Balancer Labs to shut down after $128 million exploit; protocol eyes ‘lean’ restructuring

3/24/2026, 4:47:59 AM
LyanBy Lyan
Balancer Labs to shut down after $128 million exploit; protocol eyes ‘lean’ restructuring

Its co-founder, Fernando Martinelli, said the protocol will continue to operate after restructuring to attain a 'lean' economic model.