AERO and VELODROME both posted sharp 24-hour gains as the planned merger of Aerodrome and Velodrome moved closer to launch. According to HTX market data cited by BlockBeats on Sept. 26, AERO was trading at $0.89, up 25.5% over the past 24 hours, while VELODROME was at $0.038, up 22.1%.
The two protocols are set to combine into a unified cross-chain decentralized exchange, Aero, with launch scheduled for Oct. 21. The platform is set to cover Base, Ethereum mainnet, OP, Arc, and Ink, while also adding Robinhood Chain and Arbitrum.
The token structure will also be consolidated. AERO and VELO will be merged into a single AERO token. Based on prior revenue, about 94.5% of the allocation will go to AERO holders and 5.5% to VELO holders. Communities and trading venues are also set to migrate to Aero.
AERO and VELODROME both rose more than 20% in the past 24 hours as Aerodrome and Velodrome move toward a merger into a single cross-chain decentralized exchange.
According to HTX market data cited by BlockBeats on Sept. 26, AERO was trading at $0.89, up 25.5% over 24 hours. VELODROME was quoted at $0.038, up 22.1% over the same period.
Aerodrome and Velodrome set Oct. 21 launch for unified DEX
Aerodrome and Velodrome will merge into Aero, a unified cross-chain DEX, with the launch scheduled for Oct. 21. The rollout will cover Base, Ethereum mainnet, OP, Arc, and Ink, and will also add Robinhood Chain and Arbitrum.
Tokens to be folded into a single AERO
AERO and VELO will be consolidated into one AERO token. Based on prior revenue, about 94.5% will be allocated to AERO holders and 5.5% to VELO holders. The communities and trading platforms will also migrate to Aero.
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