Overview
Aerodrome Finance(AERO)
Token Price$0.5
24h Change+4.88%
All Time HighDec 7, 2024$2.32
All Time LowOct 17, 2023< $0.0001
Key Metrics
Market Cap$486.05m
Fully Diluted Valuation$975.33m
Circ. Supply964.67m AERO
Outstanding FDV$749.13m
Volume 24h$20.3m
CEX Volume$8.64m
DEX Volume$11.73m
Token Liquidity$119.16m
Aerodrome V1 · Base$97.42m
Aerodrome Slipstream · Base$15.91m
Uniswap V3 · Base$4.93m
PancakeSwap AMM V3 · Base$853,982
Balancer V3 · Base$40,714
Income Statement for Aerodrome Finance

| Q3 2026* | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $3.27M | $29.29M | $24.33M | $44.75M | $71.26M | $42.15M | $73.28M | $105.96M | $51.38M | $59.69M | $16.01M | $1.96M | $1.07M |
| Token Swap Fees | $2.91M | $24.35M | $20.44M | $37.83M | $48.65M | $36.64M | $62.62M | $69.92M | $20.17M | $19.60M | $7.64M | $876.70K | $540.02K |
| External Bribes Rewards | $364.91K | $4.94M | $3.88M | $6.91M | $22.60M | $5.50M | $10.65M | $36.04M | $31.21M | $40.08M | $8.37M | $1.08M | $537.71K |
Cost of Revenue | $1.12M | $13.19M | $6.01M | $10.20M | $11.01M | $7.10M | $8.92M | $4.26M | $518.15K | $398.55K | $50.58K | $13.08K | $16.18K |
| Unstaked-LP Fees | $1.12M | $13.19M | $6.01M | $10.20M | $11.01M | $7.10M | $8.92M | $4.26M | $518.15K | $398.55K | $50.58K | $13.08K | $16.18K |
Gross Profit | $2.15M | $16.10M | $18.31M | $34.54M | $60.25M | $35.05M | $64.35M | $101.70M | $50.86M | $59.30M | $15.96M | $1.95M | $1.06M |
| Staked-LP Fees And Unstaked-LP Rake | $1.78M | $11.16M | $14.43M | $27.63M | $37.64M | $29.54M | $53.69M | $65.66M | $19.65M | $19.21M | $7.59M | $863.62K | $523.84K |
| External Bribes Revenue | $364.91K | $4.94M | $3.88M | $6.91M | $22.60M | $5.50M | $10.65M | $36.04M | $31.21M | $40.08M | $8.37M | $1.08M | $537.71K |
Earnings | $2.15M | $16.10M | $18.31M | $34.54M | $60.25M | $35.05M | $64.35M | $101.70M | $50.86M | $59.30M | $15.96M | $1.95M | $1.06M |
Token Holder Net Income | $2.15M | $16.10M | $18.31M | $34.54M | $60.25M | $35.05M | $64.35M | $101.70M | $50.86M | $59.30M | $15.96M | $1.95M | $1.06M |
| Staked-LP Fees And Unstaked-LP Rake | $1.78M | $11.16M | $14.43M | $27.63M | $37.64M | $29.54M | $53.69M | $65.66M | $19.65M | $19.21M | $7.59M | $863.62K | $523.84K |
| External Bribes Revenue | $364.91K | $4.94M | $3.88M | $6.91M | $22.60M | $5.50M | $10.65M | $36.04M | $31.21M | $40.08M | $8.37M | $1.08M | $537.71K |
Risks
How much debt can be issued against AERO as collateral across lending protocols.
Maximum possible exposure to AERO
$213,583
$74,382 (max additional borrows against AERO) + $139,201 (bad debt if AERO was hacked now)
Euler V2
$52,386 at-risk exposure = -- bad debt if hacked + $52,386 additional borrowable against AERO
Morpho V1
$161,197 at-risk exposure = $139,201 bad debt if hacked + $21,996 additional borrowable against AERO
Methodology and limitations
Showing collateral exposure for AERO on Base. Max Borrowableuses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
- Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.
Show exposure details
Each row is one protocol-chain exposure for AERO as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol | Chain | |||
|---|---|---|---|---|
AERO0x940181a94a35a4569e4529a3cdfb74e38fd98631 | $52,386 | — | ||
AERO0x940181a94a35a4569e4529a3cdfb74e38fd98631 | $21,996 | $139,201 |
Markets
Token Rights and Value Accrual
Aerodrome
Value accrues through direct fee distribution plus programmatic AERO buybacks.
Token Usage
An is required to view token usage.
Liquidations
An is required to view token liquidations.
Unlocks
An is required to view token unlocks.
Yields
Showing 10 of 41 pools

Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabUSDC-AEROCL2000 - 1% | $3.7m | 63.26% | 32.85% | 30.40% | 120% | ||||
| open in new tabFBOMB-AERO | $1.99m | 93.15% | 93.15% | 115% | |||||
| open in new tabAERO-CBBTCCL200 - 0.075% | $868,205 | 150% | 81.39% | 68.62% | 230% | ||||
| open in new tabAERO-USDBC | $248,073 | 26.72% | 26.72% | 30.39% | |||||
| open in new tabAERO-WSTETHCL200 - 1% | $176,637 | 41.95% | 8.82% | 33.12% | 90.98% | ||||
| open in new tabAERO-TAROT | $158,671 | 34.61% | 34.61% | 34.67% | |||||
| open in new tabUSDC-AEROCL200 - 0.3% | $88,745 | 192% | 128% | 63.22% | 303% | ||||
| open in new tabTKN-AERO | $73,888 | 30.71% | 30.71% | 31.06% | |||||
| open in new tabAERO-USDBCAerodrome | $54,257 | 27.35% | 31.83% | ||||||
| open in new tabUSDC-AERO | $13,277 | 2427% | 2427% | 2407% |
Borrow
Showing 10 of 52 routes

Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabAERO âžž MORPHO | $11.07m | 5.35% | 7.08% | 65% | $11.59m | $2.37m | |||
| open in new tabAERO âžž MORPHO | $11.07m | 4.28% | 0% | 7.08% | 60.5% | $18,654 | $2 | ||
| open in new tabAERO âžž CBBTC | $10m | 0.89% | 0.21% | 65% | $11.59m | $2.37m | |||
| open in new tabAERO âžž LBTC | $3.26m | 1.45% | 1.07% | 65% | $11.59m | $2.37m | |||
| open in new tabAERO âžž VVV | $727,725 | 12.36% | 17.87% | 65% | $11.59m | $2.37m | |||
| open in new tabAERO âžž VVV | $727,725 | 10.81% | 0% | 17.87% | 60.5% | $18,654 | $2 | ||
| open in new tabAERO âžž SUSDS | $69,954 | 0.75% | 0% | 65% | $11.59m | $2.37m | |||
| open in new tabAERO âžž WSTETH | $46,430 | 0.75% | -0.01% | 65% | $11.59m | $2.37m | |||
| open in new tabAERO âžž TBTC | $45,320 | 1.43% | 1.04% | 65% | $11.59m | $2.37m | |||
| open in new tabAERO âžž CBETH | $19,988 | 0.75% | 0% | 65% | $11.59m | $2.37m |
