Ask about BalancerTotal Value Locked$61.7m
TVL by Chain
Ethereum$40.11m
Monad$11.02m
Polygon$3.82m
Arbitrum$2.15m
Base$1.36m
Hyperliquid L1$1.18m
Avalanche$833,942
Plasma$561,208
Gnosis$351,881
OP Mainnet$295,485
Mode$14,283
Fraxtal$11,687
Polygon zkEVM$0
Key Metrics
Fees (Annualized)$11.41m
Fees 30d$231,661
Ethereum$108,326
Polygon$64,215
Monad$22,437
Base$21,086
Arbitrum$10,082
Avalanche$2,378.38
Plasma$1,227
Gnosis$909.45
OP Mainnet$615.2
Hyperliquid L1$382.9
Mode$0.08
Fraxtal$0.01
Fees 7d$66,471
Ethereum$38,174
Polygon$15,923
Base$5,062
Monad$4,017
Arbitrum$2,403
Avalanche$396.38
Plasma$271
OP Mainnet$117.2
Gnosis$79.45
Hyperliquid L1$25.9
Mode$0.08
Fraxtal$0.01
Fees 24h$5,678
Ethereum$2,588
Polygon$1,769
Base$508
Monad$459
Arbitrum$250
Avalanche$46.38
Plasma$37
OP Mainnet$14.2
Gnosis$5.45
Hyperliquid L1$0.9
Mode$0.08
Fraxtal$0.01
Cumulative Fees$298.28m
Ethereum$278.19m
Polygon$6.98m
Arbitrum$4.47m
Base$3.24m
Gnosis$2.66m
Plasma$1.16m
OP Mainnet$784,278.41
Avalanche$590,040.89
Monad$149,156
Hyperliquid L1$35,585.55
Mode$23,900.16
Fraxtal$5,659.02
Polygon zkEVM$11
Revenue (Annualized)$4.34m
Revenue 30d$92,354
Ethereum$43,843
Polygon$32,104
Base$8,945.98
Arbitrum$3,182
Monad$3,079
Avalanche$438.78
Gnosis$425.96
Plasma$145.07
OP Mainnet$97.54
Hyperliquid L1$95.23
Mode$0.04
Fraxtal$0.01
Revenue 7d$27,800
Ethereum$16,350
Polygon$7,962
Base$2,142.98
Arbitrum$703
Monad$480
Avalanche$71.78
Gnosis$32.96
Plasma$32.07
OP Mainnet$15.54
Hyperliquid L1$6.23
Mode$0.04
Fraxtal$0.01
Revenue 24h$2,062
Polygon$884
Ethereum$795
Base$226.98
Arbitrum$90
Monad$52
Avalanche$5.78
Plasma$4.07
Gnosis$1.96
OP Mainnet$1.54
Hyperliquid L1$0.23
Mode$0.04
Fraxtal$0.01
Cumulative Revenue$63.78m
Ethereum$54.33m
Polygon$3.48m
Arbitrum$2.13m
Base$1.46m
Gnosis$1.26m
Plasma$450,846.11
OP Mainnet$380,424.07
Avalanche$239,986.7
Monad$17,561
Hyperliquid L1$13,660.89
Mode$11,950.08
Fraxtal$2,835.02
Polygon zkEVM$279
Holders Revenue (Annualized)$1.71m
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$2.25m
$45.46
$7.33
$0
$416.5m
Earnings (Annualized)$2.1m
$92,308.54
$27,792.67
$2,062
-$352.72m
DEX Volume 30d$307.17m
DEX Volume 30d by chain
Polygon$99.27m
Monad$89.56m
Ethereum$86.39m
Base$21.4m
Arbitrum$7.31m
Plasma$793,706
Gnosis$789,738
Avalanche$729,884
Hyperliquid L1$600,597
OP Mainnet$321,307
Fraxtal$4,422
Mode$268
DEX Volume 7d$71.95m
Polygon$29.66m
Monad$17.94m
Ethereum$16.83m
Base$5.19m
Arbitrum$1.61m
Hyperliquid L1$253,546
Gnosis$154,675
Avalanche$141,254
Plasma$104,116
OP Mainnet$72,029
Fraxtal$935
Mode$107
DEX Volume 24h$8.06m
Polygon$3.56m
Ethereum$2.84m
Monad$1.03m
Base$498,177
Arbitrum$86,480
Gnosis$27,642
Avalanche$18,389
Hyperliquid L1$4,750
OP Mainnet$1,975
Plasma$1,037
Mode$32
Fraxtal$23
Cumulative DEX Volume$132.911b
Ethereum$109.796b
Polygon$8.203b
Arbitrum$7.542b
Gnosis$2.987b
Base$2.348b
Plasma$924.08m
Avalanche$644.82m
Monad$334.47m
Hyperliquid L1$34.36m
OP Mainnet$30.97m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.11m
$BAL Price$0.11
$7.96m
$7.96m
$BAL Volume 24h$663,187
CEX Volume$525,690.65
DEX Volume$153,978.6(23.22% 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 Tracked232
Average Supply APY5.87%
User Activity
Active Addresses (24h)20
New Addresses (24h)1
Transactions (24h)126
Gas Used (24h)$9.74
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 $61.7m in total value locked. TVL has decreased 4.3% 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 65%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $231,661 in fees. Of that, $92,354 was protocol revenue. Based on the trailing year, the annualized rate is $11.41m in fees and $4.34m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.11. Its circulating market capitalization is $7.11m, ranking it #1,662. Its fully diluted valuation is $7.96m. Supply currently stands at 64.58m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is up 2.8% over the past 7 days and up 25.7% 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 $11.359b across 1,575 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 $307.17m 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.
