AERO: ONE TOKEN. ONE ENGINE. ONE LIQUIDITY LAYER

Summary from the TLDR Crypto newsletter

Aerodrome and Velodrome are merging into Aero with a single AERO token launching Q2 2026 on Base as the operational hub, distributing 94.5% to AERO holders and 5.5% to VELO holders based on their $260 million versus $15 million in trailing 52-week revenue. The MetaDEX03 architecture expands revenue capture beyond swap fees to include front-end routing, internal MEV auctions, cross-chain bridging, and liquidity automation targeting a $7 billion market, with all value flowing to AERO token holders. Aero deploys across Ethereum mainnet, Arc, and Syndicate using hub-and-spoke architecture, while the new Momentum Fund replaces existing programs to direct rewards, execute rule-based buybacks and burns, and compensate high-impact contributors with veAERO tokens.