Total Value Locked$62.1m
TVL by Chain
Ethereum$41.57m
Monad$10.51m
Polygon$4.08m
Arbitrum$2.14m
Base$1.47m
Hyperliquid L1$1.07m
Avalanche$441,988
OP Mainnet$383,794
Gnosis$364,681
Plasma$34,523
Mode$17,147
Fraxtal$10,396
Polygon zkEVM$0
Key Metrics
Fees 30d$214,444
Fees 30d by chain
Ethereum$134,106
Monad$29,226
Polygon$29,156
Base$9,473.15
Arbitrum$9,080.98
Gnosis$1,320.4
Avalanche$1,178.36
OP Mainnet$698.23
Hyperliquid L1$172.25
Plasma$25.04
Mode$2.23
Fraxtal$1.72
Fees 7d$38,667
Ethereum$12,986
Polygon$9,669
Monad$6,617
Base$5,657
Arbitrum$2,789
Gnosis$427.32
Avalanche$343.81
OP Mainnet$153.63
Hyperliquid L1$14.87
Plasma$5.12
Fraxtal$0.4
Mode$0.2
Fees 24h$5,610
Ethereum$1,652
Base$1,571
Polygon$1,197
Monad$840
Arbitrum$255
Gnosis$56.42
OP Mainnet$21.83
Avalanche$14.36
Plasma$0.82
Hyperliquid L1$0.74
Fraxtal$0.12
Mode$0.01
Cumulative Fees$301.51m
Ethereum$279m
Polygon$7.04m
Arbitrum$5m
Base$4.32m
Gnosis$2.75m
Plasma$1.36m
Avalanche$923,937.44
OP Mainnet$858,256.89
Monad$181,809.74
Hyperliquid L1$60,721.59
Mode$22,673.13
Fraxtal$5,207.37
Polygon zkEVM$7
Revenue 30d$59,868
Revenue 30d by chain
Ethereum$33,163
Polygon$14,579
Monad$4,159
Base$3,721.98
Arbitrum$3,160.87
Gnosis$630.64
Avalanche$299.13
OP Mainnet$124.73
Hyperliquid L1$23.69
Plasma$4.1
Mode$1.12
Fraxtal$0.89
Revenue 7d$14,034
Polygon$4,833
Ethereum$4,244
Base$2,576
Arbitrum$1,141
Monad$913
Gnosis$208
Avalanche$88.41
OP Mainnet$26.41
Hyperliquid L1$2.54
Plasma$0.79
Fraxtal$0.21
Mode$0.1
Revenue 24h$2,126
Base$743
Polygon$598
Ethereum$529
Monad$118
Arbitrum$101
Gnosis$27.38
Avalanche$4.8
OP Mainnet$3.97
Hyperliquid L1$0.18
Plasma$0.11
Fraxtal$0.06
Mode$0.01
Cumulative Revenue$64.51m
Ethereum$54.57m
Polygon$3.51m
Arbitrum$2.16m
Base$1.79m
Gnosis$1.28m
Plasma$459,749.73
OP Mainnet$390,524.82
Avalanche$289,236.47
Monad$22,454.49
Hyperliquid L1$16,699.5
Mode$11,339.76
Fraxtal$2,604.26
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$1.48m
$44.45
$0.1
$0
$416.5m
Earnings (Annualized)$1.86m
$59,823.55
$14,033.9
$2,126
-$352m
DEX Volume 30d$264.26m
DEX Volume 30d by chain
Monad$128.18m
Ethereum$68.1m
Polygon$47.72m
Arbitrum$7.98m
Base$7.63m
Avalanche$2.2m
Gnosis$1.3m
OP Mainnet$577,177
Hyperliquid L1$520,540
Plasma$45,133
Fraxtal$3,347.19
Mode$906.62
DEX Volume 7d$62.81m
Monad$26.17m
Polygon$20.05m
Ethereum$8.31m
Base$5.11m
Arbitrum$2.56m
Avalanche$348,229
Gnosis$113,664
OP Mainnet$94,139
Hyperliquid L1$49,827
Plasma$5,493
Fraxtal$801
Mode$84.93
DEX Volume 24h$9.35m
Monad$3.71m
Polygon$2.57m
Base$1.52m
Ethereum$1.26m
Arbitrum$188,877
Avalanche$68,760
Gnosis$26,271
OP Mainnet$17,777
Hyperliquid L1$5,859
Plasma$261
Fraxtal$241
Mode$4.36
Cumulative DEX Volume$133.317b
Ethereum$109.894b
Polygon$8.298b
Arbitrum$7.554b
Gnosis$2.988b
Base$2.363b
Plasma$924.69m
Avalanche$647.25m
Monad$514.59m
Hyperliquid L1$35.45m
OP Mainnet$31.81m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.68m
$BAL Price$0.11
$7.97m
$7.97m
$BAL Volume 24h$288,134
CEX Volume$248,621.83
DEX Volume$42,538.03(14.76% 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 V3Dexs
- Balancer V2Dexs
- Balancer V1Dexs
- Balancer CoW AMMDexs
Yields
Pools Tracked240
Average Supply APY7.93%
User Activity
Active Addresses (24h)19
New Addresses (24h)3
Transactions (24h)269
Gas Used (24h)28 ETH
Gas Cost (24h)$3.06
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 $62.1m in total value locked. TVL has increased 6.2% 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 66.9%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $214,444 in fees. Of that, $59,868 was protocol revenue. Based on the trailing year, the annualized rate is $9.76m in fees and $3.34m in revenue.
What is the BAL token price and valuation?
BAL is currently trading at $0.11. Its circulating market capitalization is $7.68m, ranking it #1,669. Its fully diluted valuation is $7.97m. Supply currently stands at 69.79m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is up 0.7% over the past 7 days and up 4.5% 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 #22 by TVL. The category holds $13.238b across 1,929 protocols, and Balancer accounts for 0.5% 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 $264.26m 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.