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Home Blockchain

Balancer Exploit Drains Over $116M Across Multiple Networks

by DigestWire member
November 3, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Balancer Exploit Drains Over $116M Across Multiple Networks
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Balancer Exploit Drains Over $116M

The post Balancer Exploit Drains Over $116M Across Multiple Networks appeared first on Coinpedia Fintech News

On November 3, 2025, Balancer’s v2 pools were exploited, leading to a loss of more than $116 million across multiple blockchains including Ethereum, Arbitrum, Base, Sonic, Optimism, and Polygon. The attack took advantage of a vulnerability in the core vault smart contract, enabling unauthorized withdrawals. Forked projects like Beets and Berachain were also affected. Balancer confirmed the incident, warned users to avoid the impacted pools, and reassured that v3 pools are secure. Following the breach, the BAL token fell by 5%.

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