APT
by BSC News
January 31, 2023
The DeFi ecosystem on the new Aptos blockchain is growing. Let's check out the top platforms for swapping, liquid staking and lending.
The Aptos blockchain has been on fire in 2023, with the value of its native coin $APT nearly hitting $20 last week and its market cap now sitting at more than $2.7 billion, making it one of the top 30 largest cryptocurrencies.
Concurrent with the rise of $APT, the blockchain’s Total Value Locked (TVL) has also increased in terms of U.S. dollars and now sits at more than $75 million, according to DefiLlama.
However, in terms of $APT, the chain’s TVL peaked on Dec. 30 at 17.54 million $APT and has since dropped sharply to the current 4.4 million $APT.
Let’s take a look at some of the top Decentralized Finance (DeFi) protocols on Aptos:
Aptos is a new, independent project focused on delivering the safest and most production-ready Layer 1 blockchain in the world. The team includes the original creators, researchers, designers, and builders of Diem, the blockchain that was first built to serve this purpose.
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