Total Value Locked$142.55m
TVL by Chain
Base$142.55m
Key Metrics
Fees 30d$1.85m
Fees 30d by chain
Base$1.85m
Fees 7d$372,500
Base$372,500
Fees 24h$31,889
Base$31,889
Cumulative Fees$224.34m
Base$224.34m
Revenue 30d$1.4m
Revenue 30d by chain
Base$1.4m
Revenue 7d$311,693
Base$311,693
Revenue 24h$22,324
Base$22,324
Cumulative Revenue$203.58m
Base$203.58m
Holders Revenue 30d$1.4m
Holders Revenue 30d by chain
Base$1.4m
Holders Revenue 7d$311,693
Base$311,693
Holders Revenue 24h$22,324
Base$22,324
Cumulative Holders Revenue$203.58m
Base$203.58m
DEX Volume 30d$337.17m
DEX Volume 30d by chain
Base$337.17m
DEX Volume 7d$58.45m
Base$58.45m
DEX Volume 24h$9.28m
Base$9.28m
Cumulative DEX Volume$22.196b
Base$22.196b
Protocol Information
A central trading and liquidity marketplace on Base.
Sub Category: ve(3,3)
Audits:No
Methodology
TVL: Value of the tokens locked in the liquidity pools.View code on GitHubFees: Total swap fees paid by traders. Per-pool fee rate read from PoolFactory.getFee (default sAMM 0.05%, vAMM 0.30%; customizable per pool) applied to each swap's input amount.View code on GitHubRevenue: veAERO holders' share of swap fees, equal to HoldersRevenue (Aerodrome's zero-leak model routes all protocol revenue to voters).View code on GitHubHolders Revenue: Fees earned by LPs staked in the gauge — forwarded to FeeVotingReward for distribution to veAERO voters. Computed per pool as fees × pool.balanceOf(gauge) / pool.totalSupply.View code on GitHubDEX Volume: Swap volume, excluding wash trading: pools whose daily trades come from too few distinct addresses to be organic, unless every pool token is a core asset or CoinGecko-listed.View code on GitHubYields
Pools Tracked146
Average Supply APY345.88%
User Activity
Active Addresses (24h)1,080
New Addresses (24h)205
Transactions (24h)20,423
Gas Used (24h)0.08 ETH
Gas Cost (24h)$195
Hacks
Date: Nov 21, 2025
Amount: $700,000
Classification: Frontend & Infrastructure
Technique: DNS Hijack
Chains: Ethereum, Optimism
Language: Solidity
Target Type: DeFi Protocol
Competitors
Aerodrome V1 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 29, 2023 to Oct 20, 2026.
All-time high TVL: $796.58m on Apr 24, 2024. All-time low TVL: $230,142 on Aug 29, 2023.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $139.98m |
| Sep 22, 2026 | $142.51m |
| Sep 23, 2026 | $143.9m |
| Sep 24, 2026 | $139.08m |
| Sep 25, 2026 | $141.46m |
| Sep 26, 2026 | $146.17m |
| Sep 27, 2026 | $149.81m |
| Sep 28, 2026 | $148.26m |
| Sep 29, 2026 | $146.9m |
| Sep 30, 2026 | $146.54m |
| Oct 1, 2026 | $147.39m |
| Oct 2, 2026 | $144.99m |
| Oct 3, 2026 | $146.58m |
| Oct 4, 2026 | $149.71m |
| Oct 5, 2026 | $153.71m |
| Oct 6, 2026 | $152.85m |
| Oct 7, 2026 | $149.88m |
| Oct 8, 2026 | $145.96m |
| Oct 9, 2026 | $144.02m |
| Oct 10, 2026 | $143.51m |
| Oct 11, 2026 | $149.94m |
| Oct 12, 2026 | $146.88m |
| Oct 13, 2026 | $138.51m |
| Oct 14, 2026 | $143.61m |
| Oct 15, 2026 | $145.8m |
| Oct 16, 2026 | $145.4m |
| Oct 17, 2026 | $139.58m |
| Oct 18, 2026 | $139.33m |
| Oct 19, 2026 | $132.09m |
| Oct 20, 2026 | $133.89m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $634.4m |
