Aerodrome and Velodrome Merge Into Aero Across Seven Blockchain Networks
Aerodrome and Velodrome merged into Aero, a unified decentralized exchange operating on seven chains with 100% revenue sharing to AERO stakers.
Why it matters
The merger consolidates two major DEXs on the Optimism Superchain into a cross-chain platform targeting seven networks that collectively process roughly $120 billion in monthly DEX volume. The shift to 100% revenue sharing and continuous reward allocation represents a structural change in DEX incentive design.
Key facts
Aerodrome and Velodrome merged into a unified exchange called Aero
Reported by Unchained
Aero launched across seven blockchain networks: Base, Ethereum, OP Mainnet, Arbitrum, Robinhood Chain, Ink, and Arc
Reported by Unchained
100% of exchange revenue is paid to holders of staked AERO (sAERO)
Reported by Unchained
Legacy AERO converts 1:1 to new AERO, VELO converts at 0.044 AERO
Reported by Bankless
Aerodrome holders receive 94.5% of merged supply, Velodrome holders 5.5%
Reported by Bankless
AERO token price fell approximately 6% to around $0.796 on October 22
0.796 USDReported by Crypto.News
What happened
Aerodrome and Velodrome have combined into a single exchange called Aero, launching across Base, Ethereum, OP Mainnet, Arbitrum, Robinhood Chain, Ink, and Arc. The merger creates a unified AERO token where legacy AERO converts 1:1 and VELO converts at 0.044 AERO, giving Aerodrome holders 94.5% and Velodrome holders 5.5% of supply. All exchange revenue now flows to staked AERO (sAERO) holders through a Predictive Allocation system replacing weekly ve-votes. The prior platforms together distributed $578 million to tokenholders according to Bitcoin.com News, while Bankless cites over $580 million. Velodrome will continue operating on Celo, Fraxtal, Soneium, and Unichain without its token economy. AERO token price fell approximately 6% to around $0.796 on launch day per Crypto.News.
How the story developed
- Official statement
Token conversion terms published
Aero set conversion rates: 1 AERO = 1 new AERO, 1 VELO = 0.044 new AERO
- Update
AERO token price decline on launch day
AERO fell approximately 6% to $0.796 following the merger launch
- First report
First report by Unchained
Aerodrome and Velodrome Merge Into Aero, Sending All Exchange Revenue to AERO Stakers
- Update
Aero merger announcement and launch
Aerodrome and Velodrome went live as Aero across seven chains
- Official statement
Official statement from Bitcoin.com News
Aerodrome and Velodrome Unite to Chase $120B in Trading Volume
- Update
Velodrome continues operations on four chains without token economy
Velodrome maintains trading and liquidity on Celo, Fraxtal, Soneium, and Unichain
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 22 Oct 2026, 00:00 UTC: Unchained — 1 independent source, 1 reports
- 22 Oct 2026, 08:30 UTC: Bitcoin.com News, official — 2 independent sources, 2 reports
- 22 Oct 2026, 08:32 UTC: Bitcoin Insider — 3 independent sources, 3 reports
- 22 Oct 2026, 10:12 UTC: Crypto.News — 4 independent sources, 4 reports
- 22 Oct 2026, 12:47 UTC: Bankless — 5 independent sources, 5 reports
- 23 Oct 2026, 05:24 UTC: Altcoin Buzz — 6 independent sources, 6 reports
Affected entities
Also mentioned: Robinhood, Coinbase, Grayscale
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | Aerodrome and Velodrome Unite to Chase $120B in Trading Volume | Independent | |
| Unchained Crypto media | Aerodrome and Velodrome Merge Into Aero, Sending All Exchange Revenue to AERO Stakers | Original | |
| Bankless Crypto media | Aerodrome and Velodrome Go Live as Aero Across Seven Chains | Independent | |
| Crypto.News Crypto media | Why is Aerodrome Finance price falling today? AERO drops 6% | Independent | |
| Altcoin Buzz Crypto media | Aerodrome and Velodrome Merge Into Aero Across Seven Chains | Independent | |
| Bitcoin Insider Aggregator | Aerodrome and Velodrome Merge, Launching Unified AERO Token on Seven Chains | Syndicated |
Related events
Aave considers higher Bitcoin and ether borrowing limits as liquidation price cushions narrow
Aave governance is weighing proposals that would raise Bitcoin and ether borrowing limits while narrowing the buffer before liquidation.
Robinhood Chain daily fees fell 97% from peak even as transaction counts stayed near highs
Robinhood Chain fee revenue dropped from roughly $8 million a day in early September to about $230,000 by Sept. 16, while transaction counts declined only 32%.
Wazz links 53 Robinhood Chain token launches to one ring that took at least $18.43M
On-chain analyst Wazz says 53 Robinhood Chain token launches over about two months were tied to one ring that extracted at least $18.43 million from buyers.
TRX holds at $0.34 through early October as moving averages converge and Binance volume stays thin
TRX traded sideways at $0.34 through early October 2026 with its short-term moving averages converged at one price and Binance spot volume between roughly $18.3 million and $24 million.