Balancer Price Data
Balancer (BAL)
currently has a price of
£0.083
and is
up
0.14%
over the last 24 hours. The cryptocurrency is ranked
1395
with a market cap of
£5.8M.
Over the last 24 hours, it saw
£247.7k
of trading volume. The token has a circulating supply of
69.8M
tokens out of a total supply of
72.4M
tokens.
Balancer (BAL) is a DeFi protocol on Ethereum that automatically manages and rebalances portfolios, minimizing risk and maintaining liquidity. Unlike other platforms, Balancer allows for up to eight assets in a liquidity pool, with custom weight ratios. BAL tokens give holders voting power in the protocol's governance, promoting decentralization.