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Market information
Price history
Information
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BAL Price Today
The live Balancer price today is $1.6521 with a 24-hour trading volume of $4,804,440.85. Balancer is -2.77% in the last 24 hours.The current MyToken ranking is #200 ,with a live market cap of $93,551,062.31 . It has a circulating supply of 56,624,135 BAL and a max supply of 96,150,704 BAL.
What Is Balancer?
Balancer is an AMM (automated market making) protocol similar to Uniswap that allows for the creation of flexible pools of liquidity that constantly adjust themselves. These pools of liquidity can contain multiple tokens with different weights, as well as customizable transaction fees. A Balancer pool can be thought of as an index fund in which liquidity providers are paid without having to pay maintenance fees, as in traditional finance.
Balancer has many differences compared to Uniswap which is completely decentralized. The first is that a liquidity pool can support up to eight currencies, while Uniswap can only support two. Secondly, each currency can be weighted so that there is no need to ensure that each currency in the pool has the same dollar value as Uniswap, which is convenient for market makers. But it also leads to the difference in the rate of change of price in the two directions of buying and selling. Finally, unlike Uniswap, which is completely decentralized, the creator of the Balancer liquidity pool has the authority to modify the transaction fees (0.0001%-10%), but in terms of income, all liquidity providers are the same.
Two types of pools can be created, public and private. Public pools have fixed weights and fees that allow anyone to put assets into the pool, while private pools allow creators to change parameters and cannot accept outside funding. Balancer also allows pools to be owned by smart contracts, allowing more sophisticated logic to dynamically adjust weights and fees. Because of these flexible parameters, Balancer has a typical pool template, Can benefit both traders and token holders. Some examples of the types of pools that dynamic balancer pools might use include:
Who is the team at Balancer?
Who are the investment institutions in Balancer?
What are some of the most popular cryptocurrencies?
Search and recommend on-chain for you through MyToken, and we have sorted out the most popular cryptocurrencies on the market for you,Go to the Cryptocurrency Trending
Base data
Balancer Related Information
![](https://cdn.mytoken.org/out/hot_news.png)
Aave DAO carries out $1 million treasury swap with Balancer
![](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/46c3ae23-cb73-4ab3-b91a-eaa955b71b4e.jpg)
Balancer says $2.8M still at risk after vulnerability warning
![](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/066c6b37-adc3-4b92-af54-146112fcc009.jpg)
Balancer exploited in nearly $900k after vulnerability warning
Pairs
Rank | Source | Pair | Price | 24h | Volume(24H) | Trading Percent | Updated | ||||
---|---|---|---|---|---|---|---|---|---|---|---|
1 | Binance | BAL/USDT | 1.6470 | -3.06% | $657,077.21 | 8.3963% | 2024-09-08 00:33:30 | ||||
![]() | 2 | ![]() | Coinbase Pro | BAL/USD | $1.66 | -1.78% | $70,828.38 | 0.9051% | 2024-09-08 00:32:35 | ||
![]() | 3 | ![]() | OKX | BAL/USDT | 1.6470 | -2.83% | $65,050.9 | 0.8312% | 2024-09-08 00:32:51 | ||
![]() | 4 | ![]() | Bitget | BAL/USDT | 1.6532 | -2.56% | $62,997.03 | 0.8050% | 2024-09-08 00:31:56 | ||
![]() | 5 | ![]() | BingX | BAL/USDT | 1.6500 | -2.83% | $30,091.14 | 0.3845% | 2024-09-08 00:32:49 | ||
6 | CoinW | BAL/USDT | 1.6828 | 0.61% | $24,222.07 | 0.3095% | 2024-09-08 00:32:43 | ||||
7 | Bitfinex | BAL/USD | $1.66 | -2.79% | $21,192.59 | 0.2708% | 2024-09-08 00:33:06 | ||||
![]() | 8 | ![]() | MEXC | BAL/USDT | 1.6510 | -2.77% | $15,063.46 | 0.1925% | 2024-09-08 00:33:13 | ||
9 | Kraken | BAL/USD | $1.67 | -1.76% | $8,086.58 | 0.1033% | 2024-09-08 00:23:05 | ||||
10 | Kraken | BAL/EUR | 1.5500 | 3.33% | $7,600.46 | 0.0971% | 2024-09-08 00:23:05 | ||||
11 | Binance | BAL/BTC | 0.00003070 | -2.54% | $7,591.32 | 0.0970% | 2024-09-08 00:30:16 | ||||
![]() | 12 | ![]() | Gate.io | BAL/USDT | 1.6540 | -2.13% | $5,290.12 | 0.0676% | 2024-09-08 00:33:35 |
Trading platform transaction information
Trading Percent
Exchange | Volume(24H) | Trading Percent | |||
---|---|---|---|---|---|
![]() | ![]() | OKX | $65,108.04 | 2.1549% | Visit |
Binance | $664,668.54 | 21.9988% | Visit | ||
![]() | ![]() | Coinbase Pro | $73,553.89 | 2.4344% | Visit |
Bitfinex | $21,192.59 | 0.7014% | Visit | ||
Kraken | $16,539.1 | 0.5474% | Visit | ||
![]() | ![]() | Gate.io | $5,292.41 | 0.1752% | Visit |
![]() | ![]() | KuCoin | $2,940.74 | 0.0973% | Visit |
![]() | ![]() | Crypto.com Exchange | $548.95 | 0.0182% | Visit |
![]() | ![]() | Bitget | $62,997.03 | 2.0850% | Visit |
![]() | ![]() | MEXC | $15,592.14 | 0.5161% | Visit |
![]() | ![]() | BingX | $30,091.14 | 0.9959% | Visit |