Timeline
- 7.5
⚡️AERO and VELODROME Merger Imminent, Both Jump Over 16%
Aerodrome and Velodrome will merge into a single cross-chain DEX called Aero, now scheduled to launch on October 21 across Base, Ethereum mainnet, OP, Arc and Ink, with Robinhood Chain and Arbitrum newly added. AERO and VELO will be consolidated into a single AERO token, with roughly 94.5% of prior revenue distributed to AERO holders and 5.5% to VELO holders; on October 11 HTX quotes showed AERO at $0.9422 (+17.29% over 24 hours) and VELODROME at $0.04087 (+16.74%). The merger folds two widely used DeFi governance and liquidity tokens into one AERO token and combines their liquidity across multiple chains; according to AMBCrypto, Aero aims to capture 10–15% of combined Layer 2 DEX volume, equivalent to more than $2 billion in monthly trading activity. The revenue split is based on prior income, at roughly 94.5% to AERO holders and 5.5% to VELO holders, and the community and trading platforms are also migrating to Aero.
- 7.0
Aero Sets Oct. 21 Merger Launch and Token Conversion Terms
Aerodrome and Velodrome have fixed Oct. 21 as the launch date for their merger and published the token conversion terms: AERO converts one-for-one, while VELO converts at roughly 0.044 new AERO per token. Existing locks retain their remaining duration. The terms give holders of two widely used DEX tokens a defined path into a single token, consolidating Aerodrome's Base liquidity hub with Velodrome's Optimism operations. The VELO ratio also sets how much new AERO existing VELO exposure will represent. The VELO conversion rate is stated as approximately 0.044 new AERO per token, while AERO is a one-for-one conversion. Locked positions are not shortened or extended by the merger — they keep their remaining duration.