Projects

Balancer - Logo

Balancer (BAL)

Exchanges (DEX)

Price

~$3.5064

Live

ATH

$72.46

3.0y ago

ATL

$2.97

202d ago

Chains

7 chains

7d price -5.4%

30d price -26.0%

90d price -3.1%

180d price -6.7%

Learn more

What is Balancer?

Balancer is a non-custodial exchange protocol built on Ethereum. Balancer was founded by Fernando Martinelli and launched in 2018.

How does Balancer work?

Liquidity providers deposit funds into Balancer and receive trading fees from traders (supply-side fees). In addition, Balancer provides liquidity providers with additional yield using boosted pools.

Who governs Balancer?

BAL tokenholders own and govern the protocol. They currently take a cut of the total trading and yield fees (revenue). Balancer's investors include DeFiance Capital, Three Arrows Capital, Alameda Research, etc.

Related posts

RevenueBalancer's share of trading and yield fees$10Connects liquidity providers and tradersSupply-side feesLiquidity providers' share of trading and yield fees$90Liquidity providersFeesTrading fees$100Traders
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.