๐จ $116 MILLION BALANCER HACK โ DEFIโS WAKE UP CALL ๐จ
Balancer, one of the oldest and most trusted DeFi protocols, just got obliterated in one of the biggest hacks of 2025.
๐ธ Over $116,000,000 drained from its V2 vaults across Ethereum, Base, and several other chains.
The attacker quietly exploited a simple permission bug, letting them move funds they never even deposited.
A flaw hiding in plain sight inside code thatโs been audited for years and copied by dozens of other projects.
Everything was swept into a single wallet loaded with ETH, wstETH, osETH, and other LSTs. On-chain trackers show the funds are already on the move.
๐ If Balancer, a pioneer in DeFi, can fall to something this basic, then no one is truly safe.
๐ป What to do NOW:
1๏ธโฃ Withdraw any funds from Balancer V2 pools immediately.
2๏ธโฃ Revoke approvals using revoke.cash.
3๏ธโฃ Watch your wallets for strange activity.
4๏ธโฃ Builders: double-check every permission and sender validation in your contracts.
DeFi security isnโt about audits anymore โ itโs about constant vigilance. ๐ง
One overlooked line of code just erased $116M.