Liquidity providers deposit funds into Balancer and receive trading fees from traders (supply-side fees).

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

BAL tokenholders own and govern the protocol. They 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.

governance

github

twitter

discord

etherscan

website

Exchanges (DEX)

Balancer

Key metrics

Composition by contract

Composition by chain

Competitive landscape

Financial statement

Data table

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Balancer - Financial statement