Coinbase supports Aerodrome and Velodrome migration to new AERO token from November 2-4, 2026
Summary
Aerodrome Finance and Velodrome Finance announced their merger into a new entity called Aero, accompanied by the introduction of a new AERO token. To facilitate this transition, Coinbase will support the migration from the legacy Aerodrome Finance (AERO) and Velodrome Finance (VELO) tokens to the new Aero (AERO) token from November 2-4, 2026, with a 1:1 conversion rate for AERO and an approximate rate of 0.044 AERO per VELO. The migration will temporarily disable sending and receiving of AERO and VELO during that period. Aero is set to officially launch on October 21, 2026, and will operate on seven chains, including newly added Robinhood Chain and Arbitrum, enabling seamless metaswaps across the supported networks.
Tokens
$AERO$VELO
Analysis
Aero: Aero is the unified liquidity layer designed for Ethereum-compatible networks, enabling cross-chain trading, concentrated liquidity earning, and permissionless market launches. It results from the merger of Aerodrome and Velodrome, with a full public launch planned for October 21, 2026, across multiple chains. Coinbase is coordinating token migrations to support the transition to its new AERO token. Coinbase: Coinbase is a leading cryptocurrency exchange offering trading, custody, and related services to users worldwide. It is implementing support for the Aerodrome and Velodrome token migration to the new Aero AERO token from November 2-4, 2026, including temporary restrictions on certain activities during the period. The platform will discontinue support for legacy tokens after the migration completes. Aerodrome Finance: Aerodrome Finance operates as a decentralized exchange protocol on the Base blockchain, focused on liquidity provision and trading. It is merging with Velodrome Finance to form the unified Aero platform and its new AERO token. Coinbase is facilitating the migration of its legacy AERO tokens as part of this consolidation. Velodrome Finance: Velodrome Finance is a decentralized exchange protocol primarily serving the Optimism ecosystem with liquidity and trading services. It is combining operations with Aerodrome Finance into the new Aero platform under a single AERO token. Coinbase will support the conversion of VELO tokens during the upcoming migration window. Economic System: sAERO holders will use Predictive Allocation to direct rewards across the network while the AER Engine optimizes incentives based on projected revenue. Launch Expansion: Aero will deploy on seven chains at launch, including newly added Robinhood Chain and Arbitrum alongside Base, Ethereum Mainnet, OP Mainnet, Arc, and Ink. Cross-Chain Capabilities: The platform introduces metaswaps to enable token swaps across supported chains using onchain liquidity and Slipstream pools with dynamic fees and MEV capture.
Categories
cryptoethereumdefibasetechrwahyperliquiddatssolana