Welcome back to the Aptos’ Biweekly 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

The percentages and metrics are based on a 14-day timeframe, unless noted otherwise.

Inside The Blockchain

🌐 What happened: Aptos-powered perpetual futures and margin trading protocol, Decibel, is planning to launch its own stablecoin, usDCBL. The stablecoin is meant to be used as collateral so users can continue to see returns from their deposits.

🌐 Why it matters: Like other stablecoins, usDCBL is fully backed 1:1 by U.S. dollars held in cash and short-term Treasuries. 

But with 394 stablecoins currently in circulation, why launch a new one? Typically, the economic benefits generated by stablecoin collateral go to third-party issuers. Decibel claims usDCBL is designed to keep that value within the protocol by making sure the exchange happens within the system.

Under the new system, any user-authorized USDC deposited into Decibel will be converted into usDCBL automatically. The balance will remain dollar-denominated, but the economic value and other financial benefits generated by the collateralized stablecoin will stay within the Decibel protocol. 

This means Decibel can apply retained value toward maintaining competitive trading fees, without relying solely on fees or incentives as primary revenue drivers. In addition, usDCBL would be used for reinvestment into ecosystem growth, thus creating flexibility for future token-aligned mechanisms, including the potential for buybacks.

🌐 The big picture: Decibel’s launch of usDCBL comes as stablecoins on Aptos reach new highs. On February 14, the network’s stablecoin market cap hit an all-time high of $1.93 billion, supported by demand for USDT, USDC, USDE and USD1.

Unlike other stablecoins on Aptos, usDCBL is protocol-native, meaning it can be used to power trading, liquidity, and future financial products while retaining the economic value generated onchain.

The Ecosystem Is Makin’ Moves 

  • Fliq now lets users add funds directly inside its prediction markets app, instead of having to transfer money from a third-party wallet 

  • Petra has updated its Aptos wallet with new features: smart alerts when sending funds to addresses with little or no onchain history; read-only wallet monitoring; and the Earn platform now shows daily rewards and sponsored transactions

  • Tapp Exchange is implementing the ve3,3 tokenomics model, aligning governance and incentives with token locks

  • Aptos Labs published a research paper on Prefix Consensus, a primitive that moves the network’s consensus toward a leaderless model in which parties can propose updates simultaneously, and the protocol agrees on a consistent prefix of those proposals

Aptos Network Wins 

  • Aptos saw RWA transfer volume more than triple to $34.1M over the last 30 days

  • Aptos Foundation proposed a new tokenomics model that would: cut staking rewards in half, increase gas fees, hard cap its supply at 2.1B APT, permanently lock 210M APT, KPI-gated grant issuance, and a programmatic buyback program

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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.

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