Dromos Labs, the team behind Aerodrome on Base and Velodrome on Optimism, has announced a new unified exchange called Aero.
Summary
- Dromos merges Aerodrome and Velodrome into one DEX called Aero.
- Unified AERO token replaces AERO and VELO without remining or dilution.
- The MetaDEX 03 system aims to increase efficiency and expand across Ethereum and Arc.
The platform will bring both protocols together under one system, designed to consolidate liquidity, improve scalability, and expand across multiple Ethereum networks, including Circle’s Arc blockchain.
The announcement was created at Dromos Labs’ “New Horizon” event on November 11, where the team described Aero as a “central liquidity hub” designed to connect every network and power applications through a shared system.
A unified token and new DEX architecture
An important part of the transition is the merging of the Aerodrome (AERO) and Velodrome (VELO) tokens into one AERO token. No new tokens are created.
The new token will be distributed to existing holders based on the size and revenue share of each protocol, with VELO holders receiving 5.5% and AERO holders approximately 94.5%. To ensure that holders retain their stake without any dilution, the AERO token will represent a portion of Aero’s total revenue and growth.
In addition, Dromos is launching MetaDEX 03, a new stock market operating system designed to improve efficiency and reward structures. AER and REV, the two new engines of the system, will internalize liquidity revenues and reduce operating costs. According to the team, the upgrade could increase protocol revenue by 40% while reducing costs by approximately $34 million.
The protocol will also include “Metaswaps” for cross-chain trading, verified pools for compliant settings, and improved integrations between Ethereum virtual machine networks. With these improvements, Aero hopes to be among the most customizable and scalable DEX infrastructures in DeFi.
Expansion via Ethereum and institutional networks
In addition to the merger, Dromos plans to position Aero as the liquidity base layer for the onchain economy. The new hub will be integrated with major Ethereum networks and institutional channels via Circle’s Arc blockchain. It will also serve as the foundation for new developer tools and revenue programs designed to attract enterprise users and builders.
Aerodrome currently leads all DEXs on Base, earning over $14.7 million in monthly fees and capturing the majority of the network’s liquidity. Combined with Velodrome, the merged platform will manage more than $480 million in total value.
Analysts say Aero’s launch could mark a turning point for the DEX infrastructure, creating a unified, scalable model capable of supporting $2 billion or more in monthly trading volume across multiple chains.
