Aerodrome

Coinbase Tokenized Stocks go live on Base via Aerodrome

Coinbase Tokenized Stocks are live on Base, with Aerodrome serving as the liquidity hub and providing day-one liquidity. Aerodrome now offers cashback on tokenized stock trades on Base, powered by Aerodrome, as part of the program's ongoing promotion. Aerodrome described its role as the venue where these tokenized equities trade onchain, and amplified Base's framing of tokenized stocks as an ecosystem-wide effort supported by many projects from day one, re-sharing the announcement in Chinese to reach the wider community.

  • The 1:1 physically backed stocks are available to persons in eligible out-of-US jurisdictions, with Aerodrome handling the initial liquidity.
  • Users can now LP these stocks, with Nvidia, Meta, Apple, and Google among those live on the platform.
  • A community dashboard by Dromos Labs tracks trading activity, issuance, and market depth for the stocks on Aerodrome.

Sources

Aerodrome

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Aerodrome Finance is a next-generation AMM designed to serve as Base's  central liquidity hub, combining a powerful liquidity incentive engine,  vote-lock governance model, and friendly user experience. Aerodrome  inherits the latest features from Velodrome V2. Aerodrome NFTs vote to  distribute token emissions and receive incentives and fees generated by  the protocol.

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