The leading decentralized exchange on the Base ecosystem, Aerodrome, and the leading DEX on the OP Mainnet ecosystem, Velodrome, have officially merged to launch a unified on-chain spot trading platform, Aero. According to the project team, in Q3 of this year, Aerodrome accounted for 58% of DEX trading volume on Base, while Velodrome accounted for 60% on OP Mainnet. The merger will also unify the tokenomics: original AERO tokens will be exchanged 1:1 for the new AERO, and VELO tokens will be exchanged at a rate of 1:0.044. Existing veAERO and veVELO lock positions will be converted into sAERO. The new platform will introduce cross-chain trading functionality Metaswaps, a dynamic fee mechanism called Slipstream V3, and a predictive liquidity incentive allocation system.
Aerodrome and Velodrome merge to launch the unified DEX platform Aero.
TechFlowShare
Summary
Aerodrome and Velodrome have merged to launch a unified DEX platform called Aero, marking a major token launch event in on-chain news. The new platform combines Aerodrome on Base with Velodrome on OP Mainnet, integrating token economics through a 1:1 AERO conversion and a 1:0.044 VELO ratio. Aero will enable cross-chain trading via Metaswaps, introduce Slipstream V3 dynamic fees, and deploy a predictive liquidity incentive system.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.