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Aerodrome(AERO)

Total Value Locked$391.29m

TVL by Chain

Base$388.14m

Arc$3.15m

Key Metrics

Fees 30d$11.65m
Fees 30d by chain

Base$11.63m

Arc$17,733

Fees 7d$2.72m

Base$2.71m

Arc$5,320

Fees 24h$396,433

Base$395,323

Arc$1,110

Cumulative Fees$557.8m

Base$557.78m

Arc$19,189

Revenue 30d$7.77m
Revenue 30d by chain

Base$7.77m

Arc$0

Revenue 7d$1.88m

Base$1.88m

Arc$0

Revenue 24h$259,797

Base$259,797

Arc$0

Cumulative Revenue$486.87m

Base$486.87m

Arc$0

Holders Revenue 30d$7.77m
Holders Revenue 30d by chain

Base$7.77m

Holders Revenue 7d$1.88m

Base$1.88m

Holders Revenue 24h$259,797

Base$259,797

Cumulative Holders Revenue$486.87m

Base$486.87m

Incentives 1y$105.33m

Incentives 30d$11.8m

Incentives 7d$3.33m

Incentives 24h$0

Cumulative Incentives$861.21m

Earnings (Annualized)-$16.31m

Earnings 30d-$4.03m

Earnings 7d-$1.45m

Earnings 24h$259,797

Cumulative Earnings-$374.35m

DEX Volume 30d$14.832b
DEX Volume 30d by chain

Base$14.788b

Arc$43.48m

DEX Volume 7d$3.578b

Base$3.565b

Arc$12.82m

DEX Volume 24h$620.71m

Base$618.17m

Arc$2.53m

Cumulative DEX Volume$444.105b

Base$444.058b

Arc$46.72m

Market Cap$900.59m

$AERO Price$0.90

All Time High$2.32

All Time Low$0.000019

View $AERO token page

Fully Diluted Valuation$1.799b

Outstanding FDV$1.395b

$AERO Volume 24h$61.23m

CEX Volume$29.69m

DEX Volume$31.07m(50.75% of total)

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Protocol Information

A central trading and liquidity marketplace on Base

WebsiteGitHubX/Twitter
Categories:DexsLaunchpad
Products:

Yields

Pools Tracked412

Average Supply APY759.77%

User Activity

Active Addresses (24h)2,475

New Addresses (24h)1,560

Transactions (24h)18,313

Gas Used (24h)0.07 ETH

Gas Cost (24h)$170

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 $391.29m in total value locked. TVL has increased 12.7% 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 99.2%.

How much has Aerodrome generated in fees and revenue?

Over the past 30 days, Aerodrome generated $11.65m in fees. Of that, $7.77m was protocol revenue. Based on the trailing year, the annualized rate is $125.85m in fees and $89.02m in revenue.

What is the AERO token price and valuation?

AERO is currently trading at $0.90. Its circulating market capitalization is $900.83m, ranking it #114. Its fully diluted valuation is $1.799b. Supply currently stands at 1b circulating, 1.998b total supply.

How has AERO performed recently?

AERO is up 11.4% over the past 7 days and up 60.1% over the past 30 days. Its all-time high is $2.32, reached on Dec 7, 2024. The token is currently 61.2% 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 $14.832b 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.