Base DEX Aerodrome raises alarm over DNS hijacking incident

Aerodrome, the leading decentralized exchange on Base blockchain, has raised an alarm about a potential DNS hijacking incident that could put user funds at risk. This security warning comes as the platform investigates suspicious activity affecting its main domain.

The Aerodrome team confirmed they’re actively investigating this potential DNS hijacking situation. They’ve taken the responsible step of warning users to avoid their main domain until the security issue is resolved completely.

Aerodrome team assures users that smart contracts remain secure

Initially, the team cautioned users to stay off the site entirely. On X, the company wrote, “We’re actively investigating a frontend compromise. Please do not access the site through any URL — primary domain or decentralized mirrors — until we confirm everything is safe.” 

Now, as the progress continues, the company has secured two decentralized mirrors, that is; aero.drome.eth.limo and aero.drome.eth.link. However, the team has stated, “centralized domains (.finance and .box) remain compromised. Please do not use either domain for now.”

The Aerodrome team has also assured its users that all smart contracts remain secure. This has calmed many users. One user said, “Front-end compromise is never good. Glad the contracts seem secure, but always double-check everything before interacting. A little extra caution goes a long way.”

However, one user on X has stated, “No idea there was an issue, and I used the site as it was working just fine some minutes before. My transaction failed and says it reverted, but I have nothing in my account currently.  Need help!”

Aerodrome major projects fail to push the price of AERO upwards

This compromise comes after Dromos Labs, the organization behind the Base-based decentralized exchange Aerodrome, announced the launch of a trading hub dubbed Aero.

Aero will merge Aerodrome’s AERO and Velodrome’s VELO into a single AERO token. The coin will “grant a right to a share of the generated yield” across the platform’s DEX ecosystem as well as serve as a home base to expand onto additional Ethereum chains.

The “central liquidity hub” Aero will first expand to the Ethereum mainnet and Circle’s stablecoin-optimized Arc blockchain, though it is also built for easy integration across the EVM stack. “The home base for Aero is on Base,” Aerodrome Foundation Executive Director Luis de la Cerda said.

“Aerodrome has been successful on Base and is excited to expand to effectively service other Ethereum networks via Aero. Just as the world came online, it is now coming onchain. Aero is at the vanguard of a financial system better, faster, and cheaper than the incumbent,” Dromos Labs CEO Alexander Cutler said.

The launch is expected in the second quarter of 2026. The allocation will preserve the current revenue split between the protocols: 5.5% of the tokens will go to existing VELO holders, and 94.5% will go to AERO holders.

Aerodrome Finance (AERO) has retraced by approximately 2%in the last 24 hours. This represents a continuation of the 21% decline from the previous week. This is unexpected following a buyback program that purchased over 155 million AERO tokens, resulting in a 17% decline in the circulating supply.

Price performance of AERO. Source: Coinmarketcap

Aerodrome Finance’s buyback program included Public Goods Fund, Project Relay, Flight School, veAERO maxi, and the token locks from claimed voting rewards.

Still, Aerodrome remains the largest DEX on the Coinbase-incubated Layer 2, Base, and top revenue-generating on-chain exchange on any blockchain. According to DeFiLlama, the protocol has earned approximately $14.2 million over the past 30 days, surpassing Pump’s $8.96 million.

Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.