KEY TAKEAWAYS
- Aptos has achieved a significant milestone with $1 billion in Total Value Locked (TVL) on its blockchain network, showcasing its growing influence in the DeFi space.
- The network’s DeFi ecosystem is thriving, driven by innovative projects like Amnis Finance and Aries Markets, which are reshaping financial transactions.
- Major financial institutions, including Franklin Templeton and BlackRock, are integrating with Aptos, highlighting its security and performance capabilities.
- Aptos is setting records with nearly 2 billion transactions and over 8 million active accounts, positioning itself as a key player in the future of finance.
Aptos has reached a significant milestone, achieving $1 billion in Total Value Locked (TVL) on its blockchain network. This accomplishment highlights the collaborative efforts of developers, projects, and institutions working to shape the future of finance on Aptos.
The network’s decentralized finance (DeFi) ecosystem is thriving, with increasing institutional adoption and industry-leading scalability. Aptos is redefining blockchain’s role in financial transactions, supporting use cases from stablecoins to real-world assets.
Key DeFi Projects on Aptos
The Aptos ecosystem hosts several innovative DeFi projects that are reshaping the financial landscape. Among these are Amnis Finance, the largest Move-based liquid staking protocol, and Aries Markets, the biggest DeFi protocol on Move offering a comprehensive decentralized finance platform.
Thala Labs provides a suite of interoperable trading and yield products, while Echo introduces Bitcoin liquid re-staking and yield layers on MoveVM, recently amassing $150 million in TVL. TruFin is noted for building institutional-grade Web3 primitives, such as liquid staking.
Institutional Integration and Growth
Aptos has attracted attention from major financial institutions due to its security, high performance, and cost efficiency. Franklin Templeton has chosen Aptos to host its On-Chain U.S. Government Money Fund (FOBXX), recognizing the network’s ability to meet rigorous standards.
BlackRock has expanded its USD Institutional Digital Liquidity Fund (BUIDL) to Aptos, marking it as the only non-EVM chain in its portfolio. Launched in March 2024, BUIDL is rapidly becoming the world’s largest tokenized fund by Assets Under Management (AUM).
Bitwise has launched the first Aptos Staking exchange-traded product (ETP), available on the SIX Swiss Exchange. This product is accessible to both institutional and retail investors in Europe.
Milestones and Future Prospects
Aptos has achieved multiple milestones this year, including processing nearly 2 billion transactions on its mainnet and setting top blockchain transaction records. The network now supports over 8 million active accounts, underscoring its growing user base.
With these advancements, Aptos is positioning itself as a backbone for the next era of finance. Its infrastructure supports innovative DeFi protocols and integrations by financial leaders, bridging the gap between decentralized and traditional finance.
For more information, visit the official announcement here.
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