Binance to Delist VELODROME and Support AERO Token Swap
Binance will support the merger of Velodrome Finance’s VELODROME token into Aerodrome’s AERO and an associated AERO contract swap. At 11:00 UTC+8 on 3 November 2026, Binance will delist the VELODROME/USDT spot pair and cancel open orders; existing AERO spot pairs will remain available. At 11:30 UTC+8, Binance will suspend deposits and withdrawals of the old AERO token. The exchange says it will no longer support old VELODROME after the merger and will announce when deposits and withdrawals for the replacement AERO token reopen. Traders should check Binance’s migration instructions and avoid sending unsupported tokens. The change affects token access and trading availability, but does not itself indicate a change in either token’s underlying value.
Neutral
The announcement is primarily an operational change: Binance will remove the VELODROME/USDT pair, maintain existing AERO spot markets, and manage the AERO contract swap and token migration. In the short term, the delisting and deposit-withdrawal deadlines may reduce liquidity and increase volatility in VELODROME, while migration uncertainty could prompt some holders to adjust positions. AERO traders may also see temporary volatility around the contract swap. However, the notice does not provide a direct change to either token’s fundamentals or indicate a change in market demand, and continued AERO spot trading limits disruption on Binance. Over the longer term, price effects will depend more on the merger’s execution, liquidity across supported venues, and adoption of the replacement AERO token than on the exchange notice itself. On the information provided, a neutral price-impact view is most appropriate.