Ask about Aero · free
Logo of Aero

Aero

Total Value Locked$359.41m

TVL by Chain

Base$315.75m

OP Mainnet$15.27m

Ethereum$12.38m

Robinhood Chain$4.69m

Arbitrum$4.34m

Ink$4.27m

Arc$2.17m

Fraxtal$264,591

Soneium$115,267

Celo$79,424

Unichain$44,590

BOB$29,616

Mode$14,760

Lisk$0

Superseed$0

Swellchain$0

Key Metrics

Fees 30d$10.37m
Fees 30d by chain

Base$9.63m

OP Mainnet$267,183

Ethereum$207,271

Robinhood Chain$144,401

Arbitrum$45,761

Ink$44,034

Arc$36,029

Celo$193.63

Soneium$107.21

Mode$75.77

Lisk$58.32

Fraxtal$41.74

BOB$10.74

Unichain$5.92

Fees 7d$2.24m

Base$1.88m

Ethereum$173,631

Robinhood Chain$105,956

Arbitrum$40,013

OP Mainnet$25,315

Arc$12,950

Ink$9,334

Soneium$15.98

Celo$6.49

Mode$5.97

Lisk$3.34

Fraxtal$2.20

BOB$1.74

Unichain$0.41

Fees 24h$174,182

Base$140,982

Ethereum$15,144

Robinhood Chain$10,498

Arbitrum$4,510

OP Mainnet$1,857

Ink$823.18

Arc$366

Soneium$0.72

Celo$0.46

Mode$0.17

Fraxtal$0.06

Unichain$0.01

BOB$0

Cumulative Fees$610.86m

Base$563.46m

OP Mainnet$41.92m

Ink$2.71m

Lisk$978,580

Unichain$473,515

Mode$372,920

Soneium$322,388

Ethereum$207,271

Robinhood Chain$144,401

Fraxtal$77,843

Celo$75,804

Arc$47,433

Arbitrum$45,761

Swellchain$18,073

BOB$5,394

Revenue 30d$7.41m
Revenue 30d by chain

Base$6.72m

OP Mainnet$257,611

Ethereum$200,359

Robinhood Chain$137,551

Arbitrum$45,483

Ink$37,229

Arc$12,282

Celo$110.13

Lisk$49.55

Soneium$44.26

Fraxtal$40.06

Mode$9.23

Unichain$3.72

BOB$0

Revenue 7d$1.74m

Base$1.4m

Ethereum$167,227

Robinhood Chain$100,237

Arbitrum$39,770

OP Mainnet$22,306

Arc$8,596

Ink$5,924

Celo$6.49

Soneium$5.95

Lisk$2.70

Fraxtal$2.19

Mode$0.56

Unichain$0.24

BOB$0

Revenue 24h$141,098

Base$108,993

Ethereum$14,840

Robinhood Chain$10,254

Arbitrum$4,491

OP Mainnet$1,700

Ink$553.25

Arc$266

Celo$0.46

Soneium$0.30

Fraxtal$0.06

Mode$0.01

Unichain$0.01

BOB$0

Cumulative Revenue$538.23m

Base$490.93m

OP Mainnet$41.9m

Ink$2.69m

Lisk$978,528

Unichain$473,479

Mode$372,757

Soneium$322,109

Ethereum$200,359

Robinhood Chain$137,551

Fraxtal$77,769

Celo$75,676

Arbitrum$45,483

Swellchain$18,073

Arc$12,282

BOB$5,311

Holders Revenue 30d$7.22m
Holders Revenue 30d by chain

Base$6.54m

OP Mainnet$251,550

Ethereum$200,359

Robinhood Chain$137,551

Arbitrum$45,483

Ink$34,616

Arc$12,282

Celo$101.33

Lisk$42.90

Fraxtal$36.35

Soneium$30.88

Mode$8

Unichain$3.42

BOB$0

Holders Revenue 7d$1.66m

Base$1.32m

Ethereum$167,227

Robinhood Chain$100,237

Arbitrum$39,770

OP Mainnet$18,636

Arc$8,596

Ink$4,321

BOB$0

Celo$0

Fraxtal$0

Lisk$0

Mode$0

Soneium$0

Unichain$0

Holders Revenue 24h$136,051

Base$104,161

Ethereum$14,840

Robinhood Chain$10,254

Arbitrum$4,491

OP Mainnet$1,504

Ink$535

Arc$266

BOB$0

Celo$0

Fraxtal$0

Mode$0

Soneium$0

Unichain$0

Cumulative Holders Revenue$538.04m

Base$490.75m

OP Mainnet$41.89m

Ink$2.69m

Lisk$978,521

Unichain$473,479

