AERO Economics
Aero is the unified liquidity layer for all of Ethereum—built to win trading flow, increase the value of that flow, and optimize the underlying token economy.
Protocol Metrics
A complete picture of protocol-wide activity, including the latest Aero metrics alongside the historical data of its predecessors: Aerodrome and Velodrome.
Chains: Base, Ethereum, Robinhood, ARC, OP Mainnet, Arbitrum, Ink.
Data pulled 2026-11-05T07:16:24Z.
Lifetime Exchange Revenue: $583M.
Lifetime Exchange Revenue
By Chain
Revenue from chains that were supported by Aero's predecessor, Velodrome: Unichain, Fraxtal, Soneium, Lisk, Mode, and Celo.
- Base
- $513.0M
- OP Mainnet
- $64.9M
- Ink
- $2.7M
- Ethereum
- $276K
- Robinhood
- $206K
- Arbitrum
- $64K
- ARC
- $14K
- Pre-Aero Chains
- $2.3M
Revenue from chains that were supported by Aero's predecessor, Velodrome: Unichain, Fraxtal, Soneium, Lisk, Mode, and Celo.
By Quarter
| Period | Revenue |
|---|---|
| Q3 2023 | $12.9M |
| Q4 2023 | $6.4M |
| Q1 2024 | $30.7M |
| Q2 2024 | $78.5M |
| Q3 2024 | $57.7M |
| Q4 2024 | $111.2M |
| Q1 2025 | $71.8M |
| Q2 2025 | $40.6M |
| Q3 2025 | $63.6M |
| Q4 2025 | $38.6M |
| Q1 2026 | $20.5M |
| Q2 2026 | $16.4M |
| Q3 2026 | $25.8M |
| Q4 2026 | $8.7M (in progress — projected total $19.1M) |
Protocol
Current TVL: $331.32M.
Cumulative Volume: $498.03B.
Cumulative Fees: $407.33M.
These totals include Aerodrome on ARC: $5.67M TVL, $154.37M cumulative volume and $84.58K cumulative fees.
Current TVL
Cumulative Volume
Cumulative Fees
Supply
AERO Total Supply: 2.13B.
Avg. Stake Duration: 3.93 years.
Staked sAERO: 1.06B (49.5%). Liquid AERO: 1.08B (50.5%).
AERO Total Supply
Avg. Stake Duration
- Staked sAERO
- Liquid AERO
See every metric all in one place
A growing library of protocol metrics, updated daily from onchain data.
No voting. No epochs. No delay between revenue accrual and distribution.
Unlike the epoch-based system of Aerodrome and Velodrome, the new Aero follows a real-time allocation process. In this new system—a first for DeFi—there is no voting, no epochs, and no delay between revenue accrued and revenue distributed to staked participants.
Predictive Allocation
Token Operators (sAERO holders) allocate AERO rewards which stream in real time to liquidity pools, and in return those sAERO holders earn exchange revenue as it accrues to those markets. On a regular cadence, Token Operators can choose to reallocate, dynamically redirecting rewards in anticipation of shifts in market dynamics.
Autopilot Enabled
sAERO holders looking for a hands-off approach can configure management of their position through Autopilot, which automates the allocation process and can compound or convert earned exchange revenue on a regular cadence.
Own the flow of the future.
Aero operates as a zero-leak economy, where maximum value is distributed to users of the system, including the token operators who coordinate the flow of liquidity, and the liquidity providers who deposit assets that make efficient value exchange possible.
Stake your claim
Holders who stake their tokens optimize the Aero economy by allocating AERO rewards to liquidity pools. In return, they receive a pro rata share of 100% of the exchange revenue accruing to the pool(s) they support.
Liquid ownership
Aligned for growth
Stake your claim
Holders who stake their tokens optimize the Aero economy by allocating AERO rewards to liquidity pools. In return, they receive a pro rata share of 100% of the exchange revenue accruing to the pool(s) they support.
Liquid ownership
Each holder decides how long to stake their AERO. Once staked, the position is represented as an NFT that can be traded or transferred at any time.
Aligned for growth
All stakeholders—from institutional investors to the Aero Foundation and Dromos Labs—earn through the same mechanics, structurally aligning the interests of all participants.
Learn about the all-new economic engine of Aero.
