Balancer plans orderly shutdown, returning assets to BAL holders after revenue collapse.

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.