Aerodrome Finance
by Aerodrome
Base
Quick Fact
Aerodrome Finance integrates features from Velodrome V2, such as vote-escrowed NFTs (veAERO) for governance and emission control. Users can lock AERO tokens to receive veAERO NFTs, granting them voting power to direct AERO emissions and earn 100% of protocol trading fees.
Aerodrome Finance is a next-generation decentralized exchange (DEX) and automated market maker (AMM) designed to be the core liquidity hub of the Base network—an Ethereum Layer 2 developed by Coinbase. Built by contributors from the Velodrome team, Aerodrome brings deep liquidity and advanced DeFi mechanics to Base.
Optimized Liquidity and Token Swaps
At its core, Aerodrome offers efficient, low-cost token swaps and incentivized liquidity provision. Users can provide liquidity to trading pairs and earn rewards in AERO, the platform’s native token. It uses advanced routing and pool designs to minimize slippage and maximize trading efficiency.
veAERO Governance and Emission Control
Aerodrome introduces a vote-escrow system through veAERO—non-transferable NFTs obtained by locking AERO tokens. veAERO holders can vote on which liquidity pools receive weekly AERO emissions, influencing the platform’s growth and earning protocol fees and external incentives (bribes).
Base-Exclusive Deployment
Aerodrome is currently deployed exclusively on the Base chain, making it the first major liquidity protocol designed specifically for the Base ecosystem. This tight integration positions Aerodrome as a critical DeFi infrastructure layer within the growing Base network.