Optimism
AMM Consolidation in Layer‑2: Lessons from the Aerodrome‑Velodrome Merger
The Aerodrome‑Velodrome merger into Aero is a watershed for AMM consolidation across Base and Optimism. This feature examines the strategic rationale, benefits for liquidity aggregation and cross‑chain routing, UX and incentive tradeoffs, and competitive implications for Uniswap and other DEXs.