AERO token jumps 19% on rising TVL and trading, despite Aerodrome's Q3 losses.

Aerodrome's native token AERO surged about 19%, driven by an increase in Total Value Locked (TVL) from $247.96 million to $271.16 million and higher trading volumes. Positive trader sentiment is reflected in bullish long positions and funding rates, suggesting expectations for continued recovery. However, Aerodrome reported a significant quarterly loss of $6.78 million in Q3 2026, raising concerns about the token's valuation sustainability. While user growth remains strong, the protocol's weak earnings could pressure AERO's price if investors reassess its value.