Aerodrome

Base liquidity directed by AERO votes

Aerodrome is Base’s trading and liquidity marketplace. It combines wallet-connected token swaps and pools with a vote-directed incentive market, making it Base infrastructure rather than a general DEX across unrelated chains.

Users who lock AERO receive an NFT voting position. Votes direct token emissions toward pools, and pools or projects can offer incentives to voters. That ties locking, governance, and liquidity allocation together: a pool seeking depth can compete for votes rather than relying on one fixed reward schedule.

A Base choice for traders, LPs, and voters

Traders use Base pools for swaps, while providers supply the liquidity that earns trading fees and emissions. The vote market creates an additional role for lockers and projects, but requires more attention to cycles, incentives, and pool choices than a normal swap.

Aerodrome combines Base swaps and pools with AERO locking and vote-directed emissions. Uniswap on Base is the direct pool and concentrated-liquidity comparator, while THENA uses a related incentive pattern on BNB Chain and opBNB. Curve remains more specialized for stable and correlated assets across EVM networks.