Aerodrome Finance
In the last hour, Aerodrome Finance's price has seen a change of +1.57%, and over the past 24 hours, its price has moved by +0.85%. Over the previous week, Aerodrome Finance's price has moved by +28.75%. The current price of Aerodrome Finance is BHD 0.2604, accompanied by a trading volume of 23.56M in the last day. Aerodrome Finance's price is currently 70.38% below its all-time high of BHD 0.8790, which remains the highest price Aerodrome Finance has achieved since its launch. The circulating supply of Aerodrome Finance stands at 992.7M, translating to a total market capitalization of 258.5M.
Market stats
Frequently asked questions
What is the Aerodrome Finance network?
Aerodrome Finance (Aerodrome Finance) and its trading symbol (AERO) is a decentralized infrastructure protocol developed on the Base blockchain as a Layer 2 project, a decentralized trading platform that functions as an automated market maker (AMM), by leveraging advanced liquidity incentives and a governance model based on voting lock-up. At its core, the Aerodrome Finance protocol facilitates seamless token swaps and generates trading fees. By distributing AERO tokens to liquidity providers (LPs) based on community votes, and allowing participants to stake their AERO tokens in exchange for veAERO votes, it incentivizes active participation and governance within the ecosystem. This approach not only rewards users but also ensures a decentralized, user-driven direction for the protocol’s development.
How does the Aerodrome Finance network work?
The Aerodrome Finance protocol is based on the Automated Market Maker (AMM) model, where trades are executed through liquidity pools without the need for an order book, providing fast price execution and low spreads. AERO token holders can also lock their tokens for up to four years on the network in exchange for veAERO tokens, which grant them the right to vote on the liquidity pool reward distribution mechanism and participate in the protocol’s governance. Voters receive fees from the liquidity pools they support, which encourages them to contribute to increasing liquidity in the protocol. Additionally, veAERO tokens are tradable non-fungible tokens (NFTs), which contribute to the system’s flexibility and the sustainability of decentralized incentives through this mechanism.
Is AERO available on Rain?
We are constantly working to expand our list of listed assets, and although we cannot provide a specific date for the listing of Aerodrome Finance (AERO) at this time, you can follow the latest updates through our official social media channels such as X.
Rain is licensed by the Central Bank of Bahrain (CBB) and the Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA). This provides customers with a regulatory framework for trading digital assets in the region.
What are the risks and considerations
Before purchasing AERO, it is important to understand the risks associated with it:
• Price volatility risk: The token may be subject to sharp price fluctuations.
• Technical risk: Programming flaws or vulnerabilities in the automated market maker system could result in permanent loss of funds.
• Liquidity risk: Liquidity may affect the coin’s price movement.
• Governance and regulatory risk: The coin’s value may be affected by legislation and regulation.
• Security risk: You must protect your account with a strong password and two-factor authentication, and choose an appropriate storage method after researching it thoroughly.
You should not purchase AERO based solely on price predictions. Instead, you should study the whitepaper, the token’s use cases, the project, and your risk tolerance before making any decision.
What is AERO?
It is an ERC-20 token used to reward liquidity providers, manage protocol governance, and align incentives on Aerodrome Finance.
What blockchain does Aerodrome Finance run on?
It runs on Base, a fast and low-cost layer-2 network created by Coinbase.
What do veAERO token holders do?
They vote on which liquidity pools receive future AERO rewards and receive 100% of the platform’s trading fees
What is a Aerodrome Finance wallet?
A Aerodrome Finance wallet is where you can securely store Aerodrome Finance. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a Aerodrome Finance address?
A Aerodrome Finance address is a string of unique characters that is tied to your Aerodrome Finance wallet. The address functions just like a bank account number and it is what you use in order to send Aerodrome Finance from your wallet, or to receive Aerodrome Finance to your wallet.
What are the most popular cryptocurrencies besides Aerodrome Finance?
Besides Aerodrome Finance, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What will the price of Aerodrome Finance be in next 5 years?
Price predictions for Aerodrome Finance over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading Aerodrome Finance taxable?
Trading Aerodrome Finance may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is Aerodrome Finance's ATH?
Aerodrome Finance’s all-time high (ATH) was BHD 0.8790 on 07 Dec 2024. This represents the highest recorded market price of the asset to date.
When will Aerodrome Finance be available on Rain?
We’re always working to expand our listed assets. While we can not provide a specific listing date for Aerodrome Finance just yet, stay tuned for updates by following us on our official social channels like X.
What is the market cap of Aerodrome Finance?
With a market capitalization of 258.5M, Aerodrome Finance is ranked 73 among other crypto assets.
What is the all-time high of Aerodrome Finance?
The highest valuation of Aerodrome Finance since its launch was at BHD 0.8790, marking its all-time high.
What is the 24-hour trading volume of Aerodrome Finance?
The trading activity of Aerodrome Finance over the last 24 hours was at 23.56M, highlighting its liquidity in the market.
How many Aerodrome Finance are there in circulation?
There are approximately 992.7M units of Aerodrome Finance currently in circulation, affecting its market dynamics.
What is the relative popularity of Aerodrome Finance?
Aerodrome Finance market cap is around 258.5M.
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