Quarterly Altcoin Spotlight: Aerodrome — Base's Liquidity Hub at a Cycle-Low Multiple Eyeing Ethereum
₿ Conviction
Aerodrome owns 43% of Base trading volume, pays 100% of its fees to token lockers, and is about to expand to Ethereum and Circle’s Arc — and trades 80% below its 2024 peak. Here’s what’s happening in plain English: