The decentralized exchange Velodrome will launch a new DEX Aerodrome on the Base network

ChainCatcher news, according to The Block, the decentralized exchange Velodrome will launch Aerodrome on Coinbase's L2 Base network and plans to acquire a portion of liquidity and value exchange on the Base network by leveraging a DeFi incentive mechanism known as the "flywheel," similar to their operations on the OP Mainnet.

Velodrome co-founder Alexander Cutler stated, "Velodrome's dominance on the OP Mainnet is attributed to its ecosystem-native liquidity layer, which outperforms multi-chain DEXs, and our goal is to achieve the same with Aerodrome on Base."