TREE NEWS reports: Aerodrome’s AERO token has gained 48% over four weeks, outpacing both bitcoin and ether, as the Base-based DEX holds about $393 million in total value locked. The rally comes ahead of Aerodrome’s planned merger with Velodrome. AERO trades on the Base network, where Aerodrome is the largest decentralized exchange by deposits.
AERO Rallies 48% in Four Weeks as Aerodrome Holds $393M on Base
AERO's outperformance against bitcoin and ether points to capital rotating toward Base-native infrastructure rather than broad market beta, with the token's four-week move tracking the venue's deposit base. The pending Velodrome merger is the structural driver here, consolidating two related DEX operations and concentrating liquidity and governance in one entity. Whether that deposit figure holds through the integration, or thins as merged incentives reset, is the open question worth tracking.
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