What is Aptos (APT)?
Aptos is a Layer 1 blockchain that utilizes Proof-of-Stake (PoS) consensus and introduces a novel smart contract programming language called Move. Move is based on Rust and was originally developed by engineers from Meta's (formerly Facebook) Diem blockchain project.
Aptos aims to create a blockchain that drives mainstream adoption of Web3 and supports a thriving ecosystem of decentralized applications (DApps) designed to solve real-world user challenges.
Key features of Aptos include:
- High throughput: Theoretically processes over 150,000 transactions per second (tps) using parallel execution.
- Scalability: Designed to accommodate growing demand without compromising speed or 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, valuing Aptos at $4 billion.
The Aptos mainnet launched on October 18, 2022, with genesis occurring on October 12, 2022.
Who Are the Founders of Aptos?
Aptos was co-founded by Mo Shaikh and Avery Ching, both former Meta/Diem team members. Their expertise in blockchain scalability and secure smart contract design laid the foundation for Aptos’ innovative architecture.
👉 Discover more about Aptos' founders
What Makes Aptos Unique?
Move Programming Language:
- Enables safer smart contract development with built-in resource management.
- Reduces vulnerabilities like reentrancy attacks common in Ethereum’s Solidity.
Parallel Execution Engine:
- Processes transactions concurrently, maximizing efficiency.
User-Centric Focus:
- Prioritizes low fees, fast finality, and seamless onboarding for developers and users.
How Much Aptos (APT) Is in Circulation?
As of 2025:
- Total supply: 1 billion APT.
- Circulating supply: ~200 million APT (varies based on staking and ecosystem growth).
What Is Aptos Bridge?
Aptos Bridge facilitates asset transfers between Aptos and other blockchains (e.g., Ethereum, BSC). It enables:
- Cross-chain liquidity.
- Interoperability for DeFi and NFT projects.
👉 Learn how to bridge assets to Aptos
How Is the Aptos Network Secured?
- PoS Consensus: Validators stake APT to participate in block validation.
- Decentralized Governance: APT holders can propose and vote on upgrades.
- Formal Verification: Move’s design minimizes smart contract bugs.
Where Can You Buy Aptos (APT)?
APT is available on major exchanges like:
- