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Aero

Total Value Locked$384.93m

TVL by Chain

Base$346.29m

OP Mainnet$18.58m

Ethereum$7.34m

Robinhood Chain$4m

Ink$3.94m

Arc$2.99m

Arbitrum$1.18m

Fraxtal$271,732

Soneium$112,203

Celo$84,010

Unichain$54,194

BOB$34,780

Lisk$18,946

Mode$16,188

Superseed$0

Swellchain$0

Key Metrics

Fees 30d$11.74m
Fees 30d by chain

Base$11.3m

OP Mainnet$353,306

Ink$46,927

Arc$25,570

Robinhood Chain$7,127

Ethereum$6,072

Arbitrum$1,166

Celo$1,111

Soneium$748.67

Unichain$520.60

Fraxtal$187.32

Mode$98.60

Lisk$89.06

BOB$12.36

Fees 7d$2.12m

Base$2.02m

OP Mainnet$62,172

Ink$13,102

Arc$8,270

Robinhood Chain$7,127

Ethereum$6,072

Arbitrum$1,166

Soneium$20.49

Lisk$20.46

Celo$14.54

Mode$10.47

Fraxtal$9.35

BOB$1.55

Unichain$0.73

Fees 24h$267,808

Base$246,545

Robinhood Chain$7,127

Ethereum$6,072

OP Mainnet$4,397

Arc$1,516

Arbitrum$1,166

Ink$970.78

Mode$3.64

Lisk$3.61

Soneium$3.45

Celo$2.68

Fraxtal$0.46

BOB$0.22

Unichain$0.06

Cumulative Fees$608.13m

Base$561.14m

OP Mainnet$41.89m

Ink$2.7m

Lisk$978,576

Unichain$473,515

Mode$372,909

Soneium$322,363

Fraxtal$77,839

Celo$75,797

Arc$32,262

Robinhood Chain$22,074

Ethereum$18,635

Swellchain$18,073

BOB$5,391

Arbitrum$3,557

Revenue 30d$8.07m
Revenue 30d by chain

Base$7.66m

OP Mainnet$345,290

Ink$43,502

Robinhood Chain$7,082

Ethereum$6,042

Arbitrum$1,165

Celo$988.41

Arc$765

Soneium$657.45

Unichain$504.14

Fraxtal$184.76

Lisk$77.54

Mode$12.60

BOB$0

Revenue 7d$1.47m

Base$1.38m

OP Mainnet$59,666

Ink$11,763

Robinhood Chain$7,082

Ethereum$6,042

Arbitrum$1,165

Arc$765

Lisk$17.83

Fraxtal$9.31

Soneium$8.46

Celo$3.36

Mode$1.16

Unichain$0.36

BOB$0

Revenue 24h$177,904

Base$159,506

Robinhood Chain$7,082

Ethereum$6,042

OP Mainnet$2,948

Arbitrum$1,165

Arc$765

Ink$389.82

Lisk$3.07

Celo$1.33

Soneium$1.29

Fraxtal$0.46

Mode$0.38

Unichain$0.02

BOB$0

Cumulative Revenue$536.16m

Base$489.24m

OP Mainnet$41.87m

Ink$2.68m

Lisk$978,524

Unichain$473,479

Mode$372,756

Soneium$322,098

Fraxtal$77,766

Celo$75,668

Robinhood Chain$21,840

Ethereum$18,409

Swellchain$18,073

BOB$5,311

Arbitrum$3,552

Arc$2,242

Holders Revenue 30d$8.04m
Holders Revenue 30d by chain

Base$7.63m

OP Mainnet$344,776

Ink$43,377

Robinhood Chain$7,082

Ethereum$6,042

Arbitrum$1,165

Celo$987.36

Arc$765

Soneium$656.68

Unichain$504.13

Fraxtal$184.67

Lisk$76.31

Mode$12.48

BOB$0

Holders Revenue 7d$1.44m

Base$1.35m

OP Mainnet$59,152

Ink$11,638

Robinhood Chain$7,082

Ethereum$6,042

Arbitrum$1,165

Arc$765

Lisk$16.60

Fraxtal$9.22

Soneium$7.69

Celo$2.31

Mode$1.04

Unichain$0.35

BOB$0

Holders Revenue 24h$145,005

Base$127,249

Robinhood Chain$7,082

Ethereum$6,042

OP Mainnet$2,434

Arbitrum$1,165

Arc$765

Ink$264.82

Lisk$1.84

Soneium$0.52

Fraxtal$0.37

Celo$0.28

Mode$0.26

Unichain$0.01

BOB$0

Cumulative Holders Revenue$536.09m

Base$489.18m

OP Mainnet$41.87m

Ink$2.68m

