Balancer V2(BAL)
Total Value Locked$19.35m
TVL by Chain
Ethereum$14.8m
Polygon$2.65m
Arbitrum$1.16m
Base$363,194
Gnosis$222,737
Avalanche$133,278
Mode$19,167
Fraxtal$10,299
Polygon zkEVM$0
Key Metrics
Fees 30d$154,680
Fees 30d by chain
Polygon$62,938
Ethereum$62,417
Base$22,211
Arbitrum$5,543
Gnosis$959.20
Avalanche$404.14
OP Mainnet$197.46
Mode$7.89
Fraxtal$1.74
Fees 7d$31,617
Polygon$16,654
Ethereum$12,705
Arbitrum$1,752
Base$254.59
Gnosis$152
OP Mainnet$53.33
Avalanche$42.26
Mode$2.89
Fraxtal$0.34
Fees 24h$6,191
Polygon$3,404
Ethereum$2,224
Arbitrum$433
Base$83
Gnosis$21
Avalanche$18
OP Mainnet$6.99
Mode$0.88
Fraxtal$0.08
Cumulative Fees$124.14m
Ethereum$107.77m
Polygon$7.1m
Arbitrum$4m
Gnosis$2.42m
Base$1.74m
OP Mainnet$744,375
Avalanche$343,310
Mode$22,682
Fraxtal$5,209
Polygon zkEVM$7
Revenue 30d$77,336
Revenue 30d by chain
Polygon$31,469
Ethereum$31,206
Base$11,104
Arbitrum$2,771
Gnosis$481.34
Avalanche$202.01
OP Mainnet$97.66
Mode$3.96
Fraxtal$0.85
Revenue 7d$15,805
Polygon$8,326
Ethereum$6,351
Arbitrum$875
Base$127.26
Gnosis$77.19
OP Mainnet$26.16
Avalanche$21.16
Mode$1.44
Fraxtal$0.17
Revenue 24h$3,095
Polygon$1,702
Ethereum$1,112
Arbitrum$217
Base$41
Gnosis$10
Avalanche$8.95
OP Mainnet$3.50
Mode$0.44
Fraxtal$0.04
Cumulative Revenue$62.01m
Ethereum$53.83m
Polygon$3.54m
Arbitrum$2m
Gnosis$1.21m
Base$870,726
OP Mainnet$372,183
Avalanche$171,945
Mode$11,344
Fraxtal$2,605
Polygon zkEVM$277
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
Base$0
Ethereum$0
Fraxtal$0
Gnosis$0
Mode$0
OP Mainnet$0
Polygon$0
Cumulative Holders Revenue$37.91m
Ethereum$33m
Polygon$2.11m
Arbitrum$1.21m
Gnosis$742,595
Base$510,651
OP Mainnet$228,630
Avalanche$102,650
Mode$6,967
Fraxtal$1,602
Polygon zkEVM$170.35
DEX Volume 30d$154.07m
DEX Volume 30d by chain
Polygon$108.77m
Base$21.23m
Ethereum$19.42m
Arbitrum$3.74m
Gnosis$440,810
OP Mainnet$370,538
Avalanche$96,470
Fraxtal$3,307
Mode$3,172
DEX Volume 7d$35.32m
Polygon$31.29m
Ethereum$3.11m
Arbitrum$623,594
OP Mainnet$105,374
Gnosis$96,612
Base$65,003
Avalanche$26,224
Mode$1,223
Fraxtal$639
DEX Volume 24h$7.16m
Polygon$6.5m
Ethereum$421,310
Arbitrum$165,358
OP Mainnet$36,346
Base$20,503
Gnosis$14,903
Avalanche$2,348
Mode$349
Fraxtal$143
Cumulative DEX Volume$100.539b
Ethereum$81.686b
Polygon$8.405b
Arbitrum$6.865b
Gnosis$2.812b
Base$468.95m
Avalanche$222.91m
Fraxtal$28.78m
Polygon zkEVM$26.03m
OP Mainnet$12.68m
Mode$11.2m
Protocol Information
Balancer is a protocol for programmable liquidity.
Sub Category: Weighted Pool AMM
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All trading fees collected (includes swap and yield fee)View code on GitHubRevenue: Balancer V2 protocol collects 50% swap fees as revenue.View code on GitHubHolders Revenue: Share of revenue to veBAL holders (None after 2026-04-23)View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubYields
Pools Tracked99
Average Supply APY2.22%
Hacks
Date: Aug 27, 2023
Amount: $800,000
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Sep 19, 2023
Amount: $238,000
Classification: Frontend & Infrastructure
Technique: Frontend Compromise
Chains: Ethereum
Target Type: DeFi Protocol
Date: Nov 3, 2025
Amount: $128m
Classification: Token & Share Accounting
Technique: Rounding Error
Chains: Ethereum, Arbitrum, Base, Polygon, Sonic, Optimism
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Balancer V2's TVL?
Balancer V2 currently has $19.35m in total value locked. TVL has decreased 30.6% over the past 30 days.
What chains does Balancer V2 operate on?
Balancer V2 operates on 10 chains: Ethereum, Polygon, Arbitrum, Base, and Gnosis and 5 others. Ethereum holds the largest share at 76.5%.
How much has Balancer V2 generated in fees and revenue?
Over the past 30 days, Balancer V2 generated $154,680 in fees. Of that, $77,336 was protocol revenue. Based on the trailing year, the annualized rate is $2.91m in fees and $1.45m in revenue.
How does Balancer V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Balancer V2 ranks #50 by TVL. The category holds $14.093b across 1,939 protocols, and Balancer V2 accounts for 0.1% of that total. Other leading protocols include Curve DEX, SushiSwap V3, SushiSwap, Gyroscope Protocol, Archly V2, Uniswap V3, WOOFi Swap, Elk, Uniswap V4, and Uniswap V2.
How much trading volume does Balancer V2 process?
Balancer V2 processed $154.07m in DEX volume over the past 30 days.
Has Balancer V2 ever been exploited?
Balancer V2 has 3 recorded security incidents. The most recent incident occurred on Nov 3, 2025 and involved $128m. It was classified as Token & Share Accounting.