Aerodrome Finance is a next-generation AMM designed to serve as Base's central liquidity hub,
combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user
experience. Aerodrome inherits the latest features from Velodrome V2. Aerodrome NFTs vote to
distribute token emissions and receive incentives and fees generated by the protocol.
Stable & Volatile Trading for Low Fees
100% of Protocol Incentives and Fees Go to Voters
Liquid Locked Positions in the Form of NFTs
Permissionless Pools, Gauges, and Incentives
Self-Optimizing Liquidity Flywheel
Anti-dilution rebases for voters
How it works
Designed to reward participants that
enable the sustainable growth of the protocol.
Traders
Swap tokens with minimal slippage and pay some of the lowest fees to
AERO lockers.
Liquidity Providers
Deposit the tokens used for trading on Aerodrome and receive AERO
emissions as rewards.
Protocols
Offer incentives to veAERO voters to attract votes / AERO emissions
to their pools, allowing them to build liquidity at a low cost.
veAERO Voters
Vote on which pools will earn AERO emissions and receive 100% of
incentives and fees for the pools they vote for. Any AERO holder can lock their tokens to
convert to veAERO.