Aerodrome Finance
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 58 → 84. Problems weighed by who is responsible: incidents the subject suffered −6, concerns that are not fraud −3.2, problems around the subject, caused by others −2.8; legitimacy credit well known and widely used +15, long-running +6; fact-check adjustments (−10) now shown as page reliability, not in the score. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -3.2 |
| Incidents it suffered (e.g. hacks) | -6 |
| Problems around it, caused by others | -2.8 |
| Well known and widely used | +15 |
| Long-running | +6 |
| Sum | 74 |
Score: 84/100 (kept between 0 and 100)
How scoring works →Summary
Aerodrome Finance is a decentralized exchange (DEX) and automated market maker (AMM) launched on August 28, 2023 on Coinbase's Base Layer-2 network. It operates a ve(3,3) tokenomics model inherited from Velodrome Finance and has grown to become the dominant DEX on Base by total value locked and trading volume. The protocol has no history of smart contract exploits but suffered a significant DNS hijacking attack in November 2025 that resulted in approximately $700,000 to $1 million in user losses.
Connected Entities
8 entities · 60 linked investigations- Ethereum→mentioned with→Coinbase(60%)
- Aerodrome Finance→mentioned with→Optimism(70%)
- Aerodrome Finance→mentioned with→Base(70%)
- Aerodrome Finance→mentioned with→Ethereum(80%)
- Aerodrome Finance→mentioned with→Uniswap(70%)
- Aerodrome Finance→mentioned with→Coinbase(70%)
- Optimism→mentioned with→Ethereum(80%)
- Optimism→mentioned with→Coinbase(60%)
- Convex Finance→mentioned with→Ethereum(80%)
- Convex Finance→mentioned with→Coinbase(60%)
- + 11 more
Timeline(6 events)
2 June 2022
Velodrome Finance, the predecessor protocol by the same team, launched on Optimism.
From Launch to Leadership: The Story of Velodrome Finance — Descrii28 August 2023
Aerodrome Finance launched on the Base network with an initial supply of 500 million AERO and no venture capital or private sale funding.
What Is Aerodrome Finance? Ultimate Guide — CoinGecko27 February 2024
Coinbase Ventures (Base Ecosystem Fund) announced an undisclosed AERO token acquisition; AERO price surged over 140%.
Liquidity Protocol Aerodrome Finance Receives Investment from Coinbase Ventures — Yahoo Finance13 November 2025
Dromos Labs announced the merger of Aerodrome and Velodrome into a new unified DEX named Aero, targeting a Q2 2026 launch on Base, Optimism, Ethereum mainnet, and Circle's Arc.
Leading Base DEX Aerodrome Merges Into Aero in Major Overhaul — CoinDesk21 November 2025
DNS hijacking attack via insider threat at NameSilo redirected aerodrome.finance and aerodrome.box to phishing sites; approximately $700,000-$1 million drained from user wallets. Smart contracts were not compromised.
Aerodrome Finance Hit by 'Front-End' Attack — CoinDesk29 January 2026
CoinDesk published an in-depth profile on the Aero cross-chain DEX expansion plans targeting Uniswap and Curve on Ethereum mainnet.
Aero DEX aims to fix liquidity fragmentation and dethrone the incumbents — CoinDeskDecision Log
- slot 455370506 · hash 99nA3YZnRMgYfLodDcv3fkyKvmXMDDxX3krPqwyGwyc1
- slot 424156146 · hash 8bEAq6KK6xtjjFnxEKk1TYf3p6ypd3r59gQw9JTBgYNa
- slot 424156143 · hash Eow3quaUneuzgpz3XwUaxHhzJqbBrChVjkaYhGB1iCu9
- slot 423329430 · hash GS5hB7kgmkjTtgfFcS11hGN2DqdD6u4f8WwH4aM5q4z1
This investigation is cryptographically anchored to the Solana blockchain (4 decisions). 18 of 18 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 5/31/2026, 7:31:35 AM
last updated: 10/10/2026, 6:50:23 PM
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