Balancer Price
BAL
How Much is 1 Balancer (BAL)
Convert BAL to your currency
Last Updated on Dec 23, 2025 07:15 PM
What is Balancer?
About the coin
Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor. It operates on the Ethereum network and is designed to provide decentralized finance solutions. The Balancer Protocol Governance Token (BAL) is distributed to liquidity providers, playing a crucial role in the governance of the protocol.
Main features
The main feature of Balancer is its ability to allow users to create or add liquidity to customizable pools and earn trading fees. It supports multiple tokens in a single pool, offering flexibility and efficiency in managing digital assets. The protocol is designed to be resilient and decentralized, ensuring that it remains robust against the failure of any single stakeholder.
How it works
Balancer works by allowing users to create liquidity pools with up to eight different tokens. These pools automatically rebalance themselves, providing liquidity and earning fees for the pool creators. The governance of the protocol is decentralized through the distribution of BAL tokens, which are given to liquidity providers. The distribution rate is set at 145,000 BALs per week, aiming to decentralize governance rights effectively.
Wallet for Balancer
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for Balancer
- Ethereum
- Avalanche
- Polygon Pos
- Arbitrum One
- Base
- Optimism
- Polygon Zkevm
- Gnosis Chain
Metrics
Insights
Price performance
Another
Balancer FAQ
- Balancer is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Balancer stands out for its performance, cost-effective transactions, and ecosystem support. These strengths make it suitable for various blockchain activities.
- They refer to the same cryptocurrency. BAL is the abbreviated code used in trading platforms.
- You can buy Balancer using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
How to secure Balancer with Tangem Wallet?
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Why choose Balancer wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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Other crypto assets supported in Tangem Wallet.
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