Aerodrome Review (October 2026): Fees, US States and Licenses

Best for: Base network liquidity

4.9/10

US access 20%9.0
Regulation 20%3.0
Security record 15%5.5
Cost 15%5.0
Range 10%4.3
Popularity 15%1.0
Data quality 5%7.0

By Vahe Hakobyan Verified October 5, 2026 Medium confidence No affiliate links

Taker fee— Not verified
US states— Not verified
New York— Not verified
Coins— Not verified
CustodyNon-custodial
App Store— Not verified

Our verdict

Aerodrome is a decentralized exchange on Base whose website is run by the Aerodrome Foundation. Liquidity providers earn AERO emissions, and veAERO holders vote on where emissions go. DefiLlama showed about $409 million in TVL, almost all on Base, and $14.0 billion in 30-day volume on October 5, 2026. Its terms bar US persons only from unregistered tokenized securities.

Pros

$14.0 billion 30-day volume per DefiLlama
Terms exclude sanctioned jurisdictions, not US persons
Nearly all liquidity concentrated on Base

Cons

US persons barred from unregistered tokenized securities
Front-end DNS hijack cost users about $700,000 in 2025
Pool fee schedule not confirmed from official pages

Aerodrome fees

Maker / taker: — Not verified
Simple buy: — Not verified
ACH deposit: — Not verified
Wire deposit: — Not verified
Card purchase: — Not verified
USD withdrawal: — Not verified
Crypto withdrawal: Network (gas) fee only; funds stay in the user's wallet
Minimum deposit: — Not verified

Is Aerodrome available in my state?

Aerodrome Foundation's Terms of Use (last updated July 28, 2026) exclude only OFAC-sanctioned jurisdictions; US persons are barred only from unregistered tokenized securities.

The list of states this platform serves is not verified yet.

New York: — Not verified
ID check (KYC): No
Withdraw crypto: Yes
Funding: Crypto

Is Aerodrome regulated?

US operator: Aerodrome Foundation (website operator)
Parent company: — Not verified
State licenses: — Not verified
New York license: — Not verified
Founded: — Not verified
Headquarters: — Not verified

How secure is Aerodrome?

Proof of reserves: N/A (non-custodial)
Audits: — Not verified
Insurance: — Not verified

Incidents since 2019

2025hackNov 21, 2025: DNS hijack of the Aerodrome V1 front end, about $700,000 lost, per DefiLlama.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on Aerodrome

Spot
Earn

Liquidity providers earn AERO emissions; veAERO NFT holders vote on emissions and receive fees and incentives (site description).

Apps: Web
Support: — Not verified

Aerodrome FAQ

Is Aerodrome regulated in the US?

US customers are served by Aerodrome Foundation (website operator).

Can I withdraw crypto from Aerodrome to my own wallet?

Yes. Aerodrome lets US users send crypto to an external wallet.

Does Aerodrome require ID verification?

No account or ID check is needed for on-chain swaps on Aerodrome.

Alternatives to Aerodrome

Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.