Aerodrome and Velodrome, the Two Major DEXs on Base and Optimism, Officially Merge
Source：
aero.xyz
Leading decentralized exchange Aerodrome in the Base ecosystem and leading DEX Velodrome in the OP Mainnet ecosystem have officially merged, launching the unified on-chain spot trading platform Aero. According to disclosures from the project team, Aerodrome accounted for 58% of DEX trading volume on the Base chain in Q3 this year, while Velodrome accounted for 60% on OP Mainnet. This merger will also unify the tokenomics: original AERO tokens will be exchanged at a 1:1 ratio for the new AERO, VELO will be converted at a rate of 1:0.044, and existing veAERO and veVELO locked positions will be converted to sAERO. The new platform will introduce the cross-chain trading feature Metaswaps, the dynamic fee mechanism Slipstream V3, and a predictive liquidity incentive distribution mechanism.
