The largest protocol by TVL just integrated to Aptos
Aptos Weekly Overview - January 9, 2025
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: 35.1M (-9%)
Network transactions per second (TPS): 58 (-8.9%)
Active users: 2.5M (-33.4%)
New users this week: 701.2K (-7.7%)
Total staked APT: 897.02M (+0.1%)
Aptos total value locked (TVL): $1.1B (+5.4%)
NFT weekly sales: 1.9K (-70.9%)
The percentages and metrics are based on a 7-day timeframe from Flipside data as of Jan. 6, unless noted otherwise.
Inside the blockchain
🌐What happened: Aave V3 deployed to Aptos testnet, making it the first non-EVM integration for the protocol and its initial foray into Move-based chains.
🌐Why does it matter: Aave is a non-custodial liquidity protocol where users provide liquidity to a market through supplying, borrowing or lending their assets. Until now, it was only available on EVM chains like Ethereum, Base, Arbitrum and Avalanche, to name a few.
This launch extends Aave’s reach beyond Ethereum Virtual Machines (EVM) networks and into ones built on the Move programming language. With coming plans to deploy on Aptos mainnet soon, Aave could attract more liquidity and adoption, while showcasing its ability to adapt to new blockchain environments. It’s important to keep in mind as well that Aave is the largest protocol by TVL with nearly $19.9 billion, according to DefiLlama data. This means Aave can integrate its already large liquidity pool to the Aptos network.
While Aave has been able to establish a strong presence on EVM-compatible chains, it previously lacked exposure to non-EVM ecosystems. Its release to Aptos can be seen as a strategic move to expand into a growing DeFi ecosystem of non-EVM chains.
In addition, Aave Labs collaborated with the Aptos Foundation to rewrite the Aave protocol’s codebase in Move to ensure it was compatible with the network’s non-EVM architecture. Chainlink also developed production-ready price feeds to maintain and enhance the functionality and security.
🌐The big picture: This testnet deployment can be seen as a significant milestone for both Aave and Aptos. Aave’s deployment to its first non-EVM chain can extend its liquidity, user reach and technological capabilities by showcasing the ability to adapt to new, emerging blockchain ecosystems.
For Aptos, it has emerged as a high-performance platform with robust developer and institutional reach. Aptos saw significant ecosystem growth in 2024, with its TVL rising from $117 million at the beginning of the year to more than $1.8 billion at the end of the year. It also partnered with massive institutions such as Bitwise, BlackRock, Tether and more.
Ecosystem wins
Kana Labs hit 1.06M unique active wallets over a 7-day period, up about 8% on the week, according to DappRadar
The Aptos Network announced it has adopted Chainlink’s standard for verifiable data to empower devs to access off-chain data
Aptos makes up $52.7M in market cap for BlackRock’s BUIDL fund and is slightly up on the month, according to RWA.xyz
VibrantX launched its IDO for its portfolio management platform on Aptos
Daily active addresses on Aptos hit 1.2M on Jan. 7, a 44% increase month-over-month (shown below)
Source: Artemis
The community is makin’ Moves
Aptos developers can access free testnet $USDC from Circle’s Faucet to experiment with fund flows on apps
LOON, a memecoin on Aptos, rose 130% week-over-week
Spooks hosted an X space diving into predictions for Aptos in 2025
Check out this list of Aptos-related projects for DeFi, wallets, marketplaces and more by X user 0xobsessed
Ankaa Accelerator program kicked off this week featuring Mereo, PlaysOut, Luckey Keyboard and Hyperfluid
Join in the fun
Want to dive into the ecosystem full-time? Find the latest job postings on Aptos Foundation here.
Join the Aptos community at USC on Jan. 21 to learn about how to build autonomous onchain AI agents
ERAGON is hosting a meme-centric gaming campaign for players to earn APT rewards
Amnis Finance’s Lucky Wheel Season 7 started Jan. 8 - see details here
Flipside added new quests for new Aptos users
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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.