Balancer, a DeFi platform, is considering shutting down after a $128 million security breach in November 2025 severely damaged user confidence and caused revenue to collapse from $1.13 million to just $56,781 by August 2026. CEO Marcus Hardt proposed a shutdown plan where remaining treasury funds of over $9 million would be distributed to BAL token holders. A community vote will be held from September 25-29 to decide on the closure. If approved, Balancer will gradually wind down operations starting October, with liquidity providers given time to exit and the DAO dissolved by November 1.
BAL token shows resilience with a price of Rp16,297 and an 11.14% gain on Pluang as of September 15, 2026, 14:51 WIB. The market cap stands at Rp874.53 million, indicating ongoing investor interest despite the recent challenges faced by the Balancer platform. Trading volume remains active at Rp468.88 million, reflecting continued market engagement ahead of the community vote on the platform's future.
