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Balancer: Multiple V2 pools have vulnerabilities. We recommend users to immediately withdraw the affected LPs.

2023-08-22 16:02
Odaily News According to official sources, Balancer has been notified of a severe vulnerability that affects multiple V2 pools. Balancer has implemented emergency mitigation procedures to ensure the security of most of the Total Value Locked (TVL), but a portion of the funds (approximately 4% of its TVL) still remain at risk. Users are advised to immediately withdraw LP tokens that are affected.



Balancer states that, at the time of writing, the vulnerability has not been exploited and has not caused any financial losses.



Balancer UI will remind users to confirm if they are providing liquidity in an affected pool and will disclose the process for withdrawing liquidity.