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Balancer

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About Balancer (BAL)

Balancer is a non-custodial portfolio manager and automated market maker built on Ethereum that pools up to eight different tokens for users to trade. These Balancer pools are self-balancing weighted portfolios with specific triggers, and the Balancer protocol allows all Ethereum accounts to add tokens to existing public pools or create their own private pools. The resulting market system creates a structure resembling an Exchange Traded Fund (ETF), which continuously rebalances and pays both trading fees and BAL tokens to liquidity providers.

Token

BAL is the governance token of the Balancer protocol.

Supply

The supply of BAL tokens is capped at 100M.

Balancer website

The pricing data and asset description above are for general informational purposes only and are not investment advice. Buying, selling, and trading cryptocurrency involves risks. You should consult with your own appropriately qualified and licensed advisors before engaging in any transaction on Gemini. Some data is provided by Messari, a third party that is not affiliated with Gemini.