Coinbase supports AERO and VELO token migration November 2-4
Aerodrome Finance (AERO)
Cryptobriefing.com reports that Coinbase will support the migration of Aerodrome and Velodrome holdings into a unified AERO token from November 2 to 4, 2026. The exchange will convert legacy tokens into the new AERO at no cost as the two decentralized exchanges merge under the Aero brand. During this window, deposits and withdrawals of the legacy tokens will be paused temporarily.
VELO trading will first enter limit-only mode before being disabled entirely. Holders of Aerodrome will receive approximately 94.5% of the new supply, while Velodrome holders receive 5.5%. This allocation reflects revenue generated over the 52 weeks prior to the merger announcement.
Aerodrome produced $260 million in revenue compared to Velodrome’s $15 million. The unified platform targets an October 21, 2026, launch across Base, Optimism, and Ethereum mainnet. Following the merger news in late September, AERO climbed 25.5% to $0.89 and VELO jumped 22.1% to $0.038. The conversion rate for VELO is approximately 0.044 per token.
How the market reacted
Whalio's own Binance spot order flow for AERO, measured when this story was written up on 1 October 2026. Not the outlet's figures.
Whalio data shows AERO trading at $0.8241 with a 1-hour buy ratio of 61.0% and a 4-hour buy ratio of 61.5%. These short-term readings are higher than the 24-hour buy ratio of 52.9%, indicating that buying pressure is building in the immediate term. The 1-hour volume delta is positive at $38,278, while the 4-hour delta is +$243,625, showing active accumulation. The 24-hour volume delta stands at +$292,476 with a CVD of +$789,015. This flow indicates that buyers are consistently absorbing sell orders over the last day. Spot volume reached $4,976,334 with 32,679 trades in 24 hours. Net buying occurred for 20 of the last 24 hours.
The latest daily buy ratio of 52.9% sits at the 69th percentile of the last 91 days, against a median of 50.2% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for AERO, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 56.6%, compared to the 24-hour ratio of 52.9%. This represents a -3.6 point drop from the weekly average, suggesting a slight cooling of buying intensity. Volume was 0.60x the average, indicating lower activity than usual. Despite this, the coin saw net buying for 7 of the last 7 days. The 8-day price change was +24.3% with a total volume delta of +$7,920,368. This is an unusual day for the coin given the sustained weekly buying despite lower relative volume.