Ask about Balancer
Total Value Locked$59.35m
TVL by Chain
Ethereum$42.12m
Monad$7.48m
Polygon$4.04m
Arbitrum$2.16m
Base$1.45m
Hyperliquid L1$829,429
Avalanche$444,268
OP Mainnet$390,743
Gnosis$364,741
Plasma$34,309
Mode$17,568
Fraxtal$10,410
Polygon zkEVM$0
Key Metrics
Fees 30d$216,845
Fees 30d by chain
Ethereum$133,541
Polygon$30,781
Monad$29,658
Base$10,770.15
Arbitrum$8,967.98
Gnosis$1,262.21
Avalanche$946.99
OP Mainnet$711.36
Hyperliquid L1$174.87
Plasma$25.1
Mode$2.08
Fraxtal$1.73
Fees 7d$37,567
Ethereum$12,317
Polygon$9,353
Base$6,263
Monad$6,155
Arbitrum$2,549
Gnosis$400.31
Avalanche$346.37
OP Mainnet$158.65
Hyperliquid L1$17.14
Plasma$4.62
Fraxtal$0.37
Mode$0.23
Fees 24h$4,663
Ethereum$1,897
Polygon$1,380
Monad$651
Base$582
Arbitrum$110
OP Mainnet$17.15
Gnosis$15.65
Avalanche$8.05
Hyperliquid L1$1.23
Plasma$0.52
Fraxtal$0.04
Mode$0.04
Cumulative Fees$301.53m
Ethereum$279.01m
Polygon$7.04m
Arbitrum$5m
Base$4.32m
Gnosis$2.75m
Plasma$1.36m
Avalanche$923,973.25
OP Mainnet$858,326.97
Monad$184,066.74
Hyperliquid L1$60,726.74
Mode$22,673.17
Fraxtal$5,207.46
Polygon zkEVM$7
Revenue 30d$61,230
Revenue 30d by chain
Ethereum$33,087
Polygon$15,391
Base$4,382.39
Monad$4,215
Arbitrum$3,158.49
Gnosis$601.91
Avalanche$240.74
OP Mainnet$123.85
Hyperliquid L1$24.37
Plasma$4.12
Mode$1.04
Fraxtal$0.89
Revenue 7d$13,718
Polygon$4,675
Ethereum$3,952
Base$2,892
Arbitrum$1,052
Monad$832
Gnosis$195.35
Avalanche$89.4
OP Mainnet$25.37
Hyperliquid L1$3.13
Plasma$0.64
Fraxtal$0.19
Mode$0.11
Revenue 24h$1,761
Polygon$690
Ethereum$679
Base$265
Monad$82
Arbitrum$33
Gnosis$7.05
Avalanche$2.38
OP Mainnet$2.3
Hyperliquid L1$0.3
Plasma$0.07
Fraxtal$0.02
Mode$0.02
Cumulative Revenue$64.51m
Ethereum$54.57m
Polygon$3.52m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,749.97
OP Mainnet$390,535.38
Avalanche$289,246.81
Monad$22,732.49
Hyperliquid L1$16,700.77
Mode$11,339.78
Fraxtal$2,604.3
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$1.46m
$44.45
$0.1
$0
$416.5m
Earnings (Annualized)$1.84m
$61,185.55
$13,717.9
$1,761
-$351.99m
DEX Volume 30d$265.56m
DEX Volume 30d by chain
Monad$129.32m
Ethereum$64.63m
Polygon$51.01m
Base$8.15m
Arbitrum$7.8m
Avalanche$2.2m
Gnosis$1.28m
OP Mainnet$580,039
Hyperliquid L1$540,988
Plasma$45,320
Fraxtal$3,344.19
Mode$844.62
DEX Volume 7d$63.56m
Monad$30.08m
Polygon$17.81m
Ethereum$7.91m
Base$4.96m
Arbitrum$2.2m
Avalanche$325,507
Gnosis$118,541
OP Mainnet$87,022
Hyperliquid L1$69,189
Plasma$3,307
Fraxtal$726
Mode$93.69
DEX Volume 24h$5.5m
Polygon$2.45m
Monad$1.5m
Ethereum$970,565
Base$453,929
Arbitrum$72,851
Avalanche$19,227
Gnosis$17,996
Hyperliquid L1$9,767
OP Mainnet$6,073
Plasma$306
Fraxtal$70
Mode$16
Cumulative DEX Volume$133.34b
Ethereum$109.897b
Polygon$8.305b
Arbitrum$7.555b
Gnosis$2.988b
Base$2.364b
Plasma$924.69m
Avalanche$647.35m
Monad$525.74m
Hyperliquid L1$35.48m
OP Mainnet$31.83m
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$567,906
CEX Volume$476,690.82
DEX Volume$122,140.07(21.51% 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 Tracked229
Average Supply APY7.77%
User Activity
Active Addresses (24h)29
New Addresses (24h)1
Transactions (24h)133
Gas Used (24h)10 ETH
Gas Cost (24h)$3.24
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 $59.35m in total value locked. TVL has increased 2% 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 71%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $216,845 in fees. Of that, $61,230 was protocol revenue. Based on the trailing year, the annualized rate is $9.66m in fees and $3.3m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.12. Its circulating market capitalization is $8.05m, ranking it #1,638. 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 up 6% over the past 7 days and up 9.5% 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 $13.247b across 1,930 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 $265.56m 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.