Aerodrome 

AERO Price

What is the Aerodrome Finance crypto?

Aerodrome Finance is a decentralized automated market maker (AMM) that operates as the central trading and liquidity hub of Base, Coinbase's Ethereum Layer-2 network. The protocol launched on August 28, 2023 as a fork of Velodrome v2 and uses the ve(3,3) model from the Solidly lineage. Liquidity providers earn AERO emissions, and protocols bid for votes to direct those emissions to their own pools.

How does veAERO staking and voting work on Aerodrome?

AERO holders lock tokens into veAERO, a non-transferable vote-escrow NFT. veAERO positions vote weekly on which pools receive AERO emissions, and lockers accrue 100% of protocol swap fees plus external incentives directed to pools. veAERO voting can also change emission rates themselves — a mechanism known as the "Aero Fed." Because veAERO is non-transferable, voting power stays with locked holders.

What is AERO's total supply and maximum supply?

AERO has no fixed maximum supply — weekly emissions make the token structurally inflationary. Official documentation puts the genesis supply at 500 million AERO, of which 450 million (90%) launched as vote-locked veAERO on August 28, 2023. Weekly emissions began at 10 million AERO — 2% of initial supply — and decay each epoch toward a base level. Per DropsTab data, AERO's total supply stood near 1.98 billion as of September 2026.

Does AERO's emission and token unlock schedule create dilution risk for holders?

Yes — emissions are permanent, so AERO's supply expands indefinitely at a decaying relative rate, and holders who do not lock face continuous dilution. Locking into veAERO offsets dilution because lockers capture protocol fees and incentives. Aerodrome has no cliff-based team or investor vesting schedule, so no scheduled unlock releases add sell pressure beyond emissions. veAERO votes on emission rates are the main lever on dilution.

Who created Aerodrome Finance and who invested in it?

A pseudonymous team built Aerodrome, led by "Alex," a former veDAO contributor. No VC funding rounds, raise amounts, or valuations have been publicly disclosed. The project's close ties to Base and Coinbase reflect ecosystem alignment — including genesis liquidity seeding — rather than a disclosed investment round. Concentration risk from a single large VC holder is not documentable; the dominant supply concentration is the 90% community veAERO genesis lock.

What did Aerodrome Finance's genesis airdrop distribute?

Aerodrome's genesis distribution on August 28, 2023 allocated roughly 450 million AERO to early Base users, Onchain Summer testnet participants, and Velodrome veVELO lockers. Recipients received allocations as veAERO locks rather than liquid AERO. The campaign is completed — nothing remains to claim — and no active airdrop or point-farming campaign has been announced since.

Where can you trade AERO?

AERO trades on 30+ centralized spot venues, including Coinbase (AERO/USD), Binance (AERO/USDT and AERO/USDC), Kraken (AERO/USD and AERO/EUR), Upbit, Bitstamp, and KuCoin. Perpetual futures trade on Binance, OKX, Bybit, Hyperliquid, and Deribit. On-chain, per DropsTab data, DEX liquidity concentrates on Base — native Aerodrome pools (AERO/USDC, AERO/cbBTC, AERO/WETH) plus Uniswap V3 (Base) pairs.

Is AERO safe after the November 2025 front-end hack?

On November 22, 2025, Aerodrome's front-end domains were compromised through a DNS registrar hijack at NameSilo, which redirected users to phishing sites. The team reported roughly $700,000 in user losses. On-chain contracts were unaffected, and the team migrated domains. The incident was an operational front-end risk, not a smart-contract exploit — contract-level and front-end risks are distinct.

How do you swap and provide liquidity on the Aerodrome DEX?

To swap on Aerodrome, a user connects a Base-compatible wallet to the protocol's interface and trades against its pooled liquidity. To provide liquidity, a depositor supplies paired assets — for example AERO/USDC — into a pool and earns AERO emissions directed to that pool by veAERO votes. Token issuers can also bid incentives to attract emissions to their own pools on Base.