Ask about BalancerTotal Value Locked$62.59m
TVL by Chain
Ethereum$40.29m
Monad$11.73m
Polygon$3.85m
Arbitrum$2.12m
Base$1.33m
Hyperliquid L1$1.18m
Avalanche$829,263
Plasma$567,372
Gnosis$353,558
OP Mainnet$302,989
Mode$14,324
Fraxtal$11,776
Polygon zkEVM$0
Key Metrics
Fees (Annualized)$11.22m
Fees 30d$253,208
Ethereum$115,467
Polygon$74,321
Base$24,644
Monad$18,742
Arbitrum$10,360
Hyperliquid L1$4,770.79
Avalanche$2,197.82
Plasma$1,266
Gnosis$876.07
OP Mainnet$558.48
Mode$0.44
Fraxtal$0.41
Fees 7d$61,608
Ethereum$27,718
Polygon$16,225
Base$5,953
Hyperliquid L1$4,688.79
Monad$3,557
Arbitrum$2,530
Avalanche$403.82
Plasma$329
OP Mainnet$122.48
Gnosis$81.07
Mode$0.44
Fraxtal$0.41
Fees 24h$11,572
Hyperliquid L1$4,670
Polygon$2,365
Ethereum$2,353
Base$869
Arbitrum$675
Monad$523
Avalanche$44.64
Plasma$39
OP Mainnet$17.56
Gnosis$15.54
Fraxtal$0.07
Mode$0.04
Cumulative Fees$298.32m
Ethereum$278.21m
Polygon$6.99m
Arbitrum$4.47m
Base$3.24m
Gnosis$2.66m
Plasma$1.16m
OP Mainnet$784,357.48
Avalanche$590,293.82
Monad$151,322
Hyperliquid L1$40,265.79
Mode$23,900.44
Fraxtal$5,659.41
Polygon zkEVM$11
Revenue (Annualized)$4.26m
Revenue 30d$102,555
Ethereum$46,815
Polygon$37,158
Base$10,681.98
Arbitrum$3,230
Monad$2,431
Hyperliquid L1$1,193.45
Gnosis$410.22
Avalanche$389.99
Plasma$154.73
OP Mainnet$89.16
Mode$0.23
Fraxtal$0.21
Revenue 7d$23,890
Ethereum$10,782
Polygon$8,113
Base$2,472.98
Hyperliquid L1$1,172.45
Arbitrum$759
Monad$425
Avalanche$62.99
Plasma$44.73
Gnosis$35.22
OP Mainnet$19.16
Mode$0.23
Fraxtal$0.21
Revenue 24h$3,944
Polygon$1,182
Hyperliquid L1$1,168
Ethereum$905
Base$397
Arbitrum$208
Monad$65
Gnosis$7.14
Avalanche$5.13
Plasma$4.13
OP Mainnet$2.51
Fraxtal$0.03
Mode$0.02
Cumulative Revenue$63.8m
Ethereum$54.34m
Polygon$3.49m
Arbitrum$2.13m
Base$1.47m
Gnosis$1.26m
Plasma$450,877.73
OP Mainnet$380,439.16
Avalanche$240,025.99
Monad$17,826
Hyperliquid L1$14,831.45
Mode$11,950.23
Fraxtal$2,835.21
Polygon zkEVM$279
Holders Revenue (Annualized)$1.65m
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$2.16m
$174.94
$147.36
$7.16
$416.5m
Earnings (Annualized)$2.1m
$102,380.06
$23,742.64
$3,936.84
-$352.71m
DEX Volume 30d$333.8m
DEX Volume 30d by chain
Polygon$121.45m
Monad$92.77m
Ethereum$82.62m
Base$25.6m
Arbitrum$7.76m
Plasma$1.18m
Gnosis$783,432
Avalanche$685,512.4
Hyperliquid L1$634,956
OP Mainnet$319,365
Fraxtal$4,433
Mode$360
DEX Volume 7d$76.44m
Polygon$31.24m
Ethereum$19.35m
Monad$17.3m
Base$5.83m
Arbitrum$1.65m
Plasma$583,758
Hyperliquid L1$205,001
Gnosis$147,443
Avalanche$104,848.4
OP Mainnet$43,572
Fraxtal$942
Mode$187
DEX Volume 24h$11.58m
Polygon$5.49m
Monad$2.87m
Ethereum$1.69m
Base$1.04m
Arbitrum$402,457
Hyperliquid L1$53,539
Gnosis$17,616
OP Mainnet$8,826
Avalanche$5,133.4
Plasma$285
Fraxtal$119
Mode$16
Cumulative DEX Volume$132.961b
Ethereum$109.807b
Polygon$8.224b
Arbitrum$7.543b
Gnosis$2.987b
Base$2.352b
Plasma$924.6m
Avalanche$644.86m
Monad$346.15m
Hyperliquid L1$34.45m
OP Mainnet$31m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$6.93m
$BAL Price$0.11
$7.77m
$7.77m
$BAL Volume 24h$411,126
CEX Volume$308,152.67
DEX Volume$98,835.9(24.04% 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 Tracked243
Average Supply APY24.18%
User Activity
Active Addresses (24h)28
New Addresses (24h)3
Transactions (24h)119
Gas Used (24h)$3.74
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 $62.59m in total value locked. TVL has increased 1% 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 64.4%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $253,208 in fees. Of that, $102,555 was protocol revenue. Based on the trailing year, the annualized rate is $11.22m in fees and $4.26m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.11. Its circulating market capitalization is $6.93m, ranking it #1,668. Its fully diluted valuation is $7.77m. Supply currently stands at 64.58m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is down 9.1% over the past 7 days and up 22.1% 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 #17 by TVL. The category holds $11.3b across 1,576 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 $333.8m 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.
