Balanced Exchange

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

TVL: The total liquidity held on the Balanced exchange and in the Stability Fund. Fees: Collected from traders

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Balanced Exchange is published as a versioned release inside the Balanced protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

Balanced Exchange is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.

Balanced Exchange is a DEX — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. It is deployed across 11 chains, including Avalanche, Icon, Binance, Arbitrum and 7 other chains. The codebase has been independently audited (2 reports on file).

Balanced Exchange runs a multi-chain deployment, with smart contracts live on 11 networks. TVL is comparatively balanced across networks: even the largest deployment (Avalanche) holds only 50% of the protocol's value. Price feeds come from a single oracle provider (Band); an outage or manipulation of that feed would propagate into every market the protocol prices. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale.

Verified external resources for Balanced Exchange — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Balanced Exchange is one of 7 DEX protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Curve DEX, Uniswap V3, PancakeSwap AMM, and 3 more. These peer protocols collectively secure $8B in deposits, giving you a frame of reference for whether Balanced Exchange's own TVL is at the top, middle, or tail of the category.

Curve DEX

TVL $1.9B · 24h +0.39%

Uniswap V3

TVL $1.8B · 24h -0.67%

PancakeSwap AMM

TVL $1.7B · 24h +0.14%

Raydium AMM

TVL $1.1B · 24h +0.66%

Uniswap V2

TVL $872.4M · 24h -0.17%

Uniswap V4

TVL $670.6M · 24h -0.47%