Ask about BalancerTotal Value Locked$61.03m
TVL by Chain
Ethereum$38.85m
Monad$11.74m
Polygon$3.81m
Arbitrum$2.09m
Base$1.32m
Hyperliquid L1$1.18m
Avalanche$828,122
Plasma$561,065
Gnosis$343,567
OP Mainnet$292,003
Mode$14,159
Fraxtal$11,654
Polygon zkEVM$0
Key Metrics
Fees (Annualized)$11.22m
Fees 30d$252,895
Ethereum$115,331
Polygon$74,244
Base$24,544
Monad$18,742
Arbitrum$10,361
Hyperliquid L1$4,770.79
Avalanche$2,198.39
Plasma$1,266
Gnosis$874.07
OP Mainnet$558.39
Mode$0.44
Fraxtal$0.4
Fees 7d$61,295
Ethereum$27,582
Polygon$16,148
Base$5,853
Hyperliquid L1$4,688.79
Monad$3,557
Arbitrum$2,531
Avalanche$404.39
Plasma$329
OP Mainnet$122.39
Gnosis$79.07
Mode$0.44
Fraxtal$0.4
Fees 24h$11,259
Hyperliquid L1$4,670
Polygon$2,288
Ethereum$2,217
Base$769
Arbitrum$676
Monad$523
Avalanche$45.21
Plasma$39
OP Mainnet$17.47
Gnosis$13.54
Fraxtal$0.06
Mode$0.04
Cumulative Fees$298.34m
Ethereum$278.21m
Polygon$6.99m
Arbitrum$4.47m
Base$3.24m
Gnosis$2.66m
Plasma$1.16m
OP Mainnet$784,380.03
Avalanche$590,345.13
Monad$151,842
Hyperliquid L1$45,629.79
Mode$23,900.49
Fraxtal$5,659.46
Polygon zkEVM$11
Revenue (Annualized)$4.26m
Revenue 30d$102,402
Ethereum$46,751
Polygon$37,120
Base$10,631.98
Arbitrum$3,230
Monad$2,431
Hyperliquid L1$1,193.45
Gnosis$408.96
Avalanche$390.28
Plasma$154.73
OP Mainnet$89.12
Mode$0.23
Fraxtal$0.21
Revenue 7d$23,737
Ethereum$10,718
Polygon$8,075
Base$2,422.98
Hyperliquid L1$1,172.45
Arbitrum$759
Monad$425
Avalanche$63.28
Plasma$44.73
Gnosis$33.96
OP Mainnet$19.12
Mode$0.23
Fraxtal$0.21
Revenue 24h$3,791
Hyperliquid L1$1,168
Polygon$1,144
Ethereum$841
Base$347
Arbitrum$208
Monad$65
Gnosis$5.88
Avalanche$5.42
Plasma$4.13
OP Mainnet$2.47
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$450,882.8
OP Mainnet$380,443.67
Avalanche$240,034.44
Monad$17,892
Hyperliquid L1$16,172.45
Mode$11,950.25
Fraxtal$2,835.24
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
$0
$416.5m
Earnings (Annualized)$2.1m
$102,227.06
$23,589.64
$3,791
-$352.7m
DEX Volume 30d$332.76m
DEX Volume 30d by chain
Polygon$120.34m
Monad$92.77m
Ethereum$82.81m
Base$25.48m
Arbitrum$7.76m
Plasma$1.18m
Gnosis$783,585
Avalanche$685,147.4
Hyperliquid L1$634,956
OP Mainnet$319,198
Fraxtal$4,435
Mode$360
DEX Volume 7d$75.4m
Polygon$30.13m
Ethereum$19.53m
Monad$17.3m
Base$5.71m
Arbitrum$1.65m
Plasma$583,758
Hyperliquid L1$205,001
Gnosis$147,596
Avalanche$104,483.4
OP Mainnet$43,405
Fraxtal$944
Mode$187
DEX Volume 24h$10.54m
Polygon$4.38m
Monad$2.87m
Ethereum$1.87m
Base$928,308
Arbitrum$402,327
Hyperliquid L1$53,539
Gnosis$17,769
OP Mainnet$8,659
Avalanche$4,768.4
Plasma$285
Fraxtal$121
Mode$16
Cumulative DEX Volume$132.975b
Ethereum$109.809b
Polygon$8.228b
Arbitrum$7.544b
Gnosis$2.987b
Base$2.353b
Plasma$924.6m
Avalanche$644.86m
Monad$352.87m
Hyperliquid L1$34.52m
OP Mainnet$31.08m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$6.67m
$BAL Price$0.1
$7.47m
$7.47m
$BAL Volume 24h$388,640
CEX Volume$321,683.94
DEX Volume$74,022.5(19.05% 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 Tracked236
Average Supply APY24.93%
User Activity
Active Addresses (24h)29
New Addresses (24h)4
Transactions (24h)73
Gas Used (24h)$3.72
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 $61.03m in total value locked. TVL has increased 3.3% 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 63.6%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $252,895 in fees. Of that, $102,402 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 $0.1. Its circulating market capitalization is $6.67m, ranking it #1,689. Its fully diluted valuation is $7.47m. Supply currently stands at 64.58m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is down 11.3% over the past 7 days and up 17.8% 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 $11.1b across 1,577 protocols, and Balancer accounts for 0.5% of that total. Other leading protocols include Uniswap, PancakeSwap, and Curve Finance.
How much trading volume does Balancer process?
Balancer processed $332.76m 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.
