Balancer (BAL)
Total Value Locked$750.14m
TVL by Chain
Ethereum$557.52m
Base$60.63m
Gnosis$50.67m
Arbitrum$35.02m
Avalanche$24.13m
Polygon$15.45m
OP Mainnet$5.42m
Fraxtal$858,150
Polygon zkEVM$286,960
Mode$141,705
Key Metrics
Fees (Annualized)$7.51m
Fees 30d$615,633
Fees 24h$21,088
Cumulative Fees$286.73m
Revenue (Annualized)$2.95m
Revenue 30d$242,032
Revenue 24h$8,687
Cumulative Revenue$36.29m
DEX Volume 30d$1.085b
DEX Volume 24h$23.95m
Cumulative DEX Volume$105.77b
Market Cap$64.59m
$BAL Price$1.01
All Time High$74.45
All Time Low$0.76
Fully Diluted Valuation$69.59m
24h $BAL Volume$4.88m
CEX Volume$4.01m
DEX Volume$874,224(17.92% of total)
$BAL Liquidity$28.9m
Balancer V2$27.64m
Balancer V2$658,532
Balancer V2$478,566
Balancer V2$66,756
Balancer V2$28,142
Balancer V2$20,294
Uniswap V3$10,016
Treasury$17.2m
Majors$3.17m
Stablecoins$3.83m
Own Tokens$3.23m
Others$6.97m
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
Balancer (BAL)
Total Value Locked$750.14m
TVL by Chain
Ethereum$557.52m
Base$60.63m
Gnosis$50.67m
Arbitrum$35.02m
Avalanche$24.13m
Polygon$15.45m
OP Mainnet$5.42m
Fraxtal$858,150
Polygon zkEVM$286,960
Mode$141,705
Key Metrics
Fees (Annualized)$7.51m
Fees 30d$615,633
Fees 24h$21,088
Cumulative Fees$286.73m
Revenue (Annualized)$2.95m
Revenue 30d$242,032
Revenue 24h$8,687
Cumulative Revenue$36.29m
DEX Volume 30d$1.085b
DEX Volume 24h$23.95m
Cumulative DEX Volume$105.77b
Market Cap$64.59m
$BAL Price$1.01
All Time High$74.45
All Time Low$0.76
Fully Diluted Valuation$69.59m
24h $BAL Volume$4.88m
CEX Volume$4.01m
DEX Volume$874,224(17.92% of total)
$BAL Liquidity$28.9m
Balancer V2$27.64m
Balancer V2$658,532
Balancer V2$478,566
Balancer V2$66,756
Balancer V2$28,142
Balancer V2$20,294
Uniswap V3$10,016
Treasury$17.2m
Majors$3.17m
Stablecoins$3.83m
Own Tokens$3.23m
Others$6.97m
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.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Balancer V1: All trading fees collected (includes swap and yield fee)View code on GitHubBalancer V2: All trading fees collected (includes swap and yield fee)View code on GitHubBalancer V3: Total fees earned from all the trades and yield in the last 24 hours.View code on GitHub
Revenue:
Balancer V1: Balancer V1 protocol fees are set to 0%View code on GitHubBalancer V2: Protocol revenue from all fees collectedView code on GitHubBalancer V3: Total revenue earned by the protocol in the last 24 hours, which is 50% of the trade fees and 10% of the yield capture.View code on GitHub
DEX Volume: Volume of all spot token swaps that go through the protocol
Development Activity
Updated at Jun 17, 2025
Weekly commits68
Monthly commits401
Weekly developers8
Monthly developers25
Last commit17/06/25 (5 days ago)
User Activity
Active Addresses (24h)214
Transactions (24h)692
Gas Used (24h)$68.01
Hacks
Date: Aug 27, 2023
Protocol: Balancer V2
Amount: $800,000
Classification: Protocol Logic
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
SourceDate: Sep 19, 2023
Protocol: Balancer V2
Amount: $238,000
Classification: Protocol Logic
Technique: Frontend Attack
Chains: Ethereum
Target Type: DeFi Protocol
Source