Why is Aerodrome Finance down 4.1% today?
As of 22/10/2026, 02:41 (UTC), AERO was sampled at $0.8249, -4.14% over 24 hours (Gate · USDT). For the closed-hour 24h window: AERO's move differs substantially from its BTC-based estimate; the cause is unresolved. AERO fell further than this on 7 of the past 29 days. Aerodrome moved down by more than its typical daily range, and few other tracked coins moved the same way; after comparing with Bitcoin, a large unexplained residual remains, which does not identify a cause. Perpetual funding was near zero while open interest fell. The only recent report, a publisher's account of a merger and multi-network Aero launch, points the other way and does not explain the decline.
What the reports say
- The Block reported that Aerodrome and Velodrome have merged to launch Aero across Ethereum mainnet, Base, Robinhood Chain, Ink, OP Mainnet, Arc, and Arbitrum.
Still open
- Whether the merger and Aero launch were accompanied by token unlocks, migrations or distributions that increased available supply; an official project statement or on-chain data on circulating supply would settle this.
- What drove the decline on exchanges, since falling open interest on the OKX perpetual swap could reflect either closures of long or short positions; exchange or venue positioning data would settle this.
- Whether any delisting, outflow or negative development specific to Aerodrome occurred; exchange notices and on-chain pool flow data would settle this.
- Versus Bitcoin
- -3.80% / BTC +0.50%-4.8 pts left after BTC × its hourly beta 1.95
- Versus the past month
- 7 of the past 29 days fell furtherClosed-hour 24h move -3.80%, 1.0× its prior 30-day median of 3.8%.
- 30-day range
- 16.4% below the high · 28.5% above the lowFrom hourly highs and lows on the same venue
- Other tracked coins
- 2 of 16 moved the same way2 moved the other way
- Where it traded
- Aerodrome SlipStream 19% · Binance 12% · Coinbase Exchange 11%includes on-chain pools
- Perpetual swap
- funding near zero · open interest fallingOKX perpetual swap AERO-USDT-SWAP
Computed 22/10/2026, 02:00 (UTC) from Gate · USDT hourly candles; this window and venue may differ from the live ticker above.
Written by a model from the reports linked above, checked for citations and figures.
Prices, market readings and reports are shown side by side; timing alone does not show what caused a move. Methods →
About this coin archive
How many events were tracked in the last 30 days?
1 events were received.
What is the historical hourly volatility baseline?
The 99th percentile of absolute hourly returns over the preceding 30 days is 3.93%. This is a descriptive hourly statistic, not a minute-move probability.
Gate · USDT · Context as of 22/10/2026, 02:41 (UTC)