Balancer AMM DeFi Protocol
Automated portfolio manager and trading platform
Put your cryptoassets to work and get the best prices for trades
Balancer is an automated portfolio manager, liquidity provider, and price sensor.
Balancer turns the concept of an index fund on its head: instead of a paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who rebalance your portfolio by following arbitrage opportunities.
Balancer is based on an N-dimensional invariant surface which is a generalization of the constant product formula described by Vitalik Buterin and proven viable by the popular Uniswap dapp.
Balancer V2 brings powerful new features to slash gas costs, super-charge capital efficiency, unlock arbitrage with zero-token starting capital, and open the door to custom AMMs.
FOR INVESTORS
Portfolios that generate yield and rebalance automatically
Balancer turns the concept of an index fund on its head: instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders who rebalance your portfolio by following arbitrage opportunities.
* Battle tested and secure
* Capital and gas efficient
* Earn $BAL token incentives
FOR TRADERS
Decentralized trades at optimal prices
Balancer enables efficient trading by pooling crowdsourced liquidity from investor portfolios and using its Smart Order Router to find traders the best available price. Exchange any combination of ERC-20 tokens permissionlessly, with ease.
* Intelligent pricing
* MEV protection
* Gas optimizations and subsidies
FOR BUILDERS
A protocol for programmable liquidity
The Balancer Protocol is a core building block of DeFi infrastructure—a unique financial primitive and permissionless development platform. Balancer is the most flexible and versatile Automated Market Maker, giving developers unprecedented customizability.
* Custom token weights & swap fees
* Liquidity pools can operate on any price curve
* Asset managers re-utilize dormant liquidity (coming soon)