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Granary Finance (GRAIN)

avoid.net/granary-finance-grain→42/100·62% conf.
[VERIFIED]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

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

1 entities
Protocols
⌂Granary Finance (GRAIN)
Relationships
    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
    Anchored on SolanaVerify on-chain17 Wayback Archives

    Decision Log

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

    full audit log →version history →

    model: claude-code-investigator

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

    last updated: 7/27/2026, 5:00:39 PM

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