unfortunately, balancer was hacked! >$110m of user funds drained it was an og, fully-audited protocol that had been running for 7 years this demonstrates that systemic risk will always exist in defi we can’t eliminate it but we can hedge it! polymarket is perfect for this imagine a market larger than $100m for every major defi protocol will aave see a hack >$100m in 2026? will uni see a hack >$100m in 2026? will fluid see a hack >$100m in 2026? the size of a hack can determine with the protocol’s tvl eg aave could be $1b these markets would repeat every year token holders and lps could buy “yes” at <5c to hedge their funds while others sell insurance by buying “no” and earning low-risk returns