Total Value Locked$65.61m
TVL by Chain
Ethereum$43.95m
Monad$11.37m
Polygon$4.16m
Arbitrum$2.14m
Base$1.43m
Hyperliquid L1$1.12m
Avalanche$606,088
OP Mainnet$387,548
Gnosis$380,722
Plasma$35,728
Mode$17,904
Fraxtal$10,409
Polygon zkEVM$0
Key Metrics
Fees 30d$193,206
Fees 30d by chain
Ethereum$131,318
Monad$25,511
Polygon$21,685
Arbitrum$7,570.98
Base$4,166.72
Gnosis$1,000.5
Avalanche$906.7
OP Mainnet$672.37
Plasma$200.36
Hyperliquid L1$172.49
Mode$2.24
Fraxtal$1.5
Fees 7d$43,524
Ethereum$23,869
Polygon$8,860
Monad$7,353
Arbitrum$2,117
Base$823.04
OP Mainnet$165.2
Hyperliquid L1$128.74
Gnosis$118.05
Avalanche$84.23
Plasma$5.24
Mode$0.5
Fraxtal$0.39
Fees 24h$7,152
Ethereum$3,828
Polygon$1,626
Monad$1,186
Arbitrum$293
Base$136
Avalanche$28.9
OP Mainnet$26.76
Gnosis$21.97
Hyperliquid L1$3.88
Plasma$1.05
Mode$0.1
Fraxtal$0.07
Cumulative Fees$301.48m
Ethereum$278.99m
Polygon$7.03m
Arbitrum$5m
Base$4.31m
Gnosis$2.75m
Plasma$1.36m
Avalanche$923,615.63
OP Mainnet$858,105.78
Monad$175,214.74
Hyperliquid L1$60,708.07
Mode$22,673.03
Fraxtal$5,206.98
Polygon zkEVM$7
Revenue 30d$50,775
Revenue 30d by chain
Ethereum$32,023
Polygon$10,844
Monad$3,584
Arbitrum$2,346.87
Base$1,113.6
Gnosis$472.61
Avalanche$225.22
OP Mainnet$116.44
Hyperliquid L1$24.77
Plasma$21.78
Mode$1.14
Fraxtal$0.76
Revenue 7d$13,521
Ethereum$7,073
Polygon$4,431
Monad$970
Arbitrum$742
Base$188.88
Gnosis$52.31
OP Mainnet$30.7
Avalanche$17.26
Hyperliquid L1$14.34
Plasma$0.87
Mode$0.25
Fraxtal$0.2
Revenue 24h$2,451
Ethereum$1,331
Polygon$813
Monad$156
Arbitrum$99
Base$33
Gnosis$9.9
OP Mainnet$4.41
Avalanche$4.35
Hyperliquid L1$0.68
Plasma$0.18
Mode$0.05
Fraxtal$0.04
Cumulative Revenue$64.49m
Ethereum$54.56m
Polygon$3.51m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,749.03
OP Mainnet$390,498.79
Avalanche$289,150.96
Monad$21,537.49
Hyperliquid L1$16,697.02
Mode$11,339.71
Fraxtal$2,604.05
Polygon zkEVM$277
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Hyperliquid L1$0
Mode$0
Monad$0
OP Mainnet$0
Plasma$0
Polygon$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Hyperliquid L1$0
Mode$0
Monad$0
OP Mainnet$0
Plasma$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Hyperliquid L1$0
Mode$0
Monad$0
OP Mainnet$0
Plasma$0
Polygon$0
Cumulative Holders Revenue$39.88m
Ethereum$33.53m
Polygon$2.1m
Arbitrum$1.34m
Base$1.27m
Gnosis$800,033.65
Plasma$378,884.6
OP Mainnet$243,489.8
Avalanche$198,279.62
Hyperliquid L1$11,489.71
Mode$6,967.25
Monad$3,535.31
Fraxtal$1,602.01
Incentives 1y$1.59m
$44.35
$1
$0
$416.5m
Earnings (Annualized)$1.89m
$50,730.65
$13,520
$2,451
-$352.01m
DEX Volume 30d$229.89m
DEX Volume 30d by chain
Monad$122.31m
Ethereum$67.63m
Polygon$26.28m
Arbitrum$6.68m
Base$2.62m
Avalanche$1.92m
Gnosis$1.33m
OP Mainnet$566,587
Hyperliquid L1$497,276
Plasma$62,838.17
Fraxtal$2,885.19
Mode$910.73
DEX Volume 7d$78.14m
Monad$37.48m
Ethereum$20.56m
Polygon$17.12m
Arbitrum$1.73m
Base$504,184
Avalanche$332,928
Gnosis$161,769
OP Mainnet$134,656
Hyperliquid L1$104,270
Plasma$13,792
Fraxtal$755
Mode$195.3
DEX Volume 24h$15.65m
Monad$7.7m
Ethereum$4.21m
Polygon$3.32m
Arbitrum$211,779
Base$77,257
Avalanche$65,099
Hyperliquid L1$28,738
OP Mainnet$19,750
Gnosis$16,498
Plasma$964
Fraxtal$153
Mode$41
Cumulative DEX Volume$133.258b
Ethereum$109.889b
Polygon$8.276b
Arbitrum$7.552b
Gnosis$2.988b
