| General information | |
|---|---|
| Global rank: | 537 |
| Name: |
Balancer |
| Symbol: | BAL |
| Current coin price (CUC): | 0.548 CUC |
| Last hour: | arrow_downward-0.110 % |
| Last 24 hours: | arrow_downward-0.630 % |
| Last 7 days: | 1.68 %trending_up |
| Capitalisation (CUC): | 37 664 776.00 CUC |
| Volume 24h (CUC): | 2 024 308.00 CUC |
| Available supply: | 68 698 935.00 BAL |
| Total coin supply: | 35 435 000.00 BAL |
| Algorithm: | ETH Token |
| Start date: | 20/06/2020 |
Balancer/Cuban Convertible Peso (BAL/CUC) price chart
Balancer/Cuban Convertible Peso (BAL/CUC) 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.