Total Value Locked$64.82m
TVL by Chain
Ethereum$43.71m
Monad$10.96m
Polygon$4.12m
Arbitrum$2.16m
Base$1.44m
Hyperliquid L1$1.08m
Avalanche$530,465
OP Mainnet$385,987
Gnosis$375,759
Plasma$37,688
Mode$17,621
Fraxtal$10,359
Polygon zkEVM$0
Key Metrics
Fees 30d$197,453
Fees 30d by chain
Ethereum$131,662
Monad$26,493
Polygon$23,872
Arbitrum$7,706.98
Base$4,826.56
Gnosis$999.52
Avalanche$903.69
OP Mainnet$671.23
Hyperliquid L1$171.4
Plasma$142.79
Mode$2.16
Fraxtal$1.5
Fees 7d$43,039
Ethereum$21,224
Polygon$10,704
Monad$7,293
Arbitrum$1,769
Base$1,525
OP Mainnet$176.88
Hyperliquid L1$130.97
Gnosis$122.51
Avalanche$86.4
Plasma$5.63
Fraxtal$0.42
Mode$0.32
Fees 24h$4,760
Ethereum$1,813
Polygon$1,518
Monad$787
Base$374
Arbitrum$221
OP Mainnet$22.81
Gnosis$14.55
Avalanche$7.41
Plasma$0.93
Hyperliquid L1$0.56
Fraxtal$0.02
Mode$0
Cumulative Fees$301.48m
Ethereum$278.99m
Polygon$7.03m
Arbitrum$5m
Base$4.31m
Gnosis$2.75m
Plasma$1.36m
Avalanche$923,605.85
OP Mainnet$858,145.07
Monad$176,759.74
Hyperliquid L1$60,707.62
Mode$22,672.93
Fraxtal$5,206.99
Polygon zkEVM$7
Revenue 30d$52,677
Revenue 30d by chain
Ethereum$32,293
Polygon$11,938
Monad$3,740
Arbitrum$2,403.87
Base$1,445.59
Gnosis$471.5
Avalanche$225.81
OP Mainnet$116.88
Hyperliquid L1$24.51
Plasma$16.1
Mode$1.09
Fraxtal$0.77
Revenue 7d$14,783
Ethereum$7,254
Polygon$5,353
Monad$959
Arbitrum$573
Base$525.85
Gnosis$54.3
OP Mainnet$29.79
Avalanche$17.42
Hyperliquid L1$14.89
Plasma$0.92
Fraxtal$0.22
Mode$0.16
Revenue 24h$1,700
Polygon$759
Ethereum$594
Base$153
Monad$108
Arbitrum$73
Gnosis$6.24
OP Mainnet$4.07
Avalanche$1.62
Plasma$0.14
Hyperliquid L1$0.12
Fraxtal$0.01
Mode$0
Cumulative Revenue$64.49m
Ethereum$54.56m
Polygon$3.51m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,749.23
OP Mainnet$390,504.6
Avalanche$289,150.29
Monad$21,755.49
Hyperliquid L1$16,697.15
Mode$11,339.66
Fraxtal$2,604.06
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$1.57m
$44.35
$0
$0
$416.5m
Earnings (Annualized)$1.84m
$52,632.65
$14,783
$1,700
-$352.01m
DEX Volume 30d$238.05m
DEX Volume 30d by chain
Monad$124.14m
Ethereum$66.67m
Polygon$33.03m
Arbitrum$6.59m
Base$3.13m
Avalanche$2.01m
Gnosis$1.33m
OP Mainnet$555,595
Hyperliquid L1$527,032
Plasma$65,238
Fraxtal$2,908.19
Mode$878.72
DEX Volume 7d$78.29m
Monad$32.73m
Polygon$22.27m
Ethereum$19.9m
Arbitrum$1.56m
Base$1.04m
Avalanche$349,543
OP Mainnet$146,387
Gnosis$141,736
Hyperliquid L1$137,508
Plasma$13,146
Fraxtal$838
Mode$134.99
DEX Volume 24h$6.59m
Polygon$3.23m
Monad$1.63m
Ethereum$1.17m
Base$380,302
Arbitrum$124,828
Avalanche$32,099
OP Mainnet$10,057
Gnosis$8,486
Hyperliquid L1$2,045
Plasma$1,124
Fraxtal$48
Mode$2.05
Cumulative DEX Volume$133.261b
Ethereum$109.887b
Polygon$8.281b
Arbitrum$7.552b
Gnosis$2.988b
Base$2.358b
Plasma$924.69m
Avalanche$646.93m
Monad$490.06m
Hyperliquid L1$35.4m
OP Mainnet$31.72m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.66m
$BAL Price$0.11
$7.94m
$7.94m
$BAL Volume 24h$266,959
CEX Volume$273,848.13
DEX Volume$34,347.84(12.87% 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 Tracked242
Average Supply APY6.86%
User Activity
Active Addresses (24h)25
New Addresses (24h)6
Transactions (24h)781
Gas Used (24h)21 ETH
Gas Cost (24h)$4.9
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 $64.82m in total value locked. TVL has increased 10.5% 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 67.4%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $197,453 in fees. Of that, $52,677 was protocol revenue. Based on the trailing year, the annualized rate is $10.01m in fees and $3.41m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.11. Its circulating market capitalization is $7.66m, ranking it #1,685. Its fully diluted valuation is $7.94m. Supply currently stands at 69.79m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is down 8.7% over the past 7 days and up 0.4% 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 $13.098b across 1,926 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 $238.05m 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.
