infoBalancerBAL
Key Metrics
Balancer Price
$6.97
1.65%
Change 1w
2.31%
24h Volume
$5,697,346
9.85%
Market Cap
$270,276,573
#124
Circulating Supply
39,201,636 40.77%
Historical prices (in USDT)
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Featured Article

Balancer (BAL)

The Multi-Asset Automated Market Maker (AMM) Decentralized Solution.

Balancer (BAL) Fact Sheet

  • Balancer is an automated market maker (AMM) decentralized exchange (DEX) and liquidity pool protocol that was built on top of the Ethereum (ETH) blockchain and aimed to let all and any of its users provide liquidity for multiple assets simultaneously.
  • Balancer stands out when compared to competing options out there due to the fact that it allows for custom ratios of assets for each pool.
  • All of the pools that are available on Balancer can set their own customized trading fees, which reward the liquidity providers that risk experiencing impermanent loss due to the fluctuation within the value of the assets that are held in the pool.
  • The native cryptocurrency that is used to power Balancer is known as BAL, and BAL is used as a governance token that aids in the project’s implementation of new features as well as for the issuance of rewards and whitelisted pools for liquidity mining.

BAL Historical Data Price Chart in the U.S. Dollars (USD)

Balancer (BAL) Historical Data Price Chart in the U.S. Dollars (USD). Source: TradingView

What is Balancer (BAL)?

Balancer is an automated market maker (AMM) that was purpose-built to enable users the ability to create liquidity pools that feature up to a total of eight different tokens within any ratio.


Automated Market Makers (AMMs) are a representation of a core technology surrounding the decentralized finance (DeFi) ecosystem, and they

Available market pairs for Balancer
No available market pairs
Balancer info
Last Update2/6/2023
Contracts
infoethereum
0xba10000…a424e3d
infopolygon-pos
0x9a71012…b0e76a3