Velodrome

Application

Velodrome and Aerodrome: Powering Liquidity Across the Superchain

Aug 2025

#1 ETH, BTC

#1 ETH, BTC

pools onchain in the past year

$300B+

$300B+

all-time volume across the Superchain

$450M+

$450M+

all-time rewards distributed to voters

Velodrome and Aerodrome, the world’s largest MetaDEXs, are essential trading and liquidity marketplaces for Optimism’s Superchain. Tailor-made for liquidity with secure, high-performance infrastructure, these products enable fast liquidity bootstrapping, efficient token swaps, and active participation in the onchain economy.

In 2023, the core team behind Velodrome launched Aerodrome to support the fast-growing Base ecosystem. Aerodrome has since become the dominant DEX on Base by volume, now available to millions of Coinbase users via DEX trading on the Coinbase app

The Opportunity

Velodrome was designed to be the foundational liquidity layer across the Optimism ecosystem, providing tools for chains to grow liquidity on essential assets in their DEX markets. The aim was to reach billions in trading volume while aligning incentives with the broader ecosystem. This required infrastructure capable of supporting rapid growth, multi-chain deployment, and capital-efficient trading experiences.

The Solution

Velodrome now provides liquidity infrastructure across the Superchain, using Optimism’s technology to easily scale to 10+ chains. With its integrated liquidity bootstrapping mechanisms and industry-leading features like Superswaps, Velodrome has become a foundational tool for the ecosystem.

Velodrome’s proliferation on the Superchain and Aerodrome’s presence on Base helps drive deep liquidity for critical assets, benefiting traders, protocols, and institutional participants alike.

Alex Cutler, Contributor, Aerodrome and Velodrome, said:

“Velodrome and Aerodrome are foundational tools for bootstrapping liquidity on important assets across the Superchain. We’ve reached billions in volume and are aligned on scaling the Superchain for the next generation of onchain markets.”

Results 

  • #1 ETH and #1 BTC pools onchain in the past year 

  • $300 billion+ all-time volume across the Superchain

  • $450 million+ all-time rewards distributed to voters 

Why It Matters

Velodrome and Aerodrome’s growth shows how exchanges and fintechs can build scalable, capital-efficient trading products on the OP Stack. By aligning with the Superchain’s shared incentives and infrastructure, Velodrome has extended its reach well beyond a single network, capturing trading volume and liquidity across multiple high-growth chains.

About Velodrome

Velodrome and Aerodrome are next-generation decentralized exchanges. Velodrome serves as the Superchain’s primary liquidity marketplace, delivering efficient, low-fee swaps and ensuring deep liquidity for critical assets across OP Stack chains. Aerodrome, built on the same MetaDEX model and tailored for the Base ecosystem, is the largest DEX on Base by volume. With seamless integration into the Coinbase app, Aerodrome brings efficient trading and active participation in the onchain economy to millions of Coinbase users.

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