JUST IN: Balancer proposes winding down the protocol and distributing its treasury The proposal would return remaining treasury assets to $BAL holders, roughly six months after Balancer Labs shut down following the November 2025 exploit that drained $128 million.

Balancer is proposing an orderly shutdown after failing to revive revenue following last year’s $128 million exploit. The protocol once held more than $3 billion in TVL. Today it has about $58 million, with BAL holders set to vote Sept. 25–29 on winding down operations and… Show more