Logo of Aerodrome V1Aerodrome V1(AERO)

Total Value Locked$146.83m

TVL by Chain

Base$146.83m

Key Metrics

Fees 30d$1.98m
Fees 30d by chain

Base$1.98m

Fees 7d$493,206

Base$493,206

Fees 24h$46,264

Base$46,264

Cumulative Fees$223.4m

Base$223.4m

Revenue 30d$1.31m
Revenue 30d by chain

Base$1.31m

Revenue 7d$368,677

Base$368,677

Revenue 24h$23,327

Base$23,327

Cumulative Revenue$202.84m

Base$202.84m

Holders Revenue 30d$1.31m
Holders Revenue 30d by chain

Base$1.31m

Holders Revenue 7d$368,677

Base$368,677

Holders Revenue 24h$23,327

Base$23,327

Cumulative Holders Revenue$202.84m

Base$202.84m

DEX Volume 30d$435.85m
DEX Volume 30d by chain

Base$435.85m

DEX Volume 7d$87.72m

Base$87.72m

DEX Volume 24h$11.9m

Base$11.9m

Cumulative DEX Volume$22.044b

Base$22.044b

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 Tracked152

Average Supply APY815.5%

User Activity

Active Addresses (24h)3,300

New Addresses (24h)2,552

Transactions (24h)17,001

Gas Used (24h)0.13 ETH

Gas Cost (24h)$352

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's TVL?

Aerodrome V1 currently has $146.83m in total value locked. TVL has increased 31.7% 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 $1.98m in fees. Of that, $1.31m was protocol revenue. Based on the trailing year, the annualized rate is $22.5m in fees and $15.8m 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 $14.724b across 1,934 protocols, and Aerodrome V1 accounts for 1% of that total. Other leading protocols include PancakeSwap AMM, Uniswap V3, Curve DEX, Uniswap V4, Uniswap V2, PancakeSwap AMM V3, Fluid DEX, Aerodrome Slipstream, Quickswap Dex, and PancakeSwap Infinity.

How much trading volume does Aerodrome V1 process?

Aerodrome V1 processed $435.85m 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.