---
title: "Learn More About the Aero Economy"
description: "Learn how the Aero economy works: the first predictive liquidity marketplace with real-time rewards and revenue distribution."
image: "https://aero.xyz/images/og/og-image-aero-economics-1200x630.png"
url: "https://aero.xyz/economics/"
---

# AERO Economics

Aerodrome® is the leading exchange on Base. Velodrome® is the leading exchange on the Optimism Superchain. With the launch of Aero, these two protocols—and their communities—will unify together under a single ticker: AERO.

## AERO & VELO Metrics

This year, Aerodrome and Velodrome will unify under a single ticker: AERO.

Aerodrome (Base) and Velodrome (Optimism) are unifying under AERO. Combined metrics give a complete picture of protocol-wide activity across both deployments.

8 Chains Reporting

Chains: Base, Unichain, Fraxtal, Lisk, Soneium, Celo, Ink, OP Mainnet.

Data pulled 2026-08-27T14:00:44Z.

Lifetime Exchange Revenue: $555M (Aerodrome + Velodrome).

### By Chain

- Base

  $488.2M

- OP Mainnet

  $64.3M

- Ink

  $1.6M

- Unichain

  $492K

- Celo

  $261K

- Soneium

  $258K

- Lisk

  $125K

- Fraxtal

  $71K

By Quarter

_Revenue breakdown by period (Aerodrome + Velodrome + Superchain)_

| Period  | Revenue                                       |
| ------- | --------------------------------------------- |
| Q3 2023 | $12.9M                                        |
| Q4 2023 | $6.4M                                         |
| Q1 2024 | $30.7M                                        |
| Q2 2024 | $78.5M                                        |
| Q3 2024 | $57.7M                                        |
| Q4 2024 | $111.1M                                       |
| Q1 2025 | $71.7M                                        |
| Q2 2025 | $40.4M                                        |
| Q3 2025 | $63.6M                                        |
| Q4 2025 | $38.2M                                        |
| Q1 2026 | $20.3M                                        |
| Q2 2026 | $16.5M                                        |
| Q3 2026 | $10.5M (in progress — projected total $15.1M) |

### Protocols

Current TVL: $327.25M.

Cumulative Volume: $466.47B.

Cumulative Fees: $383.27M.

### Supply

VELO Total Supply: 2.59B.

AERO Total Supply: 1.97B.

Avg. VELO+AERO Lock Duration: 3.84 years.

Locked VELO+AERO: 2.28B tokens (50.0%). Liquid VELO+AERO: 2.28B tokens (50.0%).

See every metric all in one place

A growing library of protocol metrics, updated daily from onchain data.

[View Protocol Metrics](/economics/metrics/)

Aero Dynamics

## No voting. No epochs. No delay between revenue accrual and distribution.

Unlike the epoch-based system of Aerodrome and Velodrome, the new Aero will follow a real-time allocation process. In this new system—a first for DeFi—there will be no voting, no epochs, and no delay between revenue accrued and revenue distributed to staked participants.

New

### Predictive Allocation

Stakers (sAERO holders) will allocate AERO rewards which will stream in real time to liquidity pools, and in return those sAERO holders will earn exchange revenue as it accrues. On a regular cadence, stakers can choose to reallocate, dynamically redirecting rewards in anticipation of shifts in market dynamics.

New

### Autopilot Enabled

sAERO holders looking for a hands-off approach can configure management of their position through Autopilot, which automates the allocation process and can compound or convert earned exchange revenue on a regular cadence.

## Own the flow of the future.

Aero will operate as a zero-leak economy, where 100% of value is distributed to users of the system: the token operators who coordinate the flow of liquidity, and the liquidity providers who deposit assets that make low-slippage trades possible.

## Stake your claim

Holders who stake their tokens optimize the Aero economy by allocating AERO rewards to liquidity pools. In return, they receive a pro rata share of 100% of the exchange revenue accruing to the pool(s) they support.

## Liquid ownership

Each holder decides how long to stake their AERO. Once staked, the position is represented as an NFT that can be traded or transferred at any time.

## Aligned for growth

All stakeholders—from institutional investors to the Aero Foundation and Dromos Labs—earn through the same mechanics, structurally aligning the interests of all participants.

## Learn about the all-new economic engine of Aero.

[Read Article](/articles/aero-economic-case/)

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```