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Balancer

Balancer

BAL
#885
$0.1076Down 1.63 percent($0.00)

Key Stats

Market Cap$2.81MDown 1.63 percent
Volume (24h)$41.21K
Fully Diluted Value$10.77M
Vol/Mkt Cap (24h)1.46%
Total Supply72.37M BAL
Max Supply100.00M BAL
Circulating Supply26.15M BAL
Launch Date2020-06-20
Built OnETH
Token StandardERC20
Smart Contract Address0xba10…4e3D
Decimal Places18

Balancer Information

Websites
balancer.financeWhitepaper
Industries
DeFi

Balancer Price Converter

BalancerBAL
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Latest Balancer News

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The Protocol: Ethereum faces make-or-break moment as scaling, quantum and AI pressures mount
Neutral

The Protocol: Ethereum faces make-or-break moment as scaling, quantum and AI pressures mount

Negative

Balancer Labs will shut down as corporate entity became 'a liability' after $110 million exploit

Neutral

Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds

Negative

Balancer Hit by Apparent Exploit as $110M in Crypto Moves to New Wallets

Balancer Markets

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InstrumentExchangeBenchmark DataPrice24h Change
BalancerUSD logo
BAL-USD
BAL-USD
coinbase logocoinbase
AA
0.1082USD
-1.37%
BalancerUSDT logo
BAL-USDT
BAL_USDT
gateio logogateio
A
0.1077USDT
-1.48%
BalancerUSDT logo
BAL-USDT
BAL-USDT
kucoin logokucoin
BB
0.1077USDT
-0.37%
BalancerUSD logo
BAL-USD
BALUSD
kraken logokraken
AA
0.1078USD
-1.37%
BalancerEUR logo
BAL-EUR
BALEUR
kraken logokraken
AA
0.09070EUR
0.00%

Balancer Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
BALERC20ETH0xba100000625a3754423978a60c9317c58a424e3D2020-06-20
BALERC20POL0x9a71012b13ca4d3d0cdc72a177df3ef03b0e76a32021-05-15
BALERC20ARB0x040d1edc9569d4bab2d15287dc5a4f10f56a56b82021-06-21
BALERC20OP0xFE8B128bA8C78aabC59d4c64cEE7fF28e93799212022-05-09
BALERC20BASE0x4158734d47fc9692176b5085e0f52ee0da5d47f12023-08-12

About Balancer

Balancer (BAL) is a crypto token associated with the Balancer protocol, a decentralized portfolio manager and liquidity protocol on Ethereum. It enables users to create and manage self-balancing token portfolios called liquidity pools. With customizable features like smart pools, Balancer facilitates trading, liquidity provision, and yield farming. BAL is used for governance, liquidity mining rewards, and staking for a share of trading fees. Created by a team including Mike McDonald, Fernando Martinelli, and Nikolai Mushegian.

Frequently Asked Questions

Balancer (BAL) is a cryptocurrency token that is primarily associated with the Balancer protocol. Balancer is a decentralized automated portfolio manager and liquidity protocol built on the Ethereum blockchain. It aims to provide users with a way to create and manage self-balancing token portfolios, known as liquidity pools.

The Balancer protocol is designed to enable users to create and customize liquidity pools with multiple tokens and different weights. These pools can be used for various purposes, including trading, liquidity provision, and yield farming. Balancer offers a unique feature called "smart pools," which allows users to set their own parameters for pool management, such as fees, asset allocations, and rebalancing strategies.

As for the token itself, BAL serves multiple purposes within the Balancer ecosystem. It can be used for governance, giving holders the ability to propose and vote on protocol upgrades and changes. BAL holders can also earn rewards by participating in liquidity mining programs, where they provide liquidity to specific Balancer pools and receive BAL tokens as incentives. Furthermore, BAL tokens can be staked to earn a share of the protocol's trading fees.

Balancer was created by a team of developers and researchers, including Mike McDonald, Fernando Martinelli, and Nikolai Mushegian.