Velodrome merges communities ahead of Aero launch as Binance plans to end VELO trading

  • Velodrome announced a community merger with Aerodrome ahead of Aero’s launch.
  • VELO trading on Binance is planned to end this week.
  • The Aero public audit competition is expected to conclude on September 21.

Velodrome, a decentralized finance (DeFi) protocol and OP Mainnet-based decentralized exchange, is merging its community operations with Aerodrome, a Base-based DEX, ahead of the planned launch of Aero. From September 10, the @VelodromeFi X account will become less active, with news and announcements mainly moving to @aeroxyz. Velodrome’s Discord server will be streamlined to essential channels, while all community activity will shift to Aerodrome’s existing Discord server. The transition is expected to affect VELO, whose trading on Binance is planned to end this week. Aero’s public audit competition is expected to conclude on September 21. VELO showed sharp volatility after the announcement, briefly falling from about $0.0268 to $0.0252 on Binance before recovering to around $0.0265.

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