Total Value Locked$26.33m
TVL by Chain
Ethereum$21.15m
Polygon$3.57m
Arbitrum$954,979.32
Base$277,214.35
Gnosis$268,803.55
Avalanche$88,576.22
Mode$14,191.13
Fraxtal$9,656.95
Polygon zkEVM$0
Key Metrics
Fees (Annualized)$4.62m
Fees 30d$178,967
Ethereum$89,334
Polygon$66,501
Base$18,827.16
Arbitrum$3,465
Gnosis$653.13
Avalanche$125
OP Mainnet$58.22
Fraxtal$2.45
Mode$1.02
Fees 7d$28,281
Ethereum$14,639
Polygon$10,428
Base$2,289.16
Arbitrum$828
Gnosis$69.7
OP Mainnet$14.63
Avalanche$11.35
Fraxtal$0.66
Mode$0.21
Fees 24h$1,253
Ethereum$813
Polygon$304
Base$80
Arbitrum$36
Gnosis$18
OP Mainnet$1.71
Avalanche$0.05
Mode$0.05
Fraxtal$0.02
Cumulative Fees$123.84m
Ethereum$107.64m
Polygon$7.01m
Arbitrum$3.98m
Gnosis$2.43m
Base$1.67m
OP Mainnet$744,605.54
Avalanche$343,085.49
Mode$23,903.2
Fraxtal$5,529.15
Polygon zkEVM$7
Revenue (Annualized)$2.31m
Revenue 30d$89,484
Ethereum$44,668
Polygon$33,250
Base$9,412.01
Arbitrum$1,735
Gnosis$325.51
Avalanche$62.71
OP Mainnet$29.33
Fraxtal$1.22
Mode$0.52
Revenue 7d$14,142
Ethereum$7,319
Polygon$5,214
Base$1,144.01
Arbitrum$416
Gnosis$35.03
OP Mainnet$7.32
Avalanche$5.69
Fraxtal$0.31
Mode$0.1
Revenue 24h$627
Ethereum$407
Polygon$152
Base$40
Arbitrum$18
Gnosis$8.98
OP Mainnet$0.86
Avalanche$0.03
Mode$0.02
Fraxtal$0.01
Cumulative Revenue$61.86m
Ethereum$53.77m
Polygon$3.5m
Arbitrum$1.99m
Gnosis$1.21m
Base$835,412.54
OP Mainnet$372,305.53
Avalanche$171,825.69
Mode$11,957.1
Fraxtal$2,761.58
Polygon zkEVM$277
Holders Revenue (Annualized)$1.27m
Holders Revenue 30d$0
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$37.86m
Ethereum$32.97m
Polygon$2.1m
Arbitrum$1.21m
Gnosis$744,740.85
Base$496,159.42
OP Mainnet$228,797.14
Avalanche$102,570.89
Mode$7,350.26
Fraxtal$1,695.42
DEX Volume 30d$175.84m
DEX Volume 30d by chain
Polygon$112.82m
Ethereum$38.2m
Base$20.96m
Arbitrum$2.98m
Gnosis$533,671
OP Mainnet$297,801
Avalanche$36,536
Fraxtal$4,551
Mode$416.98
DEX Volume 7d$27.95m
Polygon$19.73m
Ethereum$5.82m
Base$1.51m
Arbitrum$764,881
Gnosis$69,267
OP Mainnet$49,471
Avalanche$4,403
Fraxtal$1,255
Mode$85.98
DEX Volume 24h$773,923
Polygon$420,991
Ethereum$248,912
Gnosis$27,445
Arbitrum$27,008
OP Mainnet$24,960
Base$24,382
Avalanche$164
Fraxtal$42
Mode$19
Cumulative DEX Volume$100.313b
Ethereum$81.649b
Polygon$8.248b
Arbitrum$6.859b
Gnosis$2.81b
Base$445.36m
Avalanche$222.71m
Fraxtal$28.78m
Polygon zkEVM$26.03m
OP Mainnet$11.95m
Mode$11.2m
$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
Protocol Information
Balancer is a protocol for programmable liquidity.
Category:Dexs
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 Tracked92
Average Supply APY2.5%
Hacks
Date: Aug 27, 2023
Amount: $800,000
Classification: Protocol Logic
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Sep 19, 2023
Amount: $238,000
Classification: Protocol Logic
Technique: Frontend Attack
Chains: Ethereum
Target Type: DeFi Protocol
Date: Nov 3, 2025
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 V2?
Balancer is a protocol for programmable liquidity.
What is Balancer V2's TVL?
Balancer V2 currently has $26.33m in total value locked. TVL has decreased 4.1% over the past 30 days.
What chains does Balancer V2 operate on?
Balancer V2 operates on 9 chains: Polygon zkEVM, Fraxtal, Mode, Avalanche, and Arbitrum and 4 others. Ethereum holds the largest share at 80.3%.
How much has Balancer V2 generated in fees and revenue?
Over the past 30 days, Balancer V2 generated $178,967 in fees. Of that, $89,484 was protocol revenue. Based on the trailing year, the annualized rate is $4.62m in fees and $2.31m in revenue.
How much trading volume does Balancer V2 process?
Balancer V2 processed $175.84m 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 Protocol Logic.

