Ask about BalancerTotal Value Locked$62.75m
TVL by Chain
Ethereum$41.84m
Monad$10.22m
Polygon$3.87m
Arbitrum$2.17m
Base$1.39m
Hyperliquid L1$1.18m
Avalanche$833,150
Plasma$562,018
Gnosis$362,052
OP Mainnet$304,741
Mode$14,432
Fraxtal$11,811
Polygon zkEVM$0
Key Metrics
Fees (Annualized)$11.38m
Fees 30d$233,464
Ethereum$110,173
Polygon$65,055
Monad$21,775
Base$21,407
Arbitrum$9,752
Avalanche$2,375.68
Plasma$1,220
Gnosis$890.79
OP Mainnet$592.73
Hyperliquid L1$220.83
Mode$0.25
Fraxtal$0.04
Fees 7d$71,029
Ethereum$42,545
Polygon$15,985
Base$5,124
Monad$4,113
Arbitrum$2,392
Avalanche$373.68
Plasma$262
OP Mainnet$116.73
Gnosis$89.79
Hyperliquid L1$25.83
Mode$0.25
Fraxtal$0.04
Fees 24h$8,970
Ethereum$5,988
Polygon$1,715
Monad$515
Base$499
Arbitrum$139
Avalanche$46.3
Plasma$36
OP Mainnet$15.53
Gnosis$13.34
Hyperliquid L1$2.93
Mode$0.17
Fraxtal$0.03
Cumulative Fees$298.28m
Ethereum$278.19m
Polygon$6.98m
Arbitrum$4.47m
Base$3.24m
Gnosis$2.66m
Plasma$1.16m
OP Mainnet$784,294.73
Avalanche$590,084.68
Monad$149,754
Hyperliquid L1$35,588.85
Mode$23,900.25
Fraxtal$5,659.04
Polygon zkEVM$11
Revenue (Annualized)$4.33m
Revenue 30d$93,499
Ethereum$44,667
Polygon$32,525
Base$9,127.98
Arbitrum$3,052
Monad$2,985
Avalanche$437.46
Gnosis$417.08
Plasma$143.85
OP Mainnet$90.77
Hyperliquid L1$54.96
Mode$0.12
Fraxtal$0.03
Revenue 7d$29,873
Ethereum$18,346
Polygon$7,993
Base$2,176.98
Arbitrum$704
Monad$494
Avalanche$63.46
Gnosis$38.08
Plasma$30.85
OP Mainnet$16.77
Hyperliquid L1$5.96
Mode$0.12
Fraxtal$0.03
Revenue 24h$3,659
Ethereum$2,471
Polygon$858
Base$217
Monad$60
Arbitrum$34
Gnosis$6.12
Avalanche$5.68
Plasma$3.78
OP Mainnet$2.23
Hyperliquid L1$0.73
Mode$0.08
Fraxtal$0.02
Cumulative Revenue$63.78m
Ethereum$54.33m
Polygon$3.48m
Arbitrum$2.13m
Base$1.46m
Gnosis$1.26m
Plasma$450,849.63
OP Mainnet$380,426.23
Avalanche$239,990.98
Monad$17,632
Hyperliquid L1$13,661.72
Mode$11,950.12
Fraxtal$2,835.03
Polygon zkEVM$279
Holders Revenue (Annualized)$1.7m
Holders Revenue 30d$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 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$38.18m
Ethereum$33.14m
Polygon$2.1m
Arbitrum$1.23m
Gnosis$751,276
Base$571,393
OP Mainnet$230,515
Avalanche$111,776
Plasma$29,821
Mode$7,343
Monad$3,496
Hyperliquid L1$2,765
Fraxtal$1,671
Polygon zkEVM$0
Incentives 1y$2.24m
$45.46
$0.45
$0
$416.5m
Earnings (Annualized)$2.1m
$93,453.54
$29,872.55
$3,659
-$352.72m
DEX Volume 30d$308.84m
DEX Volume 30d by chain
Polygon$102.24m
Monad$88.55m
Ethereum$85.86m
Base$21.86m
Arbitrum$7.14m
Gnosis$766,584
Plasma$758,146
Avalanche$744,256
Hyperliquid L1$608,002
OP Mainnet$314,961
Fraxtal$4,233
Mode$329
DEX Volume 7d$73.69m
Polygon$30.25m
Ethereum$18.52m
Monad$17.31m
Base$5.18m
Arbitrum$1.66m
Hyperliquid L1$286,755
Gnosis$160,764
Avalanche$155,409
Plasma$104,159
OP Mainnet$66,058
Fraxtal$859
Mode$177
DEX Volume 24h$7.41m
Polygon$3.31m
Ethereum$2.68m
Monad$708,352
Base$512,075
Arbitrum$118,494
Hyperliquid L1$47,157
Avalanche$23,521
Gnosis$13,028
OP Mainnet$3,145
Plasma$140
Mode$70
Fraxtal$63
Cumulative DEX Volume$132.913b
Ethereum$109.797b
Polygon$8.204b
Arbitrum$7.542b
Gnosis$2.987b
Base$2.348b
Plasma$924.08m
Avalanche$644.84m
Monad$335.05m
Hyperliquid L1$34.42m
OP Mainnet$30.97m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.63m
$BAL Price$0.12
$8.55m
$8.55m
$BAL Volume 24h$1.78m
CEX Volume$1.43m
DEX Volume$378,840.23(21.22% of total)
$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
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.
Category:Dexs
Yields
Pools Tracked230
Average Supply APY6.07%
User Activity
Active Addresses (24h)19
New Addresses (24h)1
Transactions (24h)42
Gas Used (24h)$1.86
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: Protocol Logic
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Sep 19, 2023
Protocol: Balancer V2
Amount: $238,000
Classification: Protocol Logic
Technique: Frontend Attack
Chains: Ethereum
Target Type: DeFi Protocol
Date: Nov 3, 2025
Protocol: Balancer V2
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?
Balancer is a decentralized automated market maker (AMM) protocol built on Ethereum that represents a flexible building block for programmable liquidity.
What is Balancer's TVL?
Balancer currently has $62.75m in total value locked. TVL has decreased 4.8% 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 66.7%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $233,464 in fees. Of that, $93,499 was protocol revenue. Based on the trailing year, the annualized rate is $11.38m in fees and $4.33m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.12. Its circulating market capitalization is $7.65m, ranking it #1,612. Its fully diluted valuation is $8.57m. Supply currently stands at 64.58m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is up 13.5% over the past 7 days and up 30.2% 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 #17 by TVL. The category holds $11.35b across 1,575 protocols, and Balancer accounts for 0.6% of that total. Other leading protocols include Uniswap, PancakeSwap, and Curve Finance.
How much trading volume does Balancer process?
Balancer processed $308.84m 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 3 recorded security incidents. The most recent incident occurred on Nov 3, 2025 and involved $128m. It was classified as Protocol Logic.
