Kyber 3.0 Sees Revamp to Liquidity Hub ArchitectureRead on the DeFi Pulse Blog

Key Stats

Total Value Locked24H
in USD$907.2M-2.4%
in ETH420.9K ETH+1.4%
in BTC26.1K BTC+0.6%
ETH Locked114.09K ETH+496 ETH
% Supply Locked0.10%
Blockchain
Ethereum
Most Locked$aave
Protocol Token-

Total Value Locked (USD) in Balancer

  • TVL (USD)
  • ETH
  • BTC
  • DAI
  • All
  • 1 Year
  • 90 Day
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What is Balancer?

Balancer is a n-dimensional automated market-maker built on Ethereum. It allows anyone to create or add liquidity to customizable pools and earn trading fees. Instead of the traditional constant product AMM model, Balancer’s formula is a generalization that allows any number of tokens in any weights or trading fees. Another way to view Balancer is as an inverse ETF: instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who continuously rebalance your portfolio by following arbitrage opportunities. Balancer protocol is designed to be composable and has a few types of pools: 1) Private Pools where the only owner can contribute liquidity and has full permissions over the pool, being able to update any of its parameters. 2) Shared Pools where the pool’s tokens, weights, and fees are permanently set and the pool creator has no special privileges. Anyone may add liquidity to shared pools and ownership of the pool’s liquidity is tracked with a specific token called BPT - Balancer Pool Token. 3) Smart Pools which are a variation of a private pool where the controller is a smart contract, allowing for any arbitrary logic/restrictions on how pool parameters can be changed. Smart pools may also accept liquidity from anyone and issue BPTs to track ownership. Balancer was launched in March 2020 and has been audited by Trail of Bits. Balancer recently introduced its native governance tokens called BAL which are distributed to liquidity providers through a process called liquidity mining.


How to use Balancer?

Traders can use Balancer Exchange to swap between any two tokens. The Pool Management dashboard allows you to add and remove liquidity to different pools and monitor the liquidity and trading volume of each pool.

Kyber 3.0 Sees Revamp to Liquidity Hub Architecture

As a known player in the DeFi industry, Kyber Network is experienced at adapting to meet the ecosystem’s needs for more efficient access to liquidity. With Kyber 3.0, its most significant system upgrade to date, Kyber introduced its new Dynamic Market Maker (DMM) Protocol.  Kyber DMM, launched slightly over 2 months ago, grants greater flexibility …

2021-06-18Read more >

Integral Aims to Win the AMM Wars

There’s a new automated market maker (AMM) on the block, and it has the infrastructure to shake things up in DeFi. The protocol’s tech, which allows the decentralized exchange to feast on the liquidity of other exchanges, is uniquely advantageous for liquidity providers (LPs), so now the race is on to see how many users …

2021-05-31Read more >

Founder Fireside Chat with Ross Middleton of DeversiFi

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. Another week, another intriguing chat to share with you all. For this week’s Founder Fireside Chat, we spoke with Ross Middleton, Co-Founder …

2021-05-21Read more >

Slingshot – A Next Generation Decentralized Trading Platform

Did you know that the combination of how the Earth’s gravity warps spacetime and the speed at which a satellite travels effectively allows satellites to time travel into the future nanoseconds at time? If you wanted to time travel, theoretically you’d need two things: a massive black hole and and an incredibly fast spacecraft.  Many …

2021-05-12Read more >