Balancer
BALDeFi自動マーケットメイキングプロトコル
パフォーマンス
RD 人気指数
RD 成長指数
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.19% | 1.56% | 2.43% | 10.87% | 7.97% | 8.73% |
収益とバーン
プロトコル収益
$3.28K買い戻し資金
--バーン資金
--買い戻し比率
--プロトコル資金の推移
月次の金額と比率
| 期間 | プロトコル収益 | 買い戻し資金 | バーン資金 | 買い戻し比率 |
|---|---|---|---|---|
| Nov 2026 | $3.28K | -- | -- | -- |
| Oct 2026 | $44.06K | -- | -- | -- |
| Sep 2026 | $83.82K | -- | -- | -- |
| Aug 2026 | $56.73K | -- | -- | -- |
| Jul 2026 | $105.53K | -- | -- | -- |
| Jun 2026 | $53.05K | -- | -- | -- |
比較
トケノミクス
進行状況のロックを解除する
データソース: CoinMarketCap
BAL is used for Balancer protocol governance voting and liquidity incentives; veBAL is retired and emissions are halted, all protocol fees go to the DAO treasury, and a buyback quoting mechanism is in place.
オンチェーンホールディング
| ポジション通貨 | 価格 | 数量 | 総価値 |
|---|---|---|---|
| データはありません | |||
トップホルダー
| ポジションの住所 | トークン | ポジション数 | 割合 | 価値 |
|---|---|---|---|---|
| Balancer: Vault (f2c8) | ![]() BAL | 29,849,770.17 | 41.25% | $3.53M |
| 0x0efc...fc89 | ![]() BAL | 3,746,524.49 | 5.18% | $443.55K |
| 0xc80a...2416 | ![]() BAL | 2,448,447.68 | 3.38% | $289.87K |
オープンマーケット
| # | 取引所 | 取引ペア | 価格 | +2% 深さ | -2%の深さ | 取引高(24時間) | 取引量% |
|---|---|---|---|---|---|---|---|
| 1 | PParibuDEX | BAL/TRY | $0.1181 | -- | -- | $144,095 | 86.09% |
| 2 | BAL/USD | $0.1171 | $1,832 | $686 | $23,634 | 14.12% | |
| 3 | DDzengi.comDEX | BAL/USD | $0.1166 | $12,991 | $12,991 | $2,711 | 1.62% |
| 4 | KKrakenCEX | BAL/USD | $0.1156 | $158 | $159 | $1,605 | 0.96% |
| 5 | KKrakenCEX | BAL/EUR | $0.1132 | $188 | $192 | $814 | 0.49% |
| 6 | BBit2MeDEX | BAL/EUR | $0.1132 | $188 | $218 | $788 | 0.47% |
| 7 | NNiza GlobalDEX | BAL/USD | $0.1156 | $79 | $159 | $407 | 0.24% |
| 8 | NNiza GlobalDEX | BAL/EUR | $0.1132 | -- | -- | $201 | 0.12% |
| 9 | UUnocoinDEX | BAL/INR | $4.35 | -- | -- | $146 | 0.09% |
| 10 | UUniswap v2DEX | BAL/WETH | $0.1187 | -- | -- | $11 | 0.01% |
更新をフォローする
フォローリスト
キャラクター
Balancerについて
Balancer is a decentralised AMM that replaced the constant-product formula with a customisable weighted multi-dimensional invariant, letting providers market-make with non-50/50 baskets and managing assets and accounting through a single Vault. Early AMMs were capital-inefficient and pools sat isolated, so Balancer added Boosted Pools that route idle liquidity into lending for yield and moved to more capital-concentrated liquidity in V3 for fee competitiveness. Clearing and routing are built around the vault abstraction, so multi-pool composition, governance incentives and cross-chain deployment reuse one settlement layer.
In September 2026 the community approved the BIP-928 orderly wind-down with about 99% support and moved to withdrawal-only; it reflects how a mid-sized AMM's revenue cannot cover costs under pressure from category leaders, and how undifferentiated fee competition is hard to sustain.
Balancerは2020年3月にローンチされ、カスタマイズ可能なプール加重を可能にする自動マーケットメーカーとして、後のDEX設計に影響を与えた加重プールと流動性ブートストラッププールを導入しました。 2023年8月、V2プールの精度に関する脆弱性により約210万ドルの損失が発生し、これが初の重大なセキュリティインシデントとなりました。2024年6月のVelocoreハッキングでは、Balancer V2のアクセス制御の欠陥が悪用され、680万ドルが盗まれました。 最も深刻な攻撃は2025年11月3日に発生し、ハッカーは複数のチェーンにわたるV2プールから1億2000万ドルを引き出しました。これは少額取引の計算における丸め誤差を悪用したものです。この事件は連鎖反応を引き起こし、ハッカーは盗んだETHをTHORChain経由で徐々にBTCに変換し、法律事務所は潜在的な有価証券請求の調査を開始しました。 2026年3月、共同創業者のフェルナンド・マルティネッリは、ハッキングによる法的リスクと持続不可能な収益を理由に、Balancer Labsの事業停止を発表しました。プロトコルはBalancer FoundationとDAOの下でよりスリムな体制に移行し、BALの排出はゼロに削減され、自社株買いプログラムが開始されました。 2026年2月、レガシーV1プールが精度バグにより悪用され、23万4000ドルの損失が発生し、放棄されたコントラクトのリスクが浮き彫りになりました。また、Balancerは2025年後半にセキュリティ調査のためreCLAMMプールを一時停止しました。
On September 29, 2026, the Balancer community approved the BIP-928 orderly wind-down with over 99% of roughly 17.2 million BAL votes in favor: pools switch to withdrawal-only on October 30 and the v3 Vault is permanently paused on November 30. About $9.96 million in treasury assets (unaudited) will be distributed pro rata to holders who burn BAL starting May 2027, roughly $0.1579 per token.
Insufficient revenue drove the decision: in August 2026 the protocol earned about $30,000 per month against roughly $150,000 in spending. The BIP-918/919 changes enacted in April had already halted BAL emissions and routed all fees to the DAO without reversing the decline. In July 2026 Bitso restricted BAL to instant conversions only, and the fork proposal BIP-929 was rejected with about 30% support.
Balancer was the DeFi AMM infrastructure known for custom pools. Version 3 moved core logic out of pools and into an audited Vault, adding a hooks framework, 100 percent boosted pools, LVR and MEV mitigation and a pool creator fee. But v3 revenue never replaced v2: in August 2026 the protocol was spending roughly $150,000 a month against about $30,000 of monthly revenue.
On 29 September 2026 the orderly winddown proposal BIP-928 passed with more than 99 percent of 17.22 million BAL in favour, against a 5 million BAL quorum. The timetable: on 30 October pausable pools switch to withdrawal-only and bug bounty coverage ends for every pool; on 30 November the v3 Vault is permanently paused; from late May 2027 the first distribution round opens, with holders burning BAL for a pro rata share of treasury assets, estimated by the proposer at about $0.1579 per BAL from roughly $9.96 million of distributable treasury, unaudited. A parallel proposal to fork the protocol, BIP-929, was rejected with about 70 percent against.
Future strategy and roadmap: Balancer has no roadmap in the usual sense, only an exit plan: a transition team keeps a simplified withdrawal interface and the subgraph coverage it needs, while the treasury returns to holders across three rounds ending in July 2028. The risk is that the November 2025 exploit, which drained more than $128 million, was not the main cause but combined with chronic revenue shortfall to decide the outcome. For LPs the contracts are non-custodial and funds remain withdrawable, but exit planning has to happen before 30 October, and any site or message claiming to convert BAL immediately is a scam.
フェルナンド・マルティネッリ:Balancer Labsの共同創業者兼CEO。UFSCで機械工学の学士号、パリ第1大学パンテオン・ソルボンヌでMBAを取得。以前はPrepLoungeを共同創業し、ベイン・アンド・カンパニーに勤務。 マーカス・ハート:Balancer LabsのCEO。UFSCで機械工学の学士号を取得。以前はポルシェ・コンサルティングやMaktexに勤務し、ビジネスマネージャーを務めた。
Balancer v3 sets static swap fee bounds by pool type, 0.001%–10% for weighted pools and 0.0001%–10% for stable pools, with Hook-based dynamic fees. Balancer takes 25% of the swap fees already paid to LPs (50% in v2) for the treasury, leaving the trader-facing rate unchanged.

