Ask about Balancer
Total Value Locked$56.15m
TVL by Chain
Ethereum$39.57m
Monad$7.05m
Polygon$3.92m
Arbitrum$2.12m
Base$1.42m
Hyperliquid L1$826,911
Avalanche$443,845
OP Mainnet$378,495
Gnosis$359,592
Plasma$34,001
Mode$17,051
Fraxtal$10,331
Polygon zkEVM$0
Key Metrics
Fees 30d$219,286
Fees 30d by chain
Ethereum$134,011
Polygon$32,693
Monad$29,868
Base$10,714.15
Arbitrum$9,035.06
Gnosis$1,090.76
Avalanche$946.94
OP Mainnet$719.66
Hyperliquid L1$176.28
Plasma$25.21
Mode$1.99
Fraxtal$1.8
Fees 7d$38,270
Ethereum$13,043
Polygon$10,094
Base$6,584
Monad$5,785
Arbitrum$2,053
Gnosis$318.16
Avalanche$215.65
OP Mainnet$159.73
Hyperliquid L1$10.91
Plasma$4.53
Fraxtal$0.39
Mode$0.18
Fees 24h$6,738
Ethereum$2,772
Polygon$2,204
Monad$760
Base$671
Arbitrum$233
Gnosis$48.83
OP Mainnet$23.6
Avalanche$23.33
Hyperliquid L1$1.69
Plasma$0.53
Fraxtal$0.07
Mode$0
Cumulative Fees$301.54m
Ethereum$279.01m
Polygon$7.05m
Arbitrum$5m
Base$4.32m
Gnosis$2.75m
Plasma$1.36m
Avalanche$924,002.45
OP Mainnet$858,354.62
Monad$184,814.74
Hyperliquid L1$60,728.52
Mode$22,673.19
Fraxtal$5,207.56
Polygon zkEVM$7
Revenue 30d$62,302
Revenue 30d by chain
Ethereum$33,249
Polygon$16,347
Base$4,342.65
Monad$4,248
Arbitrum$3,198.53
Gnosis$517
Avalanche$242.02
OP Mainnet$126.94
Hyperliquid L1$24.74
Plasma$4.14
Mode$0.99
Fraxtal$0.92
Revenue 7d$14,023
Polygon$5,045
Ethereum$4,120
Base$3,054
Arbitrum$801
Monad$760
Gnosis$155.3
Avalanche$56.31
OP Mainnet$26.26
Hyperliquid L1$2.69
Plasma$0.64
Fraxtal$0.19
Mode$0.09
Revenue 24h$2,569
Polygon$1,102
Ethereum$959
Base$298
Monad$95
Arbitrum$78
Gnosis$24.3
Avalanche$6.94
OP Mainnet$5.15
Hyperliquid L1$0.42
Plasma$0.08
Fraxtal$0.03
Mode$0
Cumulative Revenue$64.52m
Ethereum$54.57m
Polygon$3.52m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,750.01
OP Mainnet$390,542.63
Avalanche$289,252.71
Monad$22,826.49
Hyperliquid L1$16,701.22
Mode$11,339.79
Fraxtal$2,604.34
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$1.45m
$44.45
$0.093
$0
$416.5m
Earnings (Annualized)$1.84m
$62,257.55
$14,022.91
$2,569
-$351.99m
DEX Volume 30d$272.15m
DEX Volume 30d by chain
Monad$133.16m
Ethereum$64.05m
Polygon$54.49m
Base$7.97m
Arbitrum$7.84m
Avalanche$2.23m
Gnosis$1.23m
OP Mainnet$585,210
Hyperliquid L1$553,675
Plasma$45,259
Fraxtal$3,467
Mode$807.38
DEX Volume 7d$64.16m
Monad$29.68m
Polygon$18.54m
Ethereum$8.24m
Base$5.41m
Arbitrum$1.7m
Avalanche$311,271
Gnosis$115,563
OP Mainnet$84,889
Hyperliquid L1$81,063
Plasma$3,163
Fraxtal$759
Mode$75.45
DEX Volume 24h$10.11m
Monad$4.39m
Polygon$3.67m
Ethereum$1.1m
Base$661,323
Arbitrum$192,625
Avalanche$63,185
Gnosis$15,231
Hyperliquid L1$13,811
OP Mainnet$13,347
Plasma$173
Fraxtal$132
Mode$0.76
Cumulative DEX Volume$133.356b
Ethereum$109.898b
Polygon$8.313b
Arbitrum$7.555b
Gnosis$2.988b
Base$2.365b
Plasma$924.69m
Avalanche$647.4m
Monad$531.87m
Hyperliquid L1$35.5m
OP Mainnet$31.85m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.77m
$BAL Price$0.11
$8.06m
$8.06m
$BAL Volume 24h$575,031
CEX Volume$454,093.52
DEX Volume$124,931.17(21.73% 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 Tracked228
Average Supply APY7.75%
User Activity
Active Addresses (24h)27
New Addresses (24h)4
Transactions (24h)229
Gas Used (24h)15 ETH
Gas Cost (24h)$3.17
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 $56.15m in total value locked. TVL has increased 0.7% 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 70.5%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $219,286 in fees. Of that, $62,302 was protocol revenue. Based on the trailing year, the annualized rate is $9.62m in fees and $3.29m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.11. Its circulating market capitalization is $7.77m, ranking it #1,655. Its fully diluted valuation is $8.06m. Supply currently stands at 69.79m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is up 1.3% over the past 7 days and up 5.4% over the past 30 days. Its all-time high is $74.45, reached on May 4, 2021. The token is currently 99.9% below that level.
How does Balancer's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer ranks #23 by TVL. The category holds $13.435b 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 $272.15m 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.