From Startup Fortune · · 1m 10s
Aerodrome and Velodrome Merge into Single Token
Aerodrome and Velodrome merge into one token, Aero, after two years of competing liquidity pools.
In brief
Aerodrome and Velodrome merge into one token, Aero, after two years of competing liquidity pools. Aerodrome Finance and Velodrome Finance merged into a single protocol called Aero, consolidating liquidity across seven chains. Originally reported by Startup Fortune.
Aerodrome and Velodrome Merge
Aerodrome Finance and Velodrome Finance shut down as separate exchanges and relaunched as a single protocol called Aero on October 21.
Liquidity Split
Aerodrome held $480 million TVL and $180 million fees on Base, while Velodrome had $56 million TVL and $7 million fees on Optimism.
Token Swap Ratio
Existing AERO converts 1:1, VELO converts at 0.044 AERO per token, giving Aerodrome holders 94.5% of the new supply.
New Networks
Aero now runs on seven chains: Base, Ethereum mainnet, OP Mainnet, Arbitrum, Circle's Arc, Ink, and Robinhood Chain.
Predictive Allocation
sAERO holders now direct rewards budget toward markets they expect to generate future revenue, adjustable multiple times a week.
Market Reaction
Aerodrome's token rallied 48% over four weeks before the merger, outpacing bitcoin and ether.
Consolidation Trend
Aero is the first vote-escrow DEX to admit the model doesn't scale by replication but by consolidation.
The headline
Aerodrome Finance and Velodrome Finance merged into a single protocol called Aero, consolidating liquidity across seven chains.
