Balancer (BAL) exchange rate

Price for today
USD 10.56
-8.72% arrow up
BTC 0.00079950
arrow up
Market Cap
$ 73 325 865.73
Volume (24h)
$ 62 233 763.42

About Balancer

Balancer is an automated market making protocol launched in March 2020. The protocol operates on a model similar to that used by decentralized exchanges like Uniswap. Balancer is a non-custodial portfolio manager, liquidity provider and price gauge. According to Defipulse, Balancer has already entered the top 5 largest DeFi protocols. The volume of funds blocked for the protocol reached $ 62.8 million. During the day, this value increased by 42.22%. Balancer allows users to create pools of tokens that are automatically rebalanced and tokenize those pools. Balancer has introduced its own coins that are shared between all stakeholders with a special procedure called liquidity distribution.


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