Total Value Locked$5.31m
TVL by Chain
Ethereum$5.31m
Key Metrics
Fees 30d$6,152
Fees 30d by chain
Ethereum$6,152
Fees 7d$725.67
Ethereum$725.67
Fees 24h$94.12
Ethereum$94.12
Cumulative Fees$167.42m
Ethereum$167.42m
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$3.38m
DEX Volume 30d by chain
Ethereum$3.38m
DEX Volume 7d$354,898
Ethereum$354,898
DEX Volume 24h$42,100
Ethereum$42,100
Cumulative DEX Volume$7.237b
Ethereum$7.237b
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 protocol for programmable liquidity.
Sub Category: Weighted Pool AMM
Audits:
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
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Sep 9, 2026
Amount: $250,000
Classification: Protocol Logic
Technique: Swap Logic Flaw
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 Oct 24, 2026.
All-time high TVL: $3.266b on May 18, 2021. All-time low TVL: $98 on Mar 13, 2020.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $6.04m |
| Sep 26, 2026 | $5.95m |
| Sep 27, 2026 | $5.98m |
| Sep 28, 2026 | $6m |
| Sep 29, 2026 | $5.96m |
| Sep 30, 2026 | $6.02m |
| Oct 1, 2026 | $6.15m |
| Oct 2, 2026 | $6.24m |
| Oct 3, 2026 | $6.15m |
| Oct 4, 2026 | $6.18m |
| Oct 5, 2026 | $6.26m |
| Oct 6, 2026 | $6.25m |
| Oct 7, 2026 | $6.23m |
| Oct 8, 2026 | $6.14m |
| Oct 9, 2026 | $5.86m |
| Oct 10, 2026 | $5.84m |
| Oct 11, 2026 | $6.03m |
| Oct 12, 2026 | $5.96m |
| Oct 13, 2026 | $5.89m |
| Oct 14, 2026 | $5.98m |
| Oct 15, 2026 | $5.81m |
| Oct 16, 2026 | $5.85m |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $17.42m |
| 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 24, 2026 (latest) | $5.5m |
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, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $29,843 | $0 | $0 |
| 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 (to date) | $4,447 | $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 Oct 24, 2026, Balancer V1 has $5.31m in total value locked. TVL has decreased 11.2% 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 $6,152 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $223,532 in fees.
How does Balancer V1's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer V1 ranks #111 by TVL. The category holds $13.793b across 1,921 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 $3.38m 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.