Balancer
as of 19 October 2026
Verdict
Active but concentrated: proposals keep coming, and a small group of addresses decides most outcomes.
Key figures
Health breakdown
Activity
Activity is steady: 14 proposals in the last 90 days, against 55 over the year.
SnapshotParticipation
The typical proposal cleared its quorum, and 96% of recent proposals reached it.
SnapshotTreasury diversification
97% of the treasury is held in assets other than the organization's own token.
DefiLlamaVote decentralization
Only 10 addresses voted across the last three settled proposals.
SnapshotWhat moved the score
- Activity100
- Participation98
- Treasury diversification97
What changed
- 10 Oct 20262 new proposals.
- 3 Oct 20262 new proposals.
- 1 Oct 2026Health score rose from 77 to 87.
- 1 Oct 20262 new proposals.
Treasury
| Own token | $429.8k | 3.3% |
|---|---|---|
| Stablecoins | $2.3m | 18% |
| Other major assets | $3m | 22% |
| Other | $7.4m | 56% |
Treasury values move with token prices. See the daily history for how this figure has changed.
Governance activity
Proposals per month
Text version of this chart
| 2025-10 | 6 |
|---|---|
| 2025-11 | 5 |
| 2025-12 | 6 |
| 2026-01 | 9 |
| 2026-02 | 7 |
| 2026-03 | 4 |
| 2026-04 | 2 |
| 2026-05 | 2 |
| 2026-07 | 2 |
| 2026-08 | 6 |
| 2026-09 | 2 |
| 2026-10 | 4 |
Health score over the last year
Text version of this chart
| Date | Value |
|---|---|
| 1 Sept 2026 | 77 |
| 2 Sept 2026 | 77 |
| 3 Sept 2026 | 77 |
| 4 Sept 2026 | 77 |
| 5 Sept 2026 | 77 |
| 6 Sept 2026 | 77 |
| 7 Sept 2026 | 77 |
| 8 Sept 2026 | 77 |
| 9 Sept 2026 | 77 |
| 10 Sept 2026 | 77 |
| 11 Sept 2026 | 77 |
| 12 Sept 2026 | 77 |
| 13 Sept 2026 | 77 |
| 14 Sept 2026 | 77 |
| 15 Sept 2026 | 77 |
| 16 Sept 2026 | 77 |
| 17 Sept 2026 | 77 |
| 18 Sept 2026 | 77 |
| 19 Sept 2026 | 77 |
| 20 Sept 2026 | 77 |
| 21 Sept 2026 | 77 |
| 22 Sept 2026 | 77 |
| 23 Sept 2026 | 77 |
| 24 Sept 2026 | 77 |
| 25 Sept 2026 | 77 |
| 1 Oct 2026 | 87 |
| 2 Oct 2026 | 87 |
| 3 Oct 2026 | 90 |
| 4 Oct 2026 | 90 |
| 5 Oct 2026 | 90 |
| 6 Oct 2026 | 90 |
| 7 Oct 2026 | 86 |
| 8 Oct 2026 | 86 |
| 9 Oct 2026 | 86 |
| 10 Oct 2026 | 89 |
| 11 Oct 2026 | 89 |
| 12 Oct 2026 | 89 |
| 13 Oct 2026 | 89 |
| 14 Oct 2026 | 85 |
| 15 Oct 2026 | 85 |
| 16 Oct 2026 | 85 |
| 17 Oct 2026 | 85 |
| 18 Oct 2026 | 85 |
| 19 Oct 2026 | 85 |
Recent proposals
[BIP-933] Claim Timeless VeBalGrant USDC fees
9 Oct 2026[BIP-932] Fork and Reincarnate Without a Grant
9 Oct 2026[BIP-931] Balancer x CoWSwap Tokenswap and token purchase
2 Oct 2026[BIP-930] Distribution of Recovered Funds from Balancer V1 August 31st 2026 Exploit
2 Oct 2026[BIP-929] Fork and Reincarnate
26 Sept 2026[BIP-928] Orderly Winddown of Balancer and Distribution of the Treasury
26 Sept 2026[BIP-927] Revoke Unused V2 Vault Permissions from Deprecated Relayers
28 Aug 2026[BIP-926] Treasury Council Resignation: Xeonus, Successor Nomination of zekraken
28 Aug 2026[BIP-925] Unwind Timeless ve8020 BAL Grant
21 Aug 2026[BIP-923](rerun) Next Phase Decision for Rescued Funds Distribution from Balancer v2 November 2025 Attacks
21 Aug 2026
Participation and power
Top voters in recent votes
- 10x9f74…D68e43%
- 20xa9B3…eB7E36%
- 30xff02…17519.8%
- 40x8787…ea526.4%
- 50x512f…f5F34.6%
- 60xBC19…367d0.2%
- 70xEf2C…32050.0%
- 80x9d57…65a50.0%
- 90x1b35…f08C0.0%
- 100x1398…516A0.0%
Addresses are shown as the source publishes them. daohaus.com makes no attempt to identify the people behind them.
Snapshot · 19 Oct 2026Sources and verification
Every figure on this page was read from one of these. Each row links to the page a person can check.
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A classification of how much control software agents hold is planned for a future update.