Aerodrome FinanceAERO

The token of Aero, the merged Aerodrome and Velodrome exchange; staked AERO receives its revenue.

Rank #105Since August 2023

Price on 31 Oct 2026

C$0.8807 +50.9% since 31 Jul 2026 · 73.2% below its all-time high

The short version

Aero is the decentralized exchange formed by merging Aerodrome (Base) and Velodrome (Optimism); it launched on 22 Oct 2026 on seven networks. It is built by Dromos Labs with no venture backing or token sale, and staked AERO (sAERO) receives 100% of exchange revenue. New AERO is minted as emissions to liquidity providers, about 8-11% of supply a year. On 31 Oct 2026 one AERO cost C$0.8807. From 31 Jul 2026 to 31 Oct 2026 its price changed +50.9% in Canadian dollars, and it was 73.2% below its all-time high of C$3.28 set on 12 Dec 2024.^[1]

Checked 31 Oct 2026 · 11 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$1.67 (11 Nov 2025) · low C$0.4091 (11 Feb 2026) · -40.7%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.8839	US$0.6332
30 Sep 2026	C$1.15	US$0.8106
31 Aug 2026	C$0.6650	US$0.4796
31 Jul 2026	C$0.6060	US$0.4320
30 Jun 2026	C$0.6497	US$0.4574
31 May 2026	C$0.5781	US$0.4190
30 Apr 2026	C$0.6424	US$0.4730
31 Mar 2026	C$0.4293	US$0.3088
28 Feb 2026	C$0.5706	US$0.4173
31 Jan 2026	C$0.6242	US$0.4627
31 Dec 2025	C$0.5954	US$0.4347
30 Nov 2025	C$0.9420	US$0.6716

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.8807^[1]
3-month change: +50.9% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 73.2% below its high of C$3.28 (12 Dec 2024)^[1]
Market rank: #105, market value about C$709.4M^[1]
Kind: Token · Base (ERC-20); since Oct 2026 also on Optimism, Ethereum and other networks
Started: August 2023

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNew AERO comes only from protocol emissions; no owner key on the Base contract^{[2, 3]}

Can anyone freeze or take coins from holders?NoNo blacklist, pause or balance-change function in the contract^[2]

Can the token's contract code be changed?NoFixed contract code on Base, not a proxy^[2]

Is the supply capped?NoNo maximum; emissions add about 8-11% of supply a year^[3]

Any scheduled unlocks in the next 12 months?NoNo vesting cliffs; supply grows through emissions instead^[3]

Does a team or foundation hold over 10% of supply?Not disclosedTeam share of the original Aerodrome supply was not found^[4]

Do network fees reach coin holders?YessAERO stakers receive 100% of exchange revenue^[4]

Main network hacked or halted in the past 2 years?NoContracts not exploited; a Nov 2025 registrar hijack cost users US$700K through phishing^[5]

Is a regulator or court case targeting the coin itself?NoNo regulator or court case found^[6]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Dromos Labs and the Aero Foundation; jurisdictions not found^{[4, 6]}
Leaders: Alexander Cutler (co-founder, CEO) and Tao Watts (co-founder, executive director)^[7]
Funding: No venture backing or token sale for the merged AERO^[4]

Supply

In circulation: 806.49M AERO of 2.01B in total (40.2%)^[1]
Maximum supply: None set^[1]
Fully diluted value: 2.49 times its current market value^[1]
Emissions: Minted when claimed; about 11% of supply a year now, about 8% projected^[3]
Merger split: 94.5% to Aerodrome holders and 5.5% to Velodrome holders, by 52-week revenue^[4]
Staked: sAERO holds about half of supply^[3]

Use and fees

Fees: US$125M over the past year; US$89.4M paid to stakers^[8]
Trend: 30-day holder revenue US$7.5M, down from US$15.3M in the prior 30 days^[8]

Trading

Daily trading: About C$62.2M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 6.44% of its market value changes hands each day^[1]
20-week average: 9.5% above its 20-week average price^[1]
1-year change: -43.0% in C$^[1]^[9]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[10]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

The Momentum Fund reportedly made its first buyback-and-burn, 174,000 AERO, on 28 Oct 2026; not yet confirmed on aero.xyz.^[11]
Registrar hijacks in Nov 2023 and Nov 2025 sent users to phishing sites; the contracts were not affected.^[5]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.