Circulating market cap
Fully diluted market cap
Total value locked
P/F ratio (fully diluted)
Trading volume (annualized)
P/S ratio (fully diluted)
Daily active users (30d average)
Active developers (30d average)
Code commits (30d sum)
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).
Who governs Balancer
BAL tokenholders own and govern the protocol. They do not currently take a cut of the total trading fees paid by traders (revenue). Balancer's investors include DeFiance Capital, Three Arrows Capital, Alameda Research, etc.
Daily fully diluted market cap vs. daily fees in the past 180 days.
|Fully diluted market cap||+4.8%||+0.4%||+12.0%||-2.8%||-39.9%||-73.5%|