Ask about BalancerTotal Value Locked$62.9m
TVL by Chain
Ethereum$40.56m
Monad$11.78m
Polygon$3.82m
Arbitrum$2.1m
Base$1.39m
Hyperliquid L1$1.18m
Avalanche$828,622
Plasma$561,760
Gnosis$350,412
OP Mainnet$300,215
Mode$14,334
Fraxtal$11,773
Polygon zkEVM$0
Key Metrics
Fees (Annualized)$11.33m
Fees 30d$243,865
Ethereum$115,295
Polygon$70,520
Base$23,406
Monad$19,459
Arbitrum$9,915
Avalanche$2,434.51
Plasma$1,218
Gnosis$881.4
OP Mainnet$570.92
Hyperliquid L1$161.09
Mode$0.33
Fraxtal$0.23
Fees 7d$70,825
Ethereum$40,580
Polygon$17,046
Base$5,777
Monad$3,954
Arbitrum$2,544
Avalanche$442.51
Plasma$263
OP Mainnet$113.92
Gnosis$82.4
Hyperliquid L1$22.09
Mode$0.33
Fraxtal$0.23
Fees 24h$9,361
Ethereum$4,062
Polygon$3,663
Base$745
Monad$505
Arbitrum$199
Avalanche$116.73
Plasma$39
OP Mainnet$17.6
Gnosis$11.5
Hyperliquid L1$1.81
Fraxtal$0.08
Mode$0.03
Cumulative Fees$298.31m
Ethereum$278.21m
Polygon$6.98m
Arbitrum$4.47m
Base$3.24m
Gnosis$2.66m
Plasma$1.16m
OP Mainnet$784,332.84
Avalanche$590,279.3
Monad$151,020
Hyperliquid L1$35,597.58
Mode$23,900.42
Fraxtal$5,659.34
Polygon zkEVM$11
Revenue (Annualized)$4.31m
Revenue 30d$98,764
Ethereum$46,766
Polygon$35,258
Base$9,989.98
Arbitrum$3,092
Monad$2,524
Avalanche$451.74
Gnosis$413.03
Plasma$142.6
OP Mainnet$87.83
Hyperliquid L1$40.02
Mode$0.17
Fraxtal$0.13
Revenue 7d$29,346
Ethereum$17,051
Polygon$8,524
Base$2,382.98
Arbitrum$748
Monad$469
Avalanche$80.74
Gnosis$35.03
Plasma$30.6
OP Mainnet$15.83
Hyperliquid L1$5.02
Mode$0.17
Fraxtal$0.13
Revenue 24h$3,703
Polygon$1,832
Ethereum$1,391
Base$327
Monad$62
Arbitrum$55
Avalanche$22.86
Gnosis$5.17
Plasma$4.04
OP Mainnet$2.72
Hyperliquid L1$0.45
Fraxtal$0.04
Mode$0.02
Cumulative Revenue$63.79m
Ethereum$54.34m
Polygon$3.49m
Arbitrum$2.13m
Base$1.46m
Gnosis$1.26m
Plasma$450,871.6
OP Mainnet$380,432.88
Avalanche$240,028.14
Monad$17,780
Hyperliquid L1$13,663.89
Mode$11,950.22
Fraxtal$2,835.18
Polygon zkEVM$279
Holders Revenue (Annualized)$1.68m
Holders Revenue 30d$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 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$38.18m
Ethereum$33.14m
Polygon$2.1m
Arbitrum$1.23m
Gnosis$751,276
Base$571,393
OP Mainnet$230,515
Avalanche$111,776
Plasma$29,821
Mode$7,343
Monad$3,496
Hyperliquid L1$2,765
Fraxtal$1,671
Polygon zkEVM$0
Incentives 1y$2.22m
$173.1
$140.65
$140.2
$416.5m
Earnings (Annualized)$2.09m
$98,590.9
$29,205.35
$3,562.8
-$352.71m
DEX Volume 30d$326.31m
DEX Volume 30d by chain
Polygon$112.54m
Monad$91.58m
Ethereum$87.61m
Base$23.76m
Arbitrum$7.59m
Gnosis$791,696
Avalanche$771,317
Plasma$735,074
Hyperliquid L1$601,802
OP Mainnet$322,244
Fraxtal$4,432
Mode$348
DEX Volume 7d$76.75m
Polygon$32.04m
Ethereum$20.41m
Monad$16.35m
Base$5.42m
Arbitrum$1.85m
Hyperliquid L1$203,403
Gnosis$167,874
Avalanche$167,493
Plasma$96,933
OP Mainnet$48,283
Fraxtal$930
Mode$209
DEX Volume 24h$13.85m
Polygon$6.39m
Ethereum$3.12m
Monad$3.07m
Base$926,099
Arbitrum$268,468
Avalanche$27,471
Gnosis$21,863
Plasma$11,993
Hyperliquid L1$9,434
OP Mainnet$7,545
Fraxtal$160
Mode$14
Cumulative DEX Volume$132.954b
Ethereum$109.805b
Polygon$8.224b
Arbitrum$7.543b
Gnosis$2.987b
Base$2.351b
Plasma$924.61m
Avalanche$644.87m
Monad$342.32m
Hyperliquid L1$34.4m
OP Mainnet$31m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.19m
$BAL Price$0.11
$8.06m
$8.06m
$BAL Volume 24h$524,970
CEX Volume$420,358.9
DEX Volume$138,488.89(26.38% of total)
$BAL Liquidity$39.18m
Balancer V2$37.54m
Balancer V2$923,215
Balancer V2$588,587
Balancer V2$84,867
Balancer V2$36,871
Uniswap V3$13,750
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.
Category:Dexs
Yields
Pools Tracked259
Average Supply APY6.47%
User Activity
Active Addresses (24h)36
New Addresses (24h)5
Transactions (24h)107
Gas Used (24h)$6.35
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: Protocol Logic
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Sep 19, 2023
Protocol: Balancer V2
Amount: $238,000
Classification: Protocol Logic
Technique: Frontend Attack
Chains: Ethereum
Target Type: DeFi Protocol
Date: Nov 3, 2025
Protocol: Balancer V2
Amount: $128m
Classification: Protocol Logic
Technique: Composable Stable Pools Exploit
Chains: Ethereum, Arbitrum, Base, Polygon, Sonic, Optimism
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Balancer?
Balancer is a decentralized automated market maker (AMM) protocol built on Ethereum that represents a flexible building block for programmable liquidity.
What is Balancer's TVL?
Balancer currently has $62.9m in total value locked. TVL has decreased 0.7% 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 64.5%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $243,865 in fees. Of that, $98,764 was protocol revenue. Based on the trailing year, the annualized rate is $11.33m in fees and $4.31m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.11. Its circulating market capitalization is $7.11m, ranking it #1,636. Its fully diluted valuation is $7.97m. Supply currently stands at 64.58m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is down 24.5% over the past 7 days and up 23.3% 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 #17 by TVL. The category holds $11.202b across 1,574 protocols, and Balancer accounts for 0.6% of that total. Other leading protocols include Uniswap, PancakeSwap, and Curve Finance.
How much trading volume does Balancer process?
Balancer processed $326.31m 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 3 recorded security incidents. The most recent incident occurred on Nov 3, 2025 and involved $128m. It was classified as Protocol Logic.
