A market that stays open
Aerodrome brings token swaps and liquidity together on Base. Trade supported assets through a decentralized exchange, with transactions settled onchain and access available to anyone with a compatible wallet.
THE LIQUIDITY MARKETPLACE ON BASE
Where liquidity
finds its flow.
A decentralized exchange built to bring traders, liquidity providers, and communities together on Base.
BUILT ON BASE / OPEN, ONCHAIN MARKETS
01 — A NEW KIND OF MARKETSCROLL TO DISCOVER ↓
01 / THE PROTOCOL
Markets move better
when they move together.
Aerodrome Finance is a decentralized exchange and automated market maker designed for the Base network. It connects token swaps with a marketplace for liquidity: pools make trading possible, while a community-led incentive system helps guide where liquidity is provided. The result is an open financial primitive designed to serve a growing onchain ecosystem.
02 / HOW IT WORKS
Three parts.
One ecosystem.
Explore the building blocks behind Aerodrome and how they fit together.
Liquidity with a purpose
Liquidity providers deposit token pairs into pools so other people can trade. In return, eligible pools may receive emissions and trading fees. Each pool has its own risk, activity, and incentive profile—review the details before committing assets.
Community-shaped incentives
AERO is the protocol’s governance and incentive token. Holders can participate in directing emissions by voting with veAERO, aligning rewards with the liquidity the community believes is most useful. Voting involves trade-offs and does not guarantee a return.
03 / AERO & veAERO
Incentives, shaped
by the community.
AERO is the protocol token used in Aerodrome’s incentive design. Locking AERO can create veAERO voting power, which gives participants a role in deciding how emissions are directed among eligible liquidity pools. This mechanism is intended to let users and builders signal where incentives can best support the market.
Token voting is a governance choice—not a promise of profit. Token values can change sharply, lockups reduce flexibility, and pool incentives can vary. Learn how the system works, check current protocol documentation, and make decisions based on your own circumstances.
Read the protocol documentation ↗04 / PARTICIPATE THOUGHTFULLY
Open access.
Informed choices.
Using decentralized finance carries risk. Smart contracts may contain vulnerabilities; token prices and liquidity can shift quickly; providing liquidity may expose you to impermanent loss; and transactions are generally irreversible. Network fees and third-party interfaces also matter.
This page is an introduction, not financial, investment, or legal advice. Aerodrome is a protocol, not a bank or broker, and no outcome is guaranteed. Verify addresses and documentation through official channels before interacting, understand every transaction, and never commit funds you cannot afford to lose.
Explore Aerodrome ↗