Balancer co-founder Fernando Martinelli said Balancer Labs will shut down as the protocol pivots toward a leaner, DAO-led structure following months of financial strain and fallout from a 2025 exploit. The End of Balancer Labs Balancer Labs, the original development entity behind the decentralized exchange ( DEX) protocol, is being wound down after what Martinelli […]
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Balancer Labs to Shut Down as DAO Takes Control of Protocol Future
- by Megan Forsyth
- March 24, 2026
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- 4 hours ago


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