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Today's Balancer Price Summary
Balancer's price today is $6.80 USD, with a 24-hour trading volume of $5,573,569 USD. BAL is up 0.57% in the last 24 hours. Balancer is currently ranked #154 with a market capitalization of $272,365,438 USD.
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Ranked # 154
Price
$6.80 (1%)
All Time High
$74.45 (-91%)
Market Cap
$272,365,438
Volume (24h)
5,573,569
Circulating Supply
40,083,791 BAL
Max Supply
96,150,704 BAL
What is Balancer?
BAL is the native governance token of Balancer, a Decentralized Finance (DeFi) protocol that combines crypto assets to incentivize a network of nodes to operate as a decentralized exchange.
The Balancer Protocol was initially developed as a research project by BlockScience in 2018, which Fernando Martinelli and Mike McDonald founded. In 2020, the project independently raised $3 million and started Balancer Labs to maintain the development of the project.
Like most DeFi projects, Balancer was built on the Ethereum network and improved on the ideas of other popular liquidity pool approaches like Bancor and Uniswap, becoming one of the most popular tools in the DeFi space.
What is Balancer All-Time High price (ATH)?
On May 4th, 2021 01:35:02 PM, Balancer hit a historic high of $74.45 USD. It has been about 1 year ago since Balancer reached its peak.
What is Balancer All-Time Low price (ATL)?
On June 18th, 2022 09:00:00 PM, Balancer reached a bottoming price of $3.66 USD. About 9 months ago has passed Balancer has seen such a low price.
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