Aerodrome Finance has entered its next audit phase while achieving significant growth metrics. The protocol's market share has doubled year-to-date in 2026.
Key developments:
- 25 million $AERO tokens acquired and locked to date
- Aerodrome now hosts the #1 pool across all DeFi protocols
- Platform established as the primary venue for FX trading onchain
- AER Engine updates continue rolling out
The Base-native AMM continues expanding its role as the chain's central liquidity hub. The protocol combines vote-lock governance with liquidity incentives, allowing NFT holders to direct token emissions while earning fees and incentives.
Aerodrome's growth comes as it processes increased trading volumes throughout 2026, building on audit work that began in April.
Weekly Highlights👇 • The next phase of audits has begun 🛫 • Aerodrome marketshare doubles YTD • The latest on the AER Engine • Aerodrome is the home of FX onchain • 25M $AERO acquired & locked to date • @wagmiAlexander joins @FullyVested_Pod • #1 Pool in all of DeFi
Protocols Shift Liquidity to Aerodrome AMM on Base

Multiple protocols are moving their liquidity to Aerodrome, Base's central AMM hub. **Recent Migrations:** - OpenServ AI relocated protocol-owned liquidity from competitors - Degen Token moved $2.75M in protocol-owned assets to Aerodrome pools Protocols cite Slipstream execution and improved efficiency as key reasons for the switch. The migrations signal growing confidence in Aerodrome's infrastructure as Base's primary liquidity destination. Aerodrome combines a liquidity incentive engine with vote-lock governance, allowing NFT holders to direct token emissions while earning protocol fees.
Aero Unveils New Economic Engine with Buyback Mechanism
Aerodrome Finance has introduced a new economic framework centered around buybacks and the AER engine. The protocol, which serves as Base's central liquidity hub, is implementing changes to its token economics. **Key Points:** - New buyback mechanism integrated into Aero's economic model - The AER engine represents a shift in how the protocol manages value - Changes affect how emissions and incentives are distributed The update builds on Aerodrome's existing vote-lock governance model, where NFT holders vote on token emission distribution and earn protocol fees. For full details: [The AER Engine and the Aero Economy](https://aero.xyz/articles/the-aer-engine-and-the-aero-economy/)
Aerodrome Continues Token Buyback Program with 216K AERO Acquisition

Aerodrome's Protocol Growth Fund (PGF) has purchased and max-locked 216K AERO tokens through its programmatic buyback model. **Key figures:** - Nearly 200M AERO tokens bought back and locked to date - Multiple acquisition channels: PGF, Flight School, and Relay - 2026 buybacks have exceeded 25M AERO The buyback program uses a market-aware approach to acquire tokens, which are then locked to reduce circulating supply. This represents the latest in a series of regular buybacks, with previous acquisitions ranging from 89K to 624K AERO.
WARD-USDC Pool Now Eligible for AERO Emissions on Aerodrome

The WARD-USDC liquidity pool on Aerodrome Finance has been approved to receive AERO token emissions. **Key Details:** - Warden Protocol's $WARD token paired with $USDC is now live on Aerodrome - Pool is eligible for AERO emissions starting immediately - Incentives are active with emissions distribution underway This integration allows liquidity providers in the WARD-USDC pool to earn AERO rewards, potentially increasing liquidity depth for the Warden Protocol token on Base.
MXNB-USDC Pool Now Eligible for AERO Emissions on Aerodrome

The **MXNB-USDC liquidity pool** on Aerodrome Finance is now receiving AERO token emissions. - Bitso's MXNB stablecoin joins the Base ecosystem's central liquidity hub - Pool participants can now earn AERO emissions as incentives - Emissions are currently active and flowing to liquidity providers This follows a similar integration of MUSD from Mezo Network in March 2026, expanding Aerodrome's stablecoin offerings on Base.