Total Value Locked$64.3m
TVL by Chain
Ethereum$43.28m
Monad$10.93m
Polygon$4.08m
Arbitrum$2.14m
Base$1.44m
Hyperliquid L1$1.08m
Avalanche$536,055
OP Mainnet$387,981
Gnosis$370,778
Plasma$35,435
Mode$17,481
Fraxtal$10,352
Polygon zkEVM$0
Key Metrics
Fees 30d$204,985
Fees 30d by chain
Ethereum$133,610
Monad$28,209
Polygon$26,342
Arbitrum$8,234.98
Base$5,499.67
Gnosis$1,115.09
Avalanche$1,054.09
OP Mainnet$678.95
Hyperliquid L1$176.99
Plasma$59.29
Mode$2.15
Fraxtal$1.59
Fees 7d$43,157
Ethereum$19,311
Polygon$11,098
Monad$7,553
Arbitrum$2,230
Base$2,193
Gnosis$231.92
Avalanche$228.8
OP Mainnet$165.98
Hyperliquid L1$136.21
Plasma$5.64
Fraxtal$0.41
Mode$0.26
Fees 24h$5,934
Ethereum$1,757
Polygon$1,715
Monad$1,116
Arbitrum$701
Base$341
Avalanche$154.2
Gnosis$117.13
OP Mainnet$23.41
Hyperliquid L1$7.81
Plasma$0.74
Fraxtal$0.06
Mode$0.04
Cumulative Fees$301.49m
Ethereum$279m
Polygon$7.03m
Arbitrum$5m
Base$4.31m
Gnosis$2.75m
Plasma$1.36m
Avalanche$923,762.3
OP Mainnet$858,170
Monad$178,308.74
Hyperliquid L1$60,715.69
Mode$22,672.98
Fraxtal$5,207.11
Polygon zkEVM$7
Revenue 30d$55,669
Revenue 30d by chain
Ethereum$33,087
Polygon$13,172
Monad$3,986
Arbitrum$2,705.87
Base$1,771.1
Gnosis$529.64
Avalanche$265.67
OP Mainnet$119.06
Hyperliquid L1$24.83
Plasma$7.54
Mode$1.09
Fraxtal$0.81
Revenue 7d$15,144
Ethereum$6,723
Polygon$5,549
Monad$1,001
Base$854.85
Arbitrum$807
Gnosis$109.48
Avalanche$55.1
OP Mainnet$28.99
Hyperliquid L1$15.1
Plasma$0.99
Fraxtal$0.22
Mode$0.14
Revenue 24h$2,198
Polygon$857
Ethereum$630
Arbitrum$315
Monad$160
Base$133
Gnosis$58.25
Avalanche$40.1
OP Mainnet$4.25
Hyperliquid L1$0.84
Plasma$0.12
Fraxtal$0.03
Mode$0.02
Cumulative Revenue$64.5m
Ethereum$54.57m
Polygon$3.51m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,749.36
OP Mainnet$390,510.04
Avalanche$289,191.48
Monad$21,970.49
Hyperliquid L1$16,698.06
Mode$11,339.69
Fraxtal$2,604.12
Polygon zkEVM$277
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Hyperliquid L1$0
Mode$0
Monad$0
OP Mainnet$0
Plasma$0
Polygon$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Hyperliquid L1$0
Mode$0
Monad$0
OP Mainnet$0
Plasma$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Hyperliquid L1$0
Mode$0
Monad$0
OP Mainnet$0
Plasma$0
Polygon$0
Cumulative Holders Revenue$39.88m
Ethereum$33.53m
Polygon$2.1m
Arbitrum$1.34m
Base$1.27m
Gnosis$800,033.65
Plasma$378,884.6
OP Mainnet$243,489.8
Avalanche$198,279.62
Hyperliquid L1$11,489.71
Mode$6,967.25
Monad$3,535.31
Fraxtal$1,602.01
Incentives 1y$1.56m
$44.35
$0
$0
$416.5m
Earnings (Annualized)$1.84m
$55,624.65
$15,144
$2,198
-$352.01m
DEX Volume 30d$244.27m
DEX Volume 30d by chain
Monad$123.73m
Ethereum$66.47m
Polygon$38.52m
Arbitrum$7.31m
Base$3.74m
Avalanche$2.09m
Gnosis$1.3m
OP Mainnet$535,656
Hyperliquid L1$525,866
Plasma$44,213
Fraxtal$3,065.19
Mode$877.52
DEX Volume 7d$79.52m
Monad$33.3m
Polygon$23.05m
Ethereum$18.76m
Arbitrum$2.05m
Base$1.61m
Avalanche$364,972
OP Mainnet$132,723
Hyperliquid L1$118,230
Gnosis$111,300
Plasma$11,710
Fraxtal$823
Mode$113.18
DEX Volume 24h$9.98m
Monad$4.77m
Polygon$3.37m
Ethereum$801,788
Arbitrum$633,673
Base$282,003
Avalanche$82,913
Gnosis$16,851
OP Mainnet$15,829
Hyperliquid L1$2,014
Fraxtal$115
Plasma$53
Mode$18
Cumulative DEX Volume$133.278b
Ethereum$109.889b
Polygon$8.287b
Arbitrum$7.553b
Gnosis$2.988b
Base$2.359b
Plasma$924.69m
Avalanche$647.05m
Monad$497.33m
Hyperliquid L1$35.41m
OP Mainnet$31.75m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.65m
$BAL Price$0.11
$7.94m
$7.94m
$BAL Volume 24h$230,571
CEX Volume$253,508.3
DEX Volume$27,811.18(12.06% of total)
Treasury$13.16m
$2.7m
Stablecoins$6.74m
Own Tokens$429,763.13
Others$3.29m
Total Raised$39.25m
Mar 24, 2020$3mRound: SeedInvestors: Accomplice, Placeholder, CoinFund, Inflection
Nov 9, 2020$7mRound: Series AInvestors: Pantera Capital, Alameda Research, Accomplice
Feb 10, 2021$5mRound: Investors: DeFiance Capital, 3AC
May 27, 2021$24.25mRound: Investors: Blockchain Capital, FinTech Collective, Longhash Ventures, Fenbushi Capital, Continue Capital, Kain Warwick
Protocol Information
Balancer is a decentralized automated market maker (AMM) protocol built on Ethereum that represents a flexible building block for programmable liquidity.
- Balancer V3Dexs
- Balancer V2Dexs
- Balancer V1Dexs
- Balancer CoW AMMDexs
Yields
Pools Tracked233
Average Supply APY7.01%
User Activity
Active Addresses (24h)33
New Addresses (24h)6
Transactions (24h)176
Gas Used (24h)17 ETH
Gas Cost (24h)$5.14
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Hacks
Date: Aug 27, 2023
Protocol: Balancer V2
Amount: $800,000
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Sep 19, 2023
Protocol: Balancer V2
Amount: $238,000
Classification: Frontend & Infrastructure
Technique: Frontend Compromise
Chains: Ethereum
Target Type: DeFi Protocol
Date: Nov 3, 2025
Protocol: Balancer V2
Amount: $128m
Classification: Token & Share Accounting
Technique: Rounding Error
Chains: Ethereum, Arbitrum, Base, Polygon, Sonic, Optimism
Language: Solidity
Target Type: DeFi Protocol
Date: Aug 30, 2026
Protocol: Balancer V1
Amount: $234,000
Classification: Token & Share Accounting
Technique: Rounding Error
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Balancer's TVL?
Balancer currently has $64.3m in total value locked. TVL has increased 8.8% over the past 30 days.
What chains does Balancer operate on?
Balancer operates on 13 chains: Ethereum, Polygon, Arbitrum, Base, and Gnosis and 8 others. Ethereum holds the largest share at 67.3%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $204,985 in fees. Of that, $55,669 was protocol revenue. Based on the trailing year, the annualized rate is $9.95m in fees and $3.4m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.11. Its circulating market capitalization is $7.66m, ranking it #1,684. Its fully diluted valuation is $7.94m. Supply currently stands at 69.79m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is down 7.7% over the past 7 days and up 0.4% over the past 30 days. Its all-time high is $74.45, reached on May 4, 2021. The token is currently 99.9% below that level.
How does Balancer's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer ranks #22 by TVL. The category holds $13.285b across 1,928 protocols, and Balancer accounts for 0.5% of that total. Other leading protocols include Curve DEX, Uniswap V3, WOOFi Swap, SushiSwap V3, SushiSwap, Wombat Exchange, Gyroscope Protocol, Archly V2, Uniswap V4, and Uniswap V2.
How much trading volume does Balancer process?
Balancer processed $244.27m in DEX volume over the past 30 days.
Does Balancer have a treasury?
Balancer has a tracked treasury currently valued at $13.16m. Its holdings include $6.74m in stablecoins, $2.7m in major assets, $429,763.13 in its own tokens, $3.29m in other assets.
Has Balancer ever been exploited?
Balancer has 4 recorded security incidents. The most recent incident occurred on Aug 30, 2026 and involved $234,000. It was classified as Token & Share Accounting.