Lisk$978,521

Unichain$473,479

Mode$372,756

Soneium$322,096

Fraxtal$77,766

Celo$75,667

Robinhood Chain$21,840

Ethereum$18,409

Swellchain$18,073

BOB$5,311

Arbitrum$3,552

Arc$2,242

Incentives 1y$210,728

Incentives 30d$210,728

Incentives 7d$210,728

Incentives 24h$210,728

Cumulative Incentives$210,728

Earnings (Annualized)$92.17m

Earnings 30d$7.86m

Earnings 7d$1.26m

Earnings 24h-$32,824

Cumulative Earnings$535.95m

DEX Volume 30d$16.448b
DEX Volume 30d by chain

Base$15.781b

OP Mainnet$498.61m

Arc$62.23m

Ink$59.13m

Robinhood Chain$23.92m

Ethereum$10.69m

Celo$3.91m

Arbitrum$3.02m

Unichain$2.71m

Soneium$2.04m

Fraxtal$118,571

Mode$34,875

Lisk$32,901

BOB$12,214

DEX Volume 7d$3.412b

Base$3.231b

OP Mainnet$108.44m

Robinhood Chain$23.92m

Arc$20.59m

Ink$14.36m

Ethereum$10.69m

Arbitrum$3.02m

Soneium$65,987

Celo$46,888

Lisk$8,163

Unichain$4,354

Mode$3,760

Fraxtal$2,728

BOB$1,953

DEX Volume 24h$449.73m

Base$398.9m

Robinhood Chain$23.92m

Ethereum$10.69m

OP Mainnet$7.15m

Arc$4.48m

Arbitrum$3.02m

Ink$1.55m

Celo$12,778

Soneium$10,669

Lisk$1,284

Mode$1,234

BOB$371

Unichain$364

Fraxtal$329.36

Cumulative DEX Volume$493.624b

Base$449.066b

OP Mainnet$38.73b

Unichain$2.49b

Ink$1.653b

Soneium$642.83m

Celo$340.5m

Lisk$201.49m

Mode$196.21m

Fraxtal$80.27m

Arc$78.27m

Robinhood Chain$59.24m

Swellchain$41.61m

Ethereum$29.42m

Arbitrum$8.42m

BOB$6.68m

Treasury$231.26

Majors$141.65

Stablecoins$18.48

Own Tokens$0

Others$71.14

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Protocol Information

Aero will be the unified liquidity layer for all of Ethereum: a cross-chain exchange that delivers institutional-grade execution, efficiency, and automation.

WebsiteGitHubX/Twitter
Categories:DexsLaunchpad
Products:

Yields

Pools Tracked483

Average Supply APY839.9%

User Activity

Active Addresses (24h)6,714

New Addresses (24h)2,247

Transactions (24h)41,858

Gas Used (24h)0.17 ETH

Gas Cost (24h)$430

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Velodrome V1 - Token swap fees paid by users.View code on GitHubVelodrome V2 - Per-pool swap fee read from PoolFactory.getFee (default vAMM 0.30% / sAMM 0.05%, customizable per pool) applied to each swap, plus external bribes deposited by third parties to voter-incentive contracts.View code on GitHubAerodrome V1 - Swap fees paid by traders, plus bribes deposited for veAERO voters until voting ended with the Aero upgrade on 2026-10-22.View code on GitHubVelodrome V3 - Total swap fees paid by users.View code on GitHubAerodrome Slipstream - Swap fees paid by traders, plus bribes deposited for veAERO voters until voting ended with the Aero upgrade on 2026-10-22.View code on GitHubAero Slipstream - Swap fees paid by traders, plus bribes paid to the protocol to attract AERO Rewards to pools.View code on GitHubAero Basic - Swap fees paid by traders, plus bribes paid to the protocol to attract AERO Rewards to pools.View code on GitHub

