Circle names Aerodrome the leader in USDC transfer volume
- —Aerodrome handles ~50% of USDC transfer volume on Base at peak
- —The WETH/USDC pool accounts for ~32% of adjusted USDC volume on Base
- —Total USDC transfer volume in 2026 reached tens of trillions of dollars
- —Aerodrome is a fork of Velodrome with vote-escrow tokenomics and the AERO token
Why it matters: Half of Base's stablecoin flows depend on a single protocol, so a failure or exploit at Aerodrome would hit liquidity across the entire network.
Source: Crypto Briefing