Is Berachain a scam?
Asked about Berachain (BERA), market cap rank #370.
Short answer
Berachain (BERA) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-06-07
Red flags raised
- Low economic security
- Multiple chain incidents on record
- No recent code commits
- No hard cap on total token supply
Positive signals
- Third-party security reviews exist for Berachain components (e.g., native smart contracts and BEX-related reviews) with published PDF reports hosted via CertiK Skynet. ([skynet.certik.com](https://skynet.certik.com/third-party-audit-reports/jqfm0se0f03r/thirdparty-berachain-20250114-smartcontracts-quantstamp-pdf/133b2e649563765b0e1d5958b27d9e36/20250114-SmartContracts-QuantStamp.pdf?utm_source=openai))
- Emergency response described for the BEX/Balancer-linked incident, including network hard fork and reported recovery. ([coindesk.com](https://www.coindesk.com/markets/2025/11/03/berachain-halts-network-to-contain-balancer-linked-exploit-to-conduct-emergency-hard-fork?utm_source=openai))
Security audits
4 audits on record.
- Quantstamp (2025-01) — unknown
- Nethermind (2024-12) — unknown
- Spearbit (2024-11) — unknown
- Zenith (2025-01) — unknown
Team transparency
The Berachain team is anonymous — public identities are not on record.
See the full report
Full report for Berachain — including the exact score, rating letter and full breakdown — requires a registered account.
Open the full Berachain report →