Revenue:

Velodrome V1 - Swap fees distributed to VELO token holders.View code on GitHubVelodrome V2 - Swap fees earned by liquidity staked in gauges and bribes, paid to veVELO voters, plus the staked-liquidity fees locked in the gauges since their last fee distribution ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains).View code on GitHubAerodrome V1 - Swap fees earned by liquidity staked in gauges and bribes, paid to veAERO voters, plus the staked-liquidity fees locked in the gauges since their last fee distribution on 2026-10-15.View code on GitHubVelodrome V3 - The share of swap fees earned by liquidity staked in a gauge, plus the rake taken from unstaked liquidity: paid to veVELO voters until the gauges last distributed fees ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains), locked in the gauges after that.View code on GitHubAerodrome Slipstream - Swap fees earned by liquidity staked in gauges plus the cut taken from unstaked liquidity, and bribes, paid to veAERO voters, plus those staked-liquidity fees locked in the gauges since their last fee distribution on 2026-10-15.View code on GitHubAero Slipstream - Swap fees earned by AERO-earning liquidity, the protocol share of fee-earning liquidity fees and bribes, all distributed to sAERO holders.View code on GitHubAero Basic - Swap fees earned by AERO-earning liquidity and bribes, all distributed to sAERO holders.View code on GitHub

Holders Revenue:

Velodrome V1 - Swap fees dfistributed to VELO token holders.View code on GitHubVelodrome V2 - Swap fees earned by liquidity staked in gauges until the gauges last distributed fees ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains), plus bribes until voting ended on 2026-10-22, all paid to veVELO voters.View code on GitHubAerodrome V1 - Swap fees earned by liquidity staked in gauges until the gauges last distributed fees on 2026-10-15, plus bribes until voting ended on 2026-10-22, all paid to veAERO voters.View code on GitHubVelodrome V3 - The share of swap fees that went to veVELO voters until the gauges last distributed fees ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains): everything earned by liquidity staked in a gauge, plus the rake taken from unstaked liquidity.View code on GitHubAerodrome Slipstream - Swap fees earned by liquidity staked in gauges plus the cut taken from unstaked liquidity until the gauges last distributed fees on 2026-10-15, plus bribes until voting ended on 2026-10-22, all paid to veAERO voters.View code on GitHubAero Slipstream - Swap fees earned by AERO-earning liquidity, the protocol share of fee-earning liquidity fees and bribes, all distributed to sAERO holders.View code on GitHubAero Basic - Swap fees earned by AERO-earning liquidity and bribes, all distributed to sAERO holders.View code on GitHub

DEX Volume: Volume of all spot token swaps on the DEX

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Hacks

Date: Nov 21, 2025

Protocol: Aerodrome V1

Amount: $700,000

Classification: Frontend & Infrastructure

Technique: DNS Hijack

Chains: Ethereum, Optimism

Language: Solidity

Target Type: DeFi Protocol

Aero history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 2, 2022 to Oct 23, 2026.

All-time high TVL: $1.355b on Dec 17, 2024. All-time low TVL: $11.43m on Jun 21, 2022.

Daily TVL, Sep 24, 2026 to Oct 23, 2026

DateTVL
Sep 24, 2026$420.19m
Sep 25, 2026$422.6m
Sep 26, 2026$437.8m
Sep 27, 2026$445.85m
Sep 28, 2026$435.98m
Sep 29, 2026$435.98m
Sep 30, 2026$441.3m
Oct 1, 2026$440.41m
Oct 2, 2026$436.92m
Oct 3, 2026$444.15m
Oct 4, 2026$440.67m
Oct 5, 2026$453.15m
Oct 6, 2026$453.14m
Oct 7, 2026$451.46m
Oct 8, 2026$434.77m
Oct 9, 2026$428.95m
Oct 10, 2026$431.23m
Oct 11, 2026$445.98m
Oct 12, 2026$440.23m
Oct 13, 2026$418.75m
Oct 14, 2026$432.95m
Oct 15, 2026$434.65m
Oct 16, 2026$437.26m
Oct 17, 2026$448.74m
Oct 18, 2026$433.51m
Oct 19, 2026$410.44m
Oct 20, 2026$416.19m
Oct 21, 2026$428.63m
Oct 22, 2026$366.22m
Oct 23, 2026$362.52m

