Ask about Aerodrome

Logo of AerodromeAerodrome(AERO)

Total Value Locked$392.81m

TVL by Chain

Base$387.37m

Arc$5.44m

Key Metrics

Fees 30d$18.11m
Fees 30d by chain

Base$18.1m

Arc$8,766

Fees 7d$2.81m

Base$2.8m

Arc$4,859

Fees 24h$457,552

Base$456,604

Arc$948

Cumulative Fees$552.39m

Base$552.38m

Arc$9,571

Revenue 30d$14.53m
Revenue 30d by chain

Base$14.53m

Arc$0

Revenue 7d$1.83m

Base$1.83m

Arc$0

Revenue 24h$302,452

Base$302,452

Arc$0

Cumulative Revenue$483.2m

Base$483.2m

Arc$0

Holders Revenue 30d$14.53m
Holders Revenue 30d by chain

Base$14.53m

Holders Revenue 7d$1.83m

Base$1.83m

Holders Revenue 24h$302,452

Base$302,452

Cumulative Holders Revenue$483.2m

Base$483.2m

Incentives 1y$107.57m

$9.25m

$2.77m

$0

$854.46m

Earnings (Annualized)-$14.23m

$5.28m

-$934,451

$302,452

-$371.25m

DEX Volume 30d$13.24b
DEX Volume 30d by chain

Base$13.219b

Arc$21.25m

DEX Volume 7d$3.42b

Base$3.408b

Arc$11.93m

DEX Volume 24h$623.43m

Base$621.06m

Arc$2.37m

Cumulative DEX Volume$436.448b

Base$436.424b

Arc$23.37m

Market Cap$811.68m

$AERO Price$0.82

All Time High$2.32

All Time Low$0.000019

View $AERO token page

$1.621b

$1.255b

$AERO Volume 24h$76.49m

CEX Volume$42.84m

DEX Volume$31.77m(41.54% of total)

Protocol Information

A central trading and liquidity marketplace on Base

WebsiteGitHubX/Twitter
Categories:DexsLaunchpad
Products:

Yields

Pools Tracked416

Average Supply APY1,131.9%

User Activity

Active Addresses (24h)3,155

New Addresses (24h)2,305

Transactions (24h)15,443

Gas Used (24h)0.26 ETH

Gas Cost (24h)$711

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 $392.81m in total value locked. TVL has increased 21.2% 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 98.6%.

How much has Aerodrome generated in fees and revenue?

Over the past 30 days, Aerodrome generated $18.11m in fees. Of that, $14.53m was protocol revenue. Based on the trailing year, the annualized rate is $130.31m in fees and $93.34m in revenue.

What is the AERO token price and valuation?

AERO is currently trading at $0.82. Its circulating market capitalization is $811.68m, ranking it #119. Its fully diluted valuation is $1.621b. Supply currently stands at 995.6m circulating, 1.988b total supply.

How has AERO performed recently?

AERO is up 19.4% over the past 7 days and up 62.7% over the past 30 days. Its all-time high is $2.32, reached on Dec 7, 2024. The token is currently 64.9% 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 $13.24b 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.