Balancer
BALMulti-asset custom-weight AMM protocol
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.16% | 5.21% | 10.35% | 5.57% | 10.71% | 12.34% |
Revenue & Burn
Protocol income
$28.25KBuyback funds
$0Burn funds
--Buyback ratio
0.0%Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $28.25K | $0 | -- | 0.0% |
| Sep 2026 | $83.83K | $0 | -- | 0.0% |
| Aug 2026 | $56.78K | $0 | -- | 0.0% |
| Jul 2026 | $105.71K | $0 | -- | 0.0% |
| Jun 2026 | $53.09K | $0 | -- | 0.0% |
| May 2026 | $151.24K | $0 | -- | 0.0% |
Comparison
Tokenomics
Unlock Progress
Data source: CoinMarketCap
On-chain Holding
| Holding Token | Price | Amount | Total Value |
|---|---|---|---|
| No Data | |||
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| Balancer: Vault (f2c8) |   BAL | 30,759,640.55 | 42.5% | $3.61M |
| 0x0efc...fc89 | BAL | 3,435,806.35 | 4.75% | $403.69K |
| Coinbase 10 (3e43) | BAL | 3,243,554.49 | 4.48% | $381.1K |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | PParibuDEX | BAL/TRY | $0.1177 | -- | -- | $206,361 | 72.03% |
| 2 | BAL/USD | $0.118 | $1,754 | $3,208 | $73,440 | 25.63% | |
| 3 | KKrakenCEX | BAL/USD | $0.1174 | $668 | $29 | $2,722 | 0.95% |
| 4 | NNiza GlobalDEX | BAL/USD | $0.1174 | $314 | $14 | $706 | 0.25% |
| 5 | IIndodaxDEX | BAL/IDR | $0.1097 | -- | -- | $697 | 0.24% |
| 6 | CCoinJarDEX | BAL/AUD | $0.118 | -- | -- | $212 | 0.07% |
| 7 | CCoinJarDEX | BAL/USDC | $0.1179 | -- | -- | $212 | 0.07% |
| 8 | HHTXCEX | BAL/USDT | $0.1001 | -- | -- | $192 | 0.07% |
| 9 | UUnocoinDEX | BAL/INR | $4.31 | -- | -- | $145 | 0.05% |
| 10 | UUniswap v2DEX | BAL/WETH | $0.1189 | -- | -- | $23 | 0.01% |
Follow Updates
Follow Lists
People
About Balancer
Balancer launched in March 2020 as an automated market maker enabling customizable pool weights, introducing weighted pools and liquidity bootstrapping pools that influenced later DEX designs.
In August 2023, a precision vulnerability in V2 pools caused approximately $2.1 million in losses, marking the first major security incident. A June 2024 Velocore hack exploited Balancer V2's access control flaw, resulting in $6.8 million stolen.
The most severe attack occurred on November 3, 2025, when hackers drained $120 million from V2 pools across multiple chains, exploiting rounding errors in small-trade calculations. This incident triggered a cascade: the hacker gradually converted stolen ETH to BTC via THORChain, and law firms began investigating potential securities claims.
In March 2026, co-founder Fernando Martinelli announced Balancer Labs would cease operations, citing the hack's legal risks and unsustainable revenue. The protocol transitioned to a leaner model under the Balancer Foundation and DAO, with BAL emissions cut to zero and a buyback program initiated.
In February 2026, a legacy V1 pool was exploited via precision bugs, losing $234,000, highlighting risks of abandoned contracts. Balancer also suspended reCLAMM pools for security investigation in late 2025.
Fernando Martinelli: Co-founder and CEO of Balancer Labs. He holds a Bachelor's in Mechanical Engineering from UFSC and an MBA from Paris 1 Panthéon-Sorbonne. Previously, he co-founded PrepLounge and worked at Bain & Company.
Marcus Hardt: CEO of Balancer Labs. He holds a Bachelor's in Mechanical Engineering from UFSC. He previously worked at Porsche Consulting and Maktex, and served as Business Manager.