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Dromos Merges Aerodrome and Velodrome Into ‘Aero,’ a Unified Cross-Chain DEX

Powered by MetaDEX03, Aero unifies liquidity under one AERO token via a 94.5%/5.5% conversion with no new minting.

Overview

  • Dromos says Aero will extend from Base and Optimism to Ethereum Mainnet and Circle’s permissioned Arc in Q2 2026, positioning the platform as a cross-network liquidity hub.
  • Existing AERO and VELO will convert into a single AERO token with approximately 94.5% allocated to Aerodrome holders and 5.5% to Velodrome holders, consolidating governance and incentives.
  • The MetaDEX03 stack introduces embedded MEV auctions inside the AMM, a dual‑engine liquidity model, MetaSwaps for cross‑chain routing, and Slipstream upgrades that aim to internalize value and improve capital efficiency.
  • Reported by DeFi Llama, Aerodrome holds about $480 million in TVL with over $180 million in annual fees, while Velodrome has roughly $56 million in TVL and $7 million in fees, informing the unequal token conversion.
  • Dromos projects the new architecture could raise protocol earnings by about 40% and reduce costs by roughly $34 million as Aero scales across public and permissioned networks.