Aero is on the Horizon

An update on what to expect, and when.

Tl;dr

• Aero and MetaDEX03 are currently in audit, and the results to date have exceeded expectations: across three audit teams, no critical or high vulnerabilities have been found.
• We recently identified a partner with Mythos-powered security review capabilities, and extended the audit timeline to leverage Mythos’s unique capabilities.
• The final round of audits will run for ~1 additional month.
• Following completion of formal audits, a three-week public audit contest will commence.
• Aero’s core codebase is set to be published in batches starting at the beginning of August.
• Aero is currently set to launch in September; a final launch target will be shared post-audit.
• A lean “Aero-Lite” deployment featuring forward-compatible SlipstreamV3 pools will be available to launch on new chains prior to the full protocol launch.
• The unified liquidity layer for all of Ethereum is coming; Aero is poised to launch as secure, institutional-grade market infrastructure on day one.

On the runway: where we are today

Aero has been in development since 2025 and in security audit since June.

A full-time team of security researchers from ChainSecurity and Sherlock—including four of the ten highest-earning security researchers in the industry—has participated. Riley Holterhus, one of the world’s top auditors has led all efforts. Reviews to date have been extremely productive. A concurrent review process including multiple teams is already resulting in a cleaner, simpler, and more optimized code base. So far, we’ve not identified any critical or high vulnerabilities.

Updates to the audit timeline

As launch nears, we’ve made two new decisions that impact the timeline. Both will help ensure Aero enters the market as truly institutional-grade and secure liquidity infrastructure:

1. We added a Mythos-powered security review. An undisclosed partner with Mythos access offered to support the Aero launch, and we were excited to accept and extend the timeline.
2. We’ve decided to expand the public audit contest and treat it as its own discrete and critical phase ahead of launch. The prize pot will be set at $400k. This Sherlock-run contest is planned to run for three full weeks starting only after all formal audits and the Mythos review are complete.

Commence the countdown: an update on timing

The anticipated timeline to launch is now as follows:

• Codebase with full/updated specifications begins public rollout: August 3
• Final audit (round 3) + fixes: Through August 21
• Public audit contest: August 24 - September 11

We expect the full Aero to launch in September following the contest results. Aero Lite may deploy earlier to chains that Aerodrome or Velodrome do not support today.

A full and updated overview of the Aero feature set will be published ahead of launch.

All systems go: Aero is coming

The onchain economy is growing.

As it does—and as blockspace becomes increasingly commoditized—a higher share of value will flow to the site of the bulk of onchain economic activity: the liquidity layer.

The venue that captures that growth won’t be limited by offchain order books, models that can only quote existing markets, or by legacy thinking that caps the value of liquidity at its current-period swap fees.

It will be a venue that understands the long-term compounding value of liquidity (and pays for it accordingly). One that provides open infrastructure for experimentation, alongside a market discovery mechanism that allows capital to find its best use, and that rewards allocators commensurate with the risk they take on and the service they provide. A venue that wins liquidity by setting a new market price based on its true value, increases the revenue surface that liquidity enables, and then flows value back to the sAERO holders who make it possible. One that is open to everyone and owned by anyone, and that gives all participants a greater stake in the new economy.

For this potential to be realized, the audit and security process must be taken as seriously as the opportunity in front of us.

Aero is coming. Get on board.