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.