Aerodrome Finance eyes growth ahead of Velodrome merger

Aerodrome Finance (AERO) has seen a significant price increase, rising approximately 17% to $0.942. This upward trend follows the publication of conversion terms for a planned merger with Velodrome, which is scheduled for launch on October 21, 2026.

The merger is expected to expand the protocol’s addressable market and potentially reshape its tokenomics. During this period, AERO’s trading volume increased to nearly $124.93 million. As a leading decentralized exchange on Coinbase’s Base blockchain, Aerodrome has maintained a Total Value Locked (TVL) above $400 million throughout much of October.

Financial metrics indicate growing protocol activity, with revenue reaching a yearly high of $7.92 million in September. This growth suggests that activity-generated revenue is narrowing the gap with token incentives used to attract liquidity. Analysts are monitoring key technical resistance levels to determine if the current bullish momentum can sustain further growth.