In Norse mythology, Váli is a god and the son of the god Odin and the female jötun Rindr. Váli has numerous brothers including Thor, Baldr, and Víðarr. He was born for the sole purpose of avenging Baldr, and does this by killing Höðr, who was an unwitting participant, and binding Loki with the entrails of his son Narfi. Váli grew to full adulthood within one day of his birth, and slew Höðr before going on to Loki. He is prophesied to survive Ragnarök.

Baldr is a god in Germanic mythology. In Norse mythology, he is a son of the god Odin and the goddess Frigg, and has numerous brothers, such as Thor and Váli. In wider Germanic mythology, the god was known in Old English as Bældæġ, and in Old High German as Balder, all ultimately stemming from the Proto-Germanic theonym *Balðraz.