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BetterBank Review: What to Check Before Using It

BetterBank is a PulseChain lending and seigniorage protocol, but key usage and safety details are unclear. A 2025 report alleges a major exploit, so verify the contracts before considering a deposit.

By the SkyBitcoins review team · Updated

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At a glance

BetterBank key facts

BetterBank key facts
TypeLending and seigniorage protocol
ChainPulseChain
TokenESTEEM
Audits listed2; audit details are unclear
Value locked$0−6.0% 7d
Updated

BetterBank FAQs

What is BetterBank?

BetterBank is described as a DeFi protocol combining lending and borrowing with seigniorage. It is listed on PulseChain and uses the ESTEEM token.

Was BetterBank hacked?

One report dated August 27, 2025, alleges that a BetterBank contract on PulseChain was hacked and that about $5 million was stolen. Treat this as a serious warning, but independently verify the incident and the current contract status before interacting.

Is BetterBank safe to use?

The protocol's fees, deposit and withdrawal process, and current contract status are not established. Do not deposit funds until you can verify the official contracts, any incident response, and the risks of the specific lending or seigniorage feature you plan to use.

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How we checked

Sources

  1. defillama.com/protocol/betterbank(opens in a new tab)

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