Balancer V2(BAL)
Total Value Locked$19.58m
TVL by Chain
Ethereum$14.81m
Polygon$2.82m
Arbitrum$1.21m
Base$360,510
Gnosis$226,156
Avalanche$136,843
Mode$19,147
Fraxtal$10,356
Polygon zkEVM$0
Key Metrics
Fees 30d$149,766
Fees 30d by chain
Ethereum$60,520
Polygon$59,840
Base$22,441
Arbitrum$5,324
Gnosis$1,042
Avalanche$397.63
OP Mainnet$193.17
Mode$6.38
Fraxtal$1.72
Fees 7d$27,802
Ethereum$13,083
Polygon$13,006
Arbitrum$1,253
Base$209.59
Gnosis$147
Avalanche$52.26
OP Mainnet$49.25
Mode$1.44
Fraxtal$0.32
Fees 24h$7,996
Polygon$4,820
Ethereum$2,136
Arbitrum$960
Base$47
Gnosis$23
Avalanche$4.76
OP Mainnet$3.02
Mode$1.96
Fraxtal$0.03
Cumulative Fees$124.14m
Ethereum$107.76m
Polygon$7.1m
Arbitrum$4m
Gnosis$2.42m
Base$1.74m
OP Mainnet$744,364
Avalanche$343,285
Mode$22,681
Fraxtal$5,209
Polygon zkEVM$7
Revenue 30d$74,880
Revenue 30d by chain
Ethereum$30,258
Polygon$29,920
Base$11,219
Arbitrum$2,662
Gnosis$522.34
Avalanche$198.72
OP Mainnet$95.51
Mode$3.21
Fraxtal$0.84
Revenue 7d$13,898
Ethereum$6,541
Polygon$6,503
Arbitrum$626
Base$104.26
Gnosis$74.19
Avalanche$25.63
OP Mainnet$24.12
Mode$0.72
Fraxtal$0.16
Revenue 24h$3,998
Polygon$2,410
Ethereum$1,068
Arbitrum$480
Base$23
Gnosis$12
Avalanche$2.38
OP Mainnet$1.51
Mode$0.98
Fraxtal$0.01
Cumulative Revenue$62.01m
Ethereum$53.83m
Polygon$3.54m
Arbitrum$2m
Gnosis$1.21m
Base$870,665
OP Mainnet$372,178
Avalanche$171,933
Mode$11,344
Fraxtal$2,605
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$37.91m
Ethereum$33m
Polygon$2.11m
Arbitrum$1.21m
Gnosis$742,595
Base$510,651
OP Mainnet$228,630
Avalanche$102,650
Mode$6,967
Fraxtal$1,602
Polygon zkEVM$170.35
DEX Volume 30d$148.26m
DEX Volume 30d by chain
Polygon$102.72m
Base$21.48m
Ethereum$19.22m
Arbitrum$3.95m
Gnosis$435,233
OP Mainnet$345,207
Avalanche$94,973
Fraxtal$3,291
Mode$2,473
DEX Volume 7d$27.6m
Polygon$23.37m
Ethereum$3.51m
Arbitrum$457,786
Gnosis$96,322
OP Mainnet$87,722
Base$57,511
Avalanche$27,672
Fraxtal$609
Mode$544.31
DEX Volume 24h$10.24m
Polygon$9.68m
Ethereum$272,590
Arbitrum$231,491
Gnosis$15,655
OP Mainnet$15,576
Avalanche$11,163
Base$10,750
Fraxtal$61
Cumulative DEX Volume$100.532b
Ethereum$81.686b
Polygon$8.399b
Arbitrum$6.865b
Gnosis$2.812b
Base$468.93m
Avalanche$222.92m
Fraxtal$28.78m
Polygon zkEVM$26.03m
OP Mainnet$12.62m
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 Tracked98
Average Supply APY3.75%
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 $19.58m in total value locked. TVL has decreased 30.1% 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 75.6%.
How much has Balancer V2 generated in fees and revenue?
Over the past 30 days, Balancer V2 generated $149,766 in fees. Of that, $74,880 was protocol revenue. Based on the trailing year, the annualized rate is $2.92m in fees and $1.46m in revenue.
How does Balancer V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer V2 ranks #50 by TVL. The category holds $14.216b across 1,939 protocols, and Balancer V2 accounts for 0.1% 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 $148.26m 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.