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: 50.2M (+38.2%)
Network transactions per second (TPS): 83
Active users: 7.4M (+30.6%)
New users this week: 3.7M
Total staked APT: 877.9M (0%)
Aptos total value locked (TVL): $823.5M (-15.2%)
NFT weekly sales: 879 (-15.8%)
The percentages and metrics are based on a 7-day timeframe from Flipside data as of Feb. 3, 2025 unless noted otherwise.
Inside the blockchain
🌐What happened: Aptos Labs announced Shardines, its new execution model that allows for “infinite horizontal scalability.”
🌐Why does it matter: This new execution mechanism allows for the network to unlock a million transactions per second (TPS) for “non-conflicting transactions,” or ones that aren’t interacting with each other. For “conflicting transactions,” it can reach half of that amount at over 500,000 TPS. That's because conflicting workloads are often dApps that manage various use cases like gaming, finance, social networks and supply-chains.
This is opening the door to a lot of throughput and opportunities for dApps and builders on its network and alleviates congestion worries. This strategy aims to mitigate impacts on the network and create higher performance.
“With Shardines, we tackle one of blockchain's toughest challenges—scaling execution, a CPU-bound process that ultimately requires multiple machines,” Aptos Labs said in a post. From a technical standpoint, Shardines decouples executions, which means each component – from storage to consensus – can scale independently and expand throughput.
“This milestone is not the end but a critical step forward, showcasing a blockchain architecture ready to support global-scale applications and the evolving demands of Web3,” the team stated.
🌐The big picture: Scalability has been a constraint for many blockchains. As more use cases, users and workloads come online, blockchains often become constrained.
“A shared state on Aptos now reaches massive scalability no one thought possible,” Aptos Labs CEO Avery Ching said on X. This is 15 times greater than other sharding solutions, he added. “This means that composability at scale is a reality. Internet-scale blockchain is a reality.”
This engine can help the network and builders unlock more applications across a number of use cases like onchain global markets, scaled DeFi and digital economies, Aptos Labs stated. Additionally, it opens the path to over 10 million TPS in the future, Ching said. “It’s just inevitable.”
For a breakdown on Shardines design, check out the diagram below.
Ecosystem wins
Liquidswap, an Aptos DEX, hit $2.2 billion in trading volume
Swaps on Aptos are growing, with daily swaps up 263% in three days to 400K
More users are bridging to Aptos, with 12K users in the past year, data from Flipside Analyst Cristinatinto showed
Amnis Finance, a DeFi aggregator on Aptos, hit a new TVL high for APT tokens at 28.2M (shown below)
The community is makin’ Moves
Listen in to Yapt’s second episode, diving into AI on Aptos
And check out Wapal’s X space on AI on the network
Aptos-backed Move AI Hackathon by Metamove is coming soon
Kofi, a liquid staking platform, is coming to Aptos and providing boosted yields on top of staking rewards
Check out Aptos’ ecosystem spotlight highlighting Merkle Trade, which has expanded to over $17B in trading volume and 170K users globally
Join in the fun
Want to dive into the ecosystem full-time? Find the latest job postings on Aptos Foundation here.
Listen to Echelon’s Townhall on Feb 6 at 12PM PST
Have a startup? List your company’s open roles on the Aptos Ecosystem Job Board
In NYC? Attend the Aptos x Refraction event on Feb. 13
Curious about which projects are rising stars on Aptos? This X space dives into the network’s latest accelerators
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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.