Logo of Balancer V1Balancer V1(BAL)
Total Value Locked$5.54m

TVL by Chain

Ethereum$5.54m

Key Metrics

Fees 30d$47,902
Fees 30d by chain

Ethereum$47,902

Cumulative Fees$167.41m

Ethereum$167.41m

Revenue 30d$0
Revenue 30d by chain

Ethereum$0

Cumulative Revenue$0

Ethereum$0

Holders Revenue 30d$0
Holders Revenue 30d by chain

Ethereum$0

Cumulative Holders Revenue$0

Ethereum$0

DEX Volume 30d$12.87m
DEX Volume 30d by chain

Ethereum$12.87m

Cumulative DEX Volume$7.232b

Ethereum$7.232b

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 protocol for programmable liquidity.

WebsiteTwitter
Category:Dexs

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 swap fees collected from trades across Balancer V1 poolsView code on GitHubRevenue: Balancer V1 takes no protocol fee, so protocol revenue is zeroView code on GitHubHolders Revenue: Money going to governance token holdersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHub

Hacks

Date: Aug 30, 2026

Amount: $234,000

Classification: Token & Share Accounting

Technique: Rounding Error

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

PancakeSwap AMM ($1.933b)Uniswap V3 ($1.589b)Curve DEX ($1.283b)Uniswap V4 ($1.112b)Uniswap V2 ($986.02m)PancakeSwap AMM V3 ($322.75m)Fluid DEX ($316.61m)THORChain DEX ($55.63m)SushiSwap V3 ($43.57m)Lista DEX ($40.55m)

Frequently Asked Questions

What is Balancer V1's TVL?

Balancer V1 currently has $5.54m in total value locked. TVL has decreased 10.6% over the past 30 days.

What chains does Balancer V1 operate on?

Balancer V1 operates on Ethereum. Ethereum holds the largest share at 100%.

How much has Balancer V1 generated in fees and revenue?

Over the past 30 days, Balancer V1 generated $47,902 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $248,620.68 in fees.

How does Balancer V1's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, Balancer V1 ranks #110 by TVL. The category holds $13.335b across 1,933 protocols, and Balancer V1 accounts for <0.1% of that total. Other leading protocols include PancakeSwap AMM, Uniswap V3, Curve DEX, Uniswap V4, Uniswap V2, PancakeSwap AMM V3, Fluid DEX, THORChain DEX, SushiSwap V3, and Lista DEX.

How much trading volume does Balancer V1 process?

Balancer V1 processed $12.87m in DEX volume over the past 30 days.

Has Balancer V1 ever been exploited?

Balancer V1 has 1 recorded security incident. The most recent incident occurred on Aug 30, 2026 and involved $234,000. It was classified as Token & Share Accounting.