Balancer raised $3 M in a new round of funding on 2020-03-24.

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BAL
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According to media reports, Balancer raised $3 M in a new round of funding on 2020-03-24. the investors in this funding round include Placeholder,Accomplice,CoinFund,Inflection and others. Following this round, Balancer's total funding reached $27 M.
Balancer is a DeFi automated market making protocol that uses novel, self-balancing weighted pools. The protocol enables anyone to create a pool of assets with predefined weights. Balancer aims to be a platform for DAOs and other protocols to build tools that offer useful liquidity to their end users and products.

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BAL Fundraising History
RoundAmountValuationTimeInvestor(s)
--$3 M--2020-03-24Placeholder,Accomplice,CoinFund,Inflection
Key Milestones
  • 2024-12-11
    Balancer v3 was LIVE
  • 2021-05-27
    Balancer raised $ 24.25 M
  • 2021-05-11
    Balancer launched V2 mainnet officially
  • 2020-06
    $BAL was live for trading
  • 2020-03-31
    Balancer was live on mainnet
  • 2020-03-25
    Balancer raised $ 3 M in funding round
24-Hour High
$1.43
24-Hour Volume
$392.52K
All-Time High
$74.45
All-Time Low
$0.7555
Market Cap / FDV
67.17%
FDV
$133.36M
24-Hour Low
$1.33
Market Cap
$96.33M
Circulating Supply
64.58M BAL
Total Supply
69.45M BAL
Max Supply
96.15M BAL
Market Sentiment
Positive
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