Aerodrome Finance

24h change: -6.19%. From $0.5028 to $0.4717.

• The team released details on ongoing audits for the merger of Aerodrome and Velodrome into Aero. Audits by ChainSecurity and Sherlock found no critical or high vulnerabilities though the timeline was extended with an additional review. The codebase becomes public on August 3, a public contest runs from August 24 to September 11, and the full launch follows in September. Aero aims to provide unified liquidity across Ethereum mainnet and layer 2 networks with Aero-Lite for faster chain deployments. This matters as it represents a major evolution for one of Base's leading decentralized exchanges.
• Aerodrome is replacing its weekly voting system with Predictive Allocation. This new mechanism rewards participants for accurately forecasting where future liquidity demand will emerge rather than basing incentives on past fee generation. It launches as part of broader protocol changes and could attract sophisticated players such as trading firms and AI agents. The upgrade positions the protocol to address liquidity fragmentation in DeFi and evolve spot trading incentives.
• Recent data shows Aerodrome generating over $2.5 billion in 7-day trading volume on Base, slightly ahead of Uniswap. The protocol has surpassed $520 million in cumulative fees generated. These metrics highlight its central role in the Base ecosystem even as the merger with Velodrome progresses. Strong on-chain activity continues to underpin the project as it prepares for cross-chain expansion.

24h change: -0.44%. From $0.5049 to $0.5027.

• Aerodrome is transitioning its incentive system from epoch-based gauge voting to Predictive Allocation. Token operators will allocate rewards continuously based on forecasts of future trading activity rather than past fees, with gauge caps burning unneeded emissions to reduce inflation. This is expected to improve capital efficiency by up to 80 percent, create more consistent returns for liquidity providers, and better align incentives across all participants. The upgrade is a core component of MetaDEX03 and supports the broader transition to the Aero unified liquidity layer.
• The Aerodrome Public Goods Fund executed a 214,000 AERO buyback that was immediately max-locked. This forms part of a market-aware model that has acquired and locked more than 50 million AERO over the past year through the PGF, Flight School, Relay, and related programs. Buybacks help offset emissions, demonstrate protocol revenue generation exceeding dilution, and support value accrual to locked token holders. The activity continues amid preparations for the Aero merger.
• Aerodrome and Velodrome are merging to create Aero, a consolidated liquidity layer for Ethereum that unifies value across chains instead of fragmenting it. The shift includes deployment to Ethereum mainnet, ARC, and other EVM chains to expand the total addressable market by approximately three times. New products, the Momentum Fund to counter reflexive volatility, and an upgraded dashboard at aero.xyz showing combined metrics are already visible ahead of the full integration. All protocol value continues to flow entirely to native token holders.

24h change: +4.67%. From $0.4826 to $0.5051.

• Aerodrome plans to launch Predictive Allocation in July, replacing its weekly gauge voting system with a mechanism that allocates liquidity incentives based on forecasts of where future trading demand will emerge. The upgrade draws from prediction market principles to reward accurate anticipation of market needs rather than past performance. It is expected to attract AI agents, trading firms, and other participants optimized for dynamic, agentic markets. This represents a significant evolution for one of Base's core protocols and could influence broader approaches to onchain liquidity.
• Recent data shows Aerodrome generating a substantial portion of fees and revenue on the Base network, including over one third of daily protocol revenue in sampled periods. The protocol has previously surpassed $520 million in cumulative fees, underscoring its sustained productivity as the primary DEX on the chain. This performance coincides with liquidity rotations toward higher-quality pools and ongoing metrics transparency that supports veAERO holders. Such dominance reinforces Aerodrome's role in Base's maturing DeFi ecosystem.
• Aerodrome has conducted notable buybacks, including a recent lock of 87,000 AERO through its Protocol Growth Fund, adding to over 190 million tokens acquired and locked across incentive programs. These activities support token utility for veAERO holders who direct incentives and earn fees. Combined with liquidity migrations from other protocols and steady onchain metrics, they reflect ongoing efforts to strengthen the ecosystem ahead of the Predictive Allocation rollout.

24h change: -6.29%. From $0.515 to $0.4826.

• Aerodrome plans to introduce Predictive Allocation this month. The upgrade replaces weekly gauge voting with a real-time mechanism where participants allocate liquidity incentives based on expected future demand rather than historical fees. Inspired by prediction markets, it aims to improve capital efficiency by up to 80 percent and attract participants such as trading firms and AI agents. This forms a key part of evolving the protocol into a more efficient onchain liquidity hub.
• Dromos Labs is unifying Aerodrome on Base and Velodrome on Optimism into a single Aero platform. The rollout includes expansion to Ethereum mainnet and aims to address liquidity fragmentation. Existing AERO and VELO tokens will consolidate under AERO with no new supply created. The move positions Aero to compete directly with leading DEXs such as Uniswap and Curve as a central liquidity hub.
• The protocol has been implementing infrastructure upgrades and liquidity migrations in preparation for the July 2026 Aero launch. These changes support the unified cross-chain DEX and new features like Predictive Allocation. The timeline aligns with the broader merger and expansion plans first outlined in late 2025. Participants are encouraged to migrate positions to new pools in advance of the launch.

24h change: -2.93%. From $0.5338 to $0.5182.

• Dromos Labs is merging Aerodrome on Base with Velodrome on Optimism into a single cross-chain protocol called Aero. The launch targets July 2026 and expands to Ethereum mainnet and Circle's Arc blockchain while unifying tokenomics under AERO. Liquidity providers began migrating to new MEV-resistant pools in May 2026 to continue earning emissions. The move aims to reduce fragmentation and build a stronger liquidity hub across Ethereum ecosystems.
• The protocol recently surpassed 520 million dollars in total fees generated and nearly 400 billion dollars in all-time volume. It handles around 61 percent of Base DEX volume and routes 100 percent of swap fees to veAERO lockers. Strong lock rates and buyback activity support the token ahead of the Aero transition. These metrics reinforce its position as the primary liquidity layer on Base.
• Aerodrome is introducing Predictive Allocation in July as part of the Aero launch. The system lets participants allocate incentives based on expected future demand instead of weekly voting, creating prediction-market dynamics for liquidity. It builds on the veAERO model that has driven the protocol's success on Base. The upgrade seeks to improve capital efficiency as the platform expands cross-chain.