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Aerodrome's Killer Year

The Base 'MetaDEX' is one of the fastest-growing protocols this year.
Aerodrome's Killer Year
Jack Inabinet Jack Inabinet
Oct 29, 2024 • 3 min read
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Aerodrome is undeniably special.

From day one, this “MetaDEX” has ranked as one of the most popular applications on the Base L2. The Protocol currently custodies $1.3B in TVL (50% of all Base smart contract deposits), and its AERO token has been a top-performing DeFi asset this fall – up 125% since the start of September.

While Aerodrome’s TVL had been holding steady around $5ooM before parabolically exploding in early September, this lack of growth became a major hindrance for AERO price, and the token was trading 80% below all-time highs before rebounding in the September bull sprint.

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Jack Inabinet

Written by Jack Inabinet

932 Articles • View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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