Ask about Balancer
Total Value Locked$59m
TVL by Chain
Ethereum$41m
Monad$8.2m
Polygon$3.95m
Arbitrum$2.12m
Base$1.43m
Hyperliquid L1$1.07m
Avalanche$440,260
OP Mainnet$378,606
Gnosis$365,726
Plasma$34,370
Mode$17,053
Fraxtal$10,357
Polygon zkEVM$0
Key Metrics
Fees 30d$215,927
Fees 30d by chain
Ethereum$133,902
Polygon$29,867
Monad$29,547
Base$10,288.15
Arbitrum$9,097.98
Gnosis$1,263.91
Avalanche$1,046.32
OP Mainnet$708.34
Hyperliquid L1$174.04
Plasma$25.44
Mode$2.15
Fraxtal$1.7
Fees 7d$38,839
Ethereum$12,704
Polygon$9,485
Monad$6,717
Base$6,261
Arbitrum$2,728
Gnosis$412.19
Avalanche$345.38
OP Mainnet$162.02
Hyperliquid L1$16.51
Plasma$4.86
Fraxtal$0.39
Mode$0.2
Fees 24h$4,234
Ethereum$1,499
Polygon$1,203
Monad$864
Base$472
Arbitrum$144
OP Mainnet$30.61
Avalanche$9.81
Gnosis$8.61
Hyperliquid L1$2.17
Plasma$0.59
Fraxtal$0.01
Mode$0
Cumulative Fees$301.52m
Ethereum$279.01m
Polygon$7.04m
Arbitrum$5m
Base$4.32m
Gnosis$2.75m
Plasma$1.36m
Avalanche$923,955.33
OP Mainnet$858,316.88
Monad$183,307.74
Hyperliquid L1$60,724.67
Mode$22,673.13
Fraxtal$5,207.4
Polygon zkEVM$7
Revenue 30d$60,603
Revenue 30d by chain
Ethereum$33,136
Polygon$14,934
Monad$4,196
Base$4,137.98
Arbitrum$3,177.87
Gnosis$603.05
Avalanche$264.55
OP Mainnet$123.46
Hyperliquid L1$24.15
Plasma$4.15
Mode$1.08
Fraxtal$0.88
Revenue 7d$14,101
Polygon$4,741
Ethereum$4,117
Base$2,885
Arbitrum$1,126
Monad$911
Gnosis$201.52
Avalanche$88.72
OP Mainnet$26.38
Hyperliquid L1$2.97
Plasma$0.73
Fraxtal$0.2
Mode$0.1
Revenue 24h$1,396
Polygon$601
Ethereum$420
Base$209
Monad$104
Arbitrum$51
Gnosis$3.8
OP Mainnet$3.78
Avalanche$2.14
Hyperliquid L1$0.54
Plasma$0.07
Fraxtal$0
Mode$0
Cumulative Revenue$64.51m
Ethereum$54.57m
Polygon$3.51m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,749.88
OP Mainnet$390,532.13
Avalanche$289,240.58
Monad$22,632.49
Hyperliquid L1$16,700.26
Mode$11,339.76
Fraxtal$2,604.27
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$1.47m
$44.45
$0.1
$0
$416.5m
Earnings (Annualized)$1.85m
$60,558.55
$14,100.9
$1,396
-$351.99m
DEX Volume 30d$266.2m
DEX Volume 30d by chain
Monad$130.47m
Ethereum$66.58m
Polygon$48.86m
Arbitrum$7.9m
Base$7.74m
Avalanche$2.2m
Gnosis$1.28m
OP Mainnet$578,338
Hyperliquid L1$532,425
Plasma$45,503
Fraxtal$3,301.19
Mode$873.62
DEX Volume 7d$65.37m
Monad$31.08m
Polygon$18.31m
Ethereum$7.91m
Base$4.93m
Arbitrum$2.53m
Avalanche$341,924
Gnosis$110,324
OP Mainnet$90,625
Hyperliquid L1$61,896
Plasma$4,762
Fraxtal$763
Mode$82.88
DEX Volume 24h$9.81m
Monad$6.37m
Polygon$2.2m
Ethereum$724,950
Base$368,009
Arbitrum$95,001
Avalanche$27,033
Hyperliquid L1$14,080
Gnosis$7,166
OP Mainnet$6,708
Plasma$389
Fraxtal$16
Mode$0
Cumulative DEX Volume$133.333b
Ethereum$109.896b
Polygon$8.301b
Arbitrum$7.554b
Gnosis$2.988b
Base$2.363b
Plasma$924.69m
Avalanche$647.29m
Monad$524.47m
Hyperliquid L1$35.48m
OP Mainnet$31.82m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.61m
$BAL Price$0.11
$7.89m
$7.89m
$BAL Volume 24h$166,415
CEX Volume$141,579.05
DEX Volume$27,074.86(16.27% 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 V2Dexs
- Balancer V3Dexs
- Balancer V1Dexs
- Balancer CoW AMMDexs
Yields
Pools Tracked233
Average Supply APY7.01%
User Activity
Active Addresses (24h)20
New Addresses (24h)2
Transactions (24h)241
Gas Used (24h)19 ETH
Gas Cost (24h)$2.6
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 $59m in total value locked. TVL has increased 0.5% 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 69.5%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $215,927 in fees. Of that, $60,603 was protocol revenue. Based on the trailing year, the annualized rate is $9.7m in fees and $3.32m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.11. Its circulating market capitalization is $7.61m, ranking it #1,655. Its fully diluted valuation is $7.89m. Supply currently stands at 69.79m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is down 2.5% over the past 7 days and up 3.5% over the past 30 days. Its all-time high is $74.45, reached on May 4, 2021. The token is currently 99.9% 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 $13.19b across 1,930 protocols, and Balancer accounts for 0.4% 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 $266.2m 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.