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34m ago

Aerodrome and Velodrome Merge to Form Aero, a Cross-Chain DEX for Layer 2 Liquidity

Dromos Labs sets METADEX03 as the core, unifying Layer 2 liquidity across the OP Superchain under one governance model.

Aerodrome and Velodrome merge to form 'Aero'
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Aerodrome, velodrome merge to unified aero network and expand to ethereum and circle’s arc

Overview

  • Aero will operate across Base, Optimism and the broader OP Superchain at launch, with expansion to Ethereum Mainnet and Circle’s Arc targeted for Q2 2026.
  • The platform is powered by METADEX03, introducing embedded MEV auctions, a dual capital‑efficiency engine and MetaSwaps for cross‑chain trading, with Slipstream V2 for concentrated liquidity.
  • A unified AERO token will replace AERO and VELO with no new minting, and reporting indicates an allocation of roughly 94.5% to Aerodrome holders and 5.5% to Velodrome holders.
  • DeFiLlama figures cited in coverage show Aerodrome at about $479–480 million in TVL and roughly $180 million in annual fees versus Velodrome at $55–56 million in TVL and about $7 million in fees.
  • The move lands as Uniswap advances its “UNIfication” governance plan to activate protocol fees, underscoring intensifying competition across Ethereum DEXs.