Aerodrome Hits $150M in Annual Swap Fees as Epoch 109 Closes

**kVCM token has officially launched on Aerodrome**, joining the Base ecosystem's central liquidity hub. **Key Details:** - Available for swapping and liquidity provision - Paired with **WETH and USDC** - Emissions are now live with incentives incoming - Represents KlimaDAO's entry into the Aerodrome ecosystem **Recent Context:** This follows similar launches including RECALL (Oct 15) and PHI (Oct 10), showing continued growth in Aerodrome's token ecosystem. **What This Means:** Traders can now access kVCM through Aerodrome's AMM, while liquidity providers can earn from the active emissions program.

**Aerodrome Slipstream** delivers strong LP rewards on Base network: - **WETH-ORDER**: ~966% APY leads the pack - **cbBTC-ZEN**: ~698% returns available - **WETH-SEND**: ~439% yield opportunity - **USDC pairs** showing solid 267-430% returns Rewards have **stabilized** compared to previous days when some pools exceeded 1,000%. The **cbBTC-ZEN** pair maintains consistent high yields across multiple days. *Base ecosystem* continues attracting liquidity with competitive incentives across major token pairs.

**Flight School has lifted its earning cap for new participants.** Previously, new locks were limited to earning a maximum of **15% of a class's total bonus**. This restriction has now been completely removed. **Key changes:** - New locks can now receive **any amount** of the total class bonus - Participants must still qualify to earn rewards - Change applies to all future Flight School classes This update significantly increases earning potential for new Flight School participants who meet qualification requirements.

**Aerodrome Finance reaches major milestone** with all-time volume surpassing $300 billion. **Acceleration timeline shows impressive growth:** - First $100 billion took 15 months to achieve - Next $200 billion completed in just 10 months - Represents a tripling of volume in less than a year **Recent performance highlights:** - Processing $11,574 in volume per second over 24 hours - Capturing 70% more volume than next-best DEX on Base - Distributed $35M+ to voters in past 30 days **Context from previous milestones:** - $200 billion milestone reached in May 2025 - $100 billion milestone achieved after 1.3 years - Shows consistent acceleration in trading activity The DEX continues building momentum as Base's central liquidity hub, with volume growth outpacing previous expansion rates significantly.

**Aerodrome's Public Goods Fund introduces automated buyback strategy** The PGF has launched a programmatic buyback model that adjusts token purchases based on market conditions. This approach concentrates resources during optimal buying opportunities rather than fixed schedules. **Key features:** - Market-responsive deployment strategy - All acquired tokens are locked as veAERO - Increases PGF's long-term voting power - First buyback completed: $400k worth of AERO tokens **Strategic impact** The locked tokens compound the PGF's governance influence while supporting Base ecosystem growth. Since launch, the PGF has bootstrapped critical liquidity pools and maintained 1.5M AERO in locked positions. This systematic approach replaces ad-hoc buybacks with data-driven timing, potentially maximizing the fund's token accumulation efficiency.