Token

Aerodrome Finance (AERO) price today

Aerodrome is the leading decentralized exchange on Base, the layer-2 network created by Coinbase; AERO is the token that rewards liquidity and grants voting power.

Aerodrome Finance price now

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Price in Brazilian reais (BRL)
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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.

What is Aerodrome Finance?

Aerodrome launched in August 2023 by the same team behind Velodrome, the decentralized exchange on the Optimism network. It became the largest liquidity hub on Base.

Like other exchanges of this kind, it lets users swap tokens straight from their wallet using liquidity pools supplied by users themselves.

How Aerodrome Finance works

The protocol issues AERO every week to reward liquidity providers. Those who lock the token for a period receive voting power to decide which pools get more emissions and, in return, keep the trading fees from those pools.

Projects that want to attract liquidity for their tokens offer incentives to voters. This arrangement ties token issuance to fee generation.

What AERO is used for

  • Locking to vote on the distribution of emissions and receive fees.
  • Rewarding liquidity providers.
  • Exposure to trading volume on the Base network.

Risks and points of attention

  • Continuous issuance of new tokens pressures the price if demand for locking does not keep up.
  • Locking for votes can last years and reduces liquidity for participants.
  • Providing liquidity carries impermanent loss risk.
  • Dependence on activity on Base, plus smart contract risk and attacks on the website's front end.

Key facts

SymbolAERO
Asset typeToken
Launch2023-08
NetworkToken on Base
Maximum supplyNo cap: continuous weekly issuance

Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.

Frequently asked questions about Aerodrome Finance

What is Base?

It is an Ethereum layer-2 network incubated by the Coinbase exchange, with fees paid in ETH.

Why lock AERO?

Locking grants voting power over the distribution of emissions and the right to trading fees from the pools voted for, for a period during which the token cannot be sold.

Does AERO have a maximum supply?

No. The protocol issues new tokens every week under a schedule and rules defined by the system itself.

Where does the Aerodrome Finance price on this page come from?

The panel shows the AERO price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.