Ask about Balancer
Balancer(BAL)
Total Value Locked$56.58m
TVL by Chain
Ethereum$42.92m
Polygon$4.19m
Monad$4.04m
Arbitrum$2.16m
Base$1.35m
Hyperliquid L1$600,630
Avalanche$453,882
OP Mainnet$422,113
Gnosis$377,812
Plasma$35,699
Mode$19,804
Fraxtal$10,593
Polygon zkEVM$0
Key Metrics
Fees 30d$234,889.68
Fees 30d by chain
Ethereum$132,995.68
Polygon$46,821
Monad$27,990
Base$15,620.04
Arbitrum$8,773
Gnosis$945.43
Avalanche$783.93
OP Mainnet$757.4
Hyperliquid L1$174.22
Plasma$21.97
Mode$1.84
Fraxtal$1.71
Fees 7d$53,410
Polygon$20,882
Ethereum$19,590
Base$6,325
Monad$4,087
Arbitrum$1,896
Gnosis$217.14
OP Mainnet$205.55
Avalanche$191.33
Hyperliquid L1$11.64
Plasma$2.17
Fraxtal$0.45
Mode$0.17
Fees 24h$5,290
Ethereum$2,243
Polygon$1,428
Base$834
Monad$450
Arbitrum$199
Avalanche$82
Gnosis$25.68
OP Mainnet$23.7
Hyperliquid L1$3.64
Plasma$0.48
Fraxtal$0.05
Mode$0
Cumulative Fees$301.59m
Ethereum$279.03m
Polygon$7.06m
Arbitrum$5m
Base$4.33m
Gnosis$2.75m
Plasma$1.36m
Avalanche$924,224.48
OP Mainnet$858,542.84
Monad$187,968.74
Hyperliquid L1$60,744.23
Mode$22,674.63
Fraxtal$5,207.95
Polygon zkEVM$7
Revenue 30d$70,710
Revenue 30d by chain
Ethereum$32,437
Polygon$23,412
Base$6,802.36
Monad$3,962
Arbitrum$3,246
Gnosis$449.71
Avalanche$224.97
OP Mainnet$146.31
Hyperliquid L1$24.32
Plasma$3.65
Mode$0.92
Fraxtal$0.87
Revenue 7d$22,221
Polygon$10,441
Ethereum$7,307
Base$2,919
Arbitrum$728
Monad$595
Gnosis$104.32
Avalanche$74.45
OP Mainnet$50
Hyperliquid L1$2.87
Plasma$0.3
Fraxtal$0.22
Mode$0.09
Revenue 24h$2,118
Ethereum$817
Polygon$714
Base$387
Arbitrum$77
Monad$68
Avalanche$38.11
Gnosis$12.28
OP Mainnet$4.5
Hyperliquid L1$0.9
Plasma$0.06
Fraxtal$0.03
Mode$0
Cumulative Revenue$64.54m
Ethereum$54.58m
Polygon$3.53m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,750.27
OP Mainnet$390,587.07
Avalanche$289,351.79
Monad$23,331.49
Hyperliquid L1$16,705.1
Mode$11,340.52
Fraxtal$2,604.54
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$1.35m
$45.39
$9.01
$0
$416.5m
Earnings (Annualized)$1.84m
$70,664.61
$22,211.99
$2,118
-$351.97m
DEX Volume 30d$298.75m
DEX Volume 30d by chain
Monad$125.59m
Polygon$85.95m
Ethereum$61.99m
Base$13.35m
Arbitrum$8.35m
Avalanche$1.71m
Gnosis$654,835
OP Mainnet$583,228
Hyperliquid L1$527,883
Plasma$40,237
Fraxtal$3,288
Mode$719.75
DEX Volume 7d$72.14m
Polygon$38.03m
Monad$15.71m
Ethereum$9.03m
Base$6.49m
Arbitrum$2.21m
Avalanche$259,468
OP Mainnet$158,039
Hyperliquid L1$145,481
Gnosis$102,351
Fraxtal$852
Plasma$728
Mode$64.58
DEX Volume 24h$5.74m
Polygon$2.47m
Ethereum$1.26m
Monad$922,666
Base$762,235
Arbitrum$199,127
Hyperliquid L1$52,451
Avalanche$52,414
Gnosis$10,741
OP Mainnet$8,618
Fraxtal$100
Plasma$42
Mode$0.17
Cumulative DEX Volume$133.413b
Ethereum$109.907b
Polygon$8.343b
Arbitrum$7.557b
Gnosis$2.988b
Base$2.371b
Plasma$924.69m
Avalanche$647.61m
Monad$540.2m
Hyperliquid L1$35.62m
OP Mainnet$32m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$8.45m
$BAL Price$0.12
$8.75m
$8.74m
$BAL Volume 24h$479,840
CEX Volume$443,973.11
DEX Volume$55,011.42(11.46% 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 V2Dexs
- Balancer V3Dexs
- Balancer V1Dexs
- Balancer CoW AMMDexs
Yields
Pools Tracked243
Average Supply APY8.01%
User Activity
Active Addresses (24h)34
New Addresses (24h)7
Transactions (24h)342
Gas Used (24h)35 ETH
Gas Cost (24h)$6.03
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 $56.58m in total value locked. TVL has decreased 19.4% 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 75.9%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $234,889.68 in fees. Of that, $70,710 was protocol revenue. Based on the trailing year, the annualized rate is $9.32m in fees and $3.19m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.12. Its circulating market capitalization is $8.45m, ranking it #1,688. Its fully diluted valuation is $8.75m. Supply currently stands at 69.83m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is up 9.4% over the past 7 days and up 2.6% over the past 30 days. Its all-time high is $74.45, reached on May 4, 2021. The token is currently 99.8% below that level.
How does Balancer's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer ranks #26 by TVL. The category holds $14.607b across 1,919 protocols, and Balancer accounts for 0.4% 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 $298.75m 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.