The Balancer Attack: 88 million USD in cross-chain losses

As of November 3, 2025, the Balancer protocol has reported an ongoing exploit with estimated losses of around 88 million USD. This attack largely impacted Ether and ERC-20 tokens linked to Balancer’s multi-chain pools.

The incident has reignited discussions about security in DeFi spaces, with potential regulatory scrutiny being highlighted. According to Xuxian Jiang, the CEO of PeckShield, this attack reveals important vulnerabilities needing urgent attention.

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