Beefy Finance is the multi-chain auto-compounder protocol. Deposit yield-bearing tokens into Beefy vaults; Beefy handles harvesting, swapping, and re-depositing to compound your yield automatically. Deployed across 20+ chains with $300M+ TVL, Beefy is the easiest way to earn compound yields across DeFi.
What Beefy actually is
Auto-compounders like Beefy solve a real DeFi problem: manually harvesting rewards, swapping to underlying, and re-depositing is time-consuming and gas-expensive. Beefy vaults do all this automatically at scale, socializing gas costs across all vault depositors.
Beefy supports hundreds of vaults across 20+ chains — Ethereum, Polygon, BNB Chain, Fantom, Arbitrum, Optimism, Base, Avalanche, and many more. Each vault wraps a specific yield source (Curve pool, Aave supply position, Beefy's own strategies) and auto-compounds it.
How Beefy makes money
- Performance fee: 4.5% of harvested rewards
- BIFI stakers: earn ~50% of protocol revenue in real yield
- Vault fee splits: transparently disclosed per vault
Who should use Beefy
- DeFi users wanting hands-off auto-compounding
- Small-position holders who can't justify solo harvest gas costs
- BIFI stakers wanting real-yield exposure
- Multi-chain yield seekers wanting a single UI
Verdict
Beefy is the easiest way to auto-compound DeFi yields at any position size, across 20+ chains. Simple, effective, been around forever.