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Balancer Details $116 Million Hack in Post-Mortem Report, Cites Rounding Exploit

Balancer $116M Hack: Rounding Exploit

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a week ago

Decentralized finance (DeFi) protocol Balancer has released a preliminary post-mortem report detailing the sophisticated exploit that resulted in the loss of approximately $116 million. The attack, which targeted specific Balancer v2 Stable Pools and Composable Stable v5 pools, has prompted the protocol to pause affected pools and disable the creation of new vulnerable ones.

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