Total Value Locked$62.35m
TVL by Chain
Ethereum$41.77m
Monad$10.51m
Polygon$4.12m
Arbitrum$2.14m
Base$1.47m
Hyperliquid L1$1.07m
Avalanche$441,349
OP Mainnet$387,997
Gnosis$366,531
Plasma$34,643
Mode$17,149
Fraxtal$10,424
Polygon zkEVM$0
Key Metrics
Fees 30d$212,384
Fees 30d by chain
Ethereum$134,749
Monad$29,061
Polygon$28,245
Arbitrum$8,935.98
Base$8,018.15
Gnosis$1,280.38
Avalanche$1,196.31
OP Mainnet$693.17
Hyperliquid L1$173.59
Plasma$25.02
Mode$2.24
Fraxtal$1.63
Fees 7d$39,535
Ethereum$14,461
Polygon$9,919
Monad$6,892
Base$4,615
Arbitrum$2,745
Gnosis$383.66
Avalanche$337.51
OP Mainnet$156.13
Hyperliquid L1$16.71
Plasma$4.89
Fraxtal$0.35
Mode$0.19
Fees 24h$6,680
Ethereum$2,604
Base$1,529
Polygon$1,207
Monad$947
Arbitrum$340
OP Mainnet$20.73
Gnosis$19.98
Avalanche$8.94
Hyperliquid L1$2.15
Plasma$0.44
Fraxtal$0.04
Mode$0.02
Cumulative Fees$301.51m
Ethereum$279m
Polygon$7.04m
Arbitrum$5m
Base$4.32m
Gnosis$2.75m
Plasma$1.36m
Avalanche$923,934.57
OP Mainnet$858,256.18
Monad$181,800.74
Hyperliquid L1$60,721.97
Mode$22,673.13
Fraxtal$5,207.35
Polygon zkEVM$7
Revenue 30d$58,931
Revenue 30d by chain
Ethereum$33,521
Polygon$14,124
Monad$4,124
Arbitrum$3,086.87
Base$3,010.98
Gnosis$611.03
Avalanche$301.35
OP Mainnet$122.73
Hyperliquid L1$24.01
Plasma$4.1
Mode$1.12
Fraxtal$0.84
Revenue 7d$14,330
Polygon$4,959
Ethereum$4,954
Base$2,059
Arbitrum$1,106
Monad$950
Gnosis$186.61
Avalanche$85.26
OP Mainnet$26.58
Hyperliquid L1$2.99
Plasma$0.77
Fraxtal$0.19
Mode$0.09
Revenue 24h$2,431
Ethereum$834
Base$729
Polygon$603
Monad$129
Arbitrum$120
Gnosis$9.16
OP Mainnet$3.28
Avalanche$2.31
Hyperliquid L1$0.53
Plasma$0.08
Fraxtal$0.02
Mode$0.01
Cumulative Revenue$64.51m
Ethereum$54.57m
Polygon$3.51m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,749.7
OP Mainnet$390,524.45
Avalanche$289,235.05
Monad$22,454.49
Hyperliquid L1$16,699.6
Mode$11,339.76
Fraxtal$2,604.25
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$1.49m
$44.45
$0.1
$0
$416.5m
Earnings (Annualized)$1.87m
$58,886.55
$14,329.9
$2,431
-$352m
DEX Volume 30d$261.15m
DEX Volume 30d by chain
Monad$128.94m
Ethereum$68.18m
Polygon$45.4m
Arbitrum$7.86m
Base$6.16m
Avalanche$2.18m
Gnosis$1.29m
OP Mainnet$561,817
Hyperliquid L1$533,691
Plasma$45,895
Fraxtal$3,158.19
Mode$909.87
DEX Volume 7d$65.9m
Monad$28.34m
Polygon$21.65m
Ethereum$8.87m
Base$3.86m
Arbitrum$2.51m
Avalanche$356,037
Gnosis$102,180
OP Mainnet$100,853
Hyperliquid L1$84,666
Plasma$6,597
Fraxtal$698
Mode$82.51
DEX Volume 24h$11.34m
Monad$4.53m
Ethereum$2.69m
Polygon$2.42m
Base$1.34m
Arbitrum$252,537
Avalanche$53,416
Hyperliquid L1$20,002
Gnosis$15,237
OP Mainnet$14,221
Plasma$693
Fraxtal$73
Mode$9.81
Cumulative DEX Volume$133.317b
Ethereum$109.894b
Polygon$8.298b
Arbitrum$7.554b
Gnosis$2.988b
Base$2.362b
Plasma$924.69m
Avalanche$647.24m
Monad$515.05m
Hyperliquid L1$35.45m
OP Mainnet$31.81m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.72m
$BAL Price$0.11
$8.01m
$8.01m
$BAL Volume 24h$300,765
CEX Volume$257,180.38
DEX Volume$46,122.65(15.34% 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 Tracked243
Average Supply APY7.71%
User Activity
Active Addresses (24h)23
New Addresses (24h)4
Transactions (24h)203
Gas Used (24h)14 ETH
Gas Cost (24h)$2.85
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 $62.35m in total value locked. TVL has increased 6.4% 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 $212,384 in fees. Of that, $58,931 was protocol revenue. Based on the trailing year, the annualized rate is $9.81m in fees and $3.35m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.11. Its circulating market capitalization is $7.7m, ranking it #1,673. Its fully diluted valuation is $7.98m. Supply currently stands at 69.79m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is up 0.7% over the past 7 days and up 4% 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 $13.288b across 1,930 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 $261.15m 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.