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Berachain: "Victims of the 'Balancer hack incident' must check their status and promptly reclaim ETH and BERA"

The Berachain Foundation has released the latest announcement, urging all users who provided liquidity on BEX (Berachain ecosystem DEX) during the “Balancer incident” to check their status immediately and claim their funds in a timely manner. (Background: Balancer released an official report: $125 million lost due to rounding function bug) (Supplementary background: Balancer issued a “final ultimatum” to hackers, counting down 96 hours to return the funds: otherwise, all means will be used to find you) On the evening of November 18, the Berachain Foundation released the latest announcement through its official X account, calling on all users who provided liquidity on BEX during the “Balancer incident” to check their status immediately. The announcement is as follows: If you had funds on BEX during the Balancer incident, please check your status. The vast majority of impacted stablecoin funds on BEX have now been claimed. For ETH and BERA pools, recovered funds are also available. Over 90% of ETH has been claimed, but only about 40% of BERA has been claimed, so if you had funds deposited in these pools, please be sure to confirm your status. If you had funds on BEX during the Balancer incident, please check your status. The vast majority of impacted stablecoin funds on BEX have now been claimed. For ETH and BERA pools, recovered funds are also available. Over 90% of ETH has been claimed, but only about 40% of BERA… — Berachain Foundation (@berachain) November 18, 2025 Balancer V2 Major Vulnerability Incident Review On the morning of November 3, 2025, a severe access control vulnerability erupted in the “Composable Stable Pools” of the renowned DeFi protocol Balancer V2, allowing attackers to execute two transactions within 90 seconds to infinitely mint and withdraw real assets through rounding errors and fee forgery mechanisms. The entire attack spanned across multiple chains including Ethereum, Arbitrum, Base, and Berachain, with total losses exceeding $128 million at one point. BEX of the Berachain ecosystem became one of the hardest-hit areas due to directly forking the Balancer V2 code, suffering approximately $12.8 million in losses concentrated mainly in the Ethena/HONEY three-pool and ETH/BERA pool. Within hours of the incident, Berachain validators unusually coordinated an “emergency shutdown” and quickly executed a Hard Fork, successfully collaborating with self-proclaimed white hat MEV Bots to recover all stolen funds within 24 hours, setting a rare record of “full recovery” in DeFi attack incidents. After two weeks of data sorting and system testing, the Berachain Foundation officially launched the claim page in mid-November. The Berachain team emphasized that all recovered funds have been safely stored in the Foundation's Multi-signature Wallet and will be returned to the original holders on a 1:1 basis. A complete post-incident review report will be published later, and efforts will be accelerated to upgrade BEX to a more secure V3 architecture. Related reports Stablecoin xUSD depegged to $0.54, Balancer's hack exacerbated the collapse Balancer: V2 pool suffered losses of $128 million due to vulnerability attack; V3 unaffected; experts criticize: audits done dozens of times are useless The hacking history of the veteran DeFi protocol Balancer: encountering 6 security incidents in 5 years, with total losses exceeding hundreds of millions of dollars. <Berachain: “Victims of the Balancer hack incident must check their status and claim ETH and BERA in a timely manner”> This article was first published in BlockTempo, the most influential blockchain news media.

BERA1.07%
BAL4.03%
ETH3.36%
ENA6.48%
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