Aerodrome and Velodrome said they will merge into Aero, spanning Base, Ethereum, and OP among chains, and plan to replace weekly voting with a new mechanism, introduce dynamic fees, and impose a MEV tax.
Solana ecosystem DEX Orca and lending protocol Loopscale announced a merger, with the new entity named Formation. The parties will integrate trading, lending, and investment vault operations and expand into multiple capital-intensive sectors.