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

This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.

Source link