Aerodrome Finance news today is focused on the quality of activity behind a surge in USDC transfers on Base, after analysis published on September 23, 2026, attributed approximately $109 billion of $121 billion in daily USDC transfers to liquidity-farming activity on Aerodrome. The analysis, highlighted by Pluang and originally attributed to Crypto.news, said the activity involved “one-tick farming”—repeated movements of tokens within liquidity pools that can increase on-chain transfer counts without representing conventional payments or organic settlement demand. The finding adds an important qualification to interpretations of stablecoin activity on Base, where raw transfer volume can include substantial automated or incentive-driven flows.