Ask about Balanced · freeTotal Value Locked$1.98m
TVL by Chain
Avalanche$1.7m
Solana$175,834
Arbitrum$69,561
Icon$8,505
BSC$7,541
Stellar$5,583
Archway$5,560
Sui$3,072
Base$1,296
Injective$1,097
OP Mainnet$0
Key Metrics
Fees 30d$0.24
Fees 30d by chain
Icon$0.24
Fees 7d$0
Icon$0
Fees 24h$0
Icon$0
Cumulative Fees$985,923
Icon$985,923
Revenue 30d$0
Revenue 30d by chain
Icon$0
Revenue 7d$0
Icon$0
Revenue 24h$0
Icon$0
Cumulative Revenue$0
Icon$0
DEX Volume 30d$334.54
DEX Volume 30d by chain
Icon$334.54
DEX Volume 7d$0
Icon$0
DEX Volume 24h$0
Icon$0
Cumulative DEX Volume$226.97m
Icon$226.97m
$BALN Volume 24h$0
CEX Volume$0
DEX Volume$0
Protocol Information
Balanced is DeFi designed for adoption: it's fast, affordable, and easy to use. Home to the Balanced Dollar stablecoin (bnUSD) and a decentralised exchange, it uses ICON's cross-chain technology to connect to other blockchains. You can use Balanced to borrow bnUSD, swap assets, supply liquidity, and transfer cross-chain. The best part is, your crypto stays wrapper-free.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
DEX Volume: Volume of all spot token swaps on the DEX
Balanced history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 5, 2021 to Nov 13, 2026.
All-time high TVL: $214.07m on Oct 5, 2021. All-time low TVL: $1.97m on Oct 3, 2026.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $2.56m |
| Oct 16, 2026 | $2.56m |
| Oct 17, 2026 | $2.56m |
| Oct 18, 2026 | $2.56m |
| Oct 19, 2026 | $2.56m |
| Oct 20, 2026 | $1.99m |
| Oct 21, 2026 | $2m |
| Oct 22, 2026 | $2m |
| Oct 23, 2026 | $1.99m |
| Oct 24, 2026 | $1.99m |
| Oct 25, 2026 | $1.99m |
| Oct 26, 2026 | $1.99m |
| Oct 27, 2026 | $1.99m |
| Oct 28, 2026 | $1.99m |
| Oct 29, 2026 | $1.99m |
| Oct 30, 2026 | $1.99m |
| Oct 31, 2026 | $1.99m |
| Nov 1, 2026 | $1.99m |
| Nov 2, 2026 | $1.99m |
| Nov 3, 2026 | $1.99m |
| Nov 4, 2026 | $1.99m |
| Nov 5, 2026 | $1.99m |
| Nov 6, 2026 | $1.99m |
| Nov 7, 2026 | $1.99m |
| Nov 8, 2026 | $1.99m |
| Nov 9, 2026 | $1.98m |
| Nov 10, 2026 | $1.98m |
| Nov 11, 2026 | $1.98m |
| Nov 12, 2026 | $1.98m |
| Nov 13, 2026 | $1.98m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $21.39m |
| Jan 31, 2025 | $20.45m |
| Feb 28, 2025 | $17.45m |
| Mar 31, 2025 | $15.39m |
| Apr 30, 2025 | $17.51m |
| May 31, 2025 | $19.89m |
| Jun 30, 2025 | $21.01m |
| Jul 31, 2025 | $23.72m |
| Aug 31, 2025 | $22.62m |
| Sep 30, 2025 | $20.4m |
| Oct 31, 2025 | $16.65m |
| Nov 30, 2025 | $12.56m |
| Dec 31, 2025 | $11.6m |
| Jan 31, 2026 | $10.57m |
| Feb 28, 2026 | $7.27m |
| Mar 31, 2026 | $4.15m |
| Apr 30, 2026 | $4.03m |
| May 31, 2026 | $3.89m |
| Jun 30, 2026 | $3.27m |
| Jul 31, 2026 | $2.87m |
| Aug 31, 2026 | $2.43m |
| Sep 30, 2026 | $2.39m |
| Oct 31, 2026 | $1.99m |
| Nov 13, 2026 (latest) | $1.98m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $75.82m |
| Dec 31, 2022 | $9.81m |
| Dec 31, 2023 | $12.97m |
| Dec 31, 2024 | $21.39m |
| Dec 31, 2025 | $11.6m |
Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $134,891 | — |
| Jan 2025 | $71,530 | — |
| Feb 2025 | $77,889 | — |
| Mar 2025 | $33,590 | — |
| Apr 2025 | $7,230 | — |
| May 2025 | $9,055 | — |
| Jun 2025 | $8,533 | — |
| Jul 2025 | $6,721 | — |
| Aug 2025 | $5,661 | — |
| Sep 2025 | $3,936 | — |
| Oct 2025 | $5,305 | — |
| Nov 2025 | $5,004 | — |
| Dec 2025 | $3,525 | — |
| Jan 2026 | $2,425 | — |
| Feb 2026 | $2,955 | — |
| Mar 2026 | $244 | — |
| Apr 2026 | $190 | $0 |
| May 2026 | $137.99 | $0 |
| Jun 2026 | $169.45 | $0 |
| Jul 2026 | $47.01 | $0 |
| Aug 2026 | $104.01 | $0 |
| Sep 2026 | $34.02 | $0 |
| Oct 2026 | $0.24 | $0 |
| Nov 2026 (to date) | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/balanced
Frequently asked questions
What is Balanced's TVL?
As of Nov 13, 2026, Balanced has $1.98m in total value locked. TVL has decreased 23% over the past 30 days.
What chains does Balanced operate on?
Balanced operates on 11 chains: Avalanche, Solana, Arbitrum, BSC, and Stellar and 6 others. Avalanche holds the largest share at 85.9%.
How much has Balanced generated in fees and revenue?
Over the past 30 days, Balanced generated $0.24 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $14,197 in fees.
What is the BALN token price and valuation?
Supply currently stands at 26.49m circulating, 26.49m total supply.
How has BALN performed recently?
BALN is up 28.7% over the past 7 days and up 138.1% over the past 30 days. Its all-time high is $2.10, reached on Oct 13, 2021.
Which protocols are included in Balanced?
Balanced is a parent protocol whose tracked products include Balanced Exchange and Balanced Dollar.
How much trading volume does Balanced process?
Balanced processed $334.54 in DEX volume over the past 30 days.