Host John Gillen speaks with Dromos Labs co-founder and CEO Alex Cutler about Aerodrome’s role in Coinbase’s launch of tokenized Nvidia, Meta, Apple, and Alphabet shares on Base. Cutler explains why one-to-one backing, beneficial ownership, qualified custody, and support for dividends and stock splits distinguish these assets from derivatives and IOUs.
Cutler also breaks down how automated market makers let users provide liquidity and how Aerodrome’s predictive allocation model directs rewards toward markets expected to attract demand. The discussion covers Arrow’s planned role as the unified token for Aerodrome and Velodrome, with platform revenue redistributed to participants who lock the token and allocate incentives.
The conversation examines Aerodrome’s strategy for competing with Uniswap, Curve, perpetuals platforms, and traditional exchanges as it expands across Ethereum and other EVM networks. Cutler argues that maximizing rewards for liquidity providers can deepen markets, improve execution, and position onchain spot venues as a foundation for tokenized stocks, foreign exchange, and other real-world assets.