| Dec 31, 2024 | $600.99m |
| Jan 31, 2025 | $472.62m |
| Feb 28, 2025 | $287.72m |
| Mar 31, 2025 | $259.22m |
| Apr 30, 2025 | $248.13m |
| May 31, 2025 | $262.13m |
| Jun 30, 2025 | $280.26m |
| Jul 31, 2025 | $319.85m |
| Aug 31, 2025 | $341.97m |
| Sep 30, 2025 | $308.27m |
| Oct 31, 2025 | $247.19m |
| Nov 30, 2025 | $187.77m |
| Dec 31, 2025 | $163.99m |
| Jan 31, 2026 | $146.21m |
| Feb 28, 2026 | $111.59m |
| Mar 31, 2026 | $115.6m |
| Apr 30, 2026 | $130.75m |
| May 31, 2026 | $136.92m |
| Jun 30, 2026 | $119.1m |
| Jul 31, 2026 | $119.81m |
| Aug 31, 2026 | $115.86m |
| Sep 30, 2026 | $146.54m |
| Oct 20, 2026 (latest) | $133.89m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $122.14m |
| Dec 31, 2024 | $600.99m |
| Dec 31, 2025 | $163.99m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $14.14m | $13.74m | $13.74m |
| Dec 2024 | $15.18m | $14.07m | $14.07m |
| Jan 2025 | $13.6m | $10.16m | $10.16m |
| Feb 2025 | $6.19m | $5.06m | $5.06m |
| Mar 2025 | $4.17m | $3.23m | $3.23m |
| Apr 2025 | $3.45m | $2.84m | $2.84m |
| May 2025 | $4.29m | $3.23m | $3.23m |
| Jun 2025 | $4.86m | $3.26m | $3.26m |
| Jul 2025 | $3.46m | $2.68m | $2.68m |
| Aug 2025 | $4.94m | $3.59m | $3.59m |
| Sep 2025 | $3.8m | $2.81m | $2.81m |
| Oct 2025 | $4.65m | $3.58m | $3.58m |
| Nov 2025 | $3.34m | $2.74m | $2.74m |
| Dec 2025 | $1.79m | $1.43m | $1.43m |
| Jan 2026 | $1.67m | $1.28m | $1.28m |
| Feb 2026 | $1.42m | $1.03m | $1.03m |
| Mar 2026 | $1.71m | $792,494 | $792,494 |
| Apr 2026 | $1.12m | $695,533 | $695,533 |
| May 2026 | $1.56m | $791,245 | $791,245 |
| Jun 2026 | $1.46m | $932,909 | $932,909 |
| Jul 2026 | $1.05m | $784,451 | $784,451 |
| Aug 2026 | $951,570 | $605,017 | $605,017 |
| Sep 2026 | $1.96m | $1.31m | $1.31m |
| Oct 2026 (to date) | $1.03m | $793,887 | $793,887 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/aerodrome-v1
Frequently asked questions
What is Aerodrome V1's TVL?
As of Oct 20, 2026, Aerodrome V1 has $142.55m in total value locked. TVL has increased 6% over the past 30 days.
What chains does Aerodrome V1 operate on?
Aerodrome V1 operates on Base. Base holds the largest share at 100%.
How much has Aerodrome V1 generated in fees and revenue?
Over the past 30 days, Aerodrome V1 generated $1.85m in fees. Of that, $1.4m was protocol revenue. Based on the trailing year, the annualized rate is $20.73m in fees and $14.43m in revenue.
How does Aerodrome V1's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Aerodrome V1 ranks #19 by TVL. The category holds $14.197b across 1,917 protocols, and Aerodrome V1 accounts for 1% of that total. Similar protocols include Uniswap V3, Uniswap V4, PancakeSwap AMM, Curve DEX, Uniswap V2, PancakeSwap AMM V3, Fluid DEX, Aerodrome Slipstream, PancakeSwap Infinity, and THORChain DEX.
How much trading volume does Aerodrome V1 process?
Aerodrome V1 processed $337.17m in DEX volume over the past 30 days.
Has Aerodrome V1 ever been exploited?
Aerodrome V1 has 1 recorded security incident. The most recent incident occurred on Nov 21, 2025 and involved $700,000. It was classified as Frontend & Infrastructure.