Prime Meridian is a Digital Asset Liquidity Infrastructure (DALI) company formed to acquire and lock sAERO governance positions and return protocol earnings to its shareholders. Shares are now being offered to accredited investors under Rule 506(c) of Regulation D.
Open to accredited investors only. Verification of accredited status is required.Figures describe the Aerodrome protocol, not Prime Meridian, and come from public and third-party data (Aerodrome Foundation, DefiLlama). They are not independently verified. Past protocol distributions do not indicate future results.
Traditional exchanges earn about $60 billion a year in fees from their customers, and much of it goes to overhead. Aerodrome has no employees and no operating expenses, so it passes 100% of its fees to sAERO holders or charges customers less. Three shifts already underway could open that market to on-chain exchanges.
The MetaDEX03 upgrade takes Aerodrome from one network, Base, to Ethereum mainnet, Layer 2s and other EVM chains. Dromos Labs estimates this grows the addressable market from about $5B to $80B in total value locked, and from $55B to $200B in monthly trading volume.
+40% projected revenue · −25% projected token emissions from the upgrade's new revenue and emissions engines alone, on today's activity, before any growth from expanding to new networks. Per Dromos Labs.
As stocks, bonds and funds are issued as tokens, on-chain exchanges can compete for the business of traditional spot exchanges, not just crypto trading.
+46% trailing 30-day fees after tokenized equities launched on Base in August 2026, with just four stocks listed. Per DefiLlama.
“Tokenization… we're at the beginning of a supercycle, and it's going to take over the entire financial system.”Vlad Tenev, CEO of Robinhood, on tokenization, CNBC Squawk Box, August 2026
AI agents will increasingly buy and sell services online from one another. Those transactions need a digital way to exchange value that software can hold and move on its own, which is what on-chain assets and exchanges provide. Stablecoin transaction volume already passed $11 trillion in 2025.
“AI represents machine-native intelligence, while digital assets represent machine-native money.”BlackRock Investment Institute, The Machine-Native Economy, September 2026
Sources: DEX fees from DefiLlama, total fees generated across decentralized exchanges over the past year (about $5.25B, rounded down). Exchange revenue: TP ICAP Burton-Taylor, Exchange Global Share & Segment Sizing, 2025 ($58.9B for 2024, rounded to ~$60B). Aerodrome operating model: Aerodrome Foundation and the Prime Meridian deck. Base-to-EVM figures: Dromos Labs, "A New Horizon" (DeFiLlama and Token Terminal data). Stablecoin volume as reported from BlackRock's paper. Revenue and emissions figures are Dromos Labs projections. Fee growth from DefiLlama. Market-size estimates are third-party, not independently verified, are not forecasts for Prime Meridian, and are not guarantees of future results. Quoted individuals and firms are not affiliated with and do not endorse Prime Meridian.
Purpose-built software has out-executed legacy institutions again and again. Finance runs on trust, and a blockchain can provide it without the clearinghouse, the transfer agent or the broker.
Smart contracts settle the trade and enforce the trust. The exchange becomes software, and its owners are the people who lock its token.
Analogy framework adapted from Dromos Labs, "A New Horizon" investor presentation. Founding years are approximate and for illustration only. No named company is affiliated with Prime Meridian.
Since then, Aero’s trading volume and market share have grown even as total decentralized exchange volume has fallen.
Change in average daily trading volume (7-day average) compared with the first week, September 21–27, 2026.
Source: DefiLlama daily DEX volume data for Aero and for all DEXs, September 21 to November 10, 2026; changes and shares calculated by the Company. Figures compare the first 7 days (Sep 21–27) with the last 7 days (Nov 4–10); each includes one weekend, and share is volume-weighted over each week. Comparing Sep 21–30 with Nov 2–10 instead gives +48% for Aero and −21% for total DEX volume. The MetaDEX03 launch date (October 21) is marked for reference only; the change coincided with the launch, and this data does not show that the launch caused it. Past trading volume and market share do not predict future volume or revenue.
AERO holders lock their tokens for up to four years and receive sAERO, a transferable governance NFT. Locking turns a tradable token into a position that votes every 48 hours and earns the fees and incentives from each voting round.
The underlying AERO in an sAERO lock cannot be withdrawn early, and the secondary market for sAERO is illiquid. AERO and sAERO are volatile digital assets.
Since MetaDEX03 launched on October 21, Aero has traded more tokenized stock volume than any other decentralized exchange. In two months its share of onchain tokenized stock trading grew from 4% to 23%, so nearly $1 of every $4 now flows through Aero.
Source: Blockworks tokenized equities spot DEX volume data, as published by Aero (@aeroxyz) on X on November 3, 9 and 10, 2026. Figures are reproduced from those posts and have not been independently verified by the Company. Past volume does not predict future volume or revenue.
Any exchange can copy code. What is hard to copy is a market where liquidity providers, voters and token projects are all paid to stay. Aerodrome distributes 100% of the value it creates to the people who use and govern it.
Video is a public third-party recording from Dromos Labs. Dromos Labs and Alex Cutler are not affiliated with and do not endorse Prime Meridian, and their statements are their own views, not verified by Prime Meridian.
As of October 8, 2026, Aero had out-earned the leading onchain spot exchanges over the prior 30 days, the prior 12 months and since its launch. Aero is not stopping there. It has set its sights on the $150 trillion global equity market, taking on the biggest exchanges in the world, the NYSE and Nasdaq.
Uniswap recorded no protocol revenue on DefiLlama before December 29, 2025; until then its trading fees went entirely to liquidity providers.
Source: DefiLlama "Revenue" metric, applied the same way to all three exchanges (trading fees kept by the protocol or paid to its token holders, after liquidity providers are paid), retrieved October 8, 2026. The launch-to-date view sums daily revenue from Aerodrome's launch on August 29, 2023. Compares decentralized spot exchanges; memecoin launch venues such as PumpSwap serve a different market and are not shown. Past results do not predict future revenue. The $150 trillion figure is the value of all listed stocks worldwide at the end of 2025 (about $152 trillion), as reported by the World Federation of Exchanges on February 27, 2026. The goal of competing in that market with the NYSE and Nasdaq describes Aero’s stated ambition, not a forecast by the Company, and Aero may not achieve it. The video is a public third-party recording by Coinage; Coinage and the people in it are not affiliated with and do not endorse Prime Meridian, and their statements are their own views.
The offering is open now to accredited investors under Rule 506(c) of Regulation D. Every investor's accredited status must be verified before an investment can be accepted.
Fill in the form below. Requesting documents is free and does not commit you to invest.
Rule 506(c) requires reasonable steps to verify that you are accredited, such as a letter from your CPA, attorney or registered investment adviser, or a review of income or net worth documents.
Read the private placement memorandum, including its risk factors, and the subscription agreement.
Sign the subscription agreement and fund your investment as its instructions describe. Subscriptions are accepted at the Company's discretion.
VP and Partner, Holder Construction Company. B.A.Sc., Construction Management, Clemson University.
Accountant and HR manager with more than three decades of experience.
M.S., Nuclear Engineering, University of Tennessee, Knoxville. Founder, 40 Acres Finance. Advisor only; not a director or officer.
Team composition may change. No engagement is final until reflected in signed agreements referenced in the offering documents.
The offering is open to accredited investors. Leave your details and we will send the private placement memorandum and subscription documents, and explain how to verify your accredited status.
Rule 506(c) of Regulation D lets a company advertise a private offering publicly, as long as every purchaser is an accredited investor and the company takes reasonable steps to verify that status. The shares are not registered with the SEC.
Yes, if you are an accredited investor. Request the documents, complete verification of your accredited status, then sign the subscription agreement and fund as it instructs. Please do not send money before you have signed the subscription agreement.
Only accredited investors, as defined in SEC Rule 501(a), whose status Prime Meridian has verified. The definition is shown on the form below.
Shares in Prime Meridian Liquidity Corp, the company that acquires and locks sAERO positions. You would not hold AERO or sAERO directly. The terms, rights and risks of the shares are set out in the private placement memorandum.
AERO and sAERO are volatile digital assets, locked AERO cannot be withdrawn early, protocol upgrades may be delayed or underperform, and the regulatory treatment of digital assets may change. You could lose some or all of your investment. The shares are restricted securities: they are illiquid and subject to transfer restrictions.