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$1.242b
Dec 31, 2024$1.177b
Jan 31, 2025$857.57m
Feb 28, 2025$599.13m
Mar 31, 2025$558.14m
Apr 30, 2025$545.38m
May 31, 2025$592.18m
Jun 30, 2025$621.47m
Jul 31, 2025$639.87m
Aug 31, 2025$694.14m
Sep 30, 2025$644.34m
Oct 31, 2025$600.4m
Nov 30, 2025$487.78m
Dec 31, 2025$505.46m
Jan 31, 2026$472.74m
Feb 28, 2026$393.57m
Mar 31, 2026$387.38m
Apr 30, 2026$416.89m
May 31, 2026$393.12m
Jun 30, 2026$344.87m
Jul 31, 2026$303.64m
Aug 31, 2026$357.98m
Sep 30, 2026$441.3m
Oct 23, 2026 (latest)$362.52m

TVL at each year end, Dec 31, 2022 to Dec 31, 2025

DateTVL
Dec 31, 2022$75.91m
Dec 31, 2023$277.83m
Dec 31, 2024$1.177b
Dec 31, 2025$505.46m

Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026

MonthFeesRevenueHolders revenue
Nov 2024$36.2m$35.01m$35.01m
Dec 2024$45.68m$43.19m$43.19m
Jan 2025$41.23m$36.04m$36.04m
Feb 2025$22.05m$19.74m$19.74m
Mar 2025$14.15m$12.72m$12.72m
Apr 2025$12.21m$10.86m$10.86m
May 2025$16.83m$13.98m$13.98m
Jun 2025$15.44m$12.53m$12.53m
Jul 2025$17.02m$14.62m$14.62m
Aug 2025$21.17m$17.14m$17.14m
Sep 2025$35.97m$31.39m$31.39m
Oct 2025$22.78m$17.49m$17.49m
Nov 2025$15.66m$12.54m$12.54m
Dec 2025$8.72m$6.92m$6.92m
Jan 2026$10.08m$8.43m$8.43m
Feb 2026$8.14m$6.09m$6.09m
Mar 2026$7.5m$5.18m$5.18m
Apr 2026$9.46m$4.9m$4.9m
May 2026$11.58m$7.14m$7.14m
Jun 2026$9.34m$5.15m$5.15m
Jul 2026$6.7m$4.85m$4.85m
Aug 2026$6.99m$4.97m$4.97m
Sep 2026$19.1m$15.34m$15.34m
Oct 2026 (to date)$8.55m$5.93m$5.86m

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/aero

Frequently asked questions

What is Aero's TVL?

As of Oct 23, 2026, Aero has $384.93m in total value locked. TVL has decreased 10.2% over the past 30 days.

What chains does Aero operate on?

Aero operates on 16 chains: OP Mainnet, Mode, BOB, Ink, and Fraxtal and 11 others. Base holds the largest share at 90%.

How much has Aero generated in fees and revenue?

Over the past 30 days, Aero generated $11.74m in fees. Of that, $8.07m was protocol revenue. Based on the trailing year, the annualized rate is $128.56m in fees and $92.38m in revenue.

Which protocols are included in Aero?

Aero is a parent protocol whose tracked products include Aerodrome Slipstream, Aero Slipstream, Aerodrome V1, Aero Basic, and Aerodrome Ignition and 3 others.

How much trading volume does Aero process?

Aero processed $16.448b in DEX volume over the past 30 days.

Does Aero have a treasury?

Aero has a tracked treasury currently valued at $231.26. Its holdings include $18.48 in stablecoins, $141.65 in major assets, $71.14 in other assets.

Has Aero ever been exploited?

Aero has 1 recorded security incident. The most recent incident occurred on Nov 21, 2025 and involved $700,000. It was classified as Frontend & Infrastructure.