Aerodrome AERO Decentralized finance Cryptocurrency Defies Gravity Following Significant JP Morgan Action

AERO jumps 17% as the Aerodrome TVL surpasses $1 billion. JP Morgan’s JPMD on Base may elevate DeFi tokens. Currently, AERO crypto bulls are aiming for $1 and new Q2 2025 highs.

On a day when BTC and Ethereum fell, AERO, the governance coin of Aerodrome, a prominent DEX on the Base Ethereum layer-2, surged.

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Aerodrome Rises: Can AERO Cross $1 as TVL Approaches $1 Billion?

As reported by Coingecko, AERO2 (No data) bucked trading market trends, achieving a remarkable 17% increase in the last 24 hours and moving above crucial liquidation thresholds.

The AEROUSDT daily chart indicates the DEX crypto token is trading above Q2 2025 peaks. Prices may continue to rebound if they break and settle over this week’s peak of approximately $0.90.

From a technical standpoint, immediate price floor rests around $0.45, a zone of significant buying interest reflected in the candlestick setup on the daily chart.

Aerodrome presently holds a total value locked (TVL) exceeding $1 billion. With heightened activity on Base, which has become the second-largest ETH layer-2 by TVL, surpassing Optimism, Aerodrome is crucial in enabling crypto token swaps.

(Source)

The DEX has accumulated over $15 million in trading fees during the past month and more than $600,000 in just the last day.

Considering Base’s minimal transfer fees, this achievement highlights the DEX’s fundamental significance within layer-2 and Ethereum overall.

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JP Morgan Backs DeFi and Base

Faith in AERO continues to be robust, enhanced by recent integrations, positioning it among the top cryptos to purchase.

On June 18, JP Morgan revealed the launch of its USD-backed deposit crypto token, JPMD, on Base through its blockchain division, Kinexys.

JP Morgan selected @chainlink.

Utilizing CRE and CCIP, Kinexys managed to execute the first cross-chain treasury transaction, moving from JP Morgan’s private distributed record to @OndoFinance‘s public Testnet.

Remarkable precedent for Chainlink. Institutional adoption is unmistakable. pic.twitter.com/FeyDfh1ZsS

— jfab.eth (@josefabregab) May 14, 2025

This initiative endorses Base as a favored platform for institutions, providing significant momentum for AERO.

Enhanced institutional inflows might elevate TVL in both Base and Aerodrome. As a result, AERO and other DeFi tokens could potentially rise, possibly becoming the next cryptos to surge.

In a message on X, Base stated “J.P. Morgan opted for Base for sub-second, sub-cent transactions, providing institutions with near-instant settlement and real-time market fluidity. Transferring funds should occur in seconds, not days. Commercial banking is transitioning on-chain.”

Banks Reforming Settlement Layers on Public Chains

On X, the feedback was markedly positive.

One commentator observed that JP Morgan’s choice to launch JPMD on Base indicates banks “reconstructing settlement rails” on public blockchains, a major endorsement for Decentralized finance and ETH.

With U.S. regulations becoming progressively crypto-friendly, especially with the proposed GENIUS Act paving the way for a stablecoin framework, Aerodrome and other DEXes are well-positioned to draw in additional assets.

The GENIUS Act could reduce risks for DeFi, making it safer for retail investors and more accessible for institutions.

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