Aerodrome

Aerodrome Finance completed a 617,000 AERO token buyback this week while launching cash back features on the Base app. The S&P index integration is now active on the platform. **Key Updates:** - 617K AERO buyback executed - Cash back program live on Base app - S&P index trading available on Aerodrome - Flight School program concluded - veMEZO claims now available for veAERO voters **Governance Activity:** The protocol released data comparing token locks versus emissions, providing transparency on tokenomics. An Aerodrome presentation became the most viewed talk at EthCC, indicating growing institutional interest. veAERO holders can now claim veMEZO tokens as part of the cross-protocol rewards program.

**Wallet limits are now in effect for Base Boost Rewards.** The distribution of Base Boost Rewards has been postponed and will occur after April 25th. Users should be aware that wallet limits apply to this rewards program. **Key Details:** - Rewards distribution: After April 25th - Wallet limits: Active - Platform: Base network This follows previous announcements about the Base rewards program, which typically offers up to 10.6% APR for holding favorite tokens, plus daily winning opportunities.

Aerodrome Finance is running a cashback promotion on the Base app until April 25. **veAERO holders receive:** - 100% onchain costs covered - 200% cash back on gas costs **All other users receive:** - 100% onchain costs covered - 100% cash back on gas costs The promotion applies to swaps made through the [Aerodrome mini-app on Base](https://base.app/app/aerodrome.finance/mini?utm_source=aero&utm_medium=referral&utm_campaign=miniapp_onboarding_mar2026). This builds on the Base Boost Rewards program that launched in late March, which initially covered onchain costs and offered USDC cashback for veAERO holders.

The Aerodrome Protocol Growth Fund (PGF) has purchased and max-locked 617,000 AERO tokens through its market-aware buyback program. **Key figures:** - 617K AERO acquired this week - Over 184M AERO total locked through PGF, Flight School, and other programs - 18M AERO acquired year-to-date The buyback is part of Aerodrome's ongoing strategy to reduce circulating supply and support token value. The PGF uses a market-aware model to time purchases strategically. Previous buybacks include 1.4M AERO on April 1st and 856K AERO in February, demonstrating consistent execution of the program.

Aerodrome Finance is running a limited-time cash back promotion on its Base app mini-app. Users who make swaps through the platform will receive cash back rewards. **Key Details:** - Promotion runs from now through April 25th - Cash back applies to every swap made on the Aerodrome mini-app - Wallet limits apply to the promotion - Available through the [Base app](https://base.app/app/aerodrome.finance/mini?utm_source=aero&utm_medium=referral&utm_campaign=miniapp_onboarding_mar2026) The incentive program appears designed to drive user adoption of Aerodrome's mini-app integration on Base, offering direct financial rewards for trading activity during the promotional window.

The tokenized S&P 500 product **$deSPXA** reached over **$1 million in daily trading volume** within its first week on Aerodrome Finance, up from an initial $22,000. **Key metrics:** - Launch to $1M+ volume: 8 days - Platform: Aerodrome (Base network) - Growth trajectory: 45x increase in daily volume The rapid adoption demonstrates measurable demand for onchain equity exposure. Aerodrome positions this as an early indicator of traditional equities moving to blockchain infrastructure.

Aerodrome claimed the top spot for revenue generation among decentralized exchanges last week. The platform distributed returns to holders equivalent to the combined total of the next four highest-earning DEXs. **Key Points:** - Aerodrome ranked #1 in onchain DEX revenue - Holder distributions matched the next 4 DEXs combined - Additional revenue streams planned for the Aero token The announcement signals Aerodrome's growing dominance in the DEX landscape, with the team hinting at expanded revenue opportunities ahead.

The Aerodrome Protocol Growth Fund (PGF) has purchased and max-locked 825,000 AERO tokens through its market-aware buyback program. **Key figures:** - 825K AERO acquired and locked in latest buyback - ~70M AERO total acquired and locked over the past year - Tokens secured through PGF, Flight School, and Relay programs The protocol continues its systematic token acquisition strategy, with the upcoming Momentum Fund launch on the horizon. These buybacks reduce circulating supply by permanently locking tokens, a mechanism designed to support long-term protocol sustainability.

Aerodrome Finance has released its latest Slipstream liquidity provider rewards for March 6, 2026, with several pools offering triple-digit annual percentage rates. **Top Performing Pools:** - WETH-FAI: ~1,241% APR - WETH-GIZA: ~659% APR - USDC-wtCOIN: ~577% APR - WETH-BNKR: ~372% APR - WETH-VVV: ~347% APR - WETH-AERO: ~237% APR These rewards are available to liquidity providers who deposit assets into the corresponding pools on Base network. The rates represent the current incentive structure designed to attract liquidity to Aerodrome's AMM platform. [Deposit liquidity](link)

**Aerodrome's Revenue Performance** Aerodrome has secured the #5 position in revenue generation across all onchain protocols over the past year, ranking behind only Ethereum and Solana. The MetaDEX continues to demonstrate strong performance metrics: - Distributed $450M in revenue to voters - Achieved 82% more volume than the next best DEX on Base - Processed over $1.22B in 24-hour volume - Captured $7.5B in FX volume across 16 stablecoins **Recent Developments** - Launched institutional-grade Autopilot automation - Integrated with Coinbase for immediate trading access - Demonstrated 10x capital efficiency on $BNKR pools compared to competitors - Saw $13B in AI pool volume, representing a 300%+ increase from 2024 **Expansion Plans** The protocol announced plans to expand to Ethereum mainnet, where over half of all $EURC supply exists. Despite holding only 0.3% of total $EURC supply, Aerodrome already supports nearly as much Euro stable volume as all other DEXs combined. The Protocol Growth Fund has acquired and locked 856K $AERO through programmatic buybacks, with over 160M $AERO locked to date.