aerodrome saw 90m tokens accumulated by whales in 5 days. they're locking for 4 years ahead of the velodrome merger. aerodrome controls 87% of base dex volume but the market prices it like a single-chain protocol. post-merger it becomes the liquidity layer for optimism, base, world chain, unichain. one protocol, 5+ chains, $2.1b daily volume. the animoca stake wasn't for base exposure, it was for op stack dominance.