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Aero

Total Value Locked$364.78m

TVL by Chain

Base$320.61m

OP Mainnet$15.2m

Ethereum$12.59m

Ink$4.68m

Robinhood Chain$4.45m

Arbitrum$4.4m

Arc$2.3m

Fraxtal$265,603

Soneium$110,386

Celo$78,784

Unichain$46,705

BOB$34,471

Mode$15,570

Lisk$0

Superseed$0

Swellchain$0

Key Metrics

Fees 30d$10.59m
Fees 30d by chain

Base$9.69m

Ethereum$278,104

OP Mainnet$253,432

Robinhood Chain$206,828

Arbitrum$68,220

Ink$49,686

Arc$38,832

Celo$145.07

Soneium$104.73

Mode$75.33

Lisk$48.79

Fraxtal$31.02

BOB$9.60

Unichain$4.59

Fees 7d$2.36m

Base$1.94m

Ethereum$202,930

Robinhood Chain$119,815

Arbitrum$46,962

OP Mainnet$29,233

Ink$14,949

Arc$12,348

Soneium$12.84

Mode$6.97

Celo$6.69

Lisk$1.86

Fraxtal$1.24

BOB$0.70

Unichain$0.42

Fees 24h$476,352

Base$404,852

Robinhood Chain$26,360

Ethereum$25,659

Arbitrum$8,927

OP Mainnet$4,930

Ink$3,481

Arc$2,137

Soneium$4.29

Celo$1.50

Mode$0.27

Fraxtal$0.17

Unichain$0.09

BOB$0

Cumulative Fees$611.92m

Base$564.34m

OP Mainnet$41.94m

Ink$2.72m

Lisk$978,580

Unichain$473,515

Mode$372,923

Soneium$322,394

Ethereum$278,104

Robinhood Chain$206,828

Fraxtal$77,843

Celo$75,807

Arbitrum$68,220

Arc$51,245

Swellchain$18,073

BOB$5,394

Revenue 30d$7.73m
Revenue 30d by chain

Base$6.9m

Ethereum$269,053

OP Mainnet$243,202

Robinhood Chain$197,621

Arbitrum$67,783

Ink$40,755

Arc$15,099

Celo$84.91

Soneium$43.21

Lisk$42.08

Fraxtal$29.78

Mode$9.05

Unichain$2.59

BOB$0

Revenue 7d$1.88m

Base$1.48m

Ethereum$195,080

Robinhood Chain$114,839

Arbitrum$46,654

OP Mainnet$26,472

Ink$10,025

Arc$8,551

Celo$6.47

Soneium$5.14

Lisk$1.45

Fraxtal$1.23

Mode$0.67

Unichain$0.26

BOB$0

Revenue 24h$380,453

Base$313,176

Robinhood Chain$25,338

Ethereum$24,712

Arbitrum$8,848

OP Mainnet$4,433

Ink$2,360

Arc$1,582

Soneium$1.69

Celo$1.28

Fraxtal$0.16

Unichain$0.05

Mode$0.03

BOB$0

Cumulative Revenue$539.09m

Base$491.61m

OP Mainnet$41.91m

Ink$2.69m

Lisk$978,528

Unichain$473,479

Mode$372,757

Soneium$322,112

Ethereum$269,053

Robinhood Chain$197,621

Fraxtal$77,770

Celo$75,678

Arbitrum$67,783

Swellchain$18,073

Arc$15,099

BOB$5,311

Holders Revenue 30d$7.51m
Holders Revenue 30d by chain

Base$6.69m

Ethereum$269,053

OP Mainnet$236,006

Robinhood Chain$197,621

Arbitrum$67,783

Ink$37,549

Arc$15,099

Celo$73.56

Lisk$35.43

Soneium$27.05

Fraxtal$25.72

Mode$7.51

Unichain$2.20

BOB$0

Holders Revenue 7d$1.8m

Base$1.41m

Ethereum$195,080

Robinhood Chain$114,839

Arbitrum$46,654

OP Mainnet$23,405

Arc$8,551

Ink$8,357

BOB$0

Celo$0

Fraxtal$0

Lisk$0

Mode$0

Soneium$0

Unichain$0

Holders Revenue 24h$366,367

Base$300,099

Robinhood Chain$25,338

Ethereum$24,712

Arbitrum$8,848

OP Mainnet$3,899

Ink$1,889

Arc$1,582

BOB$0

Celo$0

Fraxtal$0

Mode$0

Soneium$0

Unichain$0

Cumulative Holders Revenue$538.87m

Base$491.41m

OP Mainnet$41.9m

Ink$2.69m

Lisk$978,521

Unichain$473,479

Mode$372,756

Soneium$322,096

Ethereum$269,053

Robinhood Chain$197,621

Fraxtal$77,766

Celo$75,667

Arbitrum$67,783

Swellchain$18,073

Arc$15,099

BOB$5,311

Incentives 1y$114.08m

Incentives 30d$12.63m

Incentives 7d$2.48m

Incentives 24h$69,539

Cumulative Incentives$1.056b

Earnings (Annualized)-$25.54m

Earnings 30d-$4.9m

Earnings 7d-$598,510

Earnings 24h$310,915

Cumulative Earnings-$516.72m

DEX Volume 30d$18.286b
DEX Volume 30d by chain

Base$15.651b

Ethereum$1.023b

Robinhood Chain$837.73m

OP Mainnet$381.7m

Arbitrum$235.21m

Arc$100.23m

Ink$56.54m

Celo$514,576

Soneium$348,904

Unichain$30,809

Mode$26,988

Lisk$18,205

Fraxtal$13,640

BOB$10,224

DEX Volume 7d$5.466b

Base$3.92b

Ethereum$758.25m

Robinhood Chain$524.94m

Arbitrum$165.11m

OP Mainnet$50.83m

Arc$32m

Ink$14.42m

Soneium$50,798

Celo$40,013

Mode$2,744

Unichain$2,409

Fraxtal$874.74

BOB$765.22

Lisk$632.83

DEX Volume 24h$1.018b

Base$769.37m

Ethereum$103.88m

Robinhood Chain$92.33m

Arbitrum$33.11m

OP Mainnet$9.52m

Arc$6.42m

Ink$3.32m

Soneium$13,531

Celo$11,868

Unichain$380

Mode$224.78

Fraxtal$116.24

BOB$0

Cumulative DEX Volume$502.17b

Base$455.456b

OP Mainnet$38.816b

Unichain$2.49b

Ink$1.672b

Ethereum$1.023b

Robinhood Chain$837.73m

Soneium$642.95m

Celo$340.56m

Arbitrum$235.21m

Lisk$201.5m

Mode$196.22m

Arc$130.88m

Fraxtal$80.27m

Swellchain$41.61m

BOB$6.68m

Treasury$231.56

Majors$143.37

Stablecoins$18.13

Own Tokens$0

Others$70.07

Loading chart...
TradingDefiLlama
TrueoAll markets

Aero November revenue exceeds $10M?

Trade Yes 31%Trade No 73.3%

Quotes fetched just now.

Revenue so far$1m
Market threshold$10m
At this month's daily average$7.5m
Sep 2026$15.34m
Oct 2026$7.86m
Nov 1, 2026Dashed line: this month's daily average to the end of the periodNov 30, 2026

Revenue so far: completed UTC days from Nov 1, 2026 00:00 UTC to Nov 5, 2026 00:00 UTC

Market details

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 Tracked400

Average Supply APY877.85%

User Activity

Active Addresses (24h)2,298

New Addresses (24h)1,743

Transactions (24h)16,080

Gas Used (24h)0.06 ETH

Gas Cost (24h)$147

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

The centralized domains for both Aerodrome and Velodrome were hijacked via a NameSilo registrar compromise. Attackers bypassed multisig controls, removed DNSSEC, and redirected domains to malicious pages. Users were silently redirected to phishing interfaces with malicious signature flows and unlimited approval prompts, resulting in $700K in losses. The underlying smart contracts remained uncompromised.

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 Nov 5, 2026.

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

Daily TVL, Oct 7, 2026 to Nov 5, 2026

DateTVL
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
Oct 24, 2026$378.79m
Oct 25, 2026$369.38m
Oct 26, 2026$360.8m
Oct 27, 2026$361.62m
Oct 28, 2026$372.04m
Oct 29, 2026$363.69m
Oct 30, 2026$331.58m
Oct 31, 2026$345.3m
Nov 1, 2026$356.01m
Nov 2, 2026$352.38m
Nov 3, 2026$352.1m
Nov 4, 2026$345.69m
Nov 5, 2026$360.76m

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
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 31, 2026$345.3m
Nov 5, 2026 (latest)$360.76m

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, Dec 2024 to Nov 2026

MonthFeesRevenueHolders revenue
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$11.11m$7.86m$7.68m
Nov 2026 (to date)$1.69m$1.37m$1.32m

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 Nov 5, 2026, Aero has $364.78m in total value locked. TVL has decreased 19.5% 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 87.9%.

How much has Aero generated in fees and revenue?

Over the past 30 days, Aero generated $10.59m in fees. Of that, $7.73m was protocol revenue. Based on the trailing year, the annualized rate is $123.32m in fees and $88.53m in revenue.

Which protocols are included in Aero?

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

How much trading volume does Aero process?

Aero processed $18.286b in DEX volume over the past 30 days.

Does Aero have a treasury?

Aero has a tracked treasury currently valued at $231.56. Its holdings include $18.13 in stablecoins, $143.37 in major assets, $70.07 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.