Ask about Balancer
Total Value Locked$58.9m
TVL by Chain
Ethereum$41.75m
Monad$7.47m
Polygon$4.03m
Arbitrum$2.14m
Base$1.44m
Hyperliquid L1$827,799
Avalanche$443,586
OP Mainnet$383,393
Gnosis$363,742
Plasma$31,619
Mode$17,560
Fraxtal$10,379
Polygon zkEVM$0
Key Metrics
Fees 30d$219,008
Fees 30d by chain
Ethereum$133,870
Polygon$32,560
Monad$29,844
Base$10,804.15
Arbitrum$8,968.06
Gnosis$1,087.79
Avalanche$945.12
OP Mainnet$721.36
Hyperliquid L1$176.38
Plasma$25.24
Mode$1.99
Fraxtal$1.79
Fees 7d$37,992
Ethereum$12,902
Polygon$9,961
Base$6,674
Monad$5,761
Arbitrum$1,986
Gnosis$315.19
Avalanche$213.83
OP Mainnet$161.43
Hyperliquid L1$11.01
Plasma$4.56
Fraxtal$0.38
Mode$0.18
Fees 24h$6,460
Ethereum$2,631
Polygon$2,071
Base$761
Monad$736
Arbitrum$166
Gnosis$45.86
OP Mainnet$25.3
Avalanche$21.51
Hyperliquid L1$1.79
Plasma$0.56
Fraxtal$0.06
Mode$0
Cumulative Fees$301.53m
Ethereum$279.01m
Polygon$7.04m
Arbitrum$5m
Base$4.32m
Gnosis$2.75m
Plasma$1.36m
Avalanche$923,975.98
OP Mainnet$858,330.54
Monad$184,083.74
Hyperliquid L1$60,726.81
Mode$22,673.17
Fraxtal$5,207.48
Polygon zkEVM$7
Revenue 30d$62,199
Revenue 30d by chain
Ethereum$33,186
Polygon$16,281
Base$4,386.65
Monad$4,247
Arbitrum$3,183.53
Gnosis$515
Avalanche$241.94
OP Mainnet$127.84
Hyperliquid L1$24.76
Plasma$4.15
Mode$0.99
Fraxtal$0.92
Revenue 7d$13,920
Polygon$4,979
Ethereum$4,057
Base$3,098
Arbitrum$786
Monad$759
Gnosis$153.3
Avalanche$56.23
OP Mainnet$27.16
Hyperliquid L1$2.71
Plasma$0.65
Fraxtal$0.19
Mode$0.09
Revenue 24h$2,466
Polygon$1,036
Ethereum$896
Base$342
Monad$94
Arbitrum$63
Gnosis$22.3
Avalanche$6.86
OP Mainnet$6.05
Hyperliquid L1$0.44
Plasma$0.09
Fraxtal$0.03
Mode$0
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$390,537.21
Avalanche$289,247.64
Monad$22,736.49
Hyperliquid L1$16,700.79
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
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
$62,154.55
$13,919.91
$2,466
-$351.99m
DEX Volume 30d$272.45m
DEX Volume 30d by chain
Monad$133.07m
Ethereum$64.3m
Polygon$54.71m
Base$7.87m
Arbitrum$7.83m
Avalanche$2.23m
Gnosis$1.24m
OP Mainnet$584,805
Hyperliquid L1$550,403
Plasma$45,259
Fraxtal$3,465
Mode$807.38
DEX Volume 7d$64.45m
Monad$29.59m
Polygon$18.77m
Ethereum$8.49m
Base$5.31m
Arbitrum$1.7m
Avalanche$311,711
Gnosis$126,665
OP Mainnet$84,484
Hyperliquid L1$77,791
Plasma$3,163
Fraxtal$757
Mode$75.45
DEX Volume 24h$10.41m
Monad$4.3m
Polygon$3.9m
Ethereum$1.35m
Base$561,601
Arbitrum$184,400
Avalanche$63,625
Gnosis$26,333
OP Mainnet$12,942
Hyperliquid L1$10,539
Plasma$173
Fraxtal$130
Mode$0.76
Cumulative DEX Volume$133.342b
Ethereum$109.898b
Polygon$8.306b
Arbitrum$7.555b
Gnosis$2.988b
Base$2.364b
Plasma$924.69m
Avalanche$647.35m
Monad$526.94m
Hyperliquid L1$35.48m
OP Mainnet$31.83m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$8.08m
$BAL Price$0.12
$8.37m
$8.37m
$BAL Volume 24h$621,209
CEX Volume$490,142.8
DEX Volume$133,436.14(21.48% 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 APY7.71%
User Activity
Active Addresses (24h)27
New Addresses (24h)1
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 $58.9m in total value locked. TVL has increased 5.6% 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 70.9%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $219,008 in fees. Of that, $62,199 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 $0.12. Its circulating market capitalization is $8.08m, ranking it #1,629. Its fully diluted valuation is $8.37m. Supply currently stands at 69.79m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is up 7.1% over the past 7 days and up 10.6% 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 $13.209b 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 $272.45m 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.