Covering seven blockchain networks, Aerodrome and Velodrome merge to launch Aero

Odaily: Aerodrome and Velodrome have announced a merger to launch onchain spot exchange Aero. Aero is live on Ethereum mainnet, Base, Robinhood Chain, Ink, OP Mainnet, Arc, and Arbitrum, with the seven networks covered collectively handling approximately $120 billion in monthly DEX trading volume. Following the merger, the AERO and VELO tokens will migrate to a new AERO token, while veAERO and veVELO will be converted to sAERO. Aero is developed by Dromos Labs, and its founder and CEO Alex Cutler stated that 100% of platform revenue will be distributed to AERO stakers.