Logo of Aerodrome V1Aerodrome V1(AERO)
Total Value Locked$117.33m

TVL by Chain

Base$117.33m

Key Metrics

Fees (Annualized)$25.34m
Fees 30d$790,784

Base$790,784

Fees 7d$256,067

Base$256,067

Fees 24h$28,579

Base$28,579

Cumulative Fees$220.99m

Base$220.99m

Revenue (Annualized)$18.05m
Revenue 30d$523,086

Base$523,086

Revenue 7d$142,404

Base$142,404

Revenue 24h$16,125

Base$16,125

Cumulative Revenue$201.24m

Base$201.24m

Holders Revenue (Annualized)$18.05m
Holders Revenue 30d$523,086

Base$523,086

Holders Revenue 7d$142,404

Base$142,404

Holders Revenue 24h$16,125

Base$16,125

Cumulative Holders Revenue$201.24m

Base$201.24m

DEX Volume 30d$164.27m
DEX Volume 30d by chain

Base$164.27m

DEX Volume 7d$58.37m

Base$58.37m

DEX Volume 24h$8.81m

Base$8.81m

Cumulative DEX Volume$21.506b

Base$21.506b

$AERO Liquidity$119.16m

Aerodrome V1$97.42m

Aerodrome Slipstream$15.91m

Uniswap V3$4.93m

PancakeSwap AMM V3$853,982

Balancer V3$40,714

Protocol Information

A central trading and liquidity marketplace on Base.

Category:Dexs

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 GitHub

Yields

Pools Tracked147

Average Supply APY596.32%

User Activity

Active Addresses (24h)3,134

New Addresses (24h)2,227

Transactions (24h)49,538

Gas Used (24h)0.23 ETH

Gas Cost (24h)$574

Hacks

Date: Nov 21, 2025

Amount: $700,000

Classification: Frontend & Infrastructure

Technique: DNS Hijack

Chains: Ethereum, Optimism

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Aerodrome V1?

A central trading and liquidity marketplace on Base.

What is Aerodrome V1's TVL?

Aerodrome V1 currently has $117.33m in total value locked. TVL has decreased 5.4% 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 $790,784 in fees. Of that, $523,086 was protocol revenue. Based on the trailing year, the annualized rate is $25.34m in fees and $18.05m in revenue.

How does Aerodrome V1's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, Aerodrome V1 ranks #18 by TVL. The category holds $16.849b across 1,912 protocols, and Aerodrome V1 accounts for 0.7% of that total. Other leading protocols include Uniswap V4, PancakeSwap AMM, Uniswap V3, Curve DEX, Uniswap V2, PancakeSwap AMM V3, Fluid DEX, Quickswap Dex, Aerodrome Slipstream, and PancakeSwap Infinity.

How much trading volume does Aerodrome V1 process?

Aerodrome V1 processed $164.27m 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.