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Aerodrome(AERO)

Total Value Locked$398.21m

TVL by Chain

Base$395.05m

Arc$3.16m

Key Metrics

Fees 30d$11.41m
Fees 30d by chain

Base$11.39m

Arc$16,623

Fees 7d$2.66m

Base$2.65m

Arc$4,845

Fees 24h$274,938

Base$274,372

Arc$566

Cumulative Fees$557.27m

Base$557.26m

Arc$17,289

Revenue 30d$7.61m
Revenue 30d by chain

Base$7.61m

Arc$0

Revenue 7d$1.83m

Base$1.83m

Arc$0

Revenue 24h$193,934

Base$193,934

Arc$0

Cumulative Revenue$486.54m

Base$486.54m

Arc$0

Holders Revenue 30d$7.61m
Holders Revenue 30d by chain

Base$7.61m

Holders Revenue 7d$1.83m

Base$1.83m

Holders Revenue 24h$193,934

Base$193,934

Cumulative Holders Revenue$486.54m

Base$486.54m

Incentives 1y$105.33m

Incentives 30d$11.8m

Incentives 7d$3.33m

Incentives 24h$0

Cumulative Incentives$861.21m

Earnings (Annualized)-$16.04m

Earnings 30d-$4.18m

Earnings 7d-$1.5m

Earnings 24h$193,934

Cumulative Earnings-$374.68m

DEX Volume 30d$14.38b
DEX Volume 30d by chain

Base$14.339b

Arc$40.94m

DEX Volume 7d$3.593b

Base$3.581b

Arc$12.02m

DEX Volume 24h$406.28m

Base$404.93m

Arc$1.35m

Cumulative DEX Volume$443.217b

Base$443.175b

Arc$42.51m

Market Cap$933.74m

$AERO Price$0.93

All Time High$2.32

All Time Low$0.000019

View $AERO token page

Fully Diluted Valuation$1.857b

Outstanding FDV$1.44b

$AERO Volume 24h$77.06m

CEX Volume$43.73m

DEX Volume$32.97m(42.79% of total)

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Protocol Information

A central trading and liquidity marketplace on Base

WebsiteGitHubX/Twitter
Categories:DexsLaunchpad
Products:

Yields

Pools Tracked417

Average Supply APY558.14%

User Activity

Active Addresses (24h)2,125

New Addresses (24h)1,023

Transactions (24h)20,485

Gas Used (24h)0.06 ETH

Gas Cost (24h)$160

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 $398.21m in total value locked. TVL has increased 17.4% 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 99.2%.

How much has Aerodrome generated in fees and revenue?

Over the past 30 days, Aerodrome generated $11.41m in fees. Of that, $7.61m was protocol revenue. Based on the trailing year, the annualized rate is $126.11m in fees and $89.29m in revenue.

What is the AERO token price and valuation?

AERO is currently trading at $0.93. Its circulating market capitalization is $933.74m, ranking it #112. Its fully diluted valuation is $1.857b. Supply currently stands at 1.005b circulating, 1.998b total supply.

How has AERO performed recently?

AERO is up 8.3% 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 59.9% 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 $14.38b 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.