Logo of Aerodrome V1

Aerodrome V1(AERO)

Total Value Locked$86.29m

TVL by Chain

Base$86.29m

Key Metrics

Fees 30d$1.79m
Fees 30d by chain

Base$1.79m

Fees 7d$199,388

Base$199,388

Fees 24h$20,573

Base$20,573

Cumulative Fees$224.43m

Base$224.43m

Revenue 30d$1.37m
Revenue 30d by chain

Base$1.37m

Revenue 7d$136,337

Base$136,337

Revenue 24h$10,398

Base$10,398

Cumulative Revenue$203.63m

Base$203.63m

Holders Revenue 30d$1.36m
Holders Revenue 30d by chain

Base$1.36m

Holders Revenue 7d$128,750

Base$128,750

Holders Revenue 24h$1,360

Base$1,360

Cumulative Holders Revenue$203.61m

Base$203.61m

DEX Volume 30d$321.06m
DEX Volume 30d by chain

Base$321.06m

DEX Volume 7d$56.13m

Base$56.13m

DEX Volume 24h$6.52m

Base$6.52m

Cumulative DEX Volume$22.222b

Base$22.222b

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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: 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 GitHubRevenue: 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 GitHubHolders Revenue: 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 GitHubDEX Volume: Swap volume on Aerodrome volatile and stable pools, excluding wash trading.View code on GitHub

Yields

Pools Tracked138

Average Supply APY2,451.64%

User Activity

Active Addresses (24h)6,709

New Addresses (24h)2,247

Transactions (24h)41,852

Gas Used (24h)0.17 ETH

Gas Cost (24h)$430

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 23, 2026.

All-time high TVL: $796.58m on Apr 24, 2024. All-time low TVL: $230,142 on Aug 29, 2023.

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

DateTVL
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
Oct 21, 2026$143m
Oct 22, 2026$126.56m
Oct 23, 2026$88.46m

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
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 23, 2026 (latest)$88.46m

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
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

MonthFeesRevenueHolders 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)$1.12m$848,213$831,588

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 23, 2026, Aerodrome V1 has $86.29m in total value locked. TVL has decreased 40% 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 $1.79m in fees. Of that, $1.37m was protocol revenue. Based on the trailing year, the annualized rate is $20.39m in fees and $14.16m in revenue.

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

Among Dexs protocols tracked by DefiLlama, Aerodrome V1 ranks #21 by TVL. The category holds $14.009b across 1,921 protocols, and Aerodrome V1 accounts for 0.6% of that total. Similar protocols include Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Uniswap V2, PancakeSwap AMM V3, Fluid DEX, Aerodrome Slipstream, PancakeSwap Infinity, and Aero Slipstream.

How much trading volume does Aerodrome V1 process?

Aerodrome V1 processed $321.06m 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.