Aerodrome Finance (AERO) surged on Thursday, bucking the trend against the broader crypto market, where sentiment remains impeded by geopolitical tension.
The decentralized exchange (DEX) serves as Base’s principal trading platform and liquidity hub. It redirects fees to users who lock their AERO tokens for a period.
Coinbase App Integrates Aerodrome, AERO Jumps 35%
The surge came after confirmation of a major new integration of Base chain DEX services directly into its main app, spotlighting Aerodrome as a core player.
The official Base Chinese account announced on X (Twitter) that the Coinbase APP will provide users with DEX services on the Base chain. It referenced an update from Aerodrome Finance about the integration.
The news sparked a swift reaction in the market. AERO’s price initially jumped nearly 35%, before cooling off with a 15% pullback.
Despite the correction, AERO outperformed most top-100 assets during Thursday’s market session, as crypto markets bear the brunt of geopolitical tension. AERO remains over 13% up, trading at $0.6226 at press time.
Aerodrome, launched in 2023, has grown into the second-largest decentralized exchange on the Base network by market share.
According to DeFiLlama, it currently holds nearly $950 million in total value locked (TVL) and boasts an average daily trading volume exceeding $500 million.
Coinbase Brings Base DEX Access to Millions
The integration is a significant milestone for Aerodrome and the Base ecosystem. Coinbase’s decision to embed a Base DEX access into its app reflects its push to bridge centralized UX (user experience) with decentralized infrastructure. This aligns with its broader “on-chain summer” vision.
The move is expected to drastically expand Aerodrome’s exposure to a mainstream audience of millions of Coinbase exchange users.
The partnership could reshape user expectations around on-chain trading accessibility. By routing DEX liquidity through Aerodrome within the Coinbase interface, users can access deep liquidity and low slippage on Base without leaving the app.
The development also strengthens Base’s position in the Layer-2 (L2) scaling race. As Coinbase’s Ethereum L2, Base has recently seen growing traction among developers and DeFi protocols looking for cost-effective, high-speed settlement options.
Aerodrome’s dominance on Base puts it in a strategic position as institutional and retail adoption of L2 chains accelerates.
While short-term price volatility around AERO may persist, the deeper narrative centers on infrastructure convergence. In this case, a major centralized exchange integrates seamless DEX functionality.
For Aerodrome, it could be the breakout moment that cements its role as a foundational layer in the new wave of user-facing, on-chain financial services.
Meanwhile, it is also worth noting that Aerodrome faces stiff competition within Base from Morpho, which has displaced it to become the largest DEX on Base by market share.
Data on DefiLlama shows Morpho’s TVL of $1.032 billion, higher than Aerodrome’s. The Morpho protocol boosts lending efficiency by directly matching liquidity, improving interest rates.
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