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ve(3,3) DEXBaseAMM
Aerodrome: Base Chain's Liquidity Hub
ve(3,3) DEX powering Base ecosystem · +130 XP · 9 min read · Updated March 2026
TVL
$760M
Daily Volume
$140M
Token
$AERO
Chain
Base
Pools
800+
Rating
⭐ 4.7
What is Aerodrome?
Aerodrome is a fork of Velodrome V2, deployed on Base (Coinbase's L2). It quickly became Base's #1 DEX by TVL and volume, serving as the primary liquidity layer for the exploding Base ecosystem. Aerodrome uses the same ve(3,3) tokenomic model — lock AERO for veAERO, vote on emissions, earn trading fees and bribes.
As Base became the home of Coinbase's onchain activity (cbBTC, cbETH, USDC) and the memecoin supercycle (BRETT, DEGEN, TOSHI), Aerodrome's volumes surged — at peak exceeding $1B daily and generating millions in weekly fees for veAERO holders.
Aerodrome vs Velodrome
| Metric | Aerodrome (Base) | Velodrome (Optimism) |
|---|---|---|
| TVL | $760M | $320M |
| Daily Volume | $140M | $85M |
| Chain | Base | Optimism |
| Ecosystem Focus | Coinbase users, cbBTC | OP Stack native |
| Token | AERO | VELO |
Live Price Chart — $AERO
Provide liquidity or earn yield on Base
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