Balancer

Balancer

Balancer Labs
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About

Balancer protocol is a non-custodial portfolio manager, liquidity provider, and price sensor. Customizable number of assets and weights within a pool. Trade against all pools in the Balancer ecosystem for best price execution. Pools controlled by smart contracts can implement any arbitrary trading strategy or logic. Exchange tokens without deposits, bids / asks, and order management. All on-chain. Preview an expected trade price for two assets given existing liquidity and slippage. Trades are split through an SOR which performs an optimization across all pools for best price execution. Frontends are open-source and will be made available through IPFS. Trade any tokens without need for whitelisting or approval. A Balancer Pool is an automated market maker with certain key properties that cause it to function as a self-balancing weighted portfolio and price sensor. Up to 8 tokens. Any weights. And programmability through smart-contract owned pools.

About

Loopring is an open protocol for building scalable non-custodial exchanges on Ethereum. Leveraging zero-knowledge proofs (zkRollup), it allows for high performance trading (high throughput, low settlement cost), without sacrificing Ethereum-level security guarantees. Users always maintain 100% control of their assets throughout the trade lifecycle. You can trade on Loopring to test it out. Loopring is an open-sourced, audited, and non-custodial exchange protocol, which means nobody in the Loopring ecosystem needs to trust others. Cryptoassets are always under users' own control, with 100% Ethereum-level security guarantees. Loopring powers highly scalable decentralized exchanges by batch-processing thousands of requests off-chain, with verifiably correct execution via ZKPs. The performance of underlying blockchains is no longer the bottleneck. Loopring performs most operations, including order-matching and trade settlement, off the Ethereum blockchain.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Supported
Chromebook Not Supported

Audience

Anyone interested in a protocol for programmable liquidity

Audience

Anyone interested in a open protocol for highly scalable, non-custodial exchanges and payments on Ethereum using zkRollup

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Reviews/Ratings

Overall 3.0 / 5
ease 3.5 / 5
features 3.0 / 5
design 2.5 / 5
support 2.5 / 5

Pros & Cons from Real Users

Pros

  • I didn't really like anything. May be the fact that you changing tokens on l2 is gas free a plus
  • It was very easy to link my wallet with the MetaMask extension in Chrome. Then you can trade without paying the gas fees. It only cost $0.40 per trade which is considerably cheaper than gas fees right now.

Cons

  • It doesn't work with any WalletConnect compatible dapp except for their own website.
  • Nothing really. Interface is basic but this is a beta. The high cost for setting up their L2 wallet is off-putting but that is because of the current gas fee on L1 network.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Company Information

Balancer Labs
Founded: 2019
balancer.exchange/

Company Information

Loopring
Founded: 2017
China
loopring.org

Alternatives

Alternatives

Polygon

Polygon

Polygon Labs
Starknet

Starknet

StarkWare

Categories

Categories

Integrations

CoinLedger Supported
Dune Dashboard Supported
Hummingbot Supported
PieDAO Supported
Token Terminal Supported
Apex Crypto Not Supported
Coinbase Not Supported
Exponential DeFi Supported
HitBTC Not Supported
MetaMask Not Supported
Ocean Protocol Supported
Pools.fyi Supported
Uniswap Not Supported
Wanchain Not Supported
mStable Supported
pTokens Not Supported

Integrations

CoinLedger Supported
Dune Dashboard Supported
Hummingbot Supported
PieDAO Supported
Token Terminal Supported
Apex Crypto Supported
Coinbase Supported
Exponential DeFi Not Supported
HitBTC Supported
MetaMask Supported
Ocean Protocol Not Supported
Pools.fyi Not Supported
Uniswap Supported
Wanchain Supported
mStable Not Supported
pTokens Supported
Claim Balancer and update features and information
Claim Balancer and update features and information
Claim Loopring and update features and information
Claim Loopring and update features and information