Total Value Locked$4.47m
TVL by Chain
Ethereum$4.47m
Key Metrics
Fees 30d$7,398
Fees 30d by chain
Ethereum$7,398
Fees 7d$921.30
Ethereum$921.30
Fees 24h$211
Ethereum$211
Cumulative Fees$167.43m
Ethereum$167.43m
Revenue 30d$0
Revenue 30d by chain
Ethereum$0
Revenue 7d$0
Ethereum$0
Revenue 24h$0
Ethereum$0
Cumulative Revenue$0
Ethereum$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$0
Ethereum$0
DEX Volume 30d$2.38m
DEX Volume 30d by chain
Ethereum$2.38m
DEX Volume 7d$410,700
Ethereum$410,700
DEX Volume 24h$92,196
Ethereum$92,196
Cumulative DEX Volume$7.239b
Ethereum$7.239b
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
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Swap fees paid by traders on the counted swaps, at each pool's own swap feeView code on GitHubRevenue: Balancer V1 takes no protocol fee, so protocol revenue is zeroView code on GitHubHolders Revenue: Money going to governance token holdersView code on GitHubDEX Volume: Value of swaps in Balancer V1 pools, counted on the side that is WETH, DAI, USDC, USDT, WBTC or BAL; swaps between two other tokens and wash trades are not countedView code on GitHubHacks
Date: Aug 30, 2026
Amount: $234,000
Classification: Token & Share Accounting
Technique: Rounding Error
An attacker first used swaps to reduce the Balancer V1 BPool’s WBTC reserve to near-dust levels, then exploited rounding in joinswapPoolAmountOut. When the function reverse-calculated the WBTC required to mint a caller-specified amount of BPT, 18-decimal fixed-point arithmetic rounded the required input down to 1 satoshi while still minting the full BPT amount. The attacker minted 4,408.8 BPT through these underpriced joins and exited the pool proportionally to drain DPI, USDC, WETH, and WBTC
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Sep 9, 2026
Amount: $250,000
Classification: Protocol Logic
Technique: Swap Logic Flaw
An attacker exploited a previously disclosed pricing vulnerability in deprecated Balancer V1 pools, extracting approximately $250,000. The attack was financed through flash loans and temporary collateral positions across three Aave V3 lending markets
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Balancer V1 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 29, 2020 to Nov 15, 2026.
All-time high TVL: $3.266b on May 18, 2021. All-time low TVL: $98 on Mar 13, 2020.
Daily TVL, Oct 17, 2026 to Nov 15, 2026
| Date | TVL |
|---|---|
| Oct 17, 2026 | $5.84m |
| Oct 18, 2026 | $5.79m |
| Oct 19, 2026 | $5.78m |
| Oct 20, 2026 | $5.76m |
| Oct 21, 2026 | $5.79m |
| Oct 22, 2026 | $5.64m |
| Oct 23, 2026 | $5.58m |
| Oct 24, 2026 | $5.5m |
| Oct 25, 2026 | $5.32m |
| Oct 26, 2026 | $5.25m |
| Oct 27, 2026 | $5.26m |
| Oct 28, 2026 | $5.25m |
| Oct 29, 2026 | $5.28m |
| Oct 30, 2026 | $5.17m |
| Oct 31, 2026 | $5.25m |
| Nov 1, 2026 | $5.3m |
| Nov 2, 2026 | $5.19m |
| Nov 3, 2026 | $5.1m |
| Nov 4, 2026 | $5.25m |
| Nov 5, 2026 | $5.46m |
| Nov 6, 2026 | $5.2m |
| Nov 7, 2026 | $5.21m |
| Nov 8, 2026 | $5.16m |
| Nov 9, 2026 | $5.02m |
| Nov 10, 2026 | $5.02m |
| Nov 11, 2026 | $4.88m |
| Nov 12, 2026 | $4.73m |
| Nov 13, 2026 | $4.74m |
| Nov 14, 2026 | $4.52m |
| Nov 15, 2026 | $4.24m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $16.4m |
| Jan 31, 2025 | $15.97m |
| Feb 28, 2025 | $12.49m |
| Mar 31, 2025 | $11.06m |
| Apr 30, 2025 | $11.24m |
| May 31, 2025 | $12.31m |
| Jun 30, 2025 | $11.94m |
| Jul 31, 2025 | $13.75m |
| Aug 31, 2025 | $14.19m |
| Sep 30, 2025 | $13.55m |
| Oct 31, 2025 | $12.17m |
| Nov 30, 2025 | $10.44m |
| Dec 31, 2025 | $9.87m |
| Jan 31, 2026 | $9m |
| Feb 28, 2026 | $7.28m |
| Mar 31, 2026 | $7.35m |
| Apr 30, 2026 | $7.76m |
| May 31, 2026 | $7.24m |
| Jun 30, 2026 | $5.84m |
| Jul 31, 2026 | $6.25m |
| Aug 31, 2026 | $7.33m |
| Sep 30, 2026 | $6.02m |
| Oct 31, 2026 | $5.25m |
| Nov 15, 2026 (latest) | $4.24m |
TVL at each year end, Dec 31, 2020 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2020 | $577.94m |
| Dec 31, 2021 | $739.32m |
| Dec 31, 2022 | $83.74m |
| Dec 31, 2023 | $149.59m |
| Dec 31, 2024 | $16.4m |
| Dec 31, 2025 | $9.87m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $33,746 | $0 | $0 |
| Jan 2025 | $20,246 | $0 | $0 |
| Feb 2025 | $28,511 | $0 | $0 |
| Mar 2025 | $29,177 | $0 | $0 |
| Apr 2025 | $23,310 | $0 | $0 |
| May 2025 | $34,012 | $0 | $0 |
| Jun 2025 | $14,704 | $0 | $0 |
| Jul 2025 | $16,512 | $0 | $0 |
| Aug 2025 | $24,169 | $0 | $0 |
| Sep 2025 | $15,317 | $0 | $0 |
| Oct 2025 | $21,161 | $0 | $0 |
| Nov 2025 | $15,887 | $0 | $0 |
| Dec 2025 | $11,410 | $0 | $0 |
| Jan 2026 | $8,806 | $0 | $0 |
| Feb 2026 | $12,419 | $0 | $0 |
| Mar 2026 | $7,895 | $0 | $0 |
| Apr 2026 | $11,997 | $0 | $0 |
| May 2026 | $8,200 | $0 | $0 |
| Jun 2026 | $73,260 | $0 | $0 |
| Jul 2026 | $10,864 | $0 | $0 |
| Aug 2026 | $49,865 | $0 | $0 |
| Sep 2026 | $5,693 | $0 | $0 |
| Oct 2026 | $6,292 | $0 | $0 |
| Nov 2026 (to date) | $4,779 | $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/balancer-v1
Frequently asked questions
What is Balancer V1's TVL?
As of Nov 15, 2026, Balancer V1 has $4.47m in total value locked. TVL has decreased 23.6% over the past 30 days.
What chains does Balancer V1 operate on?
Balancer V1 operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Balancer V1 generated in fees and revenue?
Over the past 30 days, Balancer V1 generated $7,398 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $218,270 in fees.
How does Balancer V1's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer V1 ranks #106 by TVL. The category holds $11.045b across 1,941 protocols, and Balancer V1 accounts for <0.1% of that total. Similar protocols include Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Uniswap V2, PancakeSwap AMM V3, Fluid DEX, Aero Slipstream, THORChain DEX, and Aero Basic.
How much trading volume does Balancer V1 process?
Balancer V1 processed $2.38m in DEX volume over the past 30 days.
Has Balancer V1 ever been exploited?
Balancer V1 has 2 recorded security incidents. The most recent incident occurred on Sep 9, 2026 and involved $250,000. It was classified as Protocol Logic.