# Aerodrome

> Track Aerodrome's fees, revenue, TVL and active users with daily on-chain data across 2 chains. Compare Aerodrome with other exchanges (DEX). Updated daily.

Source: [Aerodrome on Token Terminal](https://tokenterminal.com/explorer/projects/aerodrome). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: AERO
- Sectors: Exchanges (DEX)
- Chains: arc, base

## About

### What it is

Aerodrome is a non-custodial exchange protocol built on Base. Aerodrome was launched by the Velodrome team in 2023.

### Who uses it

AERO tokenholders own and govern the protocol. They vote which pools they wish to earn trading fees from (revenue), while the pools' unstaked liquidity providers earn the remainder of the trading fees (supply-side fees).

### How it works

Liquidity providers deposit funds into Aerodrome and stake their LP tokens to receive AERO tokens in proportion to their share of the votes (token incentives).

## Metrics

Token Terminal tracks these metrics for Aerodrome daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/aerodrome/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/aerodrome/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/aerodrome/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/aerodrome/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/aerodrome/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/aerodrome/metrics/token-supply-circulating)
- [Total value locked](https://tokenterminal.com/explorer/projects/aerodrome/metrics/tvl)
- [Trading volume](https://tokenterminal.com/explorer/projects/aerodrome/metrics/trading-volume)
- [Tradeable pairs](https://tokenterminal.com/explorer/projects/aerodrome/metrics/tradeable-pairs)
- [Tradeable assets](https://tokenterminal.com/explorer/projects/aerodrome/metrics/tradeable-assets)
- [Fees](https://tokenterminal.com/explorer/projects/aerodrome/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/aerodrome/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/aerodrome/metrics/revenue)
- [Expenses](https://tokenterminal.com/explorer/projects/aerodrome/metrics/expenses)
- [Token incentives](https://tokenterminal.com/explorer/projects/aerodrome/metrics/token-incentives)
- [Earnings](https://tokenterminal.com/explorer/projects/aerodrome/metrics/earnings)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/ps-circulating)
- [Liquidity turnover](https://tokenterminal.com/explorer/projects/aerodrome/metrics/liquidity-turnover)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/aerodrome/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/aerodrome/metrics/code-commits)
- [Trade count](https://tokenterminal.com/explorer/projects/aerodrome/metrics/trade-count)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/aerodrome/metrics/gas-used)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/arpu)
- [Average trading volume (per trade)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/trading-volume-avg-per-trade-count)
- [Average trading volume (per user)](https://tokenterminal.com/explorer/projects/aerodrome/metrics/trading-volume-avg-per-user)
- [Take rate](https://tokenterminal.com/explorer/projects/aerodrome/metrics/take-rate)

## Links

- [github](https://github.com/aerodrome-finance)
- [twitter](https://twitter.com/AerodromeFi)
- [discord](https://discord.com/invite/aerodrome)
- [etherscan](https://basescan.org/address/0x940181a94A35A4569E4529A3CDfB74e38FD98631)
- [website](https://aerodrome.finance/)
