Total Value Locked$27.3m
TVL by Chain
Ethereum$21.38m
Polygon$4.02m
Arbitrum$1.14m
Base$364,771.3
Gnosis$272,798.46
Avalanche$100,283.15
Mode$17,294.33
Fraxtal$10,388.74
Polygon zkEVM$0
Key Metrics
Fees 30d$103,614
Fees 30d by chain
Ethereum$57,707
Polygon$32,626
Base$7,565.15
Arbitrum$4,511.06
Gnosis$976.23
Avalanche$117.27
OP Mainnet$105.81
Mode$1.99
Fraxtal$1.79
Fees 7d$24,188
Polygon$10,027
Ethereum$6,782
Base$5,712
Arbitrum$1,315
Gnosis$296.2
Avalanche$29.44
OP Mainnet$24.88
Fraxtal$0.38
Mode$0.18
Fees 24h$4,863
Ethereum$2,153
Polygon$2,137
Base$408
Arbitrum$109
Gnosis$38
OP Mainnet$9.75
Avalanche$8.23
Fraxtal$0.06
Mode$0
Cumulative Fees$124m
Ethereum$107.71m
Polygon$7.04m
Arbitrum$3.99m
Gnosis$2.42m
Base$1.72m
OP Mainnet$744,192.98
Avalanche$342,912.4
Mode$22,673.17
Fraxtal$5,207.48
Polygon zkEVM$7
Revenue 30d$51,806
Revenue 30d by chain
Ethereum$28,854
Polygon$16,313
Base$3,784.03
Arbitrum$2,252.53
Gnosis$490.43
Avalanche$58.92
OP Mainnet$52.77
Mode$0.99
Fraxtal$0.92
Revenue 7d$12,089
Polygon$5,011
Ethereum$3,390
Base$2,855
Arbitrum$657
Gnosis$148.22
Avalanche$14.7
OP Mainnet$12.44
Fraxtal$0.19
Mode$0.09
Revenue 24h$2,431
Ethereum$1,076
Polygon$1,068
Base$204
Arbitrum$55
Gnosis$19
OP Mainnet$4.88
Avalanche$4.11
Fraxtal$0.03
Mode$0
Cumulative Revenue$61.94m
Ethereum$53.8m
Polygon$3.52m
Arbitrum$1.99m
Gnosis$1.21m
Base$862,277.25
OP Mainnet$372,093.12
Avalanche$171,746.48
Mode$11,339.78
Fraxtal$2,604.31
Polygon zkEVM$277
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Cumulative Holders Revenue$37.87m
Ethereum$32.97m
Polygon$2.1m
Arbitrum$1.21m
Gnosis$742,491.85
Base$510,090.42
OP Mainnet$228,630.14
Avalanche$102,479.06
Mode$6,967.25
Fraxtal$1,602.01
DEX Volume 30d$82.68m
DEX Volume 30d by chain
Polygon$54.49m
Ethereum$18.28m
Base$6.08m
Arbitrum$2.7m
Gnosis$707,177
OP Mainnet$339,234
Avalanche$94,809
Fraxtal$3,467
Mode$807.38
DEX Volume 7d$27.45m
Polygon$18.54m
Base$4.87m
Ethereum$2.8m
Arbitrum$1.1m
Gnosis$75,002
OP Mainnet$59,178
Avalanche$8,433
Fraxtal$759
Mode$75.45
DEX Volume 24h$4.96m
Polygon$3.67m
Ethereum$628,847
Base$561,044
Arbitrum$77,240
OP Mainnet$11,035
Gnosis$9,008
Avalanche$4,318
Fraxtal$132
Mode$0.76
Cumulative DEX Volume$100.401b
Ethereum$81.669b
Polygon$8.305b
Arbitrum$6.862b
Gnosis$2.811b
Base$452.31m
Avalanche$222.82m
Fraxtal$28.78m
Polygon zkEVM$26.03m
OP Mainnet$12.32m
Mode$11.2m
Protocol Information
Balancer is a protocol for programmable liquidity.
Sub Category: Weighted Pool AMM
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All trading fees collected (includes swap and yield fee)View code on GitHubRevenue: Balancer V2 protocol collects 50% swap fees as revenue.View code on GitHubHolders Revenue: Share of revenue to veBAL holders (None after 2026-04-23)View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubYields
Pools Tracked102
Average Supply APY0.75%
Hacks
Date: Aug 27, 2023
Amount: $800,000
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Sep 19, 2023
Amount: $238,000
Classification: Frontend & Infrastructure
Technique: Frontend Compromise
Chains: Ethereum
Target Type: DeFi Protocol
Date: Nov 3, 2025
Amount: $128m
Classification: Token & Share Accounting
Technique: Rounding Error
Chains: Ethereum, Arbitrum, Base, Polygon, Sonic, Optimism
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Balancer V2's TVL?
Balancer V2 currently has $27.3m in total value locked. TVL has increased 7.6% over the past 30 days.
What chains does Balancer V2 operate on?
Balancer V2 operates on 9 chains: Polygon zkEVM, Fraxtal, Mode, Avalanche, and Gnosis and 4 others. Ethereum holds the largest share at 78.3%.
How much has Balancer V2 generated in fees and revenue?
Over the past 30 days, Balancer V2 generated $103,614 in fees. Of that, $51,806 was protocol revenue. Based on the trailing year, the annualized rate is $3.3m in fees and $1.65m in revenue.
How does Balancer V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer V2 ranks #36 by TVL. The category holds $13.195b across 1,933 protocols, and Balancer V2 accounts for 0.2% of that total. Other leading protocols include Curve DEX, SushiSwap V3, SushiSwap, Gyroscope Protocol, Archly V2, Uniswap V3, WOOFi Swap, Elk, Uniswap V4, and Uniswap V2.
How much trading volume does Balancer V2 process?
Balancer V2 processed $82.68m in DEX volume over the past 30 days.
Has Balancer V2 ever been exploited?
Balancer V2 has 3 recorded security incidents. The most recent incident occurred on Nov 3, 2025 and involved $128m. It was classified as Token & Share Accounting.