DeFi on Aptos: Hyperion records TVL high, daily trading volume milestone
Aptos Weekly Overview - April 24, 2025
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By The Numbers
Aptos transactions this week: 24.1M (-22.3%)
Network transactions per second (TPS): 39.9
Active users: 2.7M (-42.8%)
New users this week: 603.1K
Total staked APT: 870.08M (+0%)
Aptos total value locked (TVL): $1B (+6.5%)
NFT weekly sales: 6.9K (+93.7%)
The percentages and metrics are based on a 7-day timeframe from Flipside data as of April 21, unless noted otherwise.
Inside the blockchain
🌐What happened: Hyperion, a decentralized exchange, hit a new high for TVL at $8.6 million, coinciding with its second-highest daily trading volume of $21.83 million on April 22, DefiLlama data shows.
🌐Why does it matter: The decentralized exchange (DEX) recent milestones can showcase the potential of the broader Aptos network as an architecture to support financial protocols that require speed and robustness.
For Hyperion, which is designed to offer fast transaction speeds and handle large trading volumes, it benefits from an environment with low-latency and high-throughput. So it's important that the infrastructure it's built on is able to execute trades quickly and support a growing user base.
Aptos stated in a recent post that its mission is to serve as “a global trading engine.” This directly aligns with Hyperion’s recent milestones. Since the beginning of the month, Hyperion’s TVL is up more than 30%. Since a growing TVL is reflective of an increase in user trust and capital commitment, Hyperion is showcasing its ability to house liquidity on Aptos. Meanwhile, its daily trading volume metric nearing new peaks could demonstrate that the protocol is able to handle large amounts of transactions, while maintaining a robust system.
By building on Aptos, Hyperion looks to benefit from the network’s emphasis on creating a scalable, financial-focused ecosystem. In turn, this could attract traders and liquidity providers who seek performance comparable to centralized exchanges.
🌐The big picture: TVL and trading volume can be seen as critical metrics for a DEX’s growth. TVL represents the total capital deposited into Hyperion’s smart contracts, signaling user confidence and the platform’s capacity to facilitate trading and yield opportunities. A new high might attract more liquidity providers and traders, enhancing market depth and reducing slippage.
Additionally, recording high amounts in terms of trading volume showcases the platform’s growth in activity level and ability to generate fees. In turn, these fees can be reinvested to improve services or incentivize users.
Together, these metrics could create a virtuous cycle for Hyperion. An increased TVL supports higher trading volumes by ensuring liquidity, while robust trading activity draws more capital, boosting it as well.
Ecosystem wins
Aptos shared more than 558K transactions were processed and 133K new accounts were made in part with Expo 2025
Stablecoin market cap hit an all-time high of $1.1B, DefiLlama data shows
USDT: $728.35M, +2.1% on the week
USDC: $317.74M, +8.9% on the week
Learn about X-Chain Accounts on Aptos, an interoperability feature to enable cross-chain liquidity solutions for the network
The community is makin’ Moves
Petra Wallet integrated in-app USDC rewards to its wallet
The Move AI Hackathon concluded - learn about the winners from each track
Listen to an X space about recent RWA developments on Aptos and how Propbase hopes to onboard more to the network
Watch the latest YAPT episode by Aptos Labs’ Haley and Aptos Foundation’s Alix to learn about recent ecosystem developments
By the headlines
You might have seen these Aptos-related headlines recently…
What It's Like to Be Part of the Aptos Collective (Aptos Foundation Blog)
Aptos proposal would cut staking rewards by 3% in 3 months to spur development (The Block)
Join in the fun
Want to dive into the ecosystem full-time? Find the latest job postings on Aptos Foundation here.
Attending Token2049 in Dubai? Check out these Aptos community events:
Web3 PayFi Oasis on May 1, an event co-hosted by Aptos about blockchain enabled payment solutions
LFM Launch Party on April 30, en ecosystem-focused event presented by Aptos Foundation
Applications for the Aptos Collective program close May 5
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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.