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Crypto DeFi

Binance to Support Velodrome-VELODROME Merge Into Aerodrome AERO

Binance said it will support the merger of Velodrome Finance (VELODROME) into Aerodrome (AERO) and the AERO contract swap. The exchange will halt trading and delist all VELODROME spot pairs, including VELODROME/USDT, at 11:00 (UTC+8) on November 3, 2026, canceling all open orders, while existing AERO spot pairs are unaffected. Deposits and withdrawals of the old VELODROME token will be suspended from 11:30 (UTC+8) the same day and will not resume after the merger.

Original source

AI take

This is a consolidation signal for the decentralized exchange sector, where two Velodrome-linked venues fold into a single Aerodrome token. For holders, the practical risk sits in the mechanics rather than the narrative: a hard delisting deadline, canceled orders and permanently closed deposit and withdrawal rails mean any VELODROME left on the exchange past the cutoff may be stranded. The open question is how smoothly the AERO contract swap absorbs that migration, and whether liquidity and volume concentrate further into AERO once the old pair disappears.

Generated by AI for reference only.

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