Total Value Locked$28.13m
TVL by Chain
Ethereum$22.06m
Polygon$4.2m
Arbitrum$1.13m
Base$318,597.9
Gnosis$287,515.73
Avalanche$99,031.87
Mode$17,820.79
Fraxtal$10,412.16
Polygon zkEVM$0
Key Metrics
Fees (Annualized)$3.7m
Fees 30d$101,842
Ethereum$61,294
Polygon$30,650
Base$6,047.68
Arbitrum$2,783.98
Gnosis$873.58
Avalanche$102.04
OP Mainnet$86.24
Mode$1.96
Fraxtal$1.89
Fees 7d$31,787
Ethereum$26,261
Polygon$4,361
Arbitrum$727
Base$191
Gnosis$177
Avalanche$44.13
OP Mainnet$25.03
Mode$1.02
Fraxtal$0.48
Fees 24h$2,331
Ethereum$1,397
Polygon$465
Arbitrum$427
Base$26
Gnosis$12
Avalanche$2.1
OP Mainnet$2.04
Mode$0.03
Fraxtal$0.02
Cumulative Fees$123.95m
Ethereum$107.69m
Polygon$7.02m
Arbitrum$3.99m
Gnosis$2.42m
Base$1.72m
OP Mainnet$744,128.76
Avalanche$342,856.67
Mode$22,672.46
Fraxtal$5,206.53
Polygon zkEVM$7
Revenue (Annualized)$1.85m
Revenue 30d$50,922
Ethereum$30,645
Polygon$15,326
Base$3,022.35
Arbitrum$1,393.87
Gnosis$438.95
Avalanche$51.35
OP Mainnet$43.34
Mode$1
Fraxtal$0.93
Revenue 7d$15,898
Ethereum$13,131
Polygon$2,182
Arbitrum$363
Base$95.48
Gnosis$90.28
Avalanche$22.35
OP Mainnet$12.5
Mode$0.51
Fraxtal$0.25
Revenue 24h$1,165
Ethereum$699
Polygon$232
Arbitrum$213
Base$13
Gnosis$5.78
Avalanche$1.05
OP Mainnet$1.02
Mode$0.02
Fraxtal$0.01
Cumulative Revenue$61.91m
Ethereum$53.79m
Polygon$3.5m
Arbitrum$1.99m
Gnosis$1.21m
Base$858,644.88
OP Mainnet$372,061.13
Avalanche$171,718.63
Mode$11,339.43
Fraxtal$2,603.82
Polygon zkEVM$277
Holders Revenue (Annualized)$971,401
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$37.87m
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$73.5m
DEX Volume 30d by chain
Polygon$42.11m
Ethereum$23.12m
Base$5.14m
Arbitrum$1.95m
Gnosis$764,589
OP Mainnet$313,635
Avalanche$82,132
Fraxtal$3,623.19
Mode$806.41
DEX Volume 7d$12.25m
Ethereum$8.28m
Polygon$3.22m
Arbitrum$288,286
Gnosis$280,442
OP Mainnet$73,768
Base$55,307
Avalanche$54,110
Fraxtal$915
Mode$394
DEX Volume 24h$1.45m
Polygon$711,483
Ethereum$586,948
Arbitrum$94,946
Gnosis$22,392
Avalanche$21,762
Base$9,234
OP Mainnet$2,922
Fraxtal$31
Mode$13
Cumulative DEX Volume$100.337b
Ethereum$81.662b
Polygon$8.257b
Arbitrum$6.86b
Gnosis$2.811b
Base$446.32m
Avalanche$222.8m
Fraxtal$28.78m
Polygon zkEVM$26.03m
OP Mainnet$12.14m
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.
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 Tracked106
Average Supply APY1.95%
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 $28.13m in total value locked. TVL has decreased 1.7% over the past 30 days.
What chains does Balancer V2 operate on?
Balancer V2 operates on 9 chains: Polygon zkEVM, Fraxtal, Mode, Avalanche, and Gnosis and 4 others. Ethereum holds the largest share at 78.4%.
How much has Balancer V2 generated in fees and revenue?
Over the past 30 days, Balancer V2 generated $101,842 in fees. Of that, $50,922 was protocol revenue. Based on the trailing year, the annualized rate is $3.7m in fees and $1.85m in revenue.
How does Balancer V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer V2 ranks #37 by TVL. The category holds $12.681b across 1,921 protocols, and Balancer V2 accounts for 0.2% of that total. Other leading protocols include Uniswap V3, Curve DEX, SushiSwap V3, SushiSwap, Gyroscope Protocol, Archly V2, WOOFi Swap, Elk, Uniswap V2, and Uniswap V4.
How much trading volume does Balancer V2 process?
Balancer V2 processed $73.5m 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.
