What is Balancer V2's risk level?

Yielna's risk meter reads Moderate for Balancer V2, from its contracts, their control and its history. It measures structural and historical risk, not future returns.

Is Balancer V2 verified by Yielna?

Not at present: Balancer V2 does not hold a Yielna badge, which means a requirement is not met or could not be verified.

Who controls Balancer V2's contracts?

Admin control: 6 of 11 signers must approve. Timelock: None — admin changes take effect immediately.

What is Balancer V2's TVL?

$29.7M, as reported by DefiLlama.

Has Balancer V2 been exploited?

5 exploits are recorded for Balancer V2; its page lists each, with what was lost and repaid.

Balancer V2

Visit Official Protocol

Overview

TVL

$29.7M

Up 14% over 90 days

Live since

2021

TVL, last 90 days

Risk

How it's measured

Moderate

Full data

Security

AuditsAudited by OpenZeppelin, Trail of Bits, Certora and 1 others, May 2023Certora · Apr 2021 Audit page

Contract statusVerified, immutableVault 0xBA12…F2C8

Multisig6 of 11 signers must approveSafe 0x10A1…2e4f

TimelockNone — admin changes take effect immediately

Track record

Through market stressCame through all 5UST/Luna collapse (May 2022) — kept 38% of its depositsFTX collapse (Nov 2022) — kept 87% of its depositsUSDC depeg (Mar 2023) — kept 89% of its depositsAugust 2024 crash — kept 92% of its depositsOctober 2025 liquidation cascade — kept 31% of its deposits

Exploit history

30 Aug 2026 — Rounding Error at Balancer V1$234K lost · No reimbursement recorded
3 Nov 2025 — Rounding Error$128.0M lost · No reimbursement recorded
19 Sept 2023 — Frontend Compromise$238K lost · No reimbursement recorded
27 Aug 2023 — Spot Price Manipulation$800K lost · No reimbursement recorded
28 Jun 2020 — Incorrect Share Accounting at Balancer$500K lost · No reimbursement recorded