Balancer
BAL Price
How is the price of Balancer (BAL) calculated?
The price of Balancer (BAL) is calculated in real-time by aggregating the latest data across 77 exchanges and 148 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Balancer Price Chart (BAL)
1h | 24h | 7d | 14d | 30d | 1y |
---|---|---|---|---|---|
0.1% | 3.5% | 1.2% | 6.5% | 1.5% | 29.9% |
BAL Converter
Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$160,507,004 |
---|---|
Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.92 |
Market Cap / TVL Ratio
Ratio of market capitalization over total value locked of this asset. A ratio of more than 1.0 refers to its market cap being greater than its total value locked.
MC/TVL is used to approximate a protocol’s market value vs. the amount in assets it has staked/locked. |
0.15 |
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$173,839,419 |
Fully Diluted Valuation / TVL Ratio
Ratio of fully diluted valuation (FDV) over total value locked (TVL) of this asset. A ratio of more than 1.0 means that the FDV is greater than its TVL.
FDV/TVL is used to approximate a protocol’s fully diluted market value vs. the amount in assets it has staked/locked. |
0.16 |
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$11,971,846 |
Total Value Locked (TVL)
Capital deposited into the platform in the form of loan collateral or liquidity trading pool.
Data provided by Defi Llama |
$1,079,490,998 |
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
61,708,774
|
Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
66,834,575 |
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
96,150,704 |
BAL Historical Price
24h Range | $2.58 – $2.74 |
---|---|
7d Range | $2.49 – $3.22 |
All-Time High |
$74.45
96.5%
May 04, 2021 (over 3 years)
|
All-Time Low |
$1.55
68.2%
Aug 05, 2024 (6 months)
|
How do you feel about BAL today?
What is Balancer?
Balancer is a DeFi protocol that provides permissionless technology to streamline AMM development for developers and empower liquidity providers with an ever-expanding DEX product suite.
This is made possible by unique ‘Vault’ architecture that formally defines the requirements of a custom pool and shifts core design patterns out of the pool into a separate ‘singleton contract’. With both internally developed pool types such as Weighted Pools, Boosted Pools, and LVR mitigating stableswaps, and also externally developed pools such as Elliptical Concentrated Liquidity, CoW AMMs, and FxPools, Balancer has arisen to be a focal source of fungible, yield-bearing, and MEV-mitigated liquidity.
Why is Balancer useful?
Balancer, unlike other AMMs with fixed pool types, Balancer allows permissionless iteration and complete reconstruction of pool designs. This unique flexibility empowers teams like Gyroscope, CoW Swap, and Xave to develop and deploy novel AMMs that are recognized by aggregators and seamlessly integrated and adopted within the DeFi landscape.
With the continuous addition of new custom pool types, such as ve8020 governance tokenomics, boosted pools, LVR mitigating stableswaps, CoW AMM MEV-mitigating pools, and passive, elliptical concentrated liquidity pools Balancer continues to play an ongoing and evolving role in the onchain liquidity landscape.
How does Balancer work?
The Balancer protocol architecture comprises three primary components (Router, Vault and Pool), each strategically designed to enhance flexibility and minimize the intricacies involved in constructing custom pools. Read more about Router, Vault and Pool here.
On top of the basic workflow, pools can be extended with standalone hooks contracts that can be leveraged at different stages of the pool's lifecycle. By utilizing hooks, developers can customize and enhance the functionality of pools, enabling the integration of features like oracles or time-weighted average market maker capabilities. See hooks article for more detailed information.
What is BAL and veBAL?
Balancer Governance Token (BAL) is the core token behind the Balancer protocol.
veBAL (vote-escrowed BAL/ETH 8020 Pool) is an extension of BAL and is used for voting in decentralized governance, directing BAL emissions to pools, and represents a single position that benefits from the protocol's fee mechanisms, as well as external voting incentives via the bribe market.
By locking the BAL/WETH 80/20 BPT, holders are given veBAL, entitling them to governance rights and protocol fee collection. A user's veBAL balance is directly proportional to the amount of BAL/WETH 80/20 BPT locked and the duration of time left in the lock period. In short, if a user locks 1 BPT for 52 weeks, they will receive the same amount of “vote escrowed” strength as someone who locks 2 BPT for 26 weeks.
Where can you buy Balancer?
BAL tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Balancer is LBank, where the most active trading pair BAL/USDT has a trading volume of $997,802.95 in the last 24 hours. Other popular options include HTX and Hotcoin.
What is the daily trading volume of Balancer (BAL)?
The trading volume of Balancer (BAL) is $11,968,590.59 in the last 24 hours, representing a -19.40% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Balancer (BAL)?
The highest price paid for Balancer (BAL) is BTC0.003192, which was recorded on May 04, 2021 (over 3 years). Comparatively, the current price is -96.50% lower than the all-time high price.
What is the all-time low for Balancer (BAL)?
The lowest price paid for Balancer (BAL) is BTC0.00002246, which was recorded on Aug 05, 2024 (6 months). Comparatively, the current price is 68.20% higher than the all-time low price.
What is the market cap of Balancer (BAL)?
Market capitalization of Balancer (BAL) is BTC1,568.8717 and is ranked #412 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BAL tokens (62 Million tokens are tradable on the market today).
What is the fully diluted valuation of Balancer (BAL)?
The fully diluted valuation (FDV) of Balancer (BAL) is BTC1,699.1891. This is a statistical representation of the maximum market cap, assuming the maximum number of 96 Million BAL tokens are in circulation today. Depending on how the emission schedule of BAL tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Balancer compare against its peers?
With a price increase of 1.20% in the last 7 days, Balancer (BAL) is outperforming the global cryptocurrency market which is up 0.80%, while outperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.
How to add Balancer (BAL) to MetaMask?
Adding Balancer (BAL) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import BAL as a token. You can copy BAL’s contract address (0xba100000625a3754423978a60c9317c58a424e3d) and import it manually, or if you've installed MetaMask's chrome extension, add BAL to MetaMask with one click on CoinGecko.
Add BAL to MetaMask.