#Aerodrome , a DEX on #Coinbase 's Layer 2 network, #Base , has reached over $1 billion in deposits, dominating the DeFi space on Base.
The platform, launched by the creators of Velodrome, allows users to deposit liquidity into pools and earn rewards through trading fees and emissions. Aerodrome's rapid growth has contributed significantly to the total value locked (TVL) on the Base network, reinforcing its position as a key player in the DeFi ecosystem.
