Ask about Aerodrome

Logo of AerodromeAerodrome(AERO)

Total Value Locked$378.9m

TVL by Chain

Base$374.57m

Arc$4.32m

Key Metrics

Fees 30d$17.74m
Fees 30d by chain

Base$17.73m

Arc$5,766

Fees 7d$3.03m

Base$3.02m

Arc$5,766

Fees 24h$639,982

Base$638,905

Arc$1,077

Cumulative Fees$550.62m

Base$550.61m

Arc$6,523

Revenue 30d$14.33m
Revenue 30d by chain

Base$14.33m

Arc$0

Revenue 7d$1.92m

Base$1.92m

Arc$0

Revenue 24h$408,131

Base$408,131

Arc$0

Cumulative Revenue$482.03m

Base$482.03m

Arc$0

Holders Revenue 30d$14.33m
Holders Revenue 30d by chain

Base$14.33m

Holders Revenue 7d$1.92m

Base$1.92m

Holders Revenue 24h$408,131

Base$408,131

Cumulative Holders Revenue$482.03m

Base$482.03m

Incentives 1y$112.23m

$11.39m

$2.77m

$2.77m

$854.46m

Earnings (Annualized)-$17.83m

$2.94m

-$841,522.62

-$2.36m

-$372.43m

DEX Volume 30d$13.262b
DEX Volume 30d by chain

Base$13.249b

Arc$13.71m

DEX Volume 7d$3.236b

Base$3.222b

Arc$13.71m

DEX Volume 24h$621.34m

Base$618.66m

Arc$2.68m

Cumulative DEX Volume$433.951b

Base$433.936b

Arc$15.53m

Market Cap$702.19m

$AERO Price$0.7

All Time High$2.32

All Time Low$0.000019

View $AERO token page

$1.401b

$1.085b

$AERO Volume 24h$55.94m

CEX Volume$29.5m

DEX Volume$26.72m(47.77% of total)

Protocol Information

A central trading and liquidity marketplace on Base

WebsiteGitHubX/Twitter
Categories:DexsLaunchpad
Products:

Yields

Pools Tracked412

Average Supply APY879.6%

User Activity

Active Addresses (24h)4,518

New Addresses (24h)2,273

Transactions (24h)22,684

Gas Used (24h)0.19 ETH

Gas Cost (24h)$512

Methodology

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

Fees:

Aerodrome V1 - 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 GitHubAerodrome Slipstream - Total swap fees paid by traders. Per-pool fee rate read from CLPool.fee() (tickSpacing-based default, customizable) applied to each swap's input amount.View code on GitHubAero Lite - Swap fees paid by traders, using each pool's on-chain fee rate resampled every 1000 blocks since the rate adjusts dynamically.View code on GitHub

Revenue:

Aerodrome V1 - veAERO holders' share of swap fees, equal to HoldersRevenue (Aerodrome's zero-leak model routes all protocol revenue to voters).View code on GitHubAerodrome Slipstream - veAERO holders' share of swap fees, equal to HoldersRevenue (Aerodrome's zero-leak model routes all protocol revenue to voters).View code on GitHubAero Lite - Zero: no Voter/veAERO gauge system is deployed on Arc yet, so no fees are redirected away from LPs.View code on GitHub

Holders Revenue:

Aerodrome V1 - 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 GitHubAerodrome Slipstream - Sum of (a) staked-LP fees and (b) the unstaked-LP rake (CLFactory.getUnstakedFee, default 10% of unstaked share), both routed into the gauge's CLPool.gaugeFees() accumulator. Measured on-chain as gaugeFees(toBlock) - gaugeFees(fromBlock) plus CollectFees event amounts (which drain the accumulator each Voter.distribute call).View code on GitHubAero Lite - Money going to governance token holdersView 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

Frequently Asked Questions

What is Aerodrome's TVL?

Aerodrome currently has $378.9m in total value locked. TVL has increased 41.7% over the past 30 days.

What chains does Aerodrome operate on?

Aerodrome operates on 2 chains: Base and Arc. Base holds the largest share at 98.9%.

How much has Aerodrome generated in fees and revenue?

Over the past 30 days, Aerodrome generated $17.74m in fees. Of that, $14.33m was protocol revenue. Based on the trailing year, the annualized rate is $131.69m in fees and $94.41m in revenue.

What is the AERO token price and valuation?

AERO is currently trading at $0.7. Its circulating market capitalization is $697.41m, ranking it #134. Its fully diluted valuation is $1.391b. Supply currently stands at 996.64m circulating, 1.988b total supply.

How has AERO performed recently?

AERO is up 18.7% over the past 7 days and up 29.4% over the past 30 days. Its all-time high is $2.32, reached on Dec 7, 2024. The token is currently 69.8% below that level.

Which protocols are included in Aerodrome?

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

How much trading volume does Aerodrome process?

Aerodrome processed $13.262b in DEX volume over the past 30 days.

Has Aerodrome ever been exploited?

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