API ID:
balancer
Trade Symbol:
Coin or Token:
Max Supply:
Use Case:
Launch Date:
Coin Overview
BAL
Token
96 Million
Token trading & rewards
2018
Balancer
Balancer (BAL) powers a DeFi platform where users can swap tokens and build or invest in “smart” pools (shared pot of tokens) that automatically balance themselves. It makes managing token portfolios easier—and smarter—without relying on centralized systems. Balancer is popular with experienced DeFi users who want more control over their token strategies.
A Deeper Dive
Technology & Use Case
Balancer is a DeFi platform where people create token “pools” — shared baskets of crypto that others can trade against. Pools are needed because they supply the liquidity (available tokens) that makes trading possible without relying on a middleman. In return, the people who add tokens earn fees and rewards while the pools stay balanced automatically.
Origins & Team
Balancer was founded in 2018 by Fernando Martinelli and Mike McDonald. They built it to let people create flexible token pools with different mixes of assets, giving both creators and traders more options.
Ecosystem & Partnerships
Balancer runs on Ethereum and also works on faster, low-cost networks like Arbitrum and Optimism. People who provide tokens to pools earn BAL rewards, and holders can use BAL to help guide the future of the platform.
A Deeper Dive
Popular Exchanges
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