Welcome back to Aptos’ Weekly Overview. The best place for Aptos community members to get up to speed on the chain’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
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By The Numbers
Aptos transactions this week: 28.2M (-2.2%)
Network transactions per second (TPS): 46.4
Active users: 2.8M (-4.3%)
New users this week: 1M
Total staked APT: 889.36M (+0%)
Aptos total value locked (TVL): $1.06B (+5%)
NFT weekly sales: 8.8K (+31%)
The percentages and metrics are based on a 7-day timeframe from Flipside data as of Nov. 18, unless noted otherwise.
Inside the blockchain
🌐What happened: The Aptos Foundation announced native Stripe’s payment services, native USDC and Cross-Chain Transfer Protocol (CCTP) will launch to the Aptos network.
🌐Why does it matter: Aptos’ integration of USDC and CCTP can enable the network to secure digital dollar transactions and provide cross-chain transfers across different blockchains. Its users will gain access to over 72 cross-chain transaction avenues which can enable a multitude of capital-efficient transfers.
USDC is also the second largest stablecoin by market cap at $37.7 billion and has over $140 million in circulation on Aptos. “By bringing native USDC to Aptos, users and developers can enjoy greater security and accessibility,” the Aptos Foundation said in a blog post.
In turn, a development like this could make the onboarding process more seamless for the intersection of traditional finance (TradFi) and decentralized finance (DeFi). This would move Aptos further in its progression for an interoperable DeFi ecosystem.
Additionally, Stripe bringing its payment services to Aptos will offer an easier web2-like on-ramp experience for users and merchants. Stripe’s integration will allow businesses to convert fiat into USDC and process global payments using Aptos technology.
🌐The big picture: The integrations of native USDC, CCTP and Stripe’s payment services to the Aptos networks showcases its commitment to connecting the TradFi and DeFi sectors. It also opens up the door to users and developers who want easier accessibility to these assets and services.
Aptos wants to become a leader in DeFi interoperability and enterprise-ready blockchain solutions. The network enables fast, secure, and cost-effective global transaction options that can drive adoption of stablecoin usage across DeFi applications.
Stablecoins on Aptos have obvious use cases based on the amount of DeFi application offerings the network has to offer alone. The market cap for this digital asset is more than $262.5 million, according to DeFiLlama, showing users are already engaged with stablecoins on Aptos. With the addition of native USDC and CCTP, it could only enhance its narrative and make it more attractive for users to turn to Aptos as their network of choice.
Ecosystem wins
Shinami raised $5.65M for its Move-based developer platform, including investment from Aptos Foundation, Coinbase and Circle
Emojicoin.fun deployed its mainnet launchpad for emoji-tickered tokens
Pancake Swap shared it surpassed $1B in trading volume on the Aptos network
Echelon announced Treasury Vaults, a product that lets users earn yield and borrow power against U.S. Treasury Bonds, built for Aptos and MoveVM networks
Aries Markets released a dashboard that congregates its DeFi tools into one place
Bitwise deployed its Aptos Staking ETP to the SIX Swiss Exchange
The community is makin’ Moves
Aptos announced the winners of its ecosystem quest from the network’s two-year anniversary campaign
The team also announced the winners of its Code Collision hackathon - check them out here
X user Eli5DeFi created a thread about AI and DePIN technology on Aptos
Xangle released a dashboard for assets onchain and various Aptos metrics
By the headlines
You might have seen these Aptos-related headlines recently…
Emojicoin, Pump.fun Competitor, Goes Live on Aptos amid Meme Coin Mania (Coinspeaker)
Institutional Momentum Propels Aptos Ecosystem Forward (Aptos Blog)
Join in the fun
Want to dive into the ecosystem full-time? Find the latest job postings on Aptos Foundation here.
Spooks Labs hosted an X spaces with Joule Finance and Echo Protocol - listen back to it here
Participate in Galxe’s campaign in relation with emojicoin’s mainnet launch
Bitget hosted an X spaces that dove into Aptos’ DeFi developments
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.