{"id":718556,"date":"2026-03-24T07:35:10","date_gmt":"2026-03-24T04:35:10","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/balancer-labs-shuts-down-4-months-after-100m-exploit-protocol-to-continue\/"},"modified":"2026-03-24T07:35:10","modified_gmt":"2026-03-24T04:35:10","slug":"balancer-labs-shuts-down-4-months-after-100m-exploit-protocol-to-continue","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/balancer-labs-shuts-down-4-months-after-100m-exploit-protocol-to-continue\/","title":{"rendered":"Balancer Labs shuts down 4 months after $100M+ exploit, protocol to continue"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YjA5NjEtM2E2MC03OTdiLWFiZTAtYzllZjUxMjA1ZDE3.jpg\" alt=\"Balancer Labs shuts down 4 months after $100M+ exploit, protocol to continue\" class=\"type:primaryImage\"><\/p>\n<p>Executives at Balancer Labs are now pushing for the protocol to be managed by the Balancer Foundation and Balancer\u2019s DAO.<\/p>\n<p>Balancer Labs, the team behind the decentralized finance protocol Balancer, is shutting down after mounting financial pressure and a $116\u202fmillion hack in November, with executives proposing continuation of the protocol under a leaner, more cost-effective structure.<\/p>\n<p>\u201cAfter careful consideration, I have decided to wind down Balancer Labs. This is not a decision I take lightly,\u201d one of Balancer Protocol\u2019s founders, Fernando Martinelli, <a rel=\"nofollow\" target=\"_blank\" title=\"https:\/\/forum.balancer.fi\/t\/on-the-future-of-balancer-shutting-down-balancer-labs-supporting-the-path-forward\/7002\" href=\"https:\/\/forum.balancer.fi\/t\/on-the-future-of-balancer-shutting-down-balancer-labs-supporting-the-path-forward\/7002\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> on Monday, adding that Balancer Labs has become a \u201cliability rather than an asset to the protocol,\u201d as it has been operating without revenue.<\/p>\n<p>Balancer Labs CEO Marcus Hardt <a rel=\"nofollow\" target=\"_blank\" title=\"https:\/\/x.com\/Marcus_Balancer\/status\/2036167477906772187\" href=\"https:\/\/x.com\/Marcus_Balancer\/status\/2036167477906772187\" target=\"_blank\" rel=\"nofollow noopener\">added<\/a> that it was spending too much to attract liquidity relative to the revenue the protocol is making, a strategy that came at the cost of diluting Balancer (BAL) token holders.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/balancer-labs-shuts-down-protocol-continues?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Executives at Balancer Labs are now pushing for the protocol to be managed by the Balancer Foundation and Balancer\u2019s DAO. Balancer Labs, the team behind the decentralized finance protocol Balancer, is shutting down after mounting financial pressure and a $116\u202fmillion hack in November, with executives proposing continuation of the protocol under a leaner, more cost-effective&#8230;<\/p>\n","protected":false},"author":1,"featured_media":718557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/f=auto,onerror=redirect,w=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-12\/019b0961-3a60-797b-abe0-c9ef51205d17","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-718556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/718556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=718556"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/718556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/718557"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=718556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=718556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=718556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}