Were audits in place, and how did this happen?

[tradelikepro]

Yes, Balancer’s smart contracts had undergone 10+ audits by multiple security firms. Despite these audits, the exploit revealed a sophisticated vulnerability that allowed months-long planning by an experienced attacker. The hack highlights the risks of complex DeFi protocols, even with extensive security reviews.

[Rimon Khan]

Yes, audits were done — but post-incident analysis shows missed logic flaws. 🧩