Balancer is a market maker on Ethereum, which is an exchange for trading ERC20 tokens without an order book. Balancer works similarly to other decentralized exchanges (DEX), such as Uniswap (UNI) and Curve (CRV). It is also possible to combine up to eight tokens into pools.

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Balancer

Chris Burniske

RT @cburniske: .@Balancer is flexing in the red hot LSD market: with $69.5M, Balancer has the deepest liquidity of any DEX for rETH, the 3r…

.@Balancer is flexing in the red hot LSD market: with $69.5M, Balancer has the deepest liquidity of any DEX for rETH, the 3rd largest LSD of Ethereum...with $250M, Balancer also has the 2nd deepest pool for stETH, the largest LSD with over 75% market share https://t.co/RyVviLTKst

RT @cburniske: . @Balancer is flexing in the red hot LSD market: with $69.