It’s no secret that Aerodrome is the leader in the Base ecosystem in terms of transaction volume, revenue, and fees. But few people know how it all began and what opportunities Aerodrome has opened up for the Base ecosystem

The beginning

Aerodrome Finance launched in August 2023 and very quickly became the dominant DeFi project on Base. It was essentially a “successor” to Velodrome on Optimism.

had a major influence on Base, which is why TVL and volume grew an impressive 100x in just a few days

• Day 1 -> $230K TVL; $175K DEX Volume
• Day 3 -> $24M TVL; $21M DEX Volume

At its peak, TVL reached as high as $1.22B, which ultimately cemented the project’s importance within the Base ecosystem

Aerodrome accounts for half of all DEX swaps, as it offers the best terms, fees, and slippage. That’s why it has become the #1 platform

Some statistics

1. $AERO token ranks in the top-100 by market cap, with a $419M mc
2. Total Trading Volume = $379.5B
3. Total Revenue = $464.1M
4. All Time Fees = $475.5M
5. Monthly Active Users = 259,200

Growth from 2023 to 2024

Aerodrome posted impressive growth and figures in its first year. It was a huge success both for the project team and for Base

Total Trading Volume among the top-5 DEXs

Market Share (%)

1. Aerodrome → 54.9%
2. Uniswap → 28.0%
3. PancakeSwap → 14.7%
4. Uniswap → 1.4%
5. SushiSwap → 1.0%

Aerodrome accounts for more than half of the total volume on this list. It has even surpassed Uniswap, which is the leader among all DEXs

Revenue 24h сomparison

Surpasses Circle by 2 times and surpasses other competitors by 10 times or more.

TVL comparison

Aerodrome ranks 6th, as it is surpassed by Circle, Morpho, Aave, Steakhouse Financial, and Uniswap. Its TVL stands at $508M

Aerodrome has an average APR % compared to other DEXs; there are more attractive rates out there, but let’s not forget that the leader has one of the best security measures and is ranked #1 among Base apps

AERO

>THIS IS NOT FINANCIAL ADVICE, DYOR!

In addition, Aerodrome offers pools paired with AERO that offer quite attractive APRs.

These are the pools:

• USDC / AERO ～ 24%
• WETH / AERO ～ 19%
• fBOMB / AERO ～ 63%
• AERO / USDbC ～ 18%

Summary

It’s no surprise that Aerodrome ranks first among apps in the Base ecosystem. Its rapid growth has helped it gain popularity and increase its visibility within the ecosystem.

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How often do you use Aerodrome? Share your answers in the comments

I came across a pretty interesting AI project on my radar—at least in terms of its concept

Since I’ve only just started exploring this field, I’d like to dive into studying promising AI projects in the Base ecosystem with you

What does OrionX do?

1. They create so-called “robot soldiers.” Unlike other robots that require an operator with a remote control, they are equipped with “Artificial Intelligence” (ARES), which allows them to think independently and navigate dangerous areas, such as trenches or ruins, without the influence of a remote operator
2. They are trained to operate in the most challenging conditions: in the dark, in the rain, or in trenches.
3. It is also the first company to offer a complete turnkey solution: the robots themselves and the artificial intelligence inside them.

The topic of military equipment is quite complex, but let’s consider how this could be useful in other areas of life. These technologies can be used to perform complex physical work in real life or to control certain mechanisms

Such a major development can attract the attention of serious investors and governments, and automatically make the Base network more in demand.

It could also connect the Base ecosystem with governments and projects at the NATO level. OrionX technology is already being tested and used on the battlefield.