Balancer breaks $100m AUM as BAL begins trading on secondary markets

Quick Take

  • Balancer, an n-dimensional automated market maker, has surpassed $100m in AUM
  • Key performance indicators are up across the board as protocol token, BAL, trades at $1.4bn fully diluted market capitalization¬†
  • Despite dramatic growth in liquidity inflows trade volumes remain relatively muted, raising questions around long-term capital efficiency

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