Correction, October 7 An earlier version of this page said the Velodrome merger was announced in July 2026. Dromos Labs announced it on November 13, 2025, with a first target of the second quarter of 2026, which has since slipped to October 21.
Binance opened spot trading for Aerodrome's AERO on July 17 at 16:00 UTC, five hours later than announced, with a Seed Tag and USDT, USDC and TRY pairs. The token traded near $0.80 on October 7. Aerodrome and Velodrome merge into a single protocol, Aero, on October 21, and a token swap follows.
Where it stands
Binance's own market data shows the first AERO/USDT hourly candle at 16:00 UTC on July 17, opening at $0.4724. All three pairs were still trading on October 7, with AERO/USDT last at $0.8042. CoinGecko shows a price of $0.8026, a market cap of $802.42 million and 24-hour volume of $45.99 million, with Binance, Coinbase, LBank and Bybit among the busiest venues. Its all-time high is $2.32.
Aerodrome is not a new project riding a listing pop. It launched in 2023 and became the central liquidity venue of Base, Coinbase's Ethereum layer 2. AERO holders lock tokens for voting power, votes direct emissions to liquidity pools, and trading fees flow back to the lockers. The model comes from Velodrome on Optimism.
In late July the team announced Predictive Allocation, which would replace weekly veAERO gauge voting with a model that directs emissions toward predicted liquidity demand, CoinMarketCap's project feed said. We found no confirmed rollout date, so holders should read the proposal in Aerodrome's own channels before assuming the old lock-and-vote math still applies.
The Binance debut
Binance's original notice set the open at 11:00 UTC. A short follow-up moved it to 16:00 UTC and gave no reason. Deposits opened roughly an hour before trading so holders could position, and withdrawals unlocked on July 18.
Original July 17 schedule.
Five hour push, no reason given.
About an hour before trading.
USDT, USDC and TRY pairs, Seed Tag applied.
Two disclosures stand out. Binance stated the listing fee was zero BNB, and it said 100,000 USDC was allocated to marketing campaigns around the launch. The Seed Tag is Binance's warning label for listings it considers early or volatile, and it forces a quiz before users can trade the pair. Applying it to a protocol three years old says more about the exchange's caution than about Aerodrome's maturity.
Because AERO already had deep onchain liquidity and listings elsewhere, the debut widened distribution more than it discovered a price. Our exchange listings guide covers the framework. The Base angle is tracked on the Base airdrop page, and the pattern of Binance filling gaps in established onchain protocols appeared in its June listing wave.
The merger and token swap
| Date | Event | Source |
|---|---|---|
| November 13, 2025 | Dromos Labs announces the merger; AERO and VELO fall about 20% in 24 hours | FXStreet |
| October 21 | Aero launches, unifying Aerodrome and Velodrome | Crypto Briefing, Bitrue |
| November 2 to 4 | Coinbase converts AERO 1:1 and VELO at about 0.044 AERO; transfers paused | Crypto Briefing |
The new AERO supply splits 94.5 percent to Aerodrome holders and 5.5 percent to Velodrome holders, based on each protocol's revenue in the 52 weeks before the announcement: $260 million for Aerodrome and $15 million for Velodrome. Coinbase converts automatically and charges no fee. VELO trading on Coinbase is disabled on November 2, while AERO trading continues. Holders in self-custody must reach the project's own migration route or risk holding an obsolete token, Cryptoticker noted.
Binance has not published a swap notice that we could find, so holders there should wait for the exchange's own announcement. Predictive Allocation and a merger arriving within months of each other is a lot of protocol risk to reprice. A wider door is not a verdict on what walks through it.
Not financial advice Listings often spike and then fade once the first wave of buyers is done. Nothing here is a suggestion to buy this token. Check dates on the exchange's own announcement page before trading: schedules slip. Our listing reaction data shows how new listings have typically traded.
