Up 6% on launch day? The AERO merger is behaving strangely 📈
Aerodrome and Velodrome officially merged and launched at 8 a.m. Beijing time today. The new exchange is called Aero and spans seven chains at once: Base, Ethereum mainnet, OP Mainnet, Arc, Ink, Arbitrum, and Robinhood Chain.
The key points, in a nutshell:
1. How to swap the old tokens: Swap directly for the new token at a ratio of $AERO 1:1; $VELO can be swapped for the new token at around 0.044. Self-custody users need to use the official migration portal and do it manually. Remember to claim all rewards and clear your votes first.
2. Market action: On the eve of the merger, AERO rose more than 6% to $0.86, but it still hasn’t returned to its October 16 high of 0.9368. In other words, after four straight days of declines, it has only clawed back halfway.
3. Binance’s plan: VELO futures will be suspended first on October 28, with spot trading delisted afterward. Binance users can just wait for the official automatic conversion.
4. The ambition: The team says the two platforms together account for about 17% of EVM spot trading volume, and aims to triple that figure.
My take: The merger launch is just the “wedding ceremony.” What really matters is how much trading volume it can actually capture over the next few weeks. The 6% rise ahead of the news becoming official suggests some people were betting early, but the new emission mechanism will increase token supply, so holders should be wary of dilution. New applications are also most vulnerable to technical problems on day one, and the project itself admitted that final merger fixes were still underway before launch. Treat today as an observation day. Before chasing that 6% rise, ask yourself whether you’re waiting for a pullback or betting on a smooth launch ⚠️
Data as of: 2026-10-21 05:01 UTC
Sources: KuCoin Flash News; Blockchain Reporter
For informational purposes only; not investment advice.
If you’ve got the old tokens sitting on Binance, are you going to do anything with them over the next couple of days?
#AEROmergerlaunch
Aerodrome and Velodrome officially merged and launched at 8 a.m. Beijing time today. The new exchange is called Aero and spans seven chains at once: Base, Ethereum mainnet, OP Mainnet, Arc, Ink, Arbitrum, and Robinhood Chain.
The key points, in a nutshell:
1. How to swap the old tokens: Swap directly for the new token at a ratio of $AERO 1:1; $VELO can be swapped for the new token at around 0.044. Self-custody users need to use the official migration portal and do it manually. Remember to claim all rewards and clear your votes first.
2. Market action: On the eve of the merger, AERO rose more than 6% to $0.86, but it still hasn’t returned to its October 16 high of 0.9368. In other words, after four straight days of declines, it has only clawed back halfway.
3. Binance’s plan: VELO futures will be suspended first on October 28, with spot trading delisted afterward. Binance users can just wait for the official automatic conversion.
4. The ambition: The team says the two platforms together account for about 17% of EVM spot trading volume, and aims to triple that figure.
My take: The merger launch is just the “wedding ceremony.” What really matters is how much trading volume it can actually capture over the next few weeks. The 6% rise ahead of the news becoming official suggests some people were betting early, but the new emission mechanism will increase token supply, so holders should be wary of dilution. New applications are also most vulnerable to technical problems on day one, and the project itself admitted that final merger fixes were still underway before launch. Treat today as an observation day. Before chasing that 6% rise, ask yourself whether you’re waiting for a pullback or betting on a smooth launch ⚠️
Data as of: 2026-10-21 05:01 UTC
Sources: KuCoin Flash News; Blockchain Reporter
For informational purposes only; not investment advice.
If you’ve got the old tokens sitting on Binance, are you going to do anything with them over the next couple of days?
#AEROmergerlaunch