Welcome back to the Aptos’ Biweekly Overview. In this edition, we analyze the surge in weekly network fees, Decibel’s trading volume milestone, and Confidential Aptos.
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By The Numbers
Aptos daily txns: 10.4M (+0.3%)
Network transactions per second: 214 tx/s (-2.7%)
Daily active addresses: 1.3M (+18.2%)
Aptos TVL: $274.9M (-11.4%)
Aptos stablecoin market cap: $1.79B (+3.5%)
The percentages and metrics are based on a 14-day timeframe from Token Relations data, unless noted otherwise.
Inside The Blockchain
🌐 What happened: Aptos weekly fees hit a six-month high of 47,350 APT tokens following the implementation of AIP-141, a governance proposal that raised gas fees by 10 times.
🌐 Why it matters: Gas fees are the cost users pay to execute transactions on the network. Every transaction requires validators to spend computational power, and gas fees are how that work is priced and compensated.
Under the previous fee structure, Aptos kept costs low to encourage usage and support high-volume, everyday transactions. But ultra-low fees come with a tradeoff: spam and bot activity, including wash trading, becomes easier to accomplish.
The gas fee increase was designed to price out low-value activity while keeping costs negligible for legitimate use cases.
The fee surge comes amid a larger structural shift for Aptos. The network has positioned this overhaul as a move away from inflation-funded incentives toward a model where APT's value is tied directly to network activity. On Aptos, all gas fees are permanently burned and removed from circulating supply entirely, which means higher fees translate directly to more APT being taken out of circulation.
🌐 The big picture: The fee increase is one part of a broader initiative in which Apros is reducing staking rewards to 2.6% from 5.19% annually, and a implementing a hard supply cap of 2.1 billion APT. These moves are designed to increase the aggregate amount of APT burned and removed from circulation over time.
The Ecosystem Is Makin’ Moves
Decibel’s composable trading DEX hit $1B in cumulative trading volume on March 23
Graham Rodford, co-founder and CEO of Archax, shared how it plans to launch 100 regulated securities on Aptos
Check out a synopsis of the interview here
Ryan Zega, head of structured finance at Aptos Labs, spoke on Republic’s podcast about composable trading for RWAs, and neobank integrations for Aptos
Petra has integrated with Decibel, letting users trade perpetual futures inside its wallet
Goblin Finance launched a gamified community system to reward user generated content via a monthly pool
Aptos Network Wins
Confidential assets were deployed onto Aptos’ testnet
Alin Tomescu, head of cryptography at Aptos Labs, hosted an AMA session about the new feature, what it entails and how to properly use them
Token Relations’ Aptos Dashboard shows:
Monthly transactions hit 274.8M in March, making it the third-busiest month for the network
Yield aggregator TVL hit an all-time high of $634K off the back of MoneyFi’s stablecoin booster campaign
Join In The Fun
Want to dive into the ecosystem full-time?
Find the latest job postings on Aptos
Echelon is allocating $30K worth of ELON tokens for USD1 suppliers
That’s all for now.
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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.