Aerodrome: score, security record and what it is for
75/100SCORE · BTrusted
Grade B, very good
Aerodrome is the primary decentralised exchange on Base, using the vote escrowed model to direct liquidity incentives. Base transaction costs are low enough that small swaps are viable, which is not true on Ethereum mainlet. No exploit history. It scores below the majors mainly on age, since three years in production is simply less evidence than seven.
The facts
- LIVE SINCE
- 2023
- TYPE
- AMM
- CHAINS
- Base
- SWAP FEE
- Typically 0.05 percent on stable pairs and 0.30 percent on volatile pairs.
- AUDITS
- Audited. A fork of a well studied design rather than novel code.
- WHO CAN CHANGE IT
- veAERO vote escrowed governance directing emissions to pools.
How the score breaks down
Where it is strong and where it is not
✓ Strengths
- The main liquidity venue on Base
- Base fees are cents, so small swaps make sense
- No exploit history
- Built on a design that has been in production elsewhere for years
✗ Weaknesses
- Base only
- Newer than the established names
- Emissions driven liquidity can leave as quickly as it arrived
Exploit history
No exploit of the core contracts on record.
Our read
The default on Base and a sensible one. Younger than the majors, which is the main reason it does not score higher, since time in production holding real money is the strongest security signal available.
BEFORE YOU SWAP
RISK WARNING
Crypto assets are highly volatile and largely unregulated. You can lose everything you put in.
Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation
to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.