🌐Welcome to the Aptos Weekly Overview🌐

The First Edition - April 18, 2024

Apr 18, 2024

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We’re building 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. Every Thursday.

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That’s enough housekeeping, let’s get into it.

By The Numbers

Aptos transactions this week: 5M (-57.2%)
Network transactions per second (TPS): 18.1
Active users: 298K (-60.6%)
- New users this week: 139.3K
Total staked APT: 908.09M (+0.2%)
NFT weekly sales: 13.9K (-55.2%)
Aptos total value locked (TVL): $355.1M (-16.7%)

The percentages and metrics are based on a 7-day period from data compiled on Flipside, unless noted otherwise.

Inside the blockchain

Focusing on the biggest developments in the Aptos ecosystem.

🌐What happened: Aptos Labs has partnered with Microsoft, Brevan Howard, SK Telecom and consulting partner BCG to expand Aptos Ascend, an end-to-end FSI suite powered by Microsoft OpenAI Azure and Aptos blockchain tech.

🌐Why does it matter: The DeFi-focused partnership is with major tech and financial firms, which are well known powerhouses across their respective industries. Aptos Ascend is designed to bring traditional financial institutions, fintech companies, and asset management firms on-chain. The partnership will also bring together Aptos Ascend, Microsoft Azure and Azure’s OpenAI service to help scale DeFi on Aptos and help close the TradFi-DeFi gap in general.

🌐The bigger picture: This isn’t the first partnership Aptos Labs has had in the tech or financial worlds. Last year, Aptos Labs partnered with Microsoft to explore opportunities for tokenization and digital payments. The collaboration also allowed Microsoft’s AI models to be trained using Aptos’ verified blockchain information.

As Aptos expands its relationship with non-web3 businesses, it’s growing the potential for DeFi and crypto as a whole to onboard the mainstream masses. As more of these businesses explore the web3 world, new opportunities can potentially be unlocked.

Ecosystem wins

Merkle Trade announced $2.1M round co-led by Hashed and Arrington Capital
Stargate Finance on Aptos has bridged over $1.2B to Aptos
Gemfocus launched to bring greater blockchain analytics to Aptos
DEX aggregator Panora adopted the new Aptos Wallet Standard to help improve user experiences
ICYMI: Aptos ecosystem heated up last month. Here are the highlights from March
Over $25 million in assets are now on Echelon Markets – details below:

Want more? Dive into the Aptos Collective Weekly Digest from Saturday here.

The community is makin’ Moves

🎧Watch this episode: Aptos Co-founder and CTO Avery Ching and Aptos Head of Research Alexander Spiegelman join NEAR co-founder Illia Polosukhin for its latest “Whiteboard Series”
🎧Listen in: X user Knox_Trades explains how Solana devs can move into Aptos
Supervillian Labs added new collections to their list of Aptos partner NFTs
Missed Encrypt London 2024? Watch Aptos Researcher Benny Pinkas explain distributed randomness

By the headlines

You might have seen these Aptos-related headlines recently…

Check out the additional coverage on Aptos’ latest DeFi partnership with Microsoft, Brevan Howard, SK Telecom and BCG on:

Join in the fun

Want to dive deeper into Aptos?

Find the latest job postings on Aptos Foundation here.

Or come join Aptos World Tour 2024 in major cities mentioned below:

Tokyo: April 13-19
Bangkok: April 22-28
Vietnam: June 7-8 for GM Vietnam 2024

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This product was built by Token Relations.

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.