Mode$372,756

Soneium$322,096

Ethereum$200,359

Robinhood Chain$137,551

Fraxtal$77,766

Celo$75,667

Arbitrum$45,483

Swellchain$18,073

Arc$12,282

BOB$5,311

Incentives 1y$119.61m

Incentives 30d$18.17m

Incentives 7d$5.41m

Incentives 24h$104,095

Cumulative Incentives$1.061b

Earnings (Annualized)-$30.41m

Earnings 30d-$10.76m

Earnings 7d-$3.67m

Earnings 24h$37,002

Cumulative Earnings-$523.12m

DEX Volume 30d$17.05b
DEX Volume 30d by chain

Base$15.099b

Ethereum$713.23m

Robinhood Chain$554.55m

OP Mainnet$390.56m

Arbitrum$150.15m

Arc$90.21m

Ink$51.46m

Celo$633,276

Soneium$347,522

Unichain$38,114

Mode$26,977

Lisk$21,701

Fraxtal$16,189

BOB$10,645

DEX Volume 7d$5.001b

Base$3.7b

Ethereum$649.93m

Robinhood Chain$423.19m

Arbitrum$133.71m

OP Mainnet$51.45m

Arc$32.97m

Ink$10.22m

Soneium$56,085

Celo$34,155

Unichain$2,558

Mode$2,406

BOB$1,524

Fraxtal$1,148

Lisk$1,140

DEX Volume 24h$477.93m

Base$347.7m

Ethereum$59.9m

Robinhood Chain$51.07m

Arbitrum$12.92m

OP Mainnet$3.91m

Arc$1.73m

Ink$699,966

Soneium$3,074

Celo$2,331

Mode$132.52

Unichain$58.85

Fraxtal$46.60

BOB$0.19

Cumulative DEX Volume$499.599b

Base$453.606b

OP Mainnet$38.792b

Unichain$2.49b

Ink$1.664b

Ethereum$713.23m

Soneium$642.92m

Robinhood Chain$554.55m

Celo$340.54m

Lisk$201.5m

Mode$196.22m

Arbitrum$150.15m

Arc$118.05m

Fraxtal$80.27m

Swellchain$41.61m

BOB$6.68m

Treasury$225.97

Majors$134.22

Stablecoins$17.94

Own Tokens$0

Others$73.82

Loading chart...

Protocol Information

Aero will be the unified liquidity layer for all of Ethereum: a cross-chain exchange that delivers institutional-grade execution, efficiency, and automation.

WebsiteGitHubX/Twitter
Categories:DexsLaunchpad
Products:

Yields

Pools Tracked416

Average Supply APY845.77%

User Activity

Active Addresses (24h)518

New Addresses (24h)20

Transactions (24h)14,609

Gas Used (24h)0.05 ETH

Gas Cost (24h)$115

Methodology

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

Fees:

Velodrome V1 - Token swap fees paid by users.View code on GitHubVelodrome V2 - Per-pool swap fee read from PoolFactory.getFee (default vAMM 0.30% / sAMM 0.05%, customizable per pool) applied to each swap, plus external bribes deposited by third parties to voter-incentive contracts.View code on GitHubAerodrome V1 - Swap fees paid by traders, plus bribes deposited for veAERO voters until voting ended with the Aero upgrade on 2026-10-22.View code on GitHubVelodrome V3 - Total swap fees paid by users.View code on GitHubAerodrome Slipstream - Swap fees paid by traders, plus bribes deposited for veAERO voters until voting ended with the Aero upgrade on 2026-10-22.View code on GitHubAero Slipstream - Swap fees paid by traders, plus bribes paid to the protocol to attract AERO Rewards to pools.View code on GitHubAero Basic - Swap fees paid by traders, plus bribes paid to the protocol to attract AERO Rewards to pools.View code on GitHub

