A significant exploit affecting Balancer v2 pools led to a loss of $128 million but the platform is now taking steps to restore lost funds. Balancer has initiated a recovery process, including collaboration with its internal team and whitehat hackers, to return this amount to investors. The platform’s resilience in addressing the security breach showcases its commitment to DeFi security. 8 million dollars is being directly reimbursed to impacted users who were affected by the exploit. The recovery also involved a significant contribution from stakeholders, including StakeWise who successfully secured $19.7 million in funds from the attacker, and will receive a 10% bounty for their efforts. The impact of this event on the market was minimal with BAL token prices rising by only 2%. This incident highlights Balancer’s commitment to addressing vulnerabilities and adapting to evolving DeFi protocols. The process of recovering funds is ongoing. A claims portal has been established, allowing users impacted by the exploit to verify their balances and access refunds. The success of this recovery underscores the resilience and adaptability of DeFi platforms as they continue to evolve.