Aerodrome Finance: The Liquidity Hub of Base Network

Aerodrome Finance is an innovative decentralized exchange (DEX) and liquidity platform purpose-built for the Base blockchain—Coinbase’s Layer 2 network powered by Optimism’s OP Stack. Combining Solidly-style ve(3,3) tokenomics with a highly efficient automated market maker (AMM), Aerodrome aims to become the central liquidity layer for Base, fostering deep, protocol-owned liquidity and sustainable yield strategies.

Launched in 2023 as a fork and evolution of Velodrome (on Optimism), Aerodrome brings proven DeFi mechanics into the Base ecosystem while tailoring its design to support rapid adoption and community ownership.

🚀 What is Aerodrome?

Aerodrome is a next-generation DEX that blends an AMM, liquidity mining, and vote-escrow tokenomics to incentivize long-term participation. At its core, it allows users to:

• Swap tokens efficiently with low slippage
• Provide liquidity to earn trading fees and emissions
• Lock tokens (veAERO) for governance and boosted rewards
• Direct emissions to favored liquidity pools (bribing/voting model)

It acts as a DeFi flywheel, enabling protocols to “own their liquidity” rather than rent it from mercenary yield farmers.

🔑 Key Features of Aerodrome

🧩 Solidly-Inspired AMM

• Customizable pool types: Supports both stable and volatile pairs.
• Efficient routing: Smart order routing for better prices and lower gas fees.
• Zero protocol fees: 100% of trading fees go to veAERO lockers.

📊 ve(3,3) Tokenomics

• AERO Token: The native governance and utility token.
• veAERO: Vote-escrowed AERO, earned by locking AERO for up to 4 years.
• Vote for emissions: veAERO holders vote on which pools receive AERO incentives.
• Bribes: Protocols can incentivize veAERO voters to direct emissions toward their pools.

💧 Deep Liquidity on Base

• Aerodrome is designed to be the main liquidity center on Base, attracting key token pairs and new DeFi projects.

🧠 Protocol-Owned Liquidity (POL)

• Protocols using Aerodrome can build and control their own liquidity, reducing dependency on external providers.

🌉 Why Base Network?

• Backed by Coinbase: Credibility and integration potential.
• Low fees: Base offers fast, inexpensive transactions due to its L2 structure.
• EVM-compatible: Easy migration for Ethereum-native dApps.
• Growing ecosystem: Aerodrome is positioned as the primary liquidity layer.

🪙 AERO Token Utility

FunctionDescriptionStakingLock AERO as veAERO to earn boosted rewards and trading feesGovernanceveAERO holders vote on emissions and protocol decisionsBribesEarn bribes from protocols trying to direct AERO emissionsLiquidity MiningProvide liquidity to earn AERO emissions based on votes

The longer you lock AERO, the more veAERO you receive, up to 1:1 ratio for a 4-year lock. veAERO holders benefit from trading fees, bribes, and boosted yield.

🔐 How to Use Aerodrome

1. Connect your wallet (e.g., MetaMask) to https://aerodrome.finance
2. Swap tokens on Base quickly and cheaply
3. Provide liquidity to eligible pools
4. Stake AERO for veAERO and vote for emissions
5. Earn bribes and rewards while shaping the protocol’s future

📈 Protocol Growth & Ecosystem

Aerodrome has attracted partnerships with emerging Base-native protocols and continues to grow its Total Value Locked (TVL) through smart incentives, integrations, and DAO collaborations. It plays a crucial role in decentralized liquidity infrastructure on Base, much like Uniswap does for Ethereum.

🏁 Conclusion

Aerodrome Finance is not just a DEX—it’s a full-fledged DeFi infrastructure layer for the Base network. By aligning incentives between protocols, liquidity providers, and long-term token holders, Aerodrome creates a sustainable, decentralized liquidity engine.

If you’re exploring DeFi on Base, Aerodrome is where the liquidity lives.