Base$2.357b
Plasma$924.68m
Avalanche$646.9m
Monad$490.63m
Hyperliquid L1$35.39m
OP Mainnet$31.71m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.81m
$BAL Price$0.11
$8.1m
$8.1m
$BAL Volume 24h$488,464
CEX Volume$364,283.04
DEX Volume$186,796.49(38.24% of total)
Treasury$13.16m
$2.7m
Stablecoins$6.74m
Own Tokens$429,763.13
Others$3.29m
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 decentralized automated market maker (AMM) protocol built on Ethereum that represents a flexible building block for programmable liquidity.
- Balancer V3Dexs
- Balancer V2Dexs
- Balancer V1Dexs
- Balancer CoW AMMDexs
Yields
Pools Tracked231
Average Supply APY6.62%
User Activity
Active Addresses (24h)31
New Addresses (24h)4
Transactions (24h)208
Gas Used (24h)10 ETH
Gas Cost (24h)$7.14
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Hacks
Date: Aug 27, 2023
Protocol: Balancer V2
Amount: $800,000
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Sep 19, 2023
Protocol: Balancer V2
Amount: $238,000
Classification: Frontend & Infrastructure
Technique: Frontend Compromise
Chains: Ethereum
Target Type: DeFi Protocol
Date: Nov 3, 2025
Protocol: Balancer V2
Amount: $128m
Classification: Token & Share Accounting
Technique: Rounding Error
Chains: Ethereum, Arbitrum, Base, Polygon, Sonic, Optimism
Language: Solidity
Target Type: DeFi Protocol
Date: Aug 30, 2026
Protocol: Balancer V1
Amount: $234,000
Classification: Token & Share Accounting
Technique: Rounding Error
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Balancer's TVL?
Balancer currently has $65.61m in total value locked. TVL has increased 8.4% over the past 30 days.
What chains does Balancer operate on?
Balancer operates on 13 chains: Ethereum, Polygon, Arbitrum, Base, and Gnosis and 8 others. Ethereum holds the largest share at 67%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $193,206 in fees. Of that, $50,775 was protocol revenue. Based on the trailing year, the annualized rate is $10.18m in fees and $3.48m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.11. Its circulating market capitalization is $7.81m, ranking it #1,654. Its fully diluted valuation is $8.1m. Supply currently stands at 69.79m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is down 5.4% over the past 7 days and up 2.6% over the past 30 days. Its all-time high is $74.45, reached on May 4, 2021. The token is currently 99.8% below that level.
How does Balancer's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer ranks #22 by TVL. The category holds $12.997b across 1,923 protocols, and Balancer accounts for 0.5% of that total. Other leading protocols include Curve DEX, Uniswap V3, WOOFi Swap, SushiSwap V3, SushiSwap, Wombat Exchange, Gyroscope Protocol, Archly V2, Uniswap V4, and Uniswap V2.
How much trading volume does Balancer process?
Balancer processed $229.89m in DEX volume over the past 30 days.
Does Balancer have a treasury?
Balancer has a tracked treasury currently valued at $13.16m. Its holdings include $6.74m in stablecoins, $2.7m in major assets, $429,763.13 in its own tokens, $3.29m in other assets.
Has Balancer ever been exploited?
Balancer has 4 recorded security incidents. The most recent incident occurred on Aug 30, 2026 and involved $234,000. It was classified as Token & Share Accounting.
