Decentralized · Spot

Aerodrome

Live data · updated every hour

Aerodrome is the leading exchange on Base, where most Base-native tokens trade against its pools.

Founded2023RunsDecentralizedMarkets—Volume rank#15TokenAERO $0.8303

All exchanges

Volume · 24h$636M+72.8% vs the day before

Spot volume$636M0.8% of all spot trading

Derivatives volume—No derivatives market

30-day change+12.2%Volume vs the previous 30 days

Markets—Pools are not counted

Coins—Tokens are not counted

Volume rank#15By 24h volume of the 19 exchanges tracked here

Value locked$400MOn-chain

Aerodrome trading volume

Daily spot volume, in US dollars.

Volume · 1M$14.38B$479M per day on average

Busiest day$708MWed, Sep 30, 2026

Derivatives share—Spot trading only

30-day change+12.2%Compared with the 30 days before

Spot Touch a bar for the splitHover a bar for the split

Supported coins & trading pairs

What trades here and where the volume goes.

Supported coins

Share of volume in the largest pools

ETH50% of pool volume$54.6M

CBBTC13% of pool volume$14.5M

AERO11% of pool volume$12.1M

USDT8% of pool volume$9.20M

VVV4% of pool volume$4.42M

Other coins · 13%$13.7M

Top trading pairs

Last price and 24-hour volume of the largest pools.

WETH/USDC$2,710.53$49.0M—

cbBTC/USDC$86,367.09$14.5M—

USDT/USDC$0.9987$9.20M—

AERO/cbBTC$0.8369$7.82M—

WETH/USDT$2,710.53$5.69M—

Fees

Liquidity providers choose the fee tier of each pool. The fee goes to them unless a protocol fee is switched on.

0.01%Stablecoin pairs——

0.05%Major pairs——

0.30%Most token pairs——

1.00%Exotic pairs——

Reserves & transparency

Smart contracts, verifiable on-chain

Value locked on-chain$400MSmart contracts, verifiable on-chain

Latest reportLiveUpdated continuously

All balances sit in public smart contracts, so anyone can check them on-chain at any time.

About Aerodrome

Key facts, ownership and custody.

Aerodrome is a decentralized exchange on the Base network that launched in 2023, handling spot markets. It is an automated market maker, so trades settle against pools of tokens instead of an order book, and users can swap crypto or provide liquidity to those pools.

Customer funds are held in public smart contracts, where anyone can check them on-chain. As of 2026, each pool sets its own fee tier, liquidity providers earn the pool fees and the protocol keeps part of the trading fees, and Aerodrome runs on Base and Arc. A liquidity incentive engine rewards people who provide trading liquidity.

Founded2023

HeadquartersOn-chain

TypeDecentralized

ProductsSpot swaps, liquidity pools

Fiat on-rampNo

OwnershipGoverned by veAERO holders

Fees, licences and where it works: Aerodrome review. Compare platforms in your country: best crypto exchanges by country.

RegulationNon-custodial protocol

Open DeFi profile

Aerodrome FAQ

Short answers to what people ask most.

No, Aerodrome has no fiat on-ramp, so deposits are crypto only.

Aerodrome takes its features from Velodrome V2, an earlier automated market maker.

Aerodrome says it is the central liquidity hub on the Base network.

Aerodrome news

Coverage of the exchange and the wider market.

All news

Similar exchanges

Other decentralized exchanges with similar volume.