Balancer: Can It Break Free From Its Darkest Hour?
**Author: KarenZ, Foresight News**
On November 3, 2025, a security incident involving losses exceeding $120 million largely shattered the growth illusions of DeFi veteran protocol Balancer.
This was Balancer's largest security incident in history. But the deeper wound doesn't lie in that astronomical figure.
Flipping through the financial data attached in Balancer's latest proposal, its fundamentals have long since become grim: the protocol's annualized fees are approximately $1.65 million, with the DAO's estimated annualized revenue at only $290,000, representing 17.5%.
The remaining funds flowed to veBAL holders, core pools, and Balancer
金色财经_·03-24 15:59
