| General information | |
|---|---|
| Global rank: | 529 |
| Name: |
Balancer |
| Symbol: | BAL |
| Current coin price (IMP): | 0.393 IMP |
| Last hour: | arrow_downward-0.230 % |
| Last 24 hours: | arrow_downward-1.87 % |
| Last 7 days: | -1.95 %trending_down |
| Capitalisation (IMP): | 27 002 973.67 IMP |
| Volume 24h (IMP): | 1 977 116.62 IMP |
| Available supply: | 68 707 010.00 BAL |
| Total coin supply: | 35 435 000.00 BAL |
| Algorithm: | ETH Token |
| Start date: | 20/06/2020 |
Balancer/Manx pound (BAL/IMP) price chart
Balancer/Manx pound (BAL/IMP) 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.