Aerodrome Finance slips 6% as unified Aero exchange debuts

The transition to the Aero platform consolidates operations previously siloed on Base and OP Mainnet, extending reach to networks including Ethereum, Robinhood Chain, and Arbitrum. CEO Alex Cutler confirmed the new structure directs exchange revenue to token stakers, maintaining the incentive model that previously defined both Aerodrome and Velodrome. Under the migration terms, AERO and VELO holdings are being swapped for a unified AERO asset, with 94.5% of the new supply allocated to existing Aerodrome participants.

Market data signals a cautious response to the restructuring. Futures open interest declined 7.88% to $138.33 million, suggesting traders are unwinding leveraged bets rather than initiating fresh positions. While spot exchange outflows reached $301,290, these movements often reflect users shifting assets into staking or migration protocols rather than active selling. On the charts, technical indicators remain bearish; the Aroon Oscillator sits at -50, confirming that recent price lows carry more weight than attempts at recovery. The $0.79 level now serves as a critical support floor, with analysts watching for a potential breakout above the $0.90 neckline to signal a shift in momentum.