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Balancer V3

DEX / AMMRe-architected Vault; custom-pool friendly, multi-token pools. Audited 2024; distinct codebase from V2.

$82.8M
TVL · DefiLlama
ETH $3,420 ▲1.2%
price · DefiLlama (24h) · preview

AI review

AI

AI assessment

updated 4h ago·Claude (preview)·preview

Balancer V3 is a dex / amm protocol. 1 of 16 risk feeds in the registry report on it. No incidents are recorded in the registry. No material change has been detected in the current window.

  • Governance: BAL/veBAL holders vote via Snapshot; DAO multisig enacts (shared Balancer governance) governance
  • 1 of 16 feeds report on Balancer V3. coverage
  • No incidents recorded — an empty incident history is itself a signal. incident

AI-generated summary of facts already in this registry — not a Rails assessment, not a risk score, and not a ranking. Per the project charter, the registry never produces its own composite risk judgement. Verify every point against the linked sources below. This is an illustrative preview of a proposed feature; the content is not live.

Feeds

Feed coverage1 covered · 0 partial · 15 not yet covered of 16

How feeds see it

Rating
1 / 0
Dashboard
Monitoring
Research

Seen through 1 of 4 methodology lenses (rating). A neutral view of who is looking and how — not a risk judgement.

DeFiPunk'd
Rating
Covered

'Balancer V3' page; 5-dimension AI-consensus, 2 of 5 graded; preliminary. Spot-check pending.

Bronze tiersample
View source
DeFiScan
Rating
Not yet covered

Decentralization maturity: who controls keys, upgrades, and admin powers. Stage 0–2 framework.

LlamaRisk
Research
Not yet covered

Protocol risk research and parameter recommendations; collateral and governance risk.

BlockAnalitica
Dashboard
Not yet covered

Quantitative on-chain risk dashboards for lending markets: liquidations, collateral health, exposure.

CuratorWatch
Dashboard
Not yet covered

Vault-level risk monitoring for Morpho curators: allocation risk and curator behavior.

Credora
Rating
Not yet covered

Institutional-grade credit-risk ratings for DeFi protocols and borrowers. Credora by RedStone; GraphQL API + on-chain attestations (EAS).

Xerberus
Rating
Not yet covered

Independent risk rating for DeFi vaults; 300+ subscores across 85+ mechanisms. Open-source.

Philidor Analytics
Rating
Not yet covered

Deterministic vault risk scoring across 700+ vaults: asset quality, code maturity, governance. Open methodology (public API, CLI, MCP server).

pigi.finance
Dashboard
Not yet covered

Vault analytics and risk-adjusted yield across 50+ protocols; exploits, concentration, risk-adjusted APY. Paid structured API.

DeFi Saver
Monitoring
Not yet covered

Position-management tooling: live loan-health / safety-ratio tracking and automated liquidation protection for leveraged positions.

Zyfai Risk
Dashboard
Not yet covered

Real-time risk scores for DeFi liquidity pools: risk metrics, TVL, APY, security grades.

Anticapture
Research
Not yet covered

DAO governance-capture risk: delegate/voting-power concentration, cost-to-attack vs. treasury value, and proposal/power-shift monitoring across major DAOs. Open-source.

Exponential DeFi
Rating
Not yet covered

Risk ratings (A–F) decomposed into protocol, asset, chain, and pool risk across DeFi yield pools. Open whitepaper methodology. (Standalone product migrated into YO Protocol in 2026 — ratings shown are pre-migration samples.)

DeFi Safety
Rating
Not yet covered

Process Quality Reviews (PQR): documentation, testing, audits, and admin-key practices scored 0–100. Transparency-of-process, not market risk.

Gauntlet
Research
Not yet covered

Agent-based economic simulation: insolvency prevention, parameter optimization, and risk-scenario analysis for lending markets.

Chaos Labs
Dashboard
Not yet covered

Edge risk oracles and economic-risk dashboards: real-time parameter automation and scenario stress for lending markets (active on Aave, GMX, Pendle).

Governance

Governance at a glance

Governance
DAO (shared Balancer governance)
Multisig
6 / 11
Core contracts
Immutable

Structural facts, distilled from the sourced control records below — neutral capabilities, not a risk score. Multisig threshold and signer count are fetched live via the Safe API.

Governance
BAL/veBAL holders vote via Snapshot; DAO multisig enacts (shared Balancer governance)verified
Upgradeability
V3 Vault immutable/non-upgradeable; LP funds withdrawable even if governance is compromisedverified
Admin control
DAO multisig governs Vault permissions via the Authorizerverified
Architecture
Re-architected Vault with a simplified custom-pool modelverified

Audits

AuditorDateScope
Certora2024-09Balancer v3 Vault + core (formal verification)Report
Spearbit2024-10Balancer v3 monorepoReport
Trail of Bits2024-10Balancer v3 monorepoReport

Representative public audits, attributed and linked to source — not a Rails assessment, and not a completeness or safety guarantee.