Ask about Balancer

Logo of BalancerBalancer(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

All Time High$74.45

All Time Low$0.086

View $BAL token page

$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.

Category:Dexs

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

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.