Aerodrome and Velodrome merged into unified DEX Aero across seven chains with 1:1 AERO migration and 1 VELO = 0.044 AERO conversion.
DeFi & Yields ·
Aerodrome and Velodrome completed a merger on October 22 to form Aero, a unified decentralized exchange operating across seven chains including Ethereum, Base, Arbitrum, and OP Mainnet. Existing AERO token holders received new AERO at a 1:1 rate, while VELO holders converted at 0.044 new AERO per token, reflecting Velodrome's 5.5% allocation of the merged entity's supply. The new AERO token launched with a maximum supply of approximately 2.127 billion, up from the combined ~2 billion of the predecessor tokens, and will have an expected annual inflation rate of 12%.