Protocol Metrics
This year, Aerodrome (Base) and Velodrome (Optimism) will unify under a single ticker: AERO. Combined metrics give a complete picture of protocol-wide activity across both deployments.
Sourced from Dune Analytics via Dune API — Verified onchain data for Aero.
Chains: Base, ARC, Unichain, Fraxtal, Lisk, Soneium, Mode, Celo, Ink, OP Mainnet.
Data pulled 2026-10-09T07:27:55Z.
Historical series data pulled 2026-10-09T07:27:47Z.
Chains: Base, ARC, Unichain, Fraxtal, Lisk, Soneium, Mode, Celo, Ink, OP Mainnet.
Data pulled 2026-10-09T07:27:55Z.
Lifetime Exchange Revenue
Lifetime exchange revenue, Aerodrome and Velodrome combined: $578M.
Exchange Revenue by Source. Latest week, Oct 8, 2026: $1.6M in trading fee revenue and $2K in liquidity payments. Over the last 13 weeks the weekly total ranged from $871K to $8.9M. Cumulative revenue since inception: $578.3M.
| Quarter | Revenue |
|---|---|
| Q1 2026 | $20M |
| Q2 2026 | $16M |
| Q3 2026 | $26M |
| Q4 2026 (in progress) | $3.6M |
| Quarter | Revenue |
|---|---|
| Q3 2023 | $12.9M |
| Q4 2023 | $6.4M |
| Q1 2024 | $30.7M |
| Q2 2024 | $78.5M |
| Q3 2024 | $57.7M |
| Q4 2024 | $111.2M |
| Q1 2025 | $71.8M |
| Q2 2025 | $40.6M |
| Q3 2025 | $63.6M |
| Q4 2025 | $38.6M |
| Q1 2026 | $20.5M |
| Q2 2026 | $16.4M |
| Q3 2026 | $25.8M |
| Q4 2026 | $3.6M (in progress — projected total $23.5M) |
Exchange revenue totals are exact. Only the split between trading fee revenue and liquidity payments is approximated, on Velodrome's non-Optimism chains — V3 pools count as trading fees, V2 as liquidity payments — a small share of the total.
Cumulative Revenue
$578M
Aerodrome + Velodrome
By Chain
- Base
- $508.6M
- OP Mainnet
- $64.8M
- Ink
- $2.7M
- Lisk
- $979K
- Unichain
- $474K
- Mode
- $373K
- Soneium
- $322K
- Fraxtal
- $78K
- Celo
- $76K
Protocols
TVL. Current TVL: $383.46M. Latest day, Oct 8, 2026: $385M. Over the last 30 days the daily figure ranged from $329M to $403M.
Volume. Cumulative Volume: $484.07B. Latest day, Oct 8, 2026: $696M. Over the last 30 days the daily figure ranged from $188M to $696M.
Swap Fees. Cumulative Fees: $399.40M. Latest day, Oct 8, 2026: $519K. Over the last 30 days the daily figure ranged from $155K to $732K.
$383.46M
Current TVL
$484.07B
Cumulative Volume
$399.40M
Cumulative Fees
Supply
VELO total supply 2.64B, AERO total supply 2.00B, average combined lock duration 3.84 years. 49.3% of the combined supply is currently locked.
Lock Rate. Latest week, Oct 8, 2026: 49.3% of the combined supply locked — Aerodrome 49.7%, Velodrome 48.9%.
Aerodrome emissions for the week of Oct 8, 2026: 4.90M tokens in total — 4.18M to LPs, 489.53K rebase, 220.69K team.
Velodrome emissions for the week of Oct 8, 2026: 8.32M tokens in total — 7.90M to LPs, 423.62K rebase, 0 team.
AERO Buybacks and New Locks. Lifetime through Oct 3, 2026: 179.44M AERO bought back or locked — Claimed Voting 40.71M, Momentum Fund 109.99M, Project Relays 6.30M, veAERO Maxi 22.45M.
| Week | Total supply | Locked | Locked share |
|---|---|---|---|
| Oct 8, 2026 | 4.64B | 2.28B | 49.26% |
| Oct 1, 2026 | 4.62B | 2.28B | 49.40% |
| Sep 24, 2026 | 4.61B | 2.28B | 49.53% |
| Sep 17, 2026 | 4.60B | 2.28B | 49.64% |
2.64B
VELO Total Supply
2.00B
AERO Total Supply
3.84 years
Avg. VELO+AERO Lock Duration
- Locked VELO+AERO
- Liquid VELO+AERO
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