/ Exchange rates / Balancer

Balancer (bal)

Rank: #171

Price

£3.20 (0.57%)
0.000153 BTC
Capitalisation
£172.65M (2.24%)
Volume (24h)
£9.90 M (-0.486%)

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Price change

1h 24h 7d 1y
0.53% 0.57% -5.06% 2.24%
24h High 24h Low
£3.25 £3.25

Community Vote

90.0
10.0
👍 👎

Features

Balancer Balancer
Genesis Date 24th April 2024
Circulating Supply 53,999,112
Max Coin Supply 60,681,018

Balancer Price Chart

Price, £

Market Cap

Trading Volume (24h)

Balancer (bal) is a digital asset ranked as #171 in BitCourier Cryptocurrency List with market capitalisation of £172.65 M. Pound Sterling. In the last 24 hours Balancer's trading volume exceeded £9.90 M.

Current price - £3.20 GBP. Exchange rate bal to USD is $4.46 for one coin.

During the last calendar year Balancer price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by -5.06%. (bal)'s peak price (All-time high) was £53.75 per coin, this point was reached on 4th May 2021 . From that moment till today Balancer has lost -94.03% in value.

Ratings by crypto community, developers and liquidity are 10.409, 62.749, 51.124.

About Balancer

Balancer is a decentralized finance (DeFi) exchange protocol based on the Ethereum blockchain that allows for automatic market-making.

What makes Balancer unique is that the protocol supports up to eight assets per market (weighting of supported assets is arbitrary), along with custom trading fees set by the creator of the pool.

Participants can use Balancer in two ways:

  • Providing liquidity to the market. Users can deposit their assets to the smart-contract balance and start getting their portion of trading commissions.
  • Trading. Users can exchange their assets using a decentralized protocol (with no middleman) with low fees and anonymously.

Ratings

Balancer Points
(0-100)
Development 62.749
Community 10.409
Liquidity 51.124

Development

Balancer GitHub
Forks 118
Stars 232
Subscribers 33
Total issues 144
Closed issues 143
Contributors 5