StakeWise Recovers $20.​7M from Balancer Exploit

馃毃 StakeWise's $20M Recovery

By Stakewise
Nov 6, 2025, 2:20 PM
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StakeWise successfully recovered majority of stolen funds from the Balancer V2 exploit through emergency multisig action.​

Recovery Details:

  • Recovered 5,041 osETH ($19M) - representing 73.​5% of stolen tokens
  • Recovered 13,495 osGNO (~$1.​7M) - 100% recovery
  • Total recovery: $20.​7M

What Happened:

  • Attacker converted remaining osETH to ETH, preventing full recovery
  • StakeWise smart contracts remained unaffected throughout
  • Emergency response executed within hours

Next Steps:

  • Funds will be returned to affected users pro-rata
  • Distribution based on pre-exploit balances
  • Full post-mortem report coming soon

The swift recovery demonstrates the effectiveness of emergency protocols in DeFi, though highlights the challenge of recovering assets once converted by attackers.​

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