Dexs
Balancer V2
Total TVL
$20.49M
Active pools
96
Chains supported
9
Official site: https://balancer.fi/ ↗
Overview
Balancer V2 is a decentralized exchange protocol that facilitates automated market making, enabling users to trade assets and earn fees from liquidity provision. Value for participants flows through trading commissions and yield on deposited tokens.
The protocol holds $33.7M in TVL across 148 active pools on 5 chains; Ethereum dominates at 78%, with Polygon second at 15%. The chain split highlights a strong L1 presence, particularly on Ethereum, with emerging support on Polygon and other networks.
Audit posture is light, with only 1 audit reference available in the data. Official surface area for Balancer V2 includes an official website, indicating some level of project transparency and community engagement.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
TVL history
Top pools
| Chain | Symbol | TVL | APY |
|---|---|---|---|
| Ethereum | BAL-WETH | $5.11M | 0.10% |
| Ethereum | WSTETH-AAVE | $3.92M | 0.54% |
| Ethereum | WBTC-WETH | $2.04M | 0.54% |
| Polygon | WBTC-USDC-WETH | $1.39M | 0.22% |
| Ethereum | QI-WETH | $629.9K | 0.00% |
| Ethereum | WETH-LIT | $385.6K | 0.00% |
| Arbitrum | WBTC-WETH-USDC | $362.5K | 0.22% |
| Ethereum | GNO-COW | $359.5K | 1.03% |
| Ethereum | XNS-WETH | $283.1K | 0.00% |
| Arbitrum | WSTETH-UPDOGE | $279.9K | 0.00% |
FAQ
› What is Balancer V2?
Balancer is a protocol for programmable liquidity.
› How much TVL does Balancer V2 have?
Balancer V2 has $20.49M in total value locked across all supported chains as of the last refresh.
› How many active pools does Balancer V2 have?
We currently track 96 active pools for Balancer V2.
› Is Balancer V2 audited?
DefiLlama lists 1 audit for Balancer V2. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.