Balancer
BAL$95.39
Market Cap
$9.28B
Volume 24h
$642.81M
Vol / Market Cap
6.93%
Rank
#88
BAL Price Chart
Balancer is an automated market maker supporting customizable liquidity pools.
Balancer is an automated market maker that enables customizable liquidity pools and decentralized portfolio management.
A decentralized investment platform that acts as a self-balancing portfolio. Users can create "pools" of up to eight different assets, and the protocol automatically rebalances the ratios while collecting fees for the users.
Portfolio Liquidity: Used for governance and as a reward for users who provide liquidity to automated, self-balancing index-fund-like token pools.
Index Fund Management: Used for governance and to incentivize liquidity. It allows users to create self-balancing index funds of up to 8 tokens, earning fees while their portfolio automatically stays in proportion.
High risk for liquidity providers in volatile markets; complex fee structures can be confusing for retail.