Revenue:

Velodrome V1 - Swap fees distributed to VELO token holders.View code on GitHubVelodrome V2 - Swap fees earned by liquidity staked in gauges and bribes, paid to veVELO voters, plus the staked-liquidity fees locked in the gauges since their last fee distribution ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains).View code on GitHubAerodrome V1 - Swap fees earned by liquidity staked in gauges and bribes, paid to veAERO voters, plus the staked-liquidity fees locked in the gauges since their last fee distribution on 2026-10-15.View code on GitHubVelodrome V3 - The share of swap fees earned by liquidity staked in a gauge, plus the rake taken from unstaked liquidity: paid to veVELO voters until the gauges last distributed fees ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains), locked in the gauges after that.View code on GitHubAerodrome Slipstream - Swap fees earned by liquidity staked in gauges plus the cut taken from unstaked liquidity, and bribes, paid to veAERO voters, plus those staked-liquidity fees locked in the gauges since their last fee distribution on 2026-10-15.View code on GitHubAero Slipstream - Swap fees earned by AERO-earning liquidity, the protocol share of fee-earning liquidity fees and bribes, all distributed to sAERO holders.View code on GitHubAero Basic - Swap fees earned by AERO-earning liquidity and bribes, all distributed to sAERO holders.View code on GitHub

Holders Revenue:

Velodrome V1 - Swap fees dfistributed to VELO token holders.View code on GitHubVelodrome V2 - Swap fees earned by liquidity staked in gauges until the gauges last distributed fees ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains), plus bribes until voting ended on 2026-10-22, all paid to veVELO voters.View code on GitHubAerodrome V1 - Swap fees earned by liquidity staked in gauges until the gauges last distributed fees on 2026-10-15, plus bribes until voting ended on 2026-10-22, all paid to veAERO voters.View code on GitHubVelodrome V3 - The share of swap fees that went to veVELO voters until the gauges last distributed fees ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains): everything earned by liquidity staked in a gauge, plus the rake taken from unstaked liquidity.View code on GitHubAerodrome Slipstream - Swap fees earned by liquidity staked in gauges plus the cut taken from unstaked liquidity until the gauges last distributed fees on 2026-10-15, plus bribes until voting ended on 2026-10-22, all paid to veAERO voters.View code on GitHubAero Slipstream - Swap fees earned by AERO-earning liquidity, the protocol share of fee-earning liquidity fees and bribes, all distributed to sAERO holders.View code on GitHubAero Basic - Swap fees earned by AERO-earning liquidity and bribes, all distributed to sAERO holders.View 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

The centralized domains for both Aerodrome and Velodrome were hijacked via a NameSilo registrar compromise. Attackers bypassed multisig controls, removed DNSSEC, and redirected domains to malicious pages. Users were silently redirected to phishing interfaces with malicious signature flows and unlimited approval prompts, resulting in $700K in losses. The underlying smart contracts remained uncompromised.

Chains: Ethereum, Optimism

Language: Solidity

Target Type: DeFi Protocol

Aero history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 2, 2022 to Nov 2, 2026.

All-time high TVL: $1.355b on Dec 17, 2024. All-time low TVL: $11.43m on Jun 21, 2022.

Daily TVL, Oct 4, 2026 to Nov 2, 2026

DateTVL
Oct 4, 2026$440.67m
Oct 5, 2026$453.15m
Oct 6, 2026$453.14m
Oct 7, 2026$451.46m
Oct 8, 2026$434.77m
Oct 9, 2026$428.95m
Oct 10, 2026$431.23m
Oct 11, 2026$445.98m
Oct 12, 2026$440.23m
Oct 13, 2026$418.75m
Oct 14, 2026$432.95m
Oct 15, 2026$434.65m
Oct 16, 2026$437.26m
Oct 17, 2026$448.74m
Oct 18, 2026$433.51m
Oct 19, 2026$410.44m
Oct 20, 2026$416.19m
Oct 21, 2026$428.63m
Oct 22, 2026$366.22m
Oct 23, 2026$362.52m
Oct 24, 2026$378.79m
Oct 25, 2026$369.38m
Oct 26, 2026$360.8m
Oct 27, 2026$361.62m
Oct 28, 2026$372.04m
Oct 29, 2026$363.69m
Oct 30, 2026$331.58m
Oct 31, 2026$345.3m
Nov 1, 2026$356.01m
Nov 2, 2026$352.38m

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$1.177b
Jan 31, 2025$857.57m
Feb 28, 2025$599.13m
Mar 31, 2025$558.14m
Apr 30, 2025$545.38m
May 31, 2025$592.18m
Jun 30, 2025$621.47m
Jul 31, 2025$639.87m
Aug 31, 2025$694.14m
Sep 30, 2025$644.34m
Oct 31, 2025$600.4m
Nov 30, 2025$487.78m
Dec 31, 2025$505.46m
Jan 31, 2026$472.74m
Feb 28, 2026$393.57m
Mar 31, 2026$387.38m
Apr 30, 2026$416.89m
May 31, 2026$393.12m
Jun 30, 2026$344.87m
Jul 31, 2026$303.64m
Aug 31, 2026$357.98m
Sep 30, 2026$441.3m
Oct 31, 2026$345.3m
Nov 2, 2026 (latest)$352.38m

TVL at each year end, Dec 31, 2022 to Dec 31, 2025

DateTVL
Dec 31, 2022$75.91m
Dec 31, 2023$277.83m
Dec 31, 2024$1.177b
Dec 31, 2025$505.46m

Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026

MonthFeesRevenueHolders revenue
Dec 2024$45.68m$43.19m$43.19m
Jan 2025$41.23m$36.04m$36.04m
Feb 2025$22.05m$19.74m$19.74m
Mar 2025$14.15m$12.72m$12.72m
Apr 2025$12.21m$10.86m$10.86m
May 2025$16.83m$13.98m$13.98m
Jun 2025$15.44m$12.53m$12.53m
Jul 2025$17.02m$14.62m$14.62m
Aug 2025$21.17m$17.14m$17.14m
Sep 2025$35.97m$31.39m$31.39m
Oct 2025$22.78m$17.49m$17.49m
Nov 2025$15.66m$12.54m$12.54m
Dec 2025$8.72m$6.92m$6.92m
Jan 2026$10.08m$8.43m$8.43m
Feb 2026$8.14m$6.09m$6.09m
Mar 2026$7.5m$5.18m$5.18m
Apr 2026$9.46m$4.9m$4.9m
May 2026$11.58m$7.14m$7.14m
Jun 2026$9.34m$5.15m$5.15m
Jul 2026$6.7m$4.85m$4.85m
Aug 2026$6.99m$4.97m$4.97m
Sep 2026$19.1m$15.34m$15.34m
Oct 2026$11.11m$7.86m$7.68m
Nov 2026 (to date)$366,014$298,730$288,761

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/aero

Frequently asked questions

What is Aero's TVL?

As of Nov 2, 2026, Aero has $359.41m in total value locked. TVL has decreased 19.1% over the past 30 days.

What chains does Aero operate on?

Aero operates on 16 chains: OP Mainnet, Mode, BOB, Ink, and Fraxtal and 11 others. Base holds the largest share at 87.9%.

How much has Aero generated in fees and revenue?

Over the past 30 days, Aero generated $10.37m in fees. Of that, $7.41m was protocol revenue. Based on the trailing year, the annualized rate is $124.16m in fees and $89.21m in revenue.

Which protocols are included in Aero?

Aero is a parent protocol whose tracked products include Aero Slipstream, Aerodrome Slipstream, Aero Basic, Aerodrome V1, and Aerodrome Ignition and 3 others.

How much trading volume does Aero process?

Aero processed $17.05b in DEX volume over the past 30 days.

Does Aero have a treasury?

Aero has a tracked treasury currently valued at $225.97. Its holdings include $17.94 in stablecoins, $134.22 in major assets, $73.82 in other assets.

Has Aero ever been exploited?

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