Balancer (BAL)
Total Value Locked$738.66m
TVL by Chain
Ethereum$549.1m
Base$60.4m
Gnosis$49.39m
Arbitrum$34.55m
Avalanche$23.71m
Polygon$14.9m
OP Mainnet$5.5m
Fraxtal$679,045
Polygon zkEVM$285,801
Mode$143,564
Key Metrics
Fees (Annualized)$8.46m
Fees 30d$693,402
Fees 24h$21,740
Cumulative Fees$287.01m
Revenue (Annualized)$3.51m
Revenue 30d$287,920
Revenue 24h$9,034
Cumulative Revenue$36.42m
DEX Volume 30d$1.072b
DEX Volume 24h$40.91m
Cumulative DEX Volume$106.044b
Market Cap$61.9m
$BAL Price$0.97
All Time High$74.45
All Time Low$0.76
Fully Diluted Valuation$66.48m
$BAL Volume 24h$4.81m
CEX Volume$3.97m
DEX Volume$849,284(17.65% of total)
$BAL Liquidity$27.72m
Balancer V2$26.51m
Balancer V2$644,384
Balancer V2$458,726
Balancer V2$64,263
Balancer V2$27,109
Balancer V2$19,280
Treasury$16.87m
Majors$3.14m
Stablecoins$3.83m
Own Tokens$2.89m
Others$7.01m
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
Balancer (BAL)
Total Value Locked$738.66m
TVL by Chain
Ethereum$549.1m
Base$60.4m
Gnosis$49.39m
Arbitrum$34.55m
Avalanche$23.71m
Polygon$14.9m
OP Mainnet$5.5m
Fraxtal$679,045
Polygon zkEVM$285,801
Mode$143,564
Key Metrics
Fees (Annualized)$8.46m
Fees 30d$693,402
Fees 24h$21,740
Cumulative Fees$287.01m
Revenue (Annualized)$3.51m
Revenue 30d$287,920
Revenue 24h$9,034
Cumulative Revenue$36.42m
DEX Volume 30d$1.072b
DEX Volume 24h$40.91m
Cumulative DEX Volume$106.044b
Market Cap$61.9m
$BAL Price$0.97
All Time High$74.45
All Time Low$0.76
Fully Diluted Valuation$66.48m
$BAL Volume 24h$4.81m
CEX Volume$3.97m
DEX Volume$849,284(17.65% of total)
$BAL Liquidity$27.72m
Balancer V2$26.51m
Balancer V2$644,384
Balancer V2$458,726
Balancer V2$64,263
Balancer V2$27,109
Balancer V2$19,280
Treasury$16.87m
Majors$3.14m
Stablecoins$3.83m
Own Tokens$2.89m
Others$7.01m
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.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Balancer V1: All trading fees collected (includes swap and yield fee)View code on GitHubBalancer V2: All trading fees collected (includes swap and yield fee)View code on GitHubBalancer V3: Total fees earned from all the trades and yield in the last 24 hours.View code on GitHub
Revenue:
Balancer V1: Balancer V1 protocol fees are set to 0%View code on GitHubBalancer V2: Protocol revenue from all fees collectedView code on GitHubBalancer V3: Total revenue earned by the protocol in the last 24 hours, which is 50% of the trade fees and 10% of the yield capture.View code on GitHub
DEX Volume: Volume of all spot token swaps that go through the protocol
Development Activity
Updated at Jun 17, 2025
Weekly commits68
Monthly commits401
Weekly developers8
Monthly developers25
Last commit17/06/25 (10 days ago)
User Activity
Active Addresses (24h)168
New Addresses (24h)19
Transactions (24h)1,231
Gas Used (24h)$88.07
Hacks
Date: Aug 27, 2023
Protocol: Balancer V2
Amount: $800,000
Classification: Protocol Logic
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
SourceDate: Sep 19, 2023
Protocol: Balancer V2
Amount: $238,000
Classification: Protocol Logic
Technique: Frontend Attack
Chains: Ethereum
Target Type: DeFi Protocol
Source