Aerodrome and Velodrome Merge to Launch Aero Exchange

Aerodrome and Velodrome have announced their merger to launch the on-chain spot trading exchange Aero. Aero will be available on the Ethereum mainnet, Base, Robinhood Chain, Ink, OP Mainnet, Arc, and Arbitrum, covering seven networks with a total monthly DEX trading volume of approximately $120 billion. After the merger, the AERO and VELO tokens will migrate to the new AERO token, and veAERO and veVELO will convert to sAERO. Aero is developed by Dromos Labs, and founder and CEO Alex Cutler stated that 100% of the platform's revenue will be distributed to AERO stakers.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.