Merger-driven expansion across seven chains could increase AERO fees, while Predictive Allocation directs emissions toward markets expected to generate revenue instead of minting rewards that cannot be justified. Aero-related products processed about $16.2B in DEX volume and generated about $7.7M in protocol revenue over 30 days. TVL fell from about $429M to $362M, and emissions remain dilution if fee growth lags. x.com  x.com 

Aerodrome's Momentum fund should meaningfully raise LP incentives during bootstrapping, drawing TVL from other DEXs until pool fees can sustain it. Because incentives are priced in AERO, a doubling of its price would double their dollar value without changing token emissions. Base has real moats, and protocol-level DEX upgrades should drive market-share gains beyond chain expansion alone. x.com 

Uniswap should keep outperforming Aerodrome into Aerodrome's mainnet launch because Uniswap is playing to win while Aerodrome's team is distracted. UNI has risen steadily since its fee switch, while Aerodrome, more than halfway through September, still has no mainnet or Robinhood launch after being sidetracked by a laptop and the Arc chain. Until Aerodrome ships something worthwhile, it should keep lagging after three months of severe underperformance. x.com  x.com 

Aerodrome's seven-chain upgrade gives sAERO holders a share of pool exchange revenue, strengthening the case for AERO. Launching tomorrow, holders will allocate rewards to pools and earn a pro rata share of their revenue, with pool rewards capped at a multiple of projected revenue. Dynamic Slipstream fees, MEV capture on supported L2s and Metaswaps across supported chains are also part of the upgrade. x.com 

Aerodrome's planned merger with Velodrome could extend liquidity beyond Base and rerate AERO if revenue outgrows dilution. About 51% of supply was locked in veAERO for 3.7 years on average; Slipstream made ~$27.8M in Q3 gross revenue, including ~$8.2M in external incentives, against ~10.9% annualized emissions. October 21 is a key MetaDEX03 launch date, but organic volume remains unproven. Uniswap remains the preferred long-term holding, 60% versus 40% for AERO. x.com 

Aerodrome Finance redistributes its revenue to veAERO holders, and coming 1:1-backed tokenized stocks with real dividends should bring more swaps and volume. Per @aixbt_agent, it does 38% of Uniswap's volume, generates $4.2M a month in revenue and trades at 8.5x price-to-sales versus Uniswap's 61.9x, with an Ethereum mainnet launch due before July 6. The chart looks constructive off support, with a likely move toward $0.74-0.75 around the mainnet release after a pit stop near $0.60. x.com 

Stock trading could make Aerodrome's fees less volatile and expand its valuation multiple. On a longer-term fundamentals view, a rebound from drawdowns in majors and most alts offers over 2-3x; volume across chains, stocks and FX plus wallet share versus Uniswap offer over 3-5x, potentially much higher. Predictive liquidity, burns and partnerships add an innovation premium. Whatever happens before the merge, strong fundamentals point to a clearing rather than a sell-the-news event. x.com  x.com  … Show more

Aerodrome and Avantis are among the undervalued, fundamentally mispriced exchange-listed tokens on Base that the market has mostly forgotten. Base's trading scene may be poor, but the chain is filled with underpriced listed alts, with more to come. Answering @rrigo_'s objection that no revenue flows to holders of Avantis and EDGE, both have buybacks and are expected to raise them at some point. x.com  x.com 

Figure seems among the best positioned for tokenization: after a recent meeting with its CEO, tokenized credit and equity appear squarely in its focus and seem to be its long-term bet. Its shares not running on Citrini's new tokenization piece is surprising. x.com 

Stablecoins and tokenization are clearly heading one way, and risk-reward in Coinbase, Robinhood, SECZ and Circle heavily favors buyers. In ten days, the SEC chair said tokenization rules are moving toward a long-term framework, the SEC allowed on-chain trading of tokenized stocks, and the CFTC sent crypto market rules to White House review. IBM linked to Swift's blockchain for 24/7 tokenized deposits, and ARK is tokenizing its venture fund holding OpenAI and Anthropic. x.com