| General information | |
|---|---|
| Global rank: | 537 |
| Name: |
Balancer |
| Symbol: | BAL |
| Current coin price (ALL): | 45.68 Lek |
| Last hour: | arrow_downward-0.110 % |
| Last 24 hours: | arrow_downward-0.630 % |
| Last 7 days: | 1.68 %trending_up |
| Capitalisation (ALL): | 3 138 325 671.14 Lek |
| Volume 24h (ALL): | 168 670 530.86 Lek |
| Available supply: | 68 698 935.00 BAL |
| Total coin supply: | 35 435 000.00 BAL |
| Algorithm: | ETH Token |
| Start date: | 20/06/2020 |
Balancer/Albanian Lek (BAL/ALL) price chart
Balancer/Albanian Lek (BAL/ALL) capitalisation and volume charts
An AMM, or Automated Market Maker is a general term that defines an algorithm for creating and managing liquidity. Instead of paying fees to portfolio managers to rebalance the users' portfolio, they collect fees from traders, who rebalance their portfolio. Users can earn returns by providing liquidity or as a trader swap between any assets in the global liquidity pool.