Aerodrome Rebalancer

Strategy ended · Oct 22, 2026 · Aerodrome → Aero migration

Aerodrome and Velodrome merged into Aero at 00:00 UTC on Oct 22, 2026, and every legacy gauge was deactivated, ending AERO emissions. All three rebalancers were unstaked, the liquidity was withdrawn, the accumulated AERO was upgraded 1:1 to the new AERO, and the rebalancer modules were detached from the Safes. Figures below are frozen at the last snapshot before the exit.

Deployed
$25,455
Final value
$39,542
HODL baseline
$26,102
Δ vs HODL
+$13,441 (51.5%)
AERO earned
+$35,459
LP drag (IL + rebalancing)
−$22,019
Gas
$92
Transactions
4,161
VaultDeployedFinalHODLΔ vs HODLAERO earnedLP dragDaysBreakeven AERO
mykclawd$9,192$14,455$9,471+$4,983+$13,709−$8,725180$0.52
wishlist.holiday$8,705$13,478$8,879+$4,599+$10,744−$6,145187$0.46
yield.myk.eth$7,558$11,610$7,752+$3,858+$11,007−$7,148166$0.53

The strategy beat holding by converting LP value into AERO rewards, so most of the final value is AERO, valued at $0.810 at the final snapshot. The edge over HODL holds as long as AERO stays above roughly $0.50 (all three vaults combined).

Strategy value
$14,454.52
from $9,192.38 deployed
HODL baseline
$9,471.29
if you'd just held the same tokens
Δ vs HODL
+$4,983.23
+52.61% in 179.86d· ~136% APR
Gas paid
$40.45
1766 txs · 0.01683823 ETH
LP health
Net benefit
+$4,983.23(+54.21%)
Coverage ratio
1.57x
AERO rewards
+$13,708.55
LP drag (IL)
-$8,725.32
Rewards winning· exit if coverage < 0.3x or net benefit < −5% of start
Performance over time (262 live · 98 estimated)

Shaded span is backfilled daily estimates: HODL is exact, strategy assumes zero LP drag (IL). Live snapshots start after it.

Δ vs HODL over time

Currently +$4,983.23 vs holding

Where the money is now
Strategy vs HODL
Decomposing Δ vs HODL
AERO price

$0.4357 (-25.8% 60d)

AERO rewards added +$13708.55; the LP itself produced $-8725.32 relative to holding the same tokens (impermanent loss + rebalance slippage).

Active LP position (WETH/cbBTC)
Token ID#8875940
Range (ticks)[-265570, -265540]
Width30 ticks (~0.30%)
Current tick-265563IN RANGE
WETH in position0.236987 ($569.29)
cbBTC in position0.00214141 ($175.31)
Pending AERO2.8361 ($2.30)
Liquidity (L)354,125,932,774,827
External capital inflows during window
When (local)TokenAmountFrom
2026-05-06 15:28 UTCWETH1.000746670x4e1d2d808c5b8bbfdfefcb4a46151483eba6aebd
Window: 2026-04-25 14:44 UTC → 2026-09-18 11:45 UTC (179.86 days) · Pool: 0x42d4a22cad0f5a49681a5715ce994af73a43b76b · Gauge: 0x61e0b10423a0009c3f83ab4313813d29437d0817