Balancer Announces Reward Following $120M DeFi Hack

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

DEFI+1.51%

BAL0%

Source: Coinmarketcap

Updated: Nov 08 2025

DeFi Exploit Overview: Balancer suffered a $120M exploit due to technical flaws in its swap logic, leading to significant disruptions in the decentralized finance (DeFi) market and widespread asset depegging.
Bounty for Recovery: In response to the exploit, Balancer has offered a 20% bounty for assistance in recovering the lost funds, highlighting the urgency of addressing the financial turmoil caused by the incident.
Immediate Market Impact: The exploit resulted in massive asset devaluation and cross-platform contagion, putting pressure on collateralized holdings and affecting various DeFi and lending platforms, including Euler and Morpho.
Need for Enhanced Security: The incident raised concerns about the stability of DeFi markets and underscored the necessity for rigorous technical audits and collaboration among developers and regulators to prevent future exploits.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Balancer Announces Reward Following $120M DeFi Hack

About the author

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