Aerodrome’s cbStock Pools Enable Continuous Trading of Equities on Base
Key Takeaways
- •Aerodrome launched liquidity pools for tokenized versions of Nvidia, Apple, Meta, and Google shares on August 24.
- •Trading across the four equity pools reached about $103 million in the first days after launch, with daily peaks near $27 million.
- •Weekend prices in the pools averaged a 0.39% change and aligned closely with where traditional markets opened on Monday.
- •The tokenized stocks use a “c” suffix, are built on Coinbase’s B20 standard, and are backed 1:1 by shares held in regulated custody under Abu Dhabi Global Market regulations.
- •The service is currently available only to eligible users outside the United States, and Aerodrome’s AERO token gained about 11% after the announcement.
The stock market closes at 4 p.m. Eastern, Monday through Friday. Aerodrome, the dominant decentralized exchange on Coinbase’s Base blockchain, wants to change that.
The platform launched liquidity pools for tokenized equities on August 24, allowing traders to buy and sell versions of Nvidia, Apple, Meta, and Google shares 24 hours a day, seven days a week. Early data suggests the product is more than a novelty: stocks on Aerodrome averaged a 0.39% price change over the weekend, closely matching where traditional markets opened on Monday morning.
That detail matters. It suggests the prices forming in these pools are not random noise, but are instead reflecting real market sentiment during hours when the NYSE and Nasdaq are closed.
The numbers so far
In the first days after launch, cumulative trading volume across the four equity pools reached roughly $103 million, with daily peaks of about $27 million.
The NVDAc liquidity pool, which tracks Nvidia shares, launched with initial liquidity of around $957,000.
Following the announcement, Aerodrome’s governance token, AERO, rose about 11% to roughly $0.53.
The tokenized stocks use the “c” suffix, as in NVDAc, AAPLc, METAc, and GOOGLc, and are built on Coinbase’s B20 standard. Each token is backed 1:1 by actual shares held in regulated custody, batched under Abu Dhabi Global Market regulations.
Why 24/7 stock trading matters
Traditional equity markets operate for about 6.5 hours per day, five days a week. That leaves roughly 75% of the week outside regular trading hours, even as news continues to break and prices remain fixed.
The 0.39% average weekend price change on Aerodrome’s pools indicates that traders are using those off-hours to position themselves. Because those moves aligned with Monday’s traditional market open, the onchain price discovery appears to be functioning rather than being the result of thin-book manipulation.
One limitation is that the service is currently available only to eligible users outside the United States.
AI-powered liquidity and competitive implications
Aerodrome has also partnered with Bankr, which provides AI-driven tools designed to optimize liquidity management within these pools. That adds another layer to the rollout: if tokenized equities can maintain steady trading around the clock, then liquidity quality becomes as important as access, especially for markets that are still adapting to onchain settlement and custody structures.
