Balancer Hit by $70.6 Million Exploit in Latest DeFi Security Breach

• Balancer suffered a reported exploit resulting in losses of around $70.6 million.
• Stolen assets include 6,587 WETH, 6,851 osETH, and 4,260 wstETH.
• The incident marks Balancer’s another major breach, following a $238,000 theft in 2023, raising renewed security concerns.

Decentralized exchange and liquidity protocol Balancer has reportedly suffered a major security exploit, resulting in the loss of approximately $70.6 million in assets.

This isn’t the first time the network has faced such an incident. In 2023, bad actors managed to steal around $238,000 worth of crypto assets from the protocol.

Balancer Loses Over $70 Million in Reported Exploit {#h-balancer-loses-over-70-million-in-reported-exploit}

According to on-chain data shared by Lookonchain on X, the latest exploit involved the transfer of roughly 6,587 WETH (around $24.46 million), 6,851 osETH (around $26.86 million), and 4,260 wstETH (around $19.27 million) from Balancer-related liquidity pools, totaling about $70.6 million in digital assets.

The protocol @Balancer appears to have been exploited — about $70.6M in assets was transferred out, including:

6,587 $WETH($24.46 M)

6,851 $osETH($26.86 M)

4,260 $wstETH(~$19.27 M) pic.twitter.com/SUHwwGzI47 — Lookonchain (@lookonchain) November 3, 2025

This is a developing story.