Crypto
Aerodrome Launches Aero Lite DEX on Circle's Layer-1 Blockchain for Stablecoins
Aerodrome's decentralized exchange (DEX), Aero Lite, has launched on Circle's Layer-1 blockchain for stablecoins. Dubbed 'Aero', it allows users to swap tokens, provide liquidity, and earn fees natively on the Arc platform.
The exchange is designed specifically for stablecoins, with USDC as its primary gas token. This means that users can perform transactions without incurring high fees associated with Ethereum-based DEXs.
Aero supports a limited number of pairs, including Circle Wrapped BTC (cirBTC) and WETH. The platform's native token is AERO, which plays a crucial role in the exchange's operations.