Three days after launch, Balancer boasts $190,000 liquidity and $16,000 volume
April 3, 2020, 5:44PM EDT · 3 min read
Quick Take
- Balancer, an n-dimensional automated market maker, officially launched on March 31
- The hybrid asset management/exchange protocol now contains just under $190,000 from 42 unique liquidity providers distributed across 16 pools
- Several days after launch, we see a power law distribution across key metrics including: liquidity per LP; liquidity per asset, and liquidity per pool.
Balancer, an n-dimensional automated market maker, officially launched on March 31.
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