APT Specifications

Type

COIN

Algorithm

AptosBFT

Protocol

POS

Start Date

12/10/2022

Max Supply

Circ. Supply

572,137,522

Website

Explorer

Social Media

Info

Aptos (APT) is a Layer 1 blockchain platform launched in October 2022, designed to deliver scalability, security and upgradeability for decentralized applications (dApps). Built using the Move programming language, Aptos provides fast and reliable infrastructure for developers to build smart contracts. APT is widely used for token swaps in DeFi ecosystems and is available on exchanges ensuring liquidity for users.

Market Impact

Aptos has established itself as a scalable and secure network, attracting projects focused on DeFi and Web3. Its advanced architecture supports high transaction throughput, enhancing token swaps and DeFi adoption. With its listing on major exchanges, APT has improved liquidity and continues to gain traction as a versatile digital asset.

History

Aptos was founded by Mo Shaikh and Avery Ching, former developers of Meta's Diem blockchain. After Diem's discontinuation, they leveraged their expertise to launch Aptos, addressing scalability and security limitations in blockchain technology. Its mainnet, 'Aptos Autumn,' enables decentralized applications and simplifying asset swaps across blockchain platforms.

Features

High Transaction Throughput
Aptos's parallel execution model ensures rapid and reliable token swaps, supporting scalability for decentralized applications.
Low Transaction Costs
Its affordable fee structure makes Aptos suitable for frequent exchanges and financial transactions within decentralized networks.
Smart Contract Security
Aptos leverages the Move programming language to enhance security and reliability, enabling safe asset exchanges and contract execution.

Website

Explorer

Social Media

*The indicators above, do not represent an investment advice and should not be treated as such. Please make your own research and risk assessment before exchanging your assets.