AERO Base
loading…Aerodrome on-chain analytics — fees, candles, holder concentration, and full event-level provenance. Fee and volume figures are derived from on-chain Swap events; no aggregator middleman.
Pulse
What's happening on-chain right now — live lock flow and the headline fundamentals.
Key metrics
Recent veAERO flows
Live tail of meaningful inflows and outflows on the vote-escrow contract — the on-chain pulse of locking behaviour. Inflows (↗) are new locks or top-ups; outflows (↙) are withdrawals at lock expiry. Dust below 100 AERO filtered.
Loading veAERO flows…
Valuation
Is it cheap? Price action and the fee-based fundamental — the on-chain P/E.
AERO/USD candles
Built from raw on-chain Swap events — no aggregator middleman. 15m / 1h / 4h / 1d cadences. Switch timeframes with the buttons.
Real yield — fees by pool
Aerodrome routes 100% of pool fees to veAERO lockers, so fees are holder revenue. Priced per swap from the on-chain stream: the per-pool breakdown, the yield per locked veAERO, and the P/F multiple — the on-chain equivalent of a P/E ratio.
Loading real yield…
Supply
The ve(3,3) lock mechanics — how much AERO is locked, by whom, and when it unlocks.
veAERO unlock cliff
The locked-supply overhang: how much AERO is already past its lock expiry (free to exit at any time) versus what unlocks over the next 30 / 90 days. Derived from on-chain lock events.
Loading unlock schedule…
Holders
Who's behind it — high-confidence wallet PnL, the wallets we can't price, and live holder activity.
High-confidence wallet PnL
Realized PnL counts only positions a wallet has actually closed — sold, swapped out, or otherwise disposed to a counterparty. AERO transferred into a vote-escrow lock is treated as an open position the wallet still controls, not as a sale. The Locked AERO column shows the portion of each wallet's stack currently in vote-escrow. Cost basis is priced from the on-chain AERO/USD swap stream — no external price oracle. Wallets whose ledger cannot be reconstructed with high confidence (market-maker, treasury) are excluded rather than ranked with an estimate.
Loading leaderboard…
Excluded — market-maker & treasury wallets
Transparency: wallets whose off-DEX transfer volume is too high to reconstruct a complete cost-basis ledger are excluded from the board and surfaced here instead — a behavioural label, not a scored guess. Each is a candidate for the curated address registry.
Loading…
Provenance
Can you trust these numbers? The derivation and the full methodology.
Provenance — how this number was derived
Every fee number on this page is reconstructed from the block-level Swap event log on Base. The same scan replayed on the same window returns the same number — deterministic, audit-replayable.
- Block window
- — → —
- Event
—- Derivation
- —
- Pool contracts scanned
- —
- Source
- —
Methodology + caveats
- Fees are accrued per pool from Swap events:
amount_in × fee_bps / 10000 × usd_at_block. USD pricing is snapshotted at block timestamp, not page-load time. - Aerodrome routes 100% of protocol fees to veAERO lockers, so "fees" and "holder revenue" are the same number — unlike DEX protocols that retain a treasury rake.
- Net dilution (incentives − fees) is not included yet — until the net-yield panel ships, the annualised fee number here is gross.
- Token contract pinned at
0x940181a94a35a4569e4529a3cdfb74e38fd98631— drift would surface as a test failure before the page deploys. - Data file:
aerodrome/snapshot.json— schema versioned, refreshed every 6h by the on-chain all-pools real-yield producer (V2 + Slipstream).