Coinbase AERO Migration Is Coming: Check Key Dates and Trading Changes

Coinbase Migration News: How AERO and VELO Will Convert in November?

Coinbase has announced it will support the token swap of Aerodrome Finance (AERO) and Velodrome Finance (VELO) into one new unified token. The conversion window runs from November 2-4, 2026. 

This Coinbase migration news matters because the two tokens convert at different rates. Trading and transfers will also change during the window. Here is what exchange users should know.

At a Glance

• The conversion window runs from November 2-4, 2026

• Each Aerodrome token converts to 1 new token

• Each VELO converts to about 0.044 of the new token

• The exchange charges no conversion fees

• Trading of the Aerodrome token is not expected to be impacted

• Velodrome trading will be disabled on November 2, 2026

• Deposits and withdrawals are temporarily suspended for both legacy tokens

What Is the Coinbase AERO and VELO Token Migration?

Aerodrome and Velodrome are decentralized exchanges built by the same team, Dromos Labs. They are merging into a single unified platform. The project first announced the plan on November 12, 2025.

The merger replaces two tokens with one new token. The exchange will convert eligible customer balances automatically. Most users will not need to take any action.

Source: Official X Post

AERO vs. VELO Conversion Rates: How Much Will Holders Receive?

Existing holders of the Aerodrome token get a simple 1:1 swap. If you hold 100 tokens, you receive 100 new tokens.

Holders of the Velodrome token receive about 0.044 new tokens for each one. For example, 1,000 Velodrome tokens would convert to roughly 44 new tokens. Check your balance and do the math before the swap begins.

The split follows protocol revenue over the 52 weeks before the merger news. Aerodrome earned about $260 million in that period, and Velodrome earned about $15 million. As a result, Aerodrome holders receive about 94.5% of the new supply and Velodrome holders get 5.5%.

Coinbase AERO and VELO Migration Details

Coinbase Migration Timeline: Important Dates for Traders

Aero Launch and Coinbase Migration Schedule

1. October 21, 2026: The platform launches at 8:00 PM EDT (October 22 at 00:00 UTC).

2. Before November 2, 2026: Users who want to opt out of automatic conversion must move tokens to a compatible self-custody wallet.

3. November 2, 2026: Velodrome trading is disabled and the conversion window begins.

4. November 2-4, 2026: The exchange suspends deposits and withdrawals of both legacy token while it converts balances.

5. After the swap: Support ends for deposits and withdrawals of the legacy Aerodrome token.

The platform launch is separate from the exchange conversion. The launch comes first, and the conversion follows.

Source: Official Blog Post

What Happens to AERO and VELO Trading, Deposits, and Withdrawals?

Coinbase says sends and receives of both tokens will be temporarily disabled from November 2-4. Please avoid depositing or transferring either token during this time.

Velodrome order books have already moved to limit-only mode. That means you can place resting orders, but you cannot execute instantly against the book. Trading is then disabled on November 2. The exchange says Aerodrome trading will not be impacted.

After the swap, do not send the legacy Aerodrome token to your Coinbase deposit address. Those deposits may not be recoverable.

Can Coinbase Users Opt Out of the Automatic AERO Conversion?

Yes. Send your tokens to a compatible self-custody wallet before November 2, 2026. Confirm that the wallet supports the token and network first.

Self-custody holders may need to follow a separate process through the project. Read the official guide on the project website before you act. Tax consequences may apply, and the rules depend on where you live.

What Does the Aero Merger Mean for DeFi Users?

The platform aims to be a unified liquidity layer across Ethereum networks. It will launch on seven chains: Base, Ethereum Mainnet, Robinhood Chain, Arc, OP Mainnet, Arbitrum, and Ink. The team says the chains Aerodrome and Velodrome now account for roughly 17% of EVM spot trading volume, and the launch aims to roughly triple that.

Planned features include cross-chain Metaswaps, Slipstream concentrated liquidity pools, Dynamic Fees, and Predictive Allocation. Staking holders will direct rewards across the network.

Market reaction has been strong. After the merger news in late September 2026, the Aerodrome token rose 25.5% to $0.89. The Velodrome token gained 22.1% and touched $0.038 intraday. Launch plans and features do not guarantee future prices, volume, or returns.

Source: Blog

What Should AERO and VELO Holders Do Before November 2?

• Check your balances and the conversion rate that applies to you

• Read the exchange's official notices and trading limits

• Do not send legacy tokens during the suspension window

• If you plan to opt out, move your token before the deadline

• Never send the legacy Aerodrome token to the exchange after support ends

• Keep transaction records and ask a qualified tax professional if needed

Conclusion

The window runs November 2-4, 2026. AERO converts 1:1, Velodrome tokens convert at about 0.044, and no fees apply. Transfers pause during the window, and Velodrome trading ends on November 2. Keep the October 21 platform launch separate from the later exchange conversion. Follow official updates before you move or trade the token, since details may change.

YMYL Disclaimer: This article is for informational purposes only and does not constitute financial, investment, or tax advice. Cryptocurrency assets are volatile, and token migrations may involve operational and tax considerations. Verify details through official Coinbase and Aero announcements before making financial decisions.