Ask about Aerodrome

Logo of AerodromeAerodrome(AERO)

Total Value Locked$375.43m

TVL by Chain

Base$371.49m

Arc$3.93m

Key Metrics

Fees 30d$17.37m
Fees 30d by chain

Base$17.36m

Arc$2,508

Fees 7d$2.76m

Base$2.75m

Arc$2,508

Fees 24h$314,058

Base$313,294

Arc$764

Cumulative Fees$549.12m

Base$549.12m

Arc$3,837

Revenue 30d$14.15m
Revenue 30d by chain

Base$14.15m

Arc$0

Revenue 7d$1.85m

Base$1.85m

Arc$0

Revenue 24h$200,825

Base$200,825

Arc$0

Cumulative Revenue$481.08m

Base$481.08m

Arc$0

Holders Revenue 30d$14.15m
Holders Revenue 30d by chain

Base$14.15m

Holders Revenue 7d$1.85m

Base$1.85m

Holders Revenue 24h$200,825

Base$200,825

Cumulative Holders Revenue$481.08m

Base$481.08m

Incentives 1y$109.47m

$8.62m

$2.28m

$0

$851.69m

Earnings (Annualized)-$13.59m

$5.53m

-$431,618.25

$200,825

-$370.62m

DEX Volume 30d$13.436b
DEX Volume 30d by chain

Base$13.43b

Arc$6.27m

DEX Volume 7d$2.916b

Base$2.91b

Arc$6.27m

DEX Volume 24h$328.61m

Base$326.78m

Arc$1.83m

Cumulative DEX Volume$432.312b

Base$432.303b

Arc$9.22m

Market Cap$689.02m

$AERO Price$0.69

All Time High$2.32

All Time Low$0.000019

View $AERO token page

$1.377b

$1.066b

$AERO Volume 24h$56.69m

CEX Volume$31.54m

DEX Volume$26.87m(47.41% of total)

Protocol Information

A central trading and liquidity marketplace on Base

WebsiteGitHubX/Twitter
Categories:DexsLaunchpad
Products:

Yields

Pools Tracked418

Average Supply APY1,125.67%

User Activity

Active Addresses (24h)3,102

New Addresses (24h)2,296

Transactions (24h)14,802

Gas Used (24h)0.12 ETH

Gas Cost (24h)$310

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 $375.43m in total value locked. TVL has increased 38.8% 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%.

How much has Aerodrome generated in fees and revenue?

Over the past 30 days, Aerodrome generated $17.37m in fees. Of that, $14.15m was protocol revenue. Based on the trailing year, the annualized rate is $133.36m in fees and $95.88m in revenue.

What is the AERO token price and valuation?

AERO is currently trading at $0.69. Its circulating market capitalization is $689.02m, ranking it #133. Its fully diluted valuation is $1.377b. Supply currently stands at 992.67m circulating, 1.983b total supply.

How has AERO performed recently?

AERO is up 21.2% over the past 7 days and up 47.2% over the past 30 days. Its all-time high is $2.32, reached on Dec 7, 2024. The token is currently 70.1% 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 $13.436b 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.