What makes Balancer different from Uniswap?

Balancer supports multi-token pools (up to 8 assets) with custom weightings, not just 50/50 pairs. This enables index-fund-like portfolios that automatically rebalance via trading.

Can I swap BAL without KYC?

Yes. SyntheticSwap supports BAL swaps with no registration or identity verification.

veBAL (vote-escrowed BAL) is obtained by locking 80/20 BAL/WETH BPT tokens for up to 1 year. veBAL holders earn protocol fees, direct BAL emissions via gauge voting, and boosted liquidity rewards.

What are Boosted Pools on Balancer?

Boosted Pools deposit idle pool assets into lending protocols like Aave, earning extra yield for liquidity providers on top of trading fees.

What chains is Balancer on?

Balancer is deployed on Ethereum, Polygon, Arbitrum, Optimism, Gnosis Chain, Avalanche, and several other networks.

Home/Supported Coins/Balancer

Balancer

Programmable Liquidity and Automated Portfolio Manager

Launch Year

2020

Consensus

Proof of Stake

Max Supply

96,150,704 BAL

Block Time

~12 seconds

BAL

Balancer

Price—

24h Change—

Market Cap—

Volume (24h)—

Circulating Supply—

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No KYC or registration
Non-custodial — your keys, your crypto
1000+ supported exchange pairs
Best available exchange rate

Balancer Price Chart

BAL / USD

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Data by CryptoCompare

About Balancer

Balancer (BAL) is a decentralized automated market maker (AMM) protocol that allows the creation of liquidity pools with up to 8 tokens at custom weightings. Unlike Uniswap's fixed 50/50 pools, Balancer pools can be 80/20, 60/20/20, or any custom ratio — functioning as self-rebalancing portfolios that earn trading fees. BAL is the governance token distributed to liquidity providers and used to vote on protocol parameters. Balancer V2 unified vault architecture significantly improved capital efficiency, while Boosted Pools integrate with Aave to earn additional yield on idle assets. Balancer also powers veBAL, a vote-escrow governance system.

History

2018

Balancer Labs founded by Fernando Martinelli and Mike McDonald; concept for weighted AMM pools developed.

2020

Balancer V1 launches on Ethereum mainnet; BAL governance token distributes to liquidity providers.

2021

Balancer V2 launches with unified vault, improved gas efficiency, and asset managers for external yield.

2022

veBAL (vote-escrowed BAL) governance launches, allowing longer-term lockups for boosted rewards and gauge voting.

2023

Balancer V3 development begins, focusing on hooks for custom pool logic and improved developer experience.

2024

Balancer V3 launches with modular pool types and enhanced composability across DeFi protocols.

How to Swap BAL

Swapping Balancer (BAL) on SyntheticSwap requires no registration or KYC. BAL operates across multiple chains including Ethereum, making it compatible with MetaMask, Trust Wallet, Ledger, and most major Web3 wallets. Open SyntheticSwap, select BAL as your source or destination asset, enter your receiving wallet address, and confirm the floating rate. After sending BAL to the provided deposit address, the destination asset is delivered directly to your wallet. No personal information is ever collected — fully non-custodial.

How to Store BAL

BAL (ERC-20) is stored in MetaMask, Ledger, Trust Wallet, or any Ethereum-compatible wallet. For locking BAL as veBAL to earn boosted rewards and participate in gauge votes, visit the Balancer app. BAL is also available on Polygon, Arbitrum, and other Layer-2 networks.