AERO-USD: Research Summary as of August 9, 2026

Overview

Aerodrome Finance (AERO) is a decentralized exchange (DEX), automated market maker (AMM), and liquidity-incentive protocol deployed on Base, Coinbase's Ethereum Layer-2 network, launched on August 28, 2023 [3]. It functions as Base's primary liquidity hub, combining token swaps, liquidity pools, and a vote-escrow governance model [3]. As of early August 2026, AERO trades around $0.39–$0.42, with a circulating market cap of approximately $409 million and a fully diluted valuation (FDV) of ~$815 million [6][7].

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Key Recent Catalysts (Approximately May–August 2026)