Momentum
Launched Feb 16, 2024 · 2 years 8 months ago
Aerodrome is the central decentralized exchange and liquidity hub of Base, Coinbase's Ethereum layer-2 network. It uses a 've(3,3)' model — a design where users lock the AERO token to receive voting power, then vote each week to direct token rewards (emissions) toward the liquidity pools they want to support. In return, voters earn the trading fees and incentives from the pools they back, aligning rewards with the liquidity the ecosystem actually needs.
This mechanism makes Aerodrome the place where much of Base's liquidity is coordinated, so new projects often build their markets there first. Built by the team behind Velodrome (the equivalent hub on the Optimism network), it launched alongside Base's growth and quickly became one of its highest-volume and highest-TVL protocols. The AERO token sits at the center of this flywheel of locking, voting, fees and emissions.
Its fortunes are closely tied to Base's overall activity, making it a kind of bellwether for the chain. For newcomers, think of Aerodrome as Base's main marketplace and liquidity engine, with AERO as the token that steers where rewards flow.
Endorse the projects you back. Distrust the ones you don’t. Only Collective Members see counts.
Endorse the projects you trust, distrust the ones you don't. Vote tallies and trust bars are a Collective Member privilege.
Join the CollectiveFull criteria breakdown, radar chart, and community ratings are a Collective Member privilege.
Join the CollectiveLog in required to rate this project.
Counted on one of this token’s pools only, chosen by our data provider — usually its most active or most liquid. Trades on other pools and on centralised exchanges are not included, so this will not match a site that aggregates them.
1 value could not be collected.
New supply can still be created
Selling is not blocked by the contract
The contract takes 0% of a sale
A renounced owner cannot reclaim control
Transfers cannot be frozen
The contract source is published
The contract takes 0% of a sale
The contract has no address blocklist
The contract takes 0% of a purchase
The contract enforces no wait between trades
Distinct buying wallets against distinct selling wallets: 37 to 63
The day's volume was 0.1 times the liquidity in the pool
2.4 buys per distinguishable buying wallet over 24 hours
The ten largest wallets hold 60.6% of the supply
The market-data provider reports no significant drop in liquidity
The provider does not report a bundled launch
Not collected — the contract check did not answer
Not collected — this figure exists only for tokens launched through an indexed launchpad
Not collected — this figure exists only for tokens launched through an indexed launchpad
Not collected — this figure exists only for tokens launched through an indexed launchpad
Not collected — this figure exists only for tokens launched through an indexed launchpad
Not collected — this figure exists only for tokens launched through an indexed launchpad
Submitting and viewing community reports is a Collective Member privilege — it keeps signal high and stops bad-actor brigading.
Join the CollectiveDisclaimer: The information on this platform is for informational purposes only and does not constitute financial, investment, or trading advice. Always do your own research (DYOR) before making any investment decisions. Cryptocurrency investments carry significant risk of loss.
