AERO Token AERO Token

$0.61 -6.29% AERO
Volume (24h)
$3,827,468
24h High
$0.62
24h Low
$0.57
Circulating Market Cap
$518,280,756
Total Market Cap
$1,028,276,196
Bid / Ask
$0.57 / $0.57
24h Trades
21,604

What is Aerodrome Finance (AERO)?

Aerodrome Finance, identified by its native token AERO, is an Automated Market Maker (AMM) that serves as the principal liquidity centre for Base, an Ethereum layer-2 scaling solution. The platform features a liquidity incentive engine, a vote-lock governance structure, and is crafted to provide a user-friendly experience. It has been developed as a branch of Velodrome, a trading and liquidity marketplace on Optimism, another Ethereum layer-2 scaling solution, and incorporates improvements from Velodrome V2.

What is Aerodrome Finance (AERO) used for?

Aerodrome Finance is integral to its ecosystem, functioning as a trading and liquidity marketplace on Base, where it facilitates transactions and boosts liquidity. The platform utilises non-fungible tokens for governance, allowing NFT holders to participate in decisions regarding token emissions and to benefit from incentives and fees generated by the protocol. It also provides token swapping services, aiming to keep fees low and minimise slippage. A vital aspect of the platform is the Total Value Locked indicator, which represents the capital stored in its smart contracts, acting as a barometer for the ecosystem's health and strength.