On-Chain Execution Data

Aerodrome vs Velodrome

Neutral on-chain benchmarking of slippage, revert rates, and overall execution quality.

Bottom line

ClearTrace does not rank these two on slippage. There is no chain where both are benchmarked — Aerodrome's figure is measured on Base and Velodrome's on Optimism — so the two scores describe different markets and neither can be set against the other. Aerodrome scores 91.0 out of 100 over 1,316,417 benchmarked transactions on Base and Velodrome 89.5 over 195,119 on Optimism; read them separately, not as a ranking. (data as of September 29, 2026)

Protocol Scorecard

ClearTrace on-chain execution benchmark: Aerodrome vs Velodrome (data as of September 29, 2026). ClearTrace does not rank these two on slippage. There is no chain where both are benchmarked — Aerodrome's figure is measured on Base and Velodrome's on Optimism — so the two scores describe different markets and neither can be set against the other. A higher slippage score means lower realized slippage; a lower revert rate is better.
Aerodrome Velodrome
Slippage Score (0-100) 91.0
Base
89.5
Optimism
Trades Analyzed
Base / Optimism
1,316,417 195,119

Aerodrome and Velodrome are both decentralized exchanges (AMMs), where trades execute directly against on-chain liquidity pools. The comparison comes down to pool depth, fee tiers, and how exposed each venue's order flow is to MEV such as sandwich attacks.

Across the flow ClearTrace benchmarked, Aerodrome posted a slippage score of 91.0/100 versus 89.5/100 for Velodrome; the two are not ranked against each other here, for the reason given below. Aerodrome's figure is measured on Base and Velodrome's on Optimism. The score reflects realized slippage only, derived from median slippage versus a minute-level off-chain reference price (Dune prices.usd, an interpolated 5-minute exchange-aggregate feed and not a VWAP), where a higher number means lower slippage. The median is taken over individual fills, while the counts below are distinct transactions, and one transaction can contain several fills. MEV exposure and revert rates are tracked as separate metrics. Aerodrome was measured over 1,316,417 benchmarked transactions (100% of its benchmarked flow) and Velodrome over 195,119 benchmarked transactions (100% of its benchmarked flow).

The sample sizes differ substantially (Aerodrome: 1,316,417 transactions; Velodrome: 195,119), so Velodrome's score reflects a narrower slice of activity and may move as more volume is observed.

ClearTrace does not rank these two on slippage. There is no chain where both are benchmarked — Aerodrome's figure is measured on Base and Velodrome's on Optimism — so the two scores describe different markets and neither can be set against the other. A slippage score is a property of a venue on a chain, not of the venue alone: liquidity depth, fee tiers, block times and MEV conditions all differ between chains, so a figure measured on Base and one measured on Optimism are not two readings of the same thing. Both figures stay published — each is a fair read of that venue where it trades — and neither is evidence about the other. See our methodology.

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Frequently Asked Questions

Which has better execution quality, Aerodrome or Velodrome?

ClearTrace does not rank these two on slippage. There is no chain where both are benchmarked — Aerodrome's figure is measured on Base and Velodrome's on Optimism — so the two scores describe different markets and neither can be set against the other. Aerodrome scored 91.0/100 on Base and Velodrome 89.5/100 on Optimism, but those are not comparable on this metric.

Does Aerodrome or Velodrome offer better MEV protection?

ClearTrace publishes a slippage-based score and per-aggregator revert rates, not a per-aggregator MEV-protection score. On slippage the two are not comparable here: Aerodrome's ~9.0 bps is measured on Base and Velodrome's ~10.5 bps on Optimism, so they describe different markets. For MEV specifically, the dashboard surfaces detected sandwich activity as a separate metric.

Is Aerodrome or Velodrome better for large trades?

For large orders, the venue with deeper liquidity for your pair usually wins on price impact. Both Aerodrome and Velodrome are AMMs, so compare pool depth for your token pair; the live dashboard tracks current execution quality.