Protocol Metrics
This year, Aerodrome (Base) and Velodrome (Optimism) will unify under a single ticker: AERO. Combined metrics give a complete picture of protocol-wide activity across both deployments.
Sourced from Dune Analytics via Dune API — Verified onchain data for Aero.
Chains: Base, Unichain, Fraxtal, Lisk, Soneium, Celo, Ink, Mode, OP Mainnet.
Data pulled 2026-09-10T09:35:37Z.
Historical series data pulled 2026-09-10T09:27:17Z.
Chains: Base, Unichain, Fraxtal, Lisk, Soneium, Celo, Ink, Mode, OP Mainnet.
Data pulled 2026-09-10T09:35:37Z.
Lifetime Exchange Revenue
Lifetime exchange revenue, Aerodrome and Velodrome combined: $568M.
| Quarter | Revenue |
|---|---|
| Q4 2025 | $39M |
| Q1 2026 | $20M |
| Q2 2026 | $16M |
| Q3 2026 (in progress) | $21M |
| Quarter | 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 | $21.0M (in progress — projected total $24.8M) |
Weekly and monthly figures draw from per-epoch sources that lag the reconciled quarterly view — recent Velodrome revenue is preliminary.
Cumulative Revenue
$568M
Aerodrome + Velodrome
By Chain
- Base
- $500.6M
- OP Mainnet
- $64.5M
- Ink
- $1.6M
- Unichain
- $493K
- Celo
- $262K
- Soneium
- $259K
- Lisk
- $126K
- Fraxtal
- $71K
Protocols
TVL. Current TVL: $346.82M. Latest day, Sep 9, 2026: $348M. Over the last 30 days the daily figure ranged from $289M to $348M.
Volume. Cumulative Volume: $471.85B. Latest day, Sep 9, 2026: $515M. Over the last 30 days the daily figure ranged from $145M to $707M.
Swap Fees. Cumulative Fees: $387.31M. Latest day, Sep 9, 2026: $663K. Over the last 30 days the daily figure ranged from $60K to $663K.
Weekly Fees and Incentives. Latest week, Sep 10, 2026: $1.6M in fees and $3 in incentives. Over the last 13 weeks the weekly total ranged from $871K to $8.9M. Cumulative rewards since inception: $570.0M.
$346.82M
Current TVL
$471.85B
Cumulative Volume
$387.31M
Cumulative Fees
Supply
VELO total supply 2.61B, AERO total supply 1.98B, average combined lock duration 3.84 years. 49.8% of the combined supply is currently locked.
Lock Rate. Latest week, Sep 10, 2026: 49.8% of the combined supply locked — Aerodrome 50%, Velodrome 49.6%.
Aerodrome emissions for the week of Sep 10, 2026: 4.84M tokens in total — 4.14M to LPs, 478.26K rebase, 220.43K team.
Velodrome emissions for the week of Sep 10, 2026: 8.23M tokens in total — 7.80M to LPs, 432.64K rebase, 0 team.
| Week | Total supply | Locked | Locked share |
|---|---|---|---|
| Sep 10, 2026 | 4.59B | 2.28B | 49.79% |
| Sep 3, 2026 | 4.57B | 2.28B | 49.93% |
| Aug 27, 2026 | 4.56B | 2.28B | 50.03% |
| Aug 20, 2026 | 4.55B | 2.28B | 50.15% |
2.61B
VELO Total Supply
1.98B
AERO Total Supply
3.84 years
Avg. VELO+AERO Lock Duration
- Locked VELO+AERO
- Liquid VELO+AERO
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