Liquidity depth per major asset
Balancer (v2 + v3)'s assessment for RD-F-065 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Balancer is the liquidity venue — pool TVL and depth are the same construct. With $115.8M total TVL across hundreds of pools on 13 chains, individual pool depth is thin. The primary governance pool (80/20 BAL/WETH on Ethereum) has seen severe depth erosion alongside the ~85% TVL decline since the Nov 2025 exploit. At current TVL levels, Balancer's aggregate 2% price impact depth is materially lower than the $500M+ protocol period. The protocol no longer has the pool depth to absorb large liquidations from integrating protocols. No 2% depth figure computed (subgraph unavailable); scored yellow based on TVL-derived proxy.
Sources #
- Partner feed
- Balancer DAO Recovery Plan DiscussionCoinDesk TVL decline context post-November 2025 exploitretrieved 2026-05-05
Methodology #
Measure on-chain liquidity depth for protocol-held assets at 2% and 5% price impact in USD.
See the full factor methodology and distribution across all protocols →