Balancer Exploit Hits $116M, Hacker Offered 20% Deal

Balancer Hit by $116 Million Exploit, 20% Reward Offered to Attacker

Written by Aaron S.,

Editor-In-Chief

Last Updated: November 04, 2025

Key Takeaways

Over $116 million in crypto was moved from Balancer to a new wallet during a security incident, with early signs showing $70 million stolen;
Balancer confirmed its version 2 liquidity pools were affected and said its security team is actively investigating the situation;
A 20% bounty was offered for the attacker to return the funds within 48 hours; otherwise, law enforcement will be involved.

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Balancer, a decentralized trading platform, has experienced a security incident that resulted in the withdrawal of more than $116 million in crypto into a new wallet.

Early signs of the breach showed that around $70 million in tokens, including liquid staking assets like StakeWise Staked ETH, Wrapped Ethereum, and Lido wstETH WSTETH $4,107.54 , were moved in several transactions to a newly created wallet.

Within a few hours, further analysis revealed that the amount taken had grown to over $116 million, according to Lookonchain.

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After the transfers were detected, Balancer confirmed in a post on X that some of its version 2 liquidity pools had been affected. The team stated that security and engineering staff were treating the issue with urgency.

In response to the incident, Balancer has offered the individual behind the exploit a way to return the stolen funds. They proposed a bounty of 20% of the stolen amount if the remaining 80% is sent back without delay.

The offer is only available for 48 hours from the time it was announced. If the attacker does not respond, Balancer plans to work closely with law enforcement and blockchain investigation teams to identify the responsible party.

The Balancer team warned the exploiter that their infrastructure had logged metadata, including IP addresses and access times, that could help trace their identity.

On October 1, the official X account linked to BNB BNB $924.93 Chain was taken over by hackers. How? Read the full story.