Total Value Locked$60.9m
TVL by Chain
Ethereum$40.48m
Monad$10.44m
Polygon$4.1m
Arbitrum$2.13m
Base$1.43m
Hyperliquid L1$1.07m
Avalanche$444,005
OP Mainnet$375,484
Gnosis$360,218
Plasma$34,728
Mode$17,179
Fraxtal$10,273
Polygon zkEVM$0
Key Metrics
Fees 30d$209,243
Fees 30d by chain
Ethereum$133,758
Monad$28,904
Polygon$27,891
Arbitrum$8,742.98
Base$6,590.15
Gnosis$1,271.82
Avalanche$1,194.4
OP Mainnet$687.17
Hyperliquid L1$172.76
Plasma$24.81
Mode$2.24
Fraxtal$1.62
Fees 7d$40,007
Ethereum$15,685
Polygon$10,338
Monad$7,131
Base$3,222
Arbitrum$2,698
Gnosis$385.65
Avalanche$357.47
OP Mainnet$162.16
Hyperliquid L1$18.44
Plasma$5.5
Fraxtal$0.38
Mode$0.27
Fees 24h$5,237
Polygon$1,431
Ethereum$1,330
Monad$878
Base$822
Arbitrum$539
Avalanche$141.99
Gnosis$67.94
OP Mainnet$24.61
Hyperliquid L1$1.1
Plasma$0.79
Mode$0.09
Fraxtal$0.05
Cumulative Fees$301.51m
Ethereum$279m
Polygon$7.04m
Arbitrum$5m
Base$4.32m
Gnosis$2.75m
Plasma$1.36m
Avalanche$923,923.85
OP Mainnet$858,235.61
Monad$180,962.74
Hyperliquid L1$60,720.7
Mode$22,673.21
Fraxtal$5,207.25
Polygon zkEVM$7
Revenue 30d$57,577
Revenue 30d by chain
Ethereum$33,182
Polygon$13,947
Monad$4,086
Arbitrum$3,003.87
Base$2,300.92
Gnosis$606.96
Avalanche$300.84
OP Mainnet$121.26
Hyperliquid L1$23.79
Plasma$4.04
Mode$1.12
Fraxtal$0.83
Revenue 7d$14,350
Ethereum$5,451
Polygon$5,169
Base$1,363
Arbitrum$1,085
Monad$977
Gnosis$187.35
Avalanche$87.3
OP Mainnet$27.71
Hyperliquid L1$3.14
Plasma$0.87
Fraxtal$0.21
Mode$0.13
Revenue 24h$1,880
Polygon$715
Base$378
Ethereum$368
Arbitrum$229
Monad$117
Avalanche$35
Gnosis$33.33
OP Mainnet$4.33
Hyperliquid L1$0.27
Plasma$0.1
Mode$0.04
Fraxtal$0.03
Cumulative Revenue$64.5m
Ethereum$54.57m
Polygon$3.51m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,749.66
OP Mainnet$390,521.18
Avalanche$289,231.75
Monad$22,334.49
Hyperliquid L1$16,699.29
Mode$11,339.8
Fraxtal$2,604.2
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$1.54m
$44.45
$0.1
$0.093
$416.5m
Earnings (Annualized)$1.83m
$57,532.55
$14,349.9
$1,879.91
-$352m
DEX Volume 30d$253.74m
DEX Volume 30d by chain
Monad$126.99m
Ethereum$66.24m
Polygon$43.41m
Arbitrum$7.69m
Base$4.85m
Avalanche$2.14m
Gnosis$1.29m
OP Mainnet$551,389
Hyperliquid L1$524,334
Plasma$45,259
Fraxtal$3,138.19
Mode$909.97
DEX Volume 7d$70.2m
Monad$31.51m
Polygon$22.55m
Ethereum$10.39m
Base$2.59m
Arbitrum$2.47m
Avalanche$367,720
OP Mainnet$106,382
Gnosis$103,441
Hyperliquid L1$93,402
Plasma$6,868
Fraxtal$778
Mode$113.7
DEX Volume 24h$10.22m
Monad$5.09m
Polygon$3.01m
Base$847,059
Ethereum$749,140
Arbitrum$422,617
Avalanche$50,469
Gnosis$20,407
OP Mainnet$17,456
Hyperliquid L1$14,676
Plasma$780
Fraxtal$107
Mode$35
Cumulative DEX Volume$133.307b
Ethereum$109.893b
Polygon$8.295b
Arbitrum$7.554b
Gnosis$2.988b
Base$2.361b
Plasma$924.69m
Avalanche$647.18m
Monad$509.43m
Hyperliquid L1$35.45m
OP Mainnet$31.78m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.53m
$BAL Price$0.11
$7.8m
$7.8m
$BAL Volume 24h$279,829
CEX Volume$236,120.66
DEX Volume$50,602.57(18.08% 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 Tracked240
Average Supply APY7.77%
User Activity
Active Addresses (24h)25
New Addresses (24h)4
Transactions (24h)264
Gas Used (24h)17 ETH
Gas Cost (24h)$3.86
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: 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 $60.9m 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 66.5%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $209,243 in fees. Of that, $57,577 was protocol revenue. Based on the trailing year, the annualized rate is $9.85m in fees and $3.37m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.11. Its circulating market capitalization is $7.56m, ranking it #1,689. Its fully diluted valuation is $7.84m. Supply currently stands at 69.79m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is down 6.8% over the past 7 days and up 4.3% 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 $13.143b across 1,928 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 $253.74m 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.