Aerodrome Finance (AERO)

Revenue is finally starting to matter.

This table from @DefiLlama compares protocols with growing revenue over the last 30 days with their token performance across the last 30 and 90 days.

Ninety days ago, Bitcoin was trading around $65k and is down roughly 10%. In a market where crypto (and especially DeFi) has struggled, outperforming BTC is difficult.

Some familiar names in the list:

> @HyperliquidX
> @Morpho
> @maplefinance

Another interesting takeaway comes from Price-to-Fees multiples.

Perp DEXs trade at higher multiples, reflecting expectations of stronger future growth. Meanwhile, money markets and DEXs trade lower, suggesting the market expects less from them. Interesting.

Could this be an opportunity? I'm betting on DEXs, with AERO as my pick.

$AERO UPDATE 🚨

As per our previous chart request, $AERO has played out almost perfectly so far.

✅ Price pumped into our Short-Term Pump Zone as expected.

✅ After that, it moved down and entered our Dump Zone target.

At the moment, however, the chart is showing signs that there could be a little more downside before the next major move higher.
Because of that, I have slightly adjusted the setup and created a new Dump Zone range based on the latest price action.

📉 My current expectation is that $AERO may tap this updated Dump Zone before attempting another bullish move.

Nothing has changed from a long-term perspective I have simply made some minor adjustments to reflect the current market structure and improve the accuracy of the setup.

As always, be patient, manage your risk, and avoid rushing into positions.

Let's see how the market
reacts over the coming days. 👀
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