Balancer Price (BAL)

5.24 EUR -4.00 %

About Balancer

Balancer is a decentralized finance protocol focused on automatic market creation. Its goal is to create a decentralized ERC-20 token exchange mechanism to allow users to buy and sell cryptocurrencies without intermediaries. To do this, Balancer uses liquidity pools and a smart order router, with which it offers the ability to exchange cryptocurrencies in a decentralized manner (DEX).