Total Value Locked$64.29m
TVL by Chain
Ethereum$42.23m
Monad$12.16m
Polygon$4.03m
Arbitrum$2.06m
Base$1.28m
Hyperliquid L1$1.11m
Avalanche$606,024
Gnosis$376,794
OP Mainnet$367,903
Plasma$34,279
Mode$17,103
Fraxtal$10,352
Polygon zkEVM$0
Key Metrics
Fees 30d$189,639
Fees 30d by chain
Ethereum$126,711
Monad$24,239
Polygon$22,549
Arbitrum$7,679.98
Base$4,981.72
Gnosis$970.57
Avalanche$881
Hyperliquid L1$703.83
OP Mainnet$648.13
Plasma$273.26
Mode$2.11
Fraxtal$1.47
Fees 7d$46,991
Ethereum$30,079
Monad$7,144
Polygon$6,279
Arbitrum$2,230
Base$810.04
OP Mainnet$157.41
Hyperliquid L1$124.21
Gnosis$104.82
Avalanche$55.1
Plasma$7.97
Mode$0.47
Fraxtal$0.28
Fees 24h$5,379
Ethereum$2,203
Polygon$1,613
Monad$979
Arbitrum$303
Base$121
Hyperliquid L1$117
OP Mainnet$22.64
Gnosis$12.81
Avalanche$7.06
Plasma$0.52
Fraxtal$0.06
Mode$0.06
Cumulative Fees$301.46m
Ethereum$278.98m
Polygon$7.03m
Arbitrum$5m
Base$4.31m
Gnosis$2.75m
Plasma$1.36m
Avalanche$923,550.31
OP Mainnet$858,052.92
Monad$172,799.74
Hyperliquid L1$60,700.75
Mode$22,672.84
Fraxtal$5,206.85
Polygon zkEVM$7
Revenue 30d$50,230
Revenue 30d by chain
Ethereum$30,625
Polygon$11,277
Monad$3,415
Arbitrum$2,397.87
Base$1,532.6
Gnosis$459.45
Avalanche$222.2
Hyperliquid L1$157.51
OP Mainnet$110.55
Plasma$29.57
Mode$1.07
Fraxtal$0.73
Revenue 7d$10,961
Ethereum$5,770
Polygon$3,142
Monad$979
Arbitrum$783
Base$182.88
Gnosis$47.07
OP Mainnet$28.06
Hyperliquid L1$13.71
Avalanche$13.34
Plasma$1.46
Mode$0.23
Fraxtal$0.14
Revenue 24h$1,885
Ethereum$820
Polygon$807
Monad$125
Arbitrum$84
Base$25.85
Hyperliquid L1$12
Gnosis$5.11
OP Mainnet$3.93
Avalanche$1.77
Plasma$0.08
Fraxtal$0.03
Mode$0.03
Cumulative Revenue$64.49m
Ethereum$54.56m
Polygon$3.51m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,748.62
OP Mainnet$390,489.75
Avalanche$289,140.68
Monad$21,222.49
Hyperliquid L1$16,695.77
Mode$11,339.61
Fraxtal$2,603.97
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$1.65m
$44.35
$1
$0
$416.5m
Earnings (Annualized)$1.86m
$50,185.65
$10,960
$1,885
-$352.02m
DEX Volume 30d$215.41m
DEX Volume 30d by chain
Monad$115.35m
Ethereum$57.49m
Polygon$28m
Arbitrum$6.9m
Base$3.14m
Avalanche$1.86m
Gnosis$1.31m
Hyperliquid L1$766,230
OP Mainnet$512,453
Plasma$77,555.17
Fraxtal$2,780.19
Mode$858.12
DEX Volume 7d$68.78m
Monad$37.32m
Ethereum$16.52m
Polygon$12.04m
Arbitrum$1.77m
Base$397,667
Avalanche$366,378
Gnosis$177,040
OP Mainnet$94,781
Hyperliquid L1$65,115
Plasma$23,441
Fraxtal$508
Mode$174.3
DEX Volume 24h$11.82m
Monad$6.96m
Polygon$3.16m
Ethereum$1.17m
Arbitrum$354,359
Base$88,214
Avalanche$37,713
Hyperliquid L1$22,920
Gnosis$21,191
OP Mainnet$12,689
Plasma$833
Fraxtal$120
Mode$24
Cumulative DEX Volume$133.226b
Ethereum$109.88b
Polygon$8.27b
Arbitrum$7.551b
Gnosis$2.988b
Base$2.357b
Plasma$924.68m
Avalanche$646.76m
Monad$474.32m
Hyperliquid L1$35.34m
OP Mainnet$31.66m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$8.05m
$BAL Price$0.12
$8.34m
$8.34m
$BAL Volume 24h$269,746
CEX Volume$192,419.33
DEX Volume$35,269.35(13.08% 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$429,763.13
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 Tracked218
Average Supply APY6.01%
User Activity
Active Addresses (24h)26
New Addresses (24h)3
Transactions (24h)172
Gas Used (24h)10 ETH
Gas Cost (24h)$6.83
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 $64.29m in total value locked. TVL has increased 8.1% 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 65.7%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $189,639 in fees. Of that, $50,230 was protocol revenue. Based on the trailing year, the annualized rate is $10.27m in fees and $3.51m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.12. Its circulating market capitalization is $8.04m, ranking it #1,606. Its fully diluted valuation is $8.34m. Supply currently stands at 69.79m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is down 0.3% over the past 7 days and up 6.1% 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 #22 by TVL. The category holds $12.685b across 1,923 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 $215.41m 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.
