Balancer
as of 2 September 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: 8 proposals in the last 90 days, against 59 over the year.
SnapshotParticipation
The typical proposal cleared its quorum, and 97% 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
- Participation98
- Treasury diversification97
- Activity73
What changed
Nothing has changed in the last 30 days.
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
| 2025-09 | 4 |
|---|---|
| 2025-10 | 12 |
| 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 |
Health score over the last year
Text version of this chart
| Date | Value |
|---|---|
| 1 Sept 2026 | 77 |
| 2 Sept 2026 | 77 |
Recent proposals
[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[BIP-922](rerun) Recover unclaimed legacy LM MerkleRedeem funds to BizDev Safe
21 Aug 2026[BIP-924] Exclude Aura from Governance and Reduce Quorum
14 Aug 2026[BIP-923] Next Phase Decision for Rescued Funds Distribution from Balancer v2 November 2025 Attacks
31 Jul 2026[BIP-922] Recover unclaimed legacy LM MerkleRedeem funds to BizDev Safe
31 Jul 2026[BIP-921] 1-BAL-1-Vote Reconfiguration for `balancer.eth` Snapshot Space
13 May 2026[BIP-920] veBAL Compensation Airdrop
6 May 2026
Participation and power
Top voters in recent votes
- 10x9f74…D68e43%
- 20xa9B3…eB7E33%
- 30x8787…ea5216%
- 40xff02…17517.8%
- 50xE585…330E0.1%
- 60x15C5…Bfaa0.1%
- 70x2005…14380.0%
- 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 · 2 Sept 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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Something wrong?Comparing organizations side by side is planned for a future update.
A classification of how much control software agents hold is planned for a future update.