24 hour low
$3.433
24 hour high
$3.589
Market cap ranking
#272
Market cap
$202.91M
24 hour volume
$8.3M
Circulating supply
56.69M
Total supply
96.15M
The current price of BAL is $3.579, with a 24-hour trading volume of $8,303,019.96. In the last 24 hours, the price of BAL increased by 3.74%. With a circulating supply of 56,692,962.9422 BAL and a maximum supply of 96,150,704.00 BAL, BAL's fully diluted market cap stands at $344,133,754.51. Currently, BAL ranks #272 by market cap.
Balancer (BAL) is a cryptocurrency project that operates within the DeFi space. It aims to provide a platform for automated portfolio management and liquidity provision. Balancer allows users to create and manage liquidity pools consisting of multiple tokens with varying weights, enabling automated trading and yield optimisation. BAL serves as the native governance token of the Balancer protocol. Balancer's primary feature is its automated market-making mechanism, which enables users to provide liquidity to pools and earn trading fees.Balancer allows users to create pools with multiple assets in customisable proportions. This flexibility gives liquidity providers more control over their exposure and potential returns. Balancer also offers features such as Smart Pools, which allow pool creators to set specific rules for their liquidity pools, and Asset Managers, which enable more advanced portfolio management strategies within the pools.