表现
RD 熱度指數
RD 增長指數
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.04% | 4.40% | 1.68% | 9.11% | 7.32% | 6.16% |
收入和銷毀
協議收入
$2.72K回購資金
--銷毀資金
--回購率
--協議資金趨勢
月度金額與比值
| 週期 | 協議收入 | 回購資金 | 銷毀資金 | 回購率 |
|---|---|---|---|---|
| 2026-11 | $2.72K | -- | -- | -- |
| 2026-10 | $44.06K | -- | -- | -- |
| 2026-09 | $83.82K | -- | -- | -- |
| 2026-08 | $56.73K | -- | -- | -- |
| 2026-07 | $105.53K | -- | -- | -- |
| 2026-06 | $53.05K | -- | -- | -- |
比較
代幣經濟學
解鎖進度
數據源: 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.
鏈上持有
| 持倉幣種 | 價格 | 數量 | 總價值 |
|---|---|---|---|
| 暫無資料 | |||
Top 持有者
| 持倉地址 | Token | 持倉數量 | 佔比 | 價值 |
|---|---|---|---|---|
| Balancer: Vault (f2c8) |   BAL | 29,849,770.17 | 41.25% | $3.52M |
| 0x0efc...fc89 | BAL | 3,746,524.49 | 5.18% | $442.72K |
| 0xc80a...2416 | BAL | 2,448,447.68 | 3.38% | $289.33K |
開放市場
| # | 交易所 | 交易對 | 價格 | +2% 深度 | -2% 深度 | 成交量(24小時) | 成交量% |
|---|---|---|---|---|---|---|---|
| 1 | PParibuDEX | BAL/TRY | $0.1182 | -- | -- | $209,543 | 86.80% |
| 2 | BAL/USD | $0.1179 | $1,620 | $3,430 | $30,322 | 12.56% | |
| 3 | KKrakenCEX | BAL/USD | $0.1176 | $249 | $31 | $2,362 | 0.98% |
| 4 | KKrakenCEX | BAL/EUR | $0.1139 | $45 | $25 | $916 | 0.38% |
| 5 | BBit2MeDEX | BAL/EUR | $0.1139 | -- | -- | $874 | 0.36% |
| 6 | DDzengi.comDEX | BAL/USD | $0.1172 | $13,004 | $13,004 | $601 | 0.25% |
| 7 | NNiza GlobalDEX | BAL/USD | $0.1176 | $124 | $15 | $588 | 0.24% |
| 8 | NNiza GlobalDEX | BAL/EUR | $0.1139 | $94 | $30 | $223 | 0.09% |
| 9 | UUnocoinDEX | BAL/INR | $4.36 | -- | -- | $147 | 0.06% |
| 10 | UUniswap v2DEX | BAL/WETH | $0.119 | -- | -- | $67 | 0.03% |
跟隨更新
跟隨列表
人物
關於Balancer
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 於 2020 年 3 月推出，作為一種自動化做市商，支援可自訂的池權重，並引入了加權池與流動性引導池，影響了後續的去中心化交易所設計。 2023 年 8 月，V2 池中的一個精度漏洞導致約 210 萬美元的損失，成為首次重大安全事件。2024 年 6 月的 Velocore 駭客攻擊利用了 Balancer V2 的存取控制缺陷，造成 680 萬美元被盜。 最嚴重的攻擊發生於 2025 年 11 月 3 日，駭客從多條鏈上的 V2 池中盜走 1.2 億美元，利用了小額交易計算中的四捨五入誤差。此事件引發連鎖反應：駭客透過 THORChain 逐步將被盜的 ETH 轉換為 BTC，多家律師事務所也開始調查潛在的證券索賠。 2026 年 3 月，共同創辦人 Fernando Martinelli 宣布 Balancer Labs 將停止營運，理由是該駭客事件帶來的法律風險與不可持續的收入。該協議轉由 Balancer 基金會與 DAO 以更精簡的模式運作，BAL 發行量歸零，並啟動了回購計畫。 2026 年 2 月，一個舊版 V1 池因精度漏洞被利用，損失 23.4 萬美元，突顯了廢棄合約的風險。此外，Balancer 在 2025 年底暫停了 reCLAMM 池以進行安全調查。
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.
費爾南多·馬丁內利：Balancer Labs 聯合創始人兼首席執行官。他擁有聖卡塔琳娜聯邦大學（UFSC）機械工程學士學位，以及巴黎第一大學（先賢祠-索邦大學）的MBA學位。此前，他聯合創辦了PrepLounge，並在貝恩公司工作過。 馬庫斯·哈特：Balancer Labs 首席執行官。他擁有聖卡塔琳娜聯邦大學（UFSC）機械工程學士學位。他曾在保時捷諮詢和Maktex工作，並擔任業務經理。
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.