BasketDAO is a defunct Ethereum DeFi protocol that offered yield-bearing crypto index baskets powered by Yearn with no management fees. BasketDAO's Twitter Score is 28 out of 1000 as of July 2026, ranking #39,064 (top 10%) among 531,432 tracked accounts.
BasketDAO launched two primary products: the BasketDAO DeFi Index (BDI) and the BasketDAO Metaverse Index (BMI), both designed to give holders capital-efficient exposure to crypto sectors while generating yield. Its governance token, $BASK, had a fixed total supply of 200,000 tokens emitted over approximately 5.5 months. The protocol operated without management fees, distinguishing it from comparable index products at the time.
BasketDAO suffered two significant security incidents. On October 22, 2021, the team identified an infinite-approval vulnerability that resulted in a stated loss of $343K. A second exploit, documented by Revoke.cash, occurred on March 30, 2022, with over $1.2 million stolen. Following these events, the team stepped away and wound down operations. PieDAO subsequently acquired BasketDAO on June 29, 2022, offering a migration path for BDI holders.
BasketDAO has published 464 posts on the platform and has 2,800 followers as of July 2026. The account has been mentioned by 39 accounts, with 73 total mentions.
Who follows BasketDAO on X?
The accounts that follow BasketDAO include 71 founders, 32 angel investors, 80 influencers and 2 VCs. Among them are Polygon, John Wang, The Crypto Dog, Banteg, Darren Lau and 0xMaki.