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Balancer: Assessing Impact of Large BAL Liquidations on Aave and Venus; Protocol Security Unaffected

2026-02-03 05:56

Odaily News Balancer posted on X, stating that it has noticed large BAL liquidations occurring on Aave and Venus, leading to significant volatility in the token's price. The Balancer team is currently evaluating the potential impact of this incident on liquidity mining across various pools and will coordinate next steps with ecosystem partners. It also confirmed that this is an external market event, and the Balancer protocol remains secure and operating normally, unaffected by these liquidations.