Aerodrome Finance, the largest DEX on Base, has warned users to stay away from its website after a suspected DNS hijack turned its front end into a phishing trap. But what does it mean for AERO crypto price?

The team said on November 22, that it is investigating a “front-end compromise” linked to a DNS takeover that targeted its centralized web domains. 

The attack redirected visitors to fake versions of the site, where users were shown malicious wallet prompts meant to steal funds.

Aerodrome urged users not to open any of its URLs until the checks are complete. The team also noted that its on-chain smart contracts appear untouched, as the issue is limited to the web interface.

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How Serious Is the Front-End Compromise Affecting the Aerodrome and Velodrome?

Velodrome, a sister exchange, issued the same warning and asked its community to avoid all official domains for now.

In a note shared across industry channels, Aerodrome told users it was “actively investigating a frontend compromise” and urged them to avoid the platform. 

“Please do not access the site through any URL until we confirm everything is safe. All smart contracts appear secure,” the team said.

At first, Aerodrome directed users to alternative access routes, but it later expanded the alert and asked the community to stay off all links until the investigation is complete.

Is AERO Crypto SAFU?

AERO traded near $0.70 at press time. The token was up about +3% in the past 24 hours, with roughly $40M in volume. 

Market Cap

DNS hijacks strike the web layer, not the blockchain. They can redirect even a correctly typed domain to a fake page that asks victims for harmful signatures or wide-open token approvals.

The Block reported that both Aerodrome on Base and Velodrome on Optimism were hit by a coordinated front-end compromise, though the teams stressed that their core smart contracts stayed secure.

 A similar DNS issue affected the same protocols in late 2023.

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AERO Price Prediction: What Does the $0.60–$0.70 Support Mean for AERO’s Next Move?

Aerodrome continues to play a central role on Base. It processes heavy swap activity, and recent DeFiLlama data showed about $874M in 24-hour DEX volume and roughly $547,000 in fees. 

 Aerodrome Finance warns users after a major DNS hijack compromised its front end while AERO trades near support.
(Source: DefiLlama)

These numbers explain why even non-contract incidents can unsettle users and move markets.

By press time, Aerodrome and Velodrome said their investigations were still underway and pointed to centralized domain providers as part of the review. 

A now-deleted update mentioned direct outreach to the registrar. Users who landed on spoofed pages usually respond by revoking recent approvals and updating their credentials to limit any risk.

Until Aerodrome publishes a full post-mortem and proves the affected domains are clean, two things matter most: the magnitude of user losses and how quickly the team can secure DNS and front-end security without cutting off access to the exchange.

On the chart, AERO is shaping a wide correction after its early-2024 breakout. The analyst sees a five-wave drop from the second major peak already finished. 

Swing highs sit at “0, 2, and 4,” while lows line up at “1, 3, and 5.” The latest low formed near $0.60–$0.70, a zone that matches older support.

 Aerodrome Finance warns users after a major DNS hijack compromised its front end while AERO trades near support.
(Source: X)

Volume jumps show up around key turning points. Daily RSI is in the mid-30s, which points to weaker momentum, but not a clear oversold wipeout yet. 

From this base, the projection draws a sharp move higher into double-digit prices, but only if a new impulse cycle starts.

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jrmiller
jrmiller

Jonathan R. Miller is a junior writer based in Columbus, Ohio, with a growing focus on blockchain technology, digital assets, and fintech innovation. With a background in economics and communications, Jonathan began covering cryptocurrency in 2022 through freelance research projects... Read More

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