BeamBEAM

Token of the Beam Foundation, a Cayman foundation running a gaming chain and a venture treasury.

Rank #149Since October 2023 (Merit Circle 2021)

Price on 31 Oct 2026

C$0.00688 +241.2% since 31 Jul 2026 · 88.5% below its all-time high

The short version

Beam began in 2021 as Merit Circle, a gaming guild DAO; holders swapped MC for BEAM from October 2023. The Beam Foundation, a Cayman Islands non-profit, runs an Avalanche-based chain and a US$160M treasury, excluding its own BEAM, that token holders have no claim on. On 29 Oct 2026 its admin multisig used a contract power to destroy 984.2 million BEAM at an address press reports tie to a 29-30 Oct 2026 hack. On 31 Oct 2026 one BEAM cost C$0.00688. From 31 Jul 2026 to 31 Oct 2026 its price changed +241.2% in Canadian dollars, and it was 88.5% below its all-time high of C$0.0597 set on 10 Mar 2024.^[1]

Checked 31 Oct 2026 · 22 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.00711 (2 Nov 2025) · low C$0.00177 (19 Aug 2026) · -1.2%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.00686	US$0.00492
30 Sep 2026	C$0.00291	US$0.00205
31 Aug 2026	C$0.00206	US$0.00149
31 Jul 2026	C$0.00204	US$0.00145
30 Jun 2026	C$0.00193	US$0.00136
31 May 2026	C$0.00235	US$0.00171
30 Apr 2026	C$0.00259	US$0.00191
31 Mar 2026	C$0.00225	US$0.00162
28 Feb 2026	C$0.00265	US$0.00194
31 Jan 2026	C$0.00379	US$0.00281
31 Dec 2025	C$0.00384	US$0.00281
30 Nov 2025	C$0.00484	US$0.00345

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.00688^[1]
3-month change: +241.2% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 88.5% below its high of C$0.0597 (10 Mar 2024)^[1]
Market rank: #149, market value about C$346.1M^[1]
Kind: Token · Ethereum (ERC-20); also BNB Chain and the Beam chain (an Avalanche L1)
Started: October 2023 (Merit Circle 2021)

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?YesThe Foundation multisig can grant itself the mint role at any time; no supply cap^[2]

Can anyone freeze or take coins from holders?YesThe burn role can destroy tokens in any address; used on 29 Oct 2026^{[3, 2]}

Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy^[4]

Is the supply capped?NoNo cap in the contract, and the admin can enable minting^[2]

Any scheduled unlocks in the next 12 months?YesAbout 157M BEAM still vesting (about 0.3% of circulating); 7.17B locked with no date^{[5, 6, 7]}

Does a team or foundation hold over 10% of supply?YesThe Foundation holds 12.43B (about 22%), plus a 7.17B locked multisig it funded^{[8, 5]}

Do network fees reach coin holders?NoBylaws bar dividends; no buybacks or fee burns verified in 2026^{[9, 8]}

Main network hacked or halted in the past 2 years?NoNo exploit of the Beam chain or BEAM contract found since Oct 2024^[10]

Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found^[11]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Beam Foundation, a memberless Cayman foundation registered 29 Oct 2024; directors not named^[9]
Admin key: Foundation multisig can grant itself mint and burn roles; the burn works on any address^[2]
Foundation holdings: 12.43B BEAM at 30 Sep 2026, up 4.02B in one quarter with no explanation^[8]
Largest holders: Ethereum top 10 hold 58.8%; a locked 7.17B multisig holds 12.6%^{[5, 12]}

Supply

In circulation: 50.32B BEAM of a 57.49B maximum (87.5%)^[1]
Fully diluted value: 1.14 times its current market value^[1]
Maximum: No cap; the official 57.49B total is a project figure, not a contract limit^{[2, 13]}
Recent burns: 984.2M burned 29 Oct 2026 (1.7% of Ethereum supply); 500M burned 20 Sep 2026^{[3, 14]}
New coins: 500M minted on BNB Chain on 6 Sep 2026; no Ethereum minting since Oct 2024^{[2, 15]}
Unlocks: About 142M left in a Foundation vesting multisig, 14.6M on Sablier; 7.17B locked, no date^{[5, 6, 7]}

Use and fees

Treasury: Venture investments US$102.6M (64% of non-BEAM assets), including a US$49M mark on the Dreamcash app^[8]
Dreamcash fees: US$14.8K in Oct 2026, down 95% from US$295K in Feb 2026^[16]
Chain activity: Daily active addresses fell 74% in a year, to about 5,800 in Oct 2026^[17]
Holder claim: None; the bylaws bar dividends and treasury assets are not held for token holders^{[9, 8]}

Trading

Daily trading: About C$17.7M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 5.34% of its market value changes hands each day^[1]
20-week average: 164.0% above its 20-week average price^[1]
1-year change: -2.8% in C$^[1]^[18]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[19]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

2 red flags found

Red flag: The Foundation's admin multisig can grant mint and burn roles; on 29 Oct 2026 it burned 984.2M BEAM held at an outside address.^{[3, 2]}
Red flag: Beam Ventures' Abu Dhabi fund licence was withdrawn on 14 Aug 2026, but its websites still described it as licensed on 1 Nov.^{[20, 21]}

By 1 Nov 2026 the Foundation had not said how the 984.2M BEAM burned on 29 Oct would be replaced.^{[3, 22]}
On 23 Oct 2026 the Foundation said written treasury reports will become annual, with only its dashboard updated quarterly.^[8]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.