Dromos Labs is merging its two flagship decentralized exchanges, Aerodrome (on Base) and Velodrome (on Optimism), into a single cross‑chain protocol and brand called Aero, with a unified token distributed primarily to existing AERO holders based on revenue contribution. The new Aero platform will launch first on Base and then expand to Ethereum mainnet and Circle’s Arc chain, positioning Dromos to compete more directly with leading DEXs like Uniswap by aggregating liquidity and simplifying swaps across multiple EVM networks.
According to Dromos’ “New Horizon” / Metadex 03 announcement, Aero is built on a new DEX operating system (Metadex 03) that unifies the previously separate roles of Velodrome (serving the broader Ethereum ecosystem) and Aerodrome (institution‑focused on Base) under one protocol. The tokenomics consolidate the existing AERO and VELO tokens into a single Aero token, with allocation determined by the last 52 weeks of protocol revenue: Aerodrome generated about $260 million versus Velodrome’s $15 million, leading to a roughly 94.5% / 5.5% split for AERO versus VELO holders in the new token distribution. This approach is intended to mirror each protocol’s economic contribution while still preserving a role for Velodrome’s community in governance and incentives.
Strategically, Aero aims to address liquidity fragmentation by acting as a unified liquidity layer that can route and concentrate liquidity across Base, Ethereum mainnet, Arc, and other compatible EVM chains. Dromos plans features such as built‑in cross‑chain routing (“one‑click” multi‑chain swaps), enhanced revenue capture including MEV, and a tiered token launchpad serving both permissionless projects and regulated institutions. The migration and launch of the new Aero protocol and token are targeted for Q2 2026, with most holders expected to be migrated automatically, while some users with complex or custodial positions may need to follow specific migration instructions.
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✨ AI-generated background, compiled from web sources — not editorial content.