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. Every Thursday.
By The Numbers
Aptos transactions this week: 10.9M (+4.3%)
Network transactions per second (TPS): 18.1
Active users: 291.7K (-35%)
New users this week: 110.8K
Total staked APT: 908.09M (+0.2%)
Aptos total value locked (TVL): $351.5M (+2.1%)
NFT weekly sales: 19.8K (-10.8%)
The percentages and metrics are based on a 7-day timeframe from Flipside data as of May 6, unless noted otherwise.
Inside the blockchain
🌐 What happened: It’s been a little over a year since Wapal, an Aptos-focused NFT marketplace, launched on mainnet.
🌐 Why does it matter: Wapal’s mainnet, which was created by the Aptos-centric open-source contributor Mokshya Protocol, was deployed on May 3, 2023. Within 12 months, it scales to 2.88M total users with 114 total collections, the company reported. The marketplace had a volume of about $430K and 258K users across a 30-day period, according to DappRadar data.
While there’s a number of sub sectors that Aptos is scaling, its budding NFT ecosystem saw 17.4M new NFTs across the blockchain in the past year. The chain saw peaks in weekly NFT buyers and sellers earlier this year in late January and mid-March, but its overall weekly NFT sales have maintained somewhat constant with periodic bursts of activity.
The marketplace did an exclusive free mint for its birthday and it got over 42K mints, which speaks to the active users attention to the platform and overall ecosystem involvement in the NFT space.
🌐 The big picture: The Aptos NFT ecosystem has seen $2.7M in total sales volume to date. Although Aptos NFT ecosystem is smaller compared to other blockchains, as marketplaces like Wapal hit new milestones, there’s growing potential for new opportunities to emerge and gain traction onchain.
For more on Aptos NFTs, check out Flipside data analyst Cristinatinto’s stats here.
Ecosystem wins
Aptos Labs advisors team is getting bigger as Google’s David Lawee and Condé Nast’s Pam Drucker Mann join Stanford’s Dan Boneh – details here
Aptos Labs reports improvements over the past 30 days to improve the network’s end-to-end latency – co-founder Avery Ching explains why it matters
Gamified perpetual trading DEX Merkle Trade has improved its speed for submitting orders on crypto assets, thanks to Aptos infrastructure updates
The platform shared its April highlights and saw $2.3B in trading volume last month
Mercato partnered with Aptos to mint 1 million NFTs, do commemorative drop on May 14
Check out Aptos’ April highlights of new partnerships and reports
The community is makin’ Moves
NFT collection Aptomingos has driven the average NFT price on its chain to around $80 APT, a Flipside analyst shared on X
Check out this week’s top 10 NFT collections by $APT volume
The Aptos Foundation is sponsoring AngelHack’s Global Hackathon Series
Flipside launches an Aptos Grail Tournament for up to $100K in crypto prizes
Pontem Network’s Liquidswap has completed 19M swaps
By the headlines
You might have seen these Aptos-related headlines recently…
New on Aptos Learn: Revolutionize user onboarding with Keyless accounts
Teaches developers how to add Google Sign-In to apps, and preserve privacy with web2 logins
HashKey Partners Aptos Foundation to Improve Blockchain (Coinspeaker)
Liquidswap passes formal verification by MoveBit – here’s what it means (Pontem Network blog)
Join in the fun
Want to dive into the ecosystem full-time? Find the latest job postings on Aptos Foundation here.
Have a startup? List your company’s open roles on the Aptos Ecosystem Job Board
Register for the Aptos Art Night in NYC is May 13 from 6-9PM EST
Join Aptos World Tour 2024 in Vietnam: June 7-8 for GM Vietnam 2024
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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.