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Balancer Overview
24h High
$0.16
24h Low
$0.15
24h Change
-2.23%
7d Change
-1.50%
30d Change
-1.70%
Volume 24h
$127.32K
Market Cap
$4.01M
Circulating Supply
26.15M BAL
Balancer News
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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.
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.
Balancer Markets
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Balancer Platforms
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Balancer Market Data
The live Balancer price today is $0.15 USD with a 24-hour trading volume of $127,322.28 USD. We update our BAL to USD price in real-time. Balancer is down 2.23% in the last 24 hours.
The current market cap is $4,008,315.56 USD, ranking #826 by market capitalization. The circulating supply is 26,147,760 BAL out of a max supply of 100,000,000 BAL.