Ask about BalancerTotal Value Locked$63.03m
TVL by Chain
Ethereum$41.17m
Monad$11.15m
Polygon$3.91m
Arbitrum$2.18m
Base$1.37m
Hyperliquid L1$1.18m
Avalanche$828,577
Plasma$561,681
Gnosis$356,430
OP Mainnet$297,479
Mode$14,571
Fraxtal$11,925
Polygon zkEVM$0
Key Metrics
Fees (Annualized)$11.56m
Fees 30d$231,359
Ethereum$110,299
Polygon$59,976
Monad$25,155
Base$19,653
Arbitrum$10,356
Avalanche$2,402
Plasma$1,226
Gnosis$973
OP Mainnet$662
Hyperliquid L1$653
Fraxtal$0
Mode$0
Fees 7d$73,230
Ethereum$44,375
Polygon$15,705
Base$6,595
Monad$3,496
Arbitrum$2,079
Avalanche$409
Plasma$276
Gnosis$137
OP Mainnet$123
Hyperliquid L1$32
Fraxtal$0
Mode$0
Fees 24h$20,994
Ethereum$15,293
Polygon$3,606
Base$688
Monad$671
Arbitrum$601
Avalanche$69
Plasma$32
OP Mainnet$17
Gnosis$12
Hyperliquid L1$5
Fraxtal$0
Mode$0
Cumulative Fees$298.26m
Ethereum$278.19m
Polygon$6.97m
Arbitrum$4.47m
Base$3.23m
Gnosis$2.66m
Plasma$1.16m
OP Mainnet$784,235
Avalanche$589,905
Monad$147,848
Hyperliquid L1$35,579
Mode$23,900
Fraxtal$5,659
Polygon zkEVM$11
Revenue (Annualized)$4.41m
Revenue 30d$91,175
Ethereum$44,838
Polygon$29,985
Base$8,175
Monad$3,568
Arbitrum$3,307
Gnosis$455
Avalanche$438
Hyperliquid L1$163
Plasma$145
OP Mainnet$106
Fraxtal$0
Mode$0
Revenue 7d$31,579
Ethereum$19,599
Polygon$7,853
Base$2,950
Arbitrum$564
Monad$425
Avalanche$67
Gnosis$62
Plasma$31
OP Mainnet$18
Hyperliquid L1$9
Fraxtal$0
Mode$0
Revenue 24h$9,570
Ethereum$7,166
Polygon$1,803
Base$305
Arbitrum$184
Monad$83
Avalanche$16
Gnosis$5
Plasma$4
OP Mainnet$3
Hyperliquid L1$1
Fraxtal$0
Mode$0
Cumulative Revenue$63.78m
Ethereum$54.33m
Polygon$3.48m
Arbitrum$2.13m
Base$1.46m
Gnosis$1.26m
Plasma$450,833
OP Mainnet$380,420
Avalanche$239,970
Monad$17,411
Hyperliquid L1$13,660
Mode$11,950
Fraxtal$2,835
Polygon zkEVM$279
Holders Revenue (Annualized)$1.75m
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$2.32m
$45.01
$6.88
$0
$416.5m
Earnings (Annualized)$2.1m
$91,130
$31,572
$9,570
-$352.73m
DEX Volume 30d$297.69m
DEX Volume 30d by chain
Polygon$89.95m
Ethereum$88.91m
Monad$88.52m
Base$19.56m
Arbitrum$7.43m
Gnosis$874,455
Plasma$737,338
Avalanche$714,221
Hyperliquid L1$610,394
OP Mainnet$377,694
Fraxtal$4,956
Mode$212
DEX Volume 7d$77.27m
Polygon$28.73m
Monad$19.99m
Ethereum$18.75m
Base$7.67m
Arbitrum$1.48m
Hyperliquid L1$233,504
Gnosis$166,062
Avalanche$122,240
OP Mainnet$91,122
Plasma$44,973
Fraxtal$1,008
Mode$65
DEX Volume 24h$14.18m
Polygon$7.51m
Ethereum$2.91m
Monad$2.36m
Base$875,857
Arbitrum$378,022
Avalanche$50,825
Hyperliquid L1$45,703
Gnosis$26,723
Plasma$13,894
OP Mainnet$10,006
Fraxtal$177
Mode$44
Cumulative DEX Volume$132.886b
Ethereum$109.788b
Polygon$8.194b
Arbitrum$7.542b
Gnosis$2.987b
Base$2.346b
Plasma$924.03m
Avalanche$644.77m
Monad$329.11m
Hyperliquid L1$34.29m
OP Mainnet$30.96m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.58m
$BAL Price$0.12
$8.49m
$8.49m
$BAL Volume 24h$2.06m
CEX Volume$1.58m
DEX Volume$412,425(20% 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
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 Tracked231
Average Supply APY7.11%
User Activity
Active Addresses (24h)27
New Addresses (24h)1
Transactions (24h)67
Gas Used (24h)$5
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 $63.03m in total value locked. TVL has decreased 5.3% 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 65.3%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $231,359 in fees. Of that, $91,175 was protocol revenue. Based on the trailing year, the annualized rate is $11.56m in fees and $4.41m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.12. Its circulating market capitalization is $7.74m, ranking it #1,600. Its fully diluted valuation is $8.68m. Supply currently stands at 64.58m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is up 24.5% over the past 7 days and up 29.2% 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 #17 by TVL. The category holds $11.394b across 1,572 protocols, and Balancer accounts for 0.6% of that total. Other leading protocols include Uniswap, PancakeSwap, and Curve Finance.
How much trading volume does Balancer process?
Balancer processed $297.69m 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 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 November 3, 2025 and involved $128m. It was classified as Protocol Logic.
