Bollcoin reported on October 22, citing The Block, that Aerodrome and Velodrome, the two major DEXs on Base and OP Mainnet, announced a merger to launch the on-chain spot exchange Aero. Aero goes live on Ethereum mainnet, Base, Robinhood Chain, Ink, OP Mainnet, Arc, and Arbitrum, which together account for roughly $120 billion in monthly DEX trading volume. After the merger, AERO and VELO tokens will migrate to a new AERO token, and veAERO and veVELO will be converted to sAERO.