The $AERO merger headline is not the useful trade. The conversion math is.
#Binance will swap 1 $VELODROME for 0.044 new AERO, while old AERO converts 1:1. That makes 0.044 × AERO the clean benchmark for VELODROME into the migration. A wider discount can reflect timing and execution risk; a premium means traders are paying above the fixed exchange value.
One detail matters: the new token is not supply-neutral. Binance says total AERO supply rises from 2.0B to 2.12B, while circulating supply rises from 1.0B to 1.07B.
Watch the relative price, not two separate charts. Binance stops VELODROME spot trading on Nov 3; Aero launches on Oct 22 at 00:00 UTC.
#Binance will swap 1 $VELODROME for 0.044 new AERO, while old AERO converts 1:1. That makes 0.044 × AERO the clean benchmark for VELODROME into the migration. A wider discount can reflect timing and execution risk; a premium means traders are paying above the fixed exchange value.
One detail matters: the new token is not supply-neutral. Binance says total AERO supply rises from 2.0B to 2.12B, while circulating supply rises from 1.0B to 1.07B.
Watch the relative price, not two separate charts. Binance stops VELODROME spot trading on Nov 3; Aero launches on Oct 22 at 00:00 UTC.