Total Value Locked
$850.0M
24h Volume
$95.0M
Swap Fee
0.00%
Chains Supported
6
About Balancer
Balancer reimagines liquidity pools by allowing up to 8 tokens with customizable weightings, enabling self-balancing index funds that pay you to rebalance. Founded by Fernando Martinelli and launched in March 2020, Balancer supports weighted pools (like 80/20 ETH/TOKEN), stable pools for pegged assets, and boosted pools that route idle capital to lending protocols for additional yield. The veBAL governance system mirrors Curve's model. Major protocols use Balancer for treasury management and protocol-owned liquidity, making it infrastructure for DeFi rather than just a retail DEX.
Supported Blockchains
Features
Pros & Cons
Pros
- Flexible pool configurations
- Self-balancing index portfolios
- Capital efficient boosted pools
- Strong protocol partnerships
Cons
- More complex than basic AMMs
- Smaller retail user base
- Lower volume than leaders
Fee Structure
Swap Fee 0.00%
Maker Fee Free
Taker Fee variable
Security & Info
Audited
Yes
Auditors
Trail of Bits OpenZeppelin Certora
Governance BAL
Launch Date March 31, 2020