Balancer, a leading DeFi automated market maker, is proposing to wind down its protocol and return remaining assets to BAL token holders. This follows a severe revenue drop after a $128 million exploit in late 2025 and unsuccessful restructuring efforts. The plan includes stopping new development, shifting pools to withdrawal-only mode, and closing the DAO by late 2026, with asset distribution starting mid-2027. A community vote is scheduled for late September to decide the proposal's fate.
BAL token shows notable resilience with a price of Rp16,297 and an 11.14% increase on Pluang as of Sep 15, 2026 19:02 WIB, despite the protocol's proposal to shut down and return $9 million to token holders. The market cap stands at Rp874.53 million with a 24-hour trading volume of Rp468.88 million, reflecting active trading and investor interest. The circulating supply is 62.9 million out of 96.2 million BAL tokens, with a typical hold time of 85 days on Pluang, indicating steady engagement from the community.
Balancer is planning a graceful shutdown after its new V3 pools failed to generate enough revenue to replace the losses from the 2025 hack on its V2 platform. Despite cost reductions and new product launches, revenue has sharply declined from $1.13 m...
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...
