Aerodrome Finance

Aerodrome Finance (AERO)

Full information about Aerodrome Finance (AERO). Current Aerodrome Finance price in PHP, AERO open/close rates, Aerodrome Finance history charts, Aerodrome Finance market capitalization and volume.

1 AERO = 65.39 ₱ Philippine Peso (PHP)
1.1623218 PHP

Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago 1 USD = 56.254984 PHP

General information
Global rank:205
Name: Aerodrome Finance Aerodrome Finance
Symbol:AERO
Current coin price (PHP):65.39 ₱
Last hour:arrow_upward0.560 %
Last 24 hours:arrow_downward-5.38 %
Last 7 days:27.63 %trending_up
Capitalisation (PHP):41 466 689 051.18 ₱
Volume 24h (PHP):1 879 010 861.46 ₱
Available supply:634 179 190.00 AERO
Total coin supply:-1 AERO
Start date:2023-08-28
Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago

Aerodrome Finance/Philippine Peso (AERO/PHP) price chart

Aerodrome Finance/Philippine Peso (AERO/PHP) capitalisation and volume charts

What is Aerodrome Finance (AERO)?

Aerodrome Finance, identified by its native token AERO, is an Automated Market Maker (AMM) that serves as the principal liquidity centre for Base, an Ethereum layer-2 scaling solution. The platform features a liquidity incentive engine, a vote-lock governance structure, and is crafted to provide a user-friendly experience. It has been developed as a branch of Velodrome, a trading and liquidity marketplace on Optimism, another Ethereum layer-2 scaling solution, and incorporates improvements from Velodrome V2.

What is Aerodrome Finance (AERO) used for?

Aerodrome Finance is integral to its ecosystem, functioning as a trading and liquidity marketplace on Base, where it facilitates transactions and boosts liquidity. The platform utilises non-fungible tokens for governance, allowing NFT holders to participate in decisions regarding token emissions and to benefit from incentives and fees generated by the protocol. It also provides token swapping services, aiming to keep fees low and minimise slippage. A vital aspect of the platform is the Total Value Locked indicator, which represents the capital stored in its smart contracts, acting as a barometer for the ecosystem's health and strength.