Coinbase to Support AERO and VELO Token Migration

Coinbase will facilitate the migration of Aerodrome (AERO) and Velodrome (VELO) tokens into a unified AERO token from November 2 to November 4, 2026. During this period, deposits and withdrawals will be paused, and VELO trading will be phased out. Existing AERO tokens will convert at a 1:1 ratio, while VELO tokens will convert at approximately 0.044 new AERO per token. The migration follows the merger of the two decentralized exchanges, with 94.5% of the new supply allocated to Aerodrome holders and 5.5% to Velodrome holders based on protocol revenue.