Valuing | Balancer (2024)

# Overview

It's common to want to know what a Balancer LP token is worth. This generally comes down to its Net Asset Value (NAV), ie the value of the underlying tokens.

# Directly Calculating NAV

Directly calculating NAV is the simplest way to value an LP token. In short, it is calculated by getting all underlying balances, multiplying those by their market prices, and dividing by the total supply of LP tokens.

This method is quick and easy for informational purposes, but is vulnerable to manipulation if you need to know a Balancer LP token's value on-chain. An added bonus is that this technique works for all pool types because it simply gets the value of all underlying tokens.

# Equation

# Pseudocode

(tokens, balances, lastChangeBlock) = vault.getPoolTokens(poolId);prices = fetchPricesFromPriceProvider(tokens); //ex. CoinGeckopoolValueUsd = sum(balances[i]*price[i]);bptPriceUsd = poolValueUsd/bpt.totalSupply();

Note about pre-minted BPT

Some pools (like bb-a-USD) have pre-minted BPT. This means all LP tokens are minted at the time of pool creation so that you can use a swap to effectively join/exit the pool. Because of this, when querying the supply, you should NOT use bpt.getSupply(), but rather use bpt.getVirtualSupply().

And if you want to calculate a pool value for a given address...

myBptValueUsd = bpt.balanceOf(myAddress) * bptPriceUsd;

Note

The above assumes you have your BPT in your wallet. If you have staked your BPT in a gauge, you'll need to calculate your BPT holdings as:
myBpt = bpt.balanceOf(yourAddress) + bptGaugeDeposit.balanceOf(yourAddress);

Valuing | Balancer (2024)

FAQs

Is balancer a good coin? ›

Balancer Overview

Our technical indicators signal about the Bearish Bullish 40% market sentiment on Balancer, while the Fear & Greed Index is displaying a score of 37 (Fear). Over the last 30 days, Balancer has had 12/30 (40%) green days and 6.40% price volatility.

How does balancer make money? ›

There are two types of participants in Balancer: Liquidity providers and Traders. The liquidity traders provide the much-needed liquidity to the protocol. In return, the liquidity providers receive a share of fees that Balancer earns. They will also receive BAL tokens for providing liquidity.

What is the balancer protocol? ›

Balancer is an Ethereum-based Automated Market Maker (AMM) protocol that functions as a decentralized exchange (DEx) and a “self-balancing” portfolio management tool. Balancer's AMM provides traders with liquidity for their ERC-20 tokens.

How much is balancer polygon? ›

The live Balancer price today is $1.88 USD with a 24-hour trading volume of $5,781,815 USD.

Will balancer go up? ›

The site made a balancer price prediction for 2030 that saw it at $32, and one for 2040 that forecast it to stand at $64.01 that year. Next, CoinsKid had a BAL token price prediction that suggested the token could close 2022 at $5.31, then reach $7.54 by the end of 2023 and $10.26 a year from then.

What are the top 5 stable coins? ›

Top Stablecoins Coins Today By Market Cap
#Name24H Volume
1Tether ( USDT )$20.63B
2USDC ( USDC )$3.50B
3Dai ( DAI )$56.00M
4Ethena USDe ( USDE )$20.26M
39 more rows

Has balancer ever been hacked? ›

The hacker sent a complex transaction to Ethereum Mainnet which caused an attack on one of the Balancer Pools. A several minutes later second transaction happened and also drained another Balancer Pool. We analysed what happened and created the following report.

Who is the founder of balancer? ›

The founders of Balancer, Fernando Martinelli and Mike McDonald, are veterans of the blockchain and DeFi space. They have a combined 20 years of experience in software and blockchain engineering, with a proven track record of success. Their mission is to make the world's assets accessible, secure, and cost-effective.

Why is Polygon so cheap? ›

So, how does Polygon make this cheaper? To cut gas costs, scaling solutions like Polygon process transactions on side chains. Polygon has the potential to handle up to 65,000 transactions per second, whereas Ethereum can process only up to roughly 17 transactions per second.

Is MATIC a buy or sell? ›

We prepared technical ratings for Polygon (MATIC): today its technical analysis shows the strong sell signal, and according to the 1 week rating MATIC shows the sell signal.

How much is a Polygon worth today? ›

The live Polygon price today is $0.38 with a 24-hour trading volume of $15.43M. The table above accurately updates our MATIC price in real time. The price of MATIC is up 0.09% since last hour, down -1.01% since yesterday.

Which coin is best to hold now? ›

List of Best Crypto Coins to Buy Now and Hold for Long-Term Returns
  • 5thScape (5SCAPE)
  • Decentraland (MANA)
  • Ethereum (ETH)
  • Aave (AAVE)
  • Polkadot (DOT)
  • Chainlink (LINK)
5 days ago

What is the most reliable coin to invest in? ›

Top 10 Cryptos to Invest In September 2024
  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Binance Coin (BNB)
  • Solana (SOL)
  • Ripple (XRP)
  • Dogecoin (DOGE)
  • Polkadot (DOT)
  • SHIBA INU (SHIB)
Sep 6, 2024

Which coin is worth to invest? ›

Bitcoin (BTC) – The Most Popular Cryptocurrency

The potential for Bitcoin as a long-term investment remains substantial, and the upcoming 2024-2025 cycle is expected to provide a significant lift to its price. Bitcoin is ideal for beginners or those looking for a low-maintenance investment.

Will Mask Network go back up? ›

Our most recent Mask Network price forecast indicates that its value will increase by 11.87% and reach $2.15 by September 09, 2024.

Top Articles
Crowdfunding, Crowdinvesting und Crowdlending: Der große Plattform-Überblick
Fast Refund Group Review - Urban Splatter
J & D E-Gitarre 905 HSS Bat Mark Goth Black bei uns günstig einkaufen
Algebra Calculator Mathway
New Slayer Boss - The Araxyte
The Ivy Los Angeles Dress Code
Evil Dead Rise Showtimes Near Massena Movieplex
Practical Magic 123Movies
Terraria Enchanting
Poe Pohx Profile
Seething Storm 5E
Poplar | Genus, Description, Major Species, & Facts
Does Publix Have Sephora Gift Cards
Matthew Rotuno Johnson
Immediate Action Pathfinder
Insidekp.kp.org Hrconnect
Mflwer
Recap: Noah Syndergaard earns his first L.A. win as Dodgers sweep Cardinals
PowerXL Smokeless Grill- Elektrische Grill - Rookloos & geurloos grillplezier - met... | bol
Quadcitiesdaily
U Of Arizona Phonebook
Theater X Orange Heights Florida
Brazos Valley Busted Newspaper
MyCase Pricing | Start Your 10-Day Free Trial Today
Weve Got You Surrounded Meme
Panola County Busted Newspaper
fft - Fast Fourier transform
2011 Hyundai Sonata 2 4 Serpentine Belt Diagram
Bj타리
Danielle Ranslow Obituary
O'reilly's In Mathis Texas
Pixel Combat Unblocked
4.231 Rounded To The Nearest Hundred
Askhistorians Book List
Perry Inhofe Mansion
Best New England Boarding Schools
The Latest: Trump addresses apparent assassination attempt on X
Fedex Walgreens Pickup Times
Mkvcinemas Movies Free Download
Eaccess Kankakee
What Happened To Father Anthony Mary Ewtn
Σινεμά - Τι Ταινίες Παίζουν οι Κινηματογράφοι Σήμερα - Πρόγραμμα 2024 | iathens.gr
Craigslist Org Sf
Spinning Gold Showtimes Near Emagine Birch Run
968 woorden beginnen met kruis
Uc Davis Tech Management Minor
Squalicum Family Medicine
Go Nutrients Intestinal Edge Reviews
Cara Corcione Obituary
The top 10 takeaways from the Harris-Trump presidential debate
1Tamilmv.kids
Noelleleyva Leaks
Latest Posts
Article information

Author: Chrissy Homenick

Last Updated:

Views: 6014

Rating: 4.3 / 5 (74 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Chrissy Homenick

Birthday: 2001-10-22

Address: 611 Kuhn Oval, Feltonbury, NY 02783-3818

Phone: +96619177651654

Job: Mining Representative

Hobby: amateur radio, Sculling, Knife making, Gardening, Watching movies, Gunsmithing, Video gaming

Introduction: My name is Chrissy Homenick, I am a tender, funny, determined, tender, glorious, fancy, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.