Balancer Labs to Shut Down After $128M Exploit — What DeFi Users Must Know
Balancer Labs is ceasing operations permanently. The announcement comes just days after a sophisticated attacker exploited the protocol for approximately $128 million, effectively emptying major liquidity pools on November 3, 2025. This is not a drill—one of Ethereum’s oldest and most respected Automated Market Makers (AMMs) has fallen. The implications are staggering. Balancer was not
