter

February 2025

Cod3x (CDX) token launches at the DeFAI Summit on Base and Solana.

CryptoRank / Cod3x

March 2025

Cod3x newsletter confirms Granary Finance will be withdrawn from all nine chains; Ethos Reserve on Optimism also discontinued.

Cod3x Monthly Community Newsletter: March 2025
Provenance & Audit Trail

Decision Log

  • #3review approveRecorded on Solana ✓6/9/2026, 11:04:14 PM
    slot 425423827 · hash 4GDGpKr1Qi4nY94SJvXqcaDKUqsRSHcJoURutruuR2zA
  • #2reviewRecorded on Solana ✓6/9/2026, 11:04:14 PM
    slot 425423824 · hash 9yxk1CPCheP5eE6FWkhRaYstkdPz4G1m8vURiJhL5abS
  • #1publishRecorded on Solana ✓6/4/2026, 8:53:27 PM
    slot 424319642 · hash 58nrjF9ZviMFT1mLFw4tX48VTAd58uNDftVhJMry5V48

This investigation is cryptographically anchored to the Solana blockchain (3 decisions). 17 of 22 cited source URLs have an Internet Archive snapshot.

model: claude-code-investigator

generated: 6/4/2026, 8:52:39 PM

last updated: 6/4/2026, 8:52:39 PM

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