Aerodrome
The dominant DEX on Base — fork of Velodrome with [[vote-escrow]] AERO governance.
Aerodrome runs Slipstream concentrated-liquidity pools alongside legacy Solidly stable + volatile pools. veAERO holders direct emissions via gauge votes; protocol revenue flows to lockers. Largest stablecoin-stablecoin DEX venue on Base by depth.
Related terms
- VelodromeThe dominant DEX on Optimism — Solidly-style ve(3,3) tokenomics that inspired Aerodrome on Base.
- Concentrated liquidityAMM design where LPs allocate liquidity to a chosen price range, increasing capital efficiency vs. constant-product.
- GaugeA Curve mechanism that directs CRV emissions to a chosen pool, with weights set by veCRV votes.
- BaseCoinbase's optimistic rollup built on the OP Stack — fastest-growing L2 by stablecoin yield surface.