Deep Dive
1. Coinbase DEX Integration (18 August 2025)
Overview:
The TLOS/WETH liquidity pool on Aerodrome surpassed $200K TVL, driven by incentives on Base. This aligns with Coinbase’s phased DEX integration, which prioritizes tokens already on Aerodrome. While not yet live on Coinbase, the milestone strengthens Telos’ case for broader exchange adoption.
What this means:
This is bullish for TLOS as exchange accessibility could boost retail demand, though timing remains uncertain. The Aerodrome incentives (funded externally) temporarily buoy liquidity but require sustained activity to maintain momentum. (Bigsizz_DeFi)
2. Aerodrome TVL Milestone (15 August 2025)
Overview:
Telos hit $200K+ TVL on Aerodrome, a decentralized exchange on Base, marking its largest liquidity pool outside native chains. The growth follows targeted incentives for TLOS/WETH traders.
What this means:
This is neutral-to-bullish for TLOS. While TVL growth signals short-term traction, reliance on external incentives raises sustainability questions. Metrics to watch: retention post-rewards and organic volume. (HelloTelos)
3. Uniswap Incentives Report (11 August 2025)
Overview:
A Uniswap DAO report revealed Telos’ TVL fell 23% to $707K and volume dropped 56% to $36.1K in June–July 2025, despite Uniswap holding 86% DEX market share. Incentives funded by Telos achieved 97.3% payout efficiency but struggled with volatile pools.
What this means:
This is bearish for TLOS, highlighting weakening DeFi activity despite dominance. The report advises shifting from KPI-based rewards to fixed models to reduce complexity—a pivot that could stabilize liquidity if implemented. (Uniswap Governance)
Conclusion
Telos balances exchange momentum with DeFi headwinds, relying on external incentives to offset weak organic growth. While Aerodrome and Coinbase prospects offer upside, declining TVL and volume demand urgent ecosystem recalibration. Will Telos’ pivot to fixed rewards reverse its liquidity bleed?