Balancer

Exchange record

Decentralized exchange and automated-market-maker protocol. In March 2026, Balancer Labs, the corporate entity historically associated with the protocol, announced it would wind down after the November 2025 Balancer v2 exploit, while the protocol itself was expected to continue through DAO/Foundation/OpCo structures.

DEXLimited

Also known as: Balancer Protocol, Balancer Labs, BAL

Registry sequence

← Balanced

Bancor →

Key facts

Launch date

—

Death date

—

Years

—–—

Origin

Ethereum ecosystem

Confidence

medium

Last verified

2026-04-26

URL handling

Preferred action

Use current URL handling based on status below.

URL status

Live unverified

Original URL

https://balancer.fi/

Archived URL

View archived site

Summary

Timeline

Balancer v2 pools suffered a major exploit

2025-11-03exploitcritical

Balancer v2 pools were exploited across multiple chains in November 2025, with secondary reports describing approximately USD 128 million drained and the flaw later cited as a source of legal exposure for Balancer Labs.

Balancer Labs announced it would wind down

2026-03-23shutdown_announcedhigh

Balancer co-founder Fernando Martinelli announced that Balancer Labs would wind down, while explicitly stating that he was not calling for a full Balancer protocol shutdown and supported a lean continuation path.

Evidence

On the Future of Balancer: Shutting Down Balancer Labs, Supporting the Path Forward

Balancer Forum2026-03-23official_statementhigh reliabilityeventarchive

Balancer Labs to shut down after $128 million exploit; protocol eyes 'lean' restructuring

The Block2026-03-24news_articlehigh reliabilityeventarchive

Balancer Labs to Shut Down Post $128M Exploit: Here's What It Plans to do Next

CCN2026-03-24news_articlemedium reliabilityeventarchive

Related records

DEX

DEX

DEX

DEX

Notes and record state

Record note

Do not mark dead. The public record supports Balancer Labs winding down and a major exploit history, but the protocol continuation path is explicitly described in the official forum post and secondary coverage. Treat this as limited / restructuring unless later evidence shows protocol-level shutdown.

Revision state

Records may be incomplete, approximate, contested, or revised as better evidence becomes available.

This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections

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