Aerodrome Finance is a next-generation Automated Market Maker (AMM) designed to act as the central liquidity hub for the Base blockchain. It is a decentralized exchange and liquidity solution provider, offering features to facilitate efficient token swaps while rewarding liquidity providers with AERO tokens.
Aerodrome Finance operates on the Base blockchain, integrating technologies such as Stable and Volatile Pools, and utilizing a dual-pool system for different token volatility levels. It employs smart contracts that have been audited, operates under a governance model using veAERO NFTs for voting power, and implements a dynamic liquidity reward system.
Potential use cases for Aerodrome Finance include efficient token trading with minimal slippage, incentives for liquidity provision via AERO tokens, governance participation through veAERO NFTs allowing users to influence the platform’s direction, and integration with projects like MC² Finance for enhanced digital asset management.
Aerodrome Finance's history dates back to its launch on August 28, 2023, led by Alex Cutler, a core member of Velodrome Finance. Key milestones include significant investments, reaching $1 billion in total value locked (TVL), and launching Aerodrome Slipstream to capture market share. The platform has shown substantial growth and resilience, particularly notable with the integration of features from Velodrome V2 to address liquidity provisioning challenges in DeFi.
The Aerodrome Finance price is $2.4855 AUD, representing a -7.31% from the day prior.
The best place to buy Aerodrome Finance (AERO) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Aerodrome Finance (AERO) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
The trading volume of Aerodrome Finance (AERO) is $72.3M AUD in the last 24hrs, representing a -7.31% from the day prior.
Aerodrome Finance (AERO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Aerodrome Finance (AERO) is $1.8B AUD.
Yes - With Coinstash you can convert your Aerodrome Finance (AERO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of Aerodrome Finance (AERO) is 726.2M.
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Aerodrome Finance (AERO) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.