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The Balancer ecosystem has encountered issues 😅
According to DeFiLlama data, there are currently over 60 million USD left in the total value locked (TVL) across 29 Balancer V2/V3 fork protocols, but it has dropped sharply in the last 24 hours—plummeting over 30%.
Reason? The main Balancer was attacked, causing users to panic and withdraw liquidity en masse. Do you think these Fork protocols are collateral damage or do they have issues of their own? Anyway, right now they are all in the same boat; when Balancer has problems, the entire ecosystem suffers.
Is anyone still holding on to these Forks without withdrawing?