Total Value Locked$26.74m
TVL by Chain
Ethereum$21.08m
Polygon$3.81m
Arbitrum$1.1m
Base$344,626.54
Gnosis$267,023.39
Avalanche$100,499.44
Mode$16,951.38
Fraxtal$10,292.69
Polygon zkEVM$0
Key Metrics
Fees 30d$114,670
Fees 30d by chain
Ethereum$60,913
Polygon$37,821
Base$9,742.02
Arbitrum$4,991
Gnosis$949.23
OP Mainnet$125.47
Avalanche$123.23
Mode$1.96
Fraxtal$1.92
Fees 7d$32,457
Polygon$14,016
Ethereum$10,189
Base$6,864
Arbitrum$1,130
Gnosis$185.2
OP Mainnet$41.38
Avalanche$30.02
Fraxtal$0.43
Mode$0.13
Fees 24h$6,559
Polygon$2,762
Ethereum$2,318
Base$1,275
Arbitrum$169
Gnosis$20
OP Mainnet$11
Avalanche$3.75
Fraxtal$0.09
Mode$0
Cumulative Fees$124.02m
Ethereum$107.72m
Polygon$7.05m
Arbitrum$3.99m
Gnosis$2.42m
Base$1.73m
OP Mainnet$744,225.7
Avalanche$342,923.21
Mode$22,673.23
Fraxtal$5,207.73
Polygon zkEVM$7
Revenue 30d$57,337
Revenue 30d by chain
Ethereum$30,458
Polygon$18,911
Base$4,871.46
Arbitrum$2,493
Gnosis$477.03
OP Mainnet$62.37
Avalanche$61.9
Fraxtal$0.99
Mode$0.98
Revenue 7d$16,226
Polygon$7,007
Ethereum$5,094
Base$3,430
Arbitrum$565
Gnosis$92.82
OP Mainnet$20.47
Avalanche$15
Fraxtal$0.21
Mode$0.07
Revenue 24h$3,279
Polygon$1,381
Ethereum$1,159
Base$638
Arbitrum$84
Gnosis$9.98
OP Mainnet$5.41
Avalanche$1.87
Fraxtal$0.04
Mode$0
Cumulative Revenue$61.95m
Ethereum$53.8m
Polygon$3.52m
Arbitrum$1.99m
Gnosis$1.21m
Base$864,008.25
OP Mainnet$372,109.16
Avalanche$171,751.89
Mode$11,339.81
Fraxtal$2,604.43
Polygon zkEVM$277
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Cumulative Holders Revenue$37.87m
Ethereum$32.97m
Polygon$2.1m
Arbitrum$1.21m
Gnosis$742,491.85
Base$510,090.42
OP Mainnet$228,630.14
Avalanche$102,479.06
Mode$6,967.25
Fraxtal$1,602.01
DEX Volume 30d$96.98m
DEX Volume 30d by chain
Polygon$65.12m
Ethereum$19.32m
Base$8.24m
Arbitrum$3.12m
Gnosis$713,105
OP Mainnet$368,879
Avalanche$96,487
Fraxtal$3,705
Mode$776.88
DEX Volume 7d$34.9m
Polygon$24.14m
Base$5.98m
Ethereum$3.77m
Arbitrum$828,358
OP Mainnet$93,029
Gnosis$82,200
Avalanche$8,791
Fraxtal$820
Mode$52.43
DEX Volume 24h$7.03m
Polygon$4.82m
Base$1.34m
Ethereum$718,090
Arbitrum$107,217
OP Mainnet$28,938
Gnosis$11,481
Avalanche$971
Fraxtal$160
Mode$0.02
Cumulative DEX Volume$100.424b
Ethereum$81.671b
Polygon$8.322b
Arbitrum$6.862b
Gnosis$2.811b
Base$455.81m
Avalanche$222.82m
Fraxtal$28.78m
Polygon zkEVM$26.03m
OP Mainnet$12.4m
Mode$11.2m
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: All trading fees collected (includes swap and yield fee)View code on GitHubRevenue: Balancer V2 protocol collects 50% swap fees as revenue.View code on GitHubHolders Revenue: Share of revenue to veBAL holders (None after 2026-04-23)View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubYields
Pools Tracked97
Average Supply APY1%
Hacks
Date: Aug 27, 2023
Amount: $800,000
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Sep 19, 2023
Amount: $238,000
Classification: Frontend & Infrastructure
Technique: Frontend Compromise
Chains: Ethereum
Target Type: DeFi Protocol
Date: Nov 3, 2025
Amount: $128m
Classification: Token & Share Accounting
Technique: Rounding Error
Chains: Ethereum, Arbitrum, Base, Polygon, Sonic, Optimism
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Balancer V2's TVL?
Balancer V2 currently has $26.74m in total value locked. TVL has increased 3.6% over the past 30 days.
What chains does Balancer V2 operate on?
Balancer V2 operates on 10 chains: Ethereum, Polygon, Arbitrum, Base, and Gnosis and 5 others. Ethereum holds the largest share at 78.9%.
How much has Balancer V2 generated in fees and revenue?
Over the past 30 days, Balancer V2 generated $114,670 in fees. Of that, $57,337 was protocol revenue. Based on the trailing year, the annualized rate is $3.26m in fees and $1.63m in revenue.
How does Balancer V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer V2 ranks #35 by TVL. The category holds $13.117b across 1,918 protocols, and Balancer V2 accounts for 0.2% of that total. Other leading protocols include Curve DEX, SushiSwap V3, SushiSwap, Gyroscope Protocol, Archly V2, Uniswap V3, WOOFi Swap, Elk, Uniswap V4, and Uniswap V2.
How much trading volume does Balancer V2 process?
Balancer V2 processed $96.98m in DEX volume over the past 30 days.
Has Balancer V2 ever been exploited?
Balancer V2 has 3 recorded security incidents. The most recent incident occurred on Nov 3, 2025 and involved $128m. It was classified as Token & Share Accounting.

