Price
$2.43
24h% change
-0.7%
Volume (24h)
$7.566M
Market Cap
$149.732M
Balancer, introduced in March 2020, is an automated market maker (AMM) operating on the Ethereum blockchain. The platform secured a $3M seed round backed by Placeholder and Accomplice. The Balancer protocol serves as a self-balancing weighted portfolio, acting as a price sensor and liquidity provider. Through the contribution to customizable liquidity pools, users have the opportunity to earn profits using its recently introduced token, $BAL.
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Balancer ’s historic highest price is $74.45, which was recorded on 4th of May 2021. Currently, Balancer ’s price is %96.7 Lower than its historic high.
Balancer ’s historic lowest price is $1.55, which was recorded on 5th of August 2024. Currently, Balancer ’s price is %57 Higher than its historic low.
Let's take a look at the important factors that impact Balancer 's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.