$186.7M lost this week $2.0B lost in 30 days $95.2B lost this year
Balancer, a prominent DeFi protocol, has proposed an orderly winddown and treasury distribution to BAL holders. This plan replaces a previous buyback program with a burn-to-redeem mechanism for the protocol's estimated $9 million treasury. All Balancer pools will transition to withdrawals-only on October 30, 2026.
Balancer V1 experienced a loss of approximately $234,000 due to an exploit in the BPool contract. An attacker manipulated the `joinswapPoolAmountOut` function by specifying BPT output and using reverse-computed input via fixed-point math, which compressed WBTC reserves.
Token of Power experienced a governance attack where a malicious proposal led to the draining of $1,580,000 from its Balancer V1 liquidity pool on Ethereum.