Total Value Locked$27.29m
TVL by Chain
Ethereum$21.33m
Polygon$4.06m
Arbitrum$1.13m
Base$362,733.97
Gnosis$275,596.17
Avalanche$99,684.31
Mode$17,156.91
Fraxtal$10,399.49
Polygon zkEVM$0
Key Metrics
Fees 30d$98,770
Fees 30d by chain
Ethereum$56,721
Polygon$29,287
Base$6,994.15
Arbitrum$4,338.98
Gnosis$1,206.03
Avalanche$114.32
OP Mainnet$102.82
Mode$2.23
Fraxtal$1.72
Fees 7d$24,268
Polygon$9,800
Ethereum$6,647
Base$5,408
Arbitrum$1,955
Gnosis$404
Avalanche$28.69
OP Mainnet$23.22
Fraxtal$0.4
Mode$0.2
Fees 24h$3,851
Base$1,487
Polygon$1,277
Ethereum$841
Arbitrum$189
Gnosis$46
Avalanche$7.16
OP Mainnet$3.99
Fraxtal$0.12
Mode$0.01
Cumulative Fees$124m
Ethereum$107.71m
Polygon$7.04m
Arbitrum$3.99m
Gnosis$2.42m
Base$1.72m
OP Mainnet$744,184.46
Avalanche$342,906.83
Mode$22,673.14
Fraxtal$5,207.49
Polygon zkEVM$7
Revenue 30d$49,387
Revenue 30d by chain
Ethereum$28,362
Polygon$14,645
Base$3,498.62
Arbitrum$2,166.87
Gnosis$605
Avalanche$57.46
OP Mainnet$51.27
Mode$1.12
Fraxtal$0.89
Revenue 7d$12,132
Polygon$4,899
Ethereum$3,324
Base$2,704
Arbitrum$977
Gnosis$201.58
Avalanche$14.35
OP Mainnet$11.61
Fraxtal$0.21
Mode$0.1
Revenue 24h$1,925
Base$743
Polygon$638
Ethereum$421
Arbitrum$94
Gnosis$23
Avalanche$3.58
OP Mainnet$1.99
Fraxtal$0.06
Mode$0
Cumulative Revenue$61.94m
Ethereum$53.8m
Polygon$3.51m
Arbitrum$1.99m
Gnosis$1.21m
Base$862,364.25
OP Mainnet$372,088.85
Avalanche$171,743.71
Mode$11,339.76
Fraxtal$2,604.32
Polygon zkEVM$277
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Cumulative Holders Revenue$37.87m
Ethereum$32.97m
Polygon$2.1m
Arbitrum$1.21m
Gnosis$742,491.85
Base$510,090.42
OP Mainnet$228,630.14
Avalanche$102,479.06
Mode$6,967.25
Fraxtal$1,602.01
DEX Volume 30d$73.76m
DEX Volume 30d by chain
Polygon$47.01m
Ethereum$17.38m
Base$5.6m
Arbitrum$2.56m
Gnosis$776,533
OP Mainnet$328,941
Avalanche$96,811
Fraxtal$3,341.19
Mode$906.62
DEX Volume 7d$27.87m
Polygon$19.34m
Base$4.46m
Ethereum$2.23m
Arbitrum$1.69m
Gnosis$73,356
OP Mainnet$63,938
Avalanche$10,219
Fraxtal$795
Mode$84.93
DEX Volume 24h$3.03m
Polygon$1.45m
Base$963,717
Ethereum$445,248
Arbitrum$135,450
Gnosis$15,468
OP Mainnet$14,036
Avalanche$1,360
Fraxtal$210
Mode$3.59
Cumulative DEX Volume$100.393b
Ethereum$81.668b
Polygon$8.299b
Arbitrum$6.862b
Gnosis$2.811b
Base$451.95m
Avalanche$222.82m
Fraxtal$28.78m
Polygon zkEVM$26.03m
OP Mainnet$12.31m
Mode$11.2m
Protocol Information
Balancer is a protocol for programmable liquidity.
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 trading fees collected (includes swap and yield fee)View code on GitHubRevenue: Balancer V2 protocol collects 50% swap fees as revenue.View code on GitHubHolders Revenue: Share of revenue to veBAL holders (None after 2026-04-23)View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubYields
Pools Tracked102
Average Supply APY0.75%
Hacks
Date: Aug 27, 2023
Amount: $800,000
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Sep 19, 2023
Amount: $238,000
Classification: Frontend & Infrastructure
Technique: Frontend Compromise
Chains: Ethereum
Target Type: DeFi Protocol
Date: Nov 3, 2025
Amount: $128m
Classification: Token & Share Accounting
Technique: Rounding Error
Chains: Ethereum, Arbitrum, Base, Polygon, Sonic, Optimism
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Balancer V2's TVL?
Balancer V2 currently has $27.29m in total value locked. TVL has increased 5.7% over the past 30 days.
What chains does Balancer V2 operate on?
Balancer V2 operates on 9 chains: Polygon zkEVM, Fraxtal, Mode, Avalanche, and Gnosis and 4 others. Ethereum holds the largest share at 78.2%.
How much has Balancer V2 generated in fees and revenue?
Over the past 30 days, Balancer V2 generated $98,770 in fees. Of that, $49,387 was protocol revenue. Based on the trailing year, the annualized rate is $3.35m in fees and $1.68m in revenue.
How does Balancer V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer V2 ranks #39 by TVL. The category holds $13.282b across 1,932 protocols, and Balancer V2 accounts for 0.2% of that total. Other leading protocols include Uniswap V3, Curve DEX, SushiSwap V3, SushiSwap, Gyroscope Protocol, Archly V2, WOOFi Swap, Elk, Uniswap V4, and Uniswap V2.
How much trading volume does Balancer V2 process?
Balancer V2 processed $73.76m in DEX volume over the past 30 days.
Has Balancer V2 ever been exploited?
Balancer V2 has 3 recorded security incidents. The most recent incident occurred on Nov 3, 2025 and involved $128m. It was classified as Token & Share Accounting.