What Is Aptos (APT)?
Aptos is a proof-of-stake (PoS) Layer 1 blockchain that uses Move, a novel smart contract programming language based on Rust. Initially developed by engineers from Meta’s Diem blockchain (formerly Facebook), Aptos aims to enable mainstream Web3 adoption and empower decentralized applications (DApps) to solve real-world user challenges.
Key features:
- Parallel execution: Achieves a theoretical throughput of 150,000+ transactions per second (TPS).
- Scalability: Designed for high-speed, low-cost transactions without compromising security.
Funding and Development
- March 2022: Raised $200M in a seed round led by Andreessen Horowitz (a16z), with participation from Tiger Global and Multicoin Capital.
- July 2022: Secured an additional $150M in a Series A round led by FTX Ventures and Jump Crypto.
- September 2022: Binance Labs made a strategic investment, boosting Aptos’ valuation to $4B.
The Aptos mainnet launched on October 18, 2022, with genesis occurring on October 12, 2022.
Who Are the Founders of Aptos?
The project was co-founded by ex-Meta (Diem) engineers, leveraging their expertise in blockchain scalability and security. While the core team remains anonymous, their technical whitepapers and open-source contributions highlight deep experience in distributed systems.
What Makes Aptos Unique?
- Move Language: Enhances security and flexibility for smart contracts.
- Parallel Processing: Uses Block-STM (Software Transactional Memory) to optimize throughput.
- User-Centric Design: Focuses on seamless onboarding for developers and end-users.
How Many Aptos (APT) Coins Are in Circulation?
As of 2025, APT has a total supply of 1B tokens, with circulating supply adjusted for staking rewards and ecosystem incentives.
What Is Aptos Bridge?
Aptos Bridge facilitates cross-chain asset transfers between Ethereum, BSC, and other networks, enabling interoperability for DeFi and NFT projects.
How Is the Aptos Network Secured?
- PoS Consensus: Validators stake APT to participate in governance.
- Byzantine Fault Tolerance (BFT): Ensures resilience against malicious attacks.
Where Can You Buy Aptos (APT)?
APT is listed on major exchanges like:
- Binance
- Coinbase
- OKX
FAQs
Q: Is Aptos better than Solana?
A: Aptos offers higher theoretical TPS, but real-world performance depends on network adoption and DApp optimization.
Q: Can I stake APT?
A: Yes! APT holders can delegate tokens to validators to earn rewards.
Q: What chains are compatible with Aptos Bridge?
A: Ethereum, BSC, and more (with plans for additional integrations).
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