About Aptos
Aptos is a layer-1 blockchain built for decentralized applications and digital asset transfers. Mo Shaikh and Avery Ching founded the project in 2021 after both had worked on Meta's Diem blockchain initiative. The mainnet launched on 12 October 2022, and the native token APT was distributed at the same time. Aptos runs on the AptosBFT Byzantine fault-tolerant consensus mechanism and uses the Move smart contract language. Validators stake APT to participate in block production and earn rewards, and the token also covers transaction fees on the network. The initial token supply at launch was 1 billion APT, with later tokenomics discussions proposing a hard cap of 2.1 billion tokens. The blockchain is designed to support payments, asset transfers, and a broad range of decentralized applications.
Shelby moves to private beta after testnet proves its core platform
Shelby's private beta shift highlights the need for enhanced developer tools and could redefine Aptos's role in data-heavy infrastructures.
Aptos lands native Tether USDT support on Taiwan’s MAX exchange for TWD conversions
The integration of native USDT on Aptos by MAX could enhance Taiwan's crypto market liquidity and regulatory compliance, fostering broader adoption.
HashKey MENA unveils stablecoin payments pilot with Aptos and Daya
The partnership could revolutionize cross-border payments, reducing costs and enhancing financial inclusion in emerging markets through regulated stablecoins.
Aptos partners with Daehong to launch on-chain ticketing system for Lotte Group’s cultural events
The integration of blockchain in ticketing could revolutionize event management, enhancing security, transparency, and user experience.
Aptos builds infrastructure for AI agents to rent GPUs and settle payments in stablecoins
Aptos' infrastructure for AI agents could revolutionize autonomous commerce, enabling seamless, low-cost transactions and resource allocation.
Switchboard shuts down operations, urges users to migrate by September 25
The shutdown highlights the critical need for diversified oracle strategies in DeFi to mitigate infrastructure risks and ensure resilience.
A sourced map of Aptos's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on Aptos and the wider market, hosted by our team, will appear here once episodes are live.