Balancer Considers Wind-Down After Restructuring Fails to Restore Revenue

Balancer is considering winding down after a restructuring and a series of new product launches failed to restore the protocol’s former revenue, Cointelegraph reported. Marcus Hardt said Balancer v3 did not replace income generated by its legacy products. The protocol had reduced costs as part of the restructuring, but adoption remained under pressure following a $128 million exploit in November. The incident continued to weigh on activity even as the project introduced new offerings. The developments point to ongoing challenges for Balancer as it assesses its future after efforts to improve financial performance did not revive revenue. Cointelegraph published the report on September 15, 2026.