Coinbase plans to handle the token migration for one of DeFi’s more unusual corporate reunions. From November 2 to 4, 2026, the exchange will convert existing Aerodrome (AERO) and Velodrome (VELO) tokens into a new, unified AERO token. This is the exchange-side piece of a larger merger. Two decentralized exchanges built by the same team are folding into a single platform called Aero. For anyone holding either token on Coinbase, the swap should happen without their involvement. How the Coinbase migration works Coinbase announced its support for the conversion on October 1, 2026. The migration window runs three days, from November 2 through November 4. During that period, deposits and withdrawals of the legacy tokens will be paused temporarily. Coinbase won’t be sending or receiving old AERO or VELO while the conversion runs. VELO trading will be wound down in stages. It first moves to limit-only mode, where traders can place resting orders but can’t execute instantly against the book. After that, VELO trading is disabled entirely. The conversion rates are not equal, which is the part holders will care about most. AERO holders: 1 old AERO converts to 1 new AERO. VELO holders: each VE...
Coinbase will support the AERO and VELO token migration from November 2 to 4, 2026
1 week ago
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