Coinbase
How to Buy Balancer
Good news! You can buy Balancer on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Balancer.
Read more

Balancer (BAL) is an Ethereum token that powers the Balancer protocol, an automated market maker that lets anyone create or add liquidity to trading pools while earning customizable trading fees. Balancer pools can have up to 8 tokens and each token can be individually weighted within the pool, such that one token can make up as little as 2% of the total.
Get up to $200 for getting started
Market Stats
Market Cap
$54,923,735.86
FDV
$83,872,085.33
Circulating Supply
62,964,404.058 BAL
Max Supply
96,150,704 BAL
Total Supply
67,972,065.421 BAL
Total Value Locked
$588,921,121.03
Performance
Popularity
#449
Dominance
0%
Volume (24H)
$22,188,287.93
1.63%
Volume (7D)
$147,007,454.68
Volume (30D)
$580,311,854.45
All time high
$75.00
Overall Price Change (1Y)
-0.78%
The price of Balancer has decreased by 2.59% in the last hour and increased by 3.56% in the past 24 hours. Balancer’s price has also fallen by 17.39% in the past week. The current price is $0.87 per BAL with a 24-hour trading volume of $22.19M. Currently, Balancer is valued at 98.84% below its all time high of $75.00. This all-time high was the highest price paid for Balancer since its launch. The current circulating supply of Balancer is 62,964,404.058 BAL which means that Balancer has as total market cap of $54,923,735.86.
BAL vs markets
↘ 81.24%
BAL vs BTC
↘ 83.29%
BAL vs ETH
↘ 57.64%
Tags
decentralized-exchange-dex-token
defi
dao
yield-farming
+2
Network | Address | |
---|---|---|
Base | 0x4158734D47Fc9692176B5085E0F52ee0Da5d47F1 | |
Ethereum | 0xba100000625a3754423978a60c9317c58a424e3D | |
Polygon | 0x9a71012B13CA4d3D0Cdc72A177DF3ef03b0E76A3 | |
Optimism | 0xFE8B128bA8C78aabC59d4c64cEE7fF28e9379921 |
Time | Price | Change |
---|---|---|
Today | $0.87 | ↗ 3.56% |
1 Day | $0.84 | ↗ 3.56% |
1 Week | $1.06 | ↘ 17.39% |
1 Month | $1.46 | ↘ 40.20% |
1 Year | $3.92 | ↘ 77.74% |
Balancer (BAL) is an automated market maker (AMM) protocol that operates on the Ethereum blockchain. Launched in March 2020, Balancer strives to function as a self-balancing weighted portfolio, price sensor, and liquidity provider. It allows users to receive compensation through its native token, BAL, by contributing to customizable liquidity pools. Balancer was not initially launched with a native token, but in June 2020, the BAL governance token was introduced to encourage liquidity provision and decentralization. Balancer's unique feature is that it allows liquidity providers to have up to eight assets per market, which are weighted by percentage and rebalanced automatically.
Balancer operates several types of pools: private pools, shared pools, and smart pools. Private pools give the owner governance over the pool, making them the sole contributor of liquidity. Shared pools are designed for those who want to become liquidity providers (LPs), who are compensated with Balancer Pool Tokens (BPTs). Smart pools are similar to private pools but are controlled by a smart contract, allowing anyone to contribute liquidity. Balancer's unique feature is that it allows users to decide how much of a supported asset they wish to deposit, rather than requiring a 50% deposit of the desired asset.
Balancer's primary use case is to provide a platform for users to receive compensation by contributing to liquidity pools. It also offers a unique feature that allows more than one token to be added to a pool, and Ethereum (ETH) is not required. This flexibility makes Balancer a versatile tool in the decentralized finance (DeFi) space. Balancer also strives to offer potential benefits on assets that are in low demand through arbitrage opportunities and slippage reduction.
Balancer was developed by Balancer Lab, founded by Fernando Martinelli and Mike McDonald. The project began as a research program at a software firm, BlockScience, in 2018. The team behind Balancer is composed of individuals with a deep understanding of the DeFi space. Balancer was launched in March 2020 and raised funds in a seed round by Placeholder and Accomplice. In June 2020, Balancer introduced its native token, BAL, following the introduction of other tokens in the DeFi space. The introduction of the BAL token aimed to encourage decentralization and reward liquidity provision.
We update our Balancer to USD currency in real-time. Get the live price of Balancer on Coinbase.
The current market cap of Balancer is $54.92M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Balancer is $75.00. This all-time high is highest price paid for Balancer since it was launched.
Over the last 24 hours, the trading volume of Balancer is $22.19M.
Assets that have a similar market cap to Balancer include Avail, ConstitutionDAO, Decentralized Social, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Balancer is 63 million.
Balancer ranks 173 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 71% of Coinbase users are buying Balancer. In other words, 71% of Coinbase customers have increased their net position in Balancer over the past 24 hours through trading.
Yes, Balancer is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Balancer guide.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Trending articles
Contributors
0
Posts
0
% About Balancer
0.047%
Hold times
0 days
X (Twitter)
0% bullish
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
0 unique individuals are talking about Balancer and it is ranked #0 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Balancer has an average sentiment score of 0 out of 5. Finally, Balancer is becoming less newsworthy, with 0 news articles published about Balancer.
On Reddit, Balancer was mentioned in 0 Reddit posts and there were 0 comments about Balancer. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.