Balancer(BAL)
Total Value Locked$57.93m
TVL by Chain
Ethereum$43.81m
Monad$5.06m
Polygon$4.04m
Arbitrum$2.12m
Base$1.34m
Hyperliquid L1$608,608
OP Mainnet$407,290
Gnosis$318,137
Avalanche$179,695
Plasma$32,289
Mode$19,297
Fraxtal$10,494
Polygon zkEVM$0
Key Metrics
Fees 30d$204,092.68
Fees 30d by chain
Ethereum$96,158.68
Polygon$49,654
Monad$26,899
Base$18,518.04
Arbitrum$10,102
Gnosis$960.78
Avalanche$833.43
OP Mainnet$753.87
Hyperliquid L1$183.09
Plasma$20.86
Mode$3.7
Fraxtal$1.67
Fees 7d$53,971
Ethereum$19,659
Polygon$18,717
Base$8,119
Monad$3,869
Arbitrum$2,925
Avalanche$240.78
OP Mainnet$213.56
Gnosis$196.6
Hyperliquid L1$23.63
Mode$2.66
Plasma$2.48
Fraxtal$0.46
Fees 24h$7,633
Ethereum$2,998
Polygon$2,022
Base$1,638
Monad$693
Arbitrum$193
Avalanche$29.89
OP Mainnet$26.4
Gnosis$24.56
Hyperliquid L1$6.91
Mode$0.78
Plasma$0.44
Fraxtal$0.07
Cumulative Fees$301.61m
Ethereum$279.04m
Polygon$7.07m
Arbitrum$5m
Base$4.33m
Gnosis$2.75m
Plasma$1.36m
Avalanche$924,255.91
OP Mainnet$858,599.97
Monad$189,305.74
Hyperliquid L1$60,754.6
Mode$22,676.36
Fraxtal$5,208.11
Polygon zkEVM$7
Revenue 30d$70,145
Revenue 30d by chain
Ethereum$28,794
Polygon$24,829
Base$8,240.88
Monad$3,778
Arbitrum$3,617
Gnosis$457.1
Avalanche$251.73
OP Mainnet$145.02
Hyperliquid L1$26.57
Plasma$3.46
Mode$1.86
Fraxtal$0.84
Revenue 7d$22,082
Polygon$9,359
Ethereum$7,094
Base$3,804
Arbitrum$946
Monad$626
Avalanche$103.41
Gnosis$94.21
OP Mainnet$48.98
Hyperliquid L1$5.86
Mode$1.34
Plasma$0.33
Fraxtal$0.22
Revenue 24h$2,928
Polygon$1,011
Ethereum$910
Base$780
Monad$124
Arbitrum$72
Avalanche$12
Gnosis$11.25
OP Mainnet$5.31
Hyperliquid L1$1.72
Mode$0.39
Plasma$0.05
Fraxtal$0.03
Cumulative Revenue$64.54m
Ethereum$54.58m
Polygon$3.53m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,750.81
OP Mainnet$390,599.45
Avalanche$289,362.61
Monad$23,569.49
Hyperliquid L1$16,707.68
Mode$11,341.39
Fraxtal$2,604.61
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$1.33m
$10.11
$9.01
$0
$416.5m
Earnings (Annualized)$1.82m
$70,134.89
$22,072.99
$2,928
-$351.96m
DEX Volume 30d$300.49m
DEX Volume 30d by chain
Monad$123.98m
Polygon$90.76m
Ethereum$57.14m
Base$16.64m
Arbitrum$8.74m
Avalanche$1.6m
Gnosis$605,861
OP Mainnet$520,018
Hyperliquid L1$440,685
Plasma$38,698
Fraxtal$3,189
Mode$1,416.75
DEX Volume 7d$68.15m
Polygon$32.63m
Monad$13.39m
Ethereum$10.53m
Base$8.46m
Arbitrum$2.5m
Avalanche$238,058
OP Mainnet$153,957
Hyperliquid L1$136,545
Gnosis$100,454
Mode$1,003.82
Fraxtal$873
Plasma$533
DEX Volume 24h$10.27m
Monad$4.09m
Polygon$2.34m
Base$1.79m
Ethereum$1.75m
Arbitrum$228,563
Avalanche$34,595
Gnosis$18,735
OP Mainnet$10,272
Hyperliquid L1$1,995
Mode$310
Fraxtal$132
Plasma$28
Cumulative DEX Volume$133.437b
Ethereum$109.911b
Polygon$8.348b
Arbitrum$7.558b
Gnosis$2.988b
Base$2.375b
Plasma$924.69m
Avalanche$647.67m
Monad$550.04m
Hyperliquid L1$35.69m
OP Mainnet$32.02m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$8.35m
$BAL Price$0.12
$8.65m
$8.65m
$BAL Volume 24h$194,315
CEX Volume$169,250.69
DEX Volume$14,764(7.6% 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 Tracked248
Average Supply APY5.77%
User Activity
Active Addresses (24h)45
New Addresses (24h)10
Transactions (24h)513
Gas Used (24h)35 ETH
Gas Cost (24h)$10.03
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 $57.93m in total value locked. TVL has decreased 17% 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 75.6%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $204,092.68 in fees. Of that, $70,145 was protocol revenue. Based on the trailing year, the annualized rate is $9.21m in fees and $3.16m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.12. Its circulating market capitalization is $8.35m, ranking it #1,690. Its fully diluted valuation is $8.65m. Supply currently stands at 69.83m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is up 8.9% over the past 7 days and up 0.3% 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 #24 by TVL. The category holds $14.587b across 1,921 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 $300.49m 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.

