Total Value Locked$61.06m
TVL by Chain
Ethereum$41.59m
Monad$9.51m
Polygon$4.06m
Arbitrum$2.14m
Base$1.44m
Hyperliquid L1$1.07m
Avalanche$442,085
OP Mainnet$383,520
Gnosis$366,880
Plasma$34,574
Mode$17,158
Fraxtal$10,366
Polygon zkEVM$0
Key Metrics
Fees 30d$215,142
Fees 30d by chain
Ethereum$134,138
Polygon$29,287
Monad$29,249
Base$9,979.15
Arbitrum$9,096.98
Gnosis$1,311.21
Avalanche$1,177.53
OP Mainnet$698.82
Hyperliquid L1$172.28
Plasma$25.12
Mode$2.23
Fraxtal$1.72
Fees 7d$39,365
Ethereum$13,018
Polygon$9,800
Monad$6,640
Base$6,163
Arbitrum$2,805
Gnosis$418.13
Avalanche$342.98
OP Mainnet$154.22
Hyperliquid L1$14.9
Plasma$5.2
Fraxtal$0.4
Mode$0.2
Fees 24h$6,308
Base$2,077
Ethereum$1,684
Polygon$1,328
Monad$863
Arbitrum$271
Gnosis$47.23
OP Mainnet$22.42
Avalanche$13.53
Plasma$0.9
Hyperliquid L1$0.77
Fraxtal$0.12
Mode$0.01
Cumulative Fees$301.52m
Ethereum$279.01m
Polygon$7.04m
Arbitrum$5m
Base$4.32m
Gnosis$2.75m
Plasma$1.36m
Avalanche$923,950.86
OP Mainnet$858,279.56
Monad$182,752.74
Hyperliquid L1$60,722.92
Mode$22,673.14
Fraxtal$5,207.49
Polygon zkEVM$7
Revenue 30d$60,239
Revenue 30d by chain
Ethereum$33,210
Polygon$14,645
Monad$4,161
Base$3,974.98
Arbitrum$3,167.87
Gnosis$626.6
Avalanche$298.92
OP Mainnet$124.99
Hyperliquid L1$23.7
Plasma$4.11
Mode$1.12
Fraxtal$0.89
Revenue 7d$14,405
Polygon$4,899
Ethereum$4,291
Base$2,829
Arbitrum$1,148
Monad$915
Gnosis$203.96
Avalanche$88.2
OP Mainnet$26.67
Hyperliquid L1$2.55
Plasma$0.8
Fraxtal$0.21
Mode$0.1
Revenue 24h$2,497
Base$996
Polygon$664
Ethereum$576
Monad$120
Arbitrum$108
Gnosis$23.34
Avalanche$4.59
OP Mainnet$4.23
Hyperliquid L1$0.19
Plasma$0.12
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$459,749.86
OP Mainnet$390,529.13
Avalanche$289,240.92
Monad$22,584.49
Hyperliquid L1$16,699.83
Mode$11,339.77
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
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
$60,194.55
$14,404.9
$2,497
-$352m
DEX Volume 30d$263.59m
DEX Volume 30d by chain
Monad$128.36m
Ethereum$68.14m
Polygon$47.01m
Arbitrum$7.97m
Base$7.46m
Avalanche$2.2m
Gnosis$1.3m
OP Mainnet$577,012
Hyperliquid L1$520,574
Plasma$45,137
Fraxtal$3,341.19
Mode$906.62
DEX Volume 7d$62.15m
Monad$26.35m
Polygon$19.34m
Ethereum$8.35m
Base$4.94m
Arbitrum$2.56m
Avalanche$346,990
Gnosis$111,644
OP Mainnet$93,974
Hyperliquid L1$49,861
Plasma$5,497
Fraxtal$795
Mode$84.93
DEX Volume 24h$8.69m
Monad$3.89m
Polygon$1.86m
Base$1.34m
Ethereum$1.29m
Arbitrum$185,534
Avalanche$67,521
Gnosis$24,251
OP Mainnet$17,612
Hyperliquid L1$5,893
Plasma$265
Fraxtal$235
Mode$4.36
Cumulative DEX Volume$133.327b
Ethereum$109.896b
Polygon$8.299b
Arbitrum$7.554b
Gnosis$2.988b
Base$2.364b
Plasma$924.69m
Avalanche$647.32m
Monad$521.02m
Hyperliquid L1$35.46m
OP Mainnet$31.82m
Fraxtal$28.78m
Polygon zkEVM$26.03m
Mode$11.2m
Market Cap$7.56m
$BAL Price$0.11
$7.84m
$7.84m
$BAL Volume 24h$289,486
CEX Volume$243,564.75
DEX Volume$40,879.45(14.12% 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 Tracked234
Average Supply APY8.18%
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 $61.06m in total value locked. TVL has increased 4.4% 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 68.1%.
How much has Balancer generated in fees and revenue?
Over the past 30 days, Balancer generated $215,142 in fees. Of that, $60,239 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 $7.56m, ranking it #1,668. Its fully diluted valuation is $7.84m. Supply currently stands at 69.79m circulating, 72.37m total supply, 96.15m maximum supply.
How has BAL performed recently?
BAL is down 1.4% over the past 7 days and up 3.9% 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 $13.241b 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 $263.59m 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.