Aerodrome Finance Weekly Update
Aerodrome Finance Weekly Update
🚀 DeFi Gets A Mullet
Aerodrome continues to strengthen its position on Base with several key developments:
- Introduction of the DeFi mullet concept
- Enhanced capital efficiency through Chainlink integration
- New Flight School airdrops launched
- Further reduction in AERO circulating supply
- New token listings: $PROMPT, $AAA, and $TIBBIR
The protocol maintains its dominance in Base's DEX landscape, particularly in stablecoin trading and concentrated liquidity pools. Recent metrics show Aerodrome capturing ~70% of stablecoin volumes and maintaining superior yields compared to competitors.
Key Metrics:
- 413% 7-day median APR on ETH-USDC pool
- 56% of total DEX volume on Base
- $40B+ in Q1 2025 stablecoin volume
Aerodrome Dominance on @base ✈️ In the past 30 days, Aerodrome has executed 56% of DEX volume on Base. That is more than every other DEX in the ecosystem…combined. Experience the Slipstream difference. Swap now.
Epoch 81 Recap ✈️ Aerodrome increased dominance on Base, accounting for an average of ~60% of daily DEX volumes. The epoch ended with over $2.6B in volume and $3.1M distributed as Voting Rewards.
With >$7 trillion in daily volume, the largest market in the world isn’t equities or crypto. It’s foreign exchange (FX). And @base is bringing it onchain — with Aerodrome as its liquidity hub. 🧵👇
Slipstream Dominance on Base 🔵✈️ YTD, across the top ETH and BTC pools on @base, Aerodrome has captured: ~86% of BTC volumes ($8.25 Billion) ~78% of ETH volumes ($30 Billion) Compared to just 14% and 22% from the competition, respectively:
Global Stablecoin Dominance on @base ✈️ In the last 24 hours, we've captured 70% of all stablecoin volumes on Base. Across all global stablecoin pairs. Swap and LP stables on Aerodrome today ✈️
Stablecoin Exposure on Base ✈️ Stablecoin volume on Aerodrome has grown 4000% year over year, reaching over $40B in Q1 2025 — compared to ~$1B in Q1 2024.
Aerodrome swaps just got an upgrade ✈️ Key improvements: ☀️ Redesigned → Clear, intuitive experience ✔️ Simplified → Fast, smooth transactions 📱 Mobile-optimized → Swap from anywhere Aerodrome is the front end of Base. Check it out today.
A few highlights from the last week: • The DeFi mullet is here • Capital Effiency on @base • Aerodrome + @chainlink • Flight School Airdrops • AERO Circulating Supply Reduction • New Arrivals ✈️: $PROMPT $AAA $TIBBIR
Swap Here. Get More. Aerodrome’s Slipstream concentrated liquidity consistently delivers the best swapping efficiency for major tokens on @base. Don’t settle for less (literally) 👇
The world's stablecoins are coming to @Base. And Aerodrome will be their home. In the last 24 hours, we've generated 10X+ more volume in stable-to-stable swaps than the competition 👇 Swap and LP stables on Aerodrome ✈️
goal is a stablecoin on @base for every global currency this year
A few highlights from the last week: • Foreign Exchange on Base 🔵 • Slipstream vs. Global Uniswap V4 • 7.18M $AERO Acquired & Locked 🔒 • Stablecoins have 🚀on Aerodrome • LP Hands-Free with ALM V2 • @Chainlink Automation goes live • New Arrivals ✈️: $LINK $PAAL
Aerodrome Hits 180M AERO Buybacks as Tron Arrives on Base
**Major Milestones** - Aerodrome's Public Goods Fund reached **180M AERO** in total buybacks and locks across all initiatives - **Tron network** integrated with Base, expanding cross-chain capabilities - Nearly **50% of AERO supply** now locked with average duration of 3.7 years **Liquidity & Governance** The protocol maintains strong holder commitment with 94% of locks set to auto-max and over 15,000 veAERO holders. To date, $457M+ has been distributed to voters. **Market Performance** Slipstream LP rewards continue showing competitive yields, with select pairs offering triple-digit APRs. The platform has become the dominant venue for cbAssets and FX trading on Base. Alex Cutler discussed the protocol's development on the Cointelegraph podcast, while the upcoming Momentum Fund prepares to launch.
Aerodrome Finance Plans Unified Ethereum Liquidity Hub
Aerodrome Finance, currently Base's central liquidity hub, is expanding to route all liquidity across Ethereum through a single platform. **Key Development:** - The protocol aims to consolidate fragmented liquidity across Ethereum's ecosystem - Builds on Aerodrome's existing infrastructure as Base's primary AMM - Follows their January announcement about putting "all liquidity to work" **Technical Foundation:** - Uses a liquidity incentive engine combined with vote-lock governance - NFT holders vote on token emission distribution - Inherits features from Velodrome V2 The move addresses Ethereum's liquidity fragmentation problem by creating a unified routing system. Timeline indicated as "Soon" without specific launch date.
Aerodrome Finance Releases Q4 Performance Report with Revenue and Volume Metrics
Token Terminal has published Aerodrome Finance's Q4 report, detailing the protocol's performance across several key areas. **Key metrics covered:** - Revenue generation - Trading fees collected - Total trading volume - Additional operational metrics The report provides a comprehensive look at Aerodrome's performance as Base's central liquidity hub. This follows the protocol's recent milestone of reaching $60 billion in cumulative trading volume in November 2024. Aerodrome operates as an automated market maker (AMM) that uses a vote-lock governance model, allowing NFT holders to direct token emissions while earning protocol fees and incentives. [View the full Q4 report](https://tokenterminal.com)
OVPP Migrates Protocol-Owned Liquidity to Aerodrome on Base
**OpenVPP ($OVPP) has moved its protocol-owned liquidity to Aerodrome**, joining other protocols like LMTS and FLOCK in this migration. **Key benefits of the move:** - Protocols can earn fees on their liquidity - Ability to stake liquidity for maximum earnings - Access to top trading pools by volume on Base network The migration follows a pattern of protocols choosing Aerodrome as their liquidity hub on Base. Users can now swap and provide liquidity for $OVPP on the platform.
MUSD Stablecoin Launches on Base via Aerodrome Finance
**MUSD**, the stablecoin from Mezo Network, has launched on Base through [Aerodrome Finance](https://aerodrome.finance). **Key Details:** - The MUSD-USDC liquidity pool is now live on Aerodrome - Pool is eligible to receive $AERO token emissions - Incentives are active for liquidity providers - veAERO voters currently earning approximately 800% APY - Voting period ends Wednesday at 23:59 UTC The integration positions MUSD within Base's central liquidity hub, allowing users to deposit and provide liquidity while earning emissions through Aerodrome's incentive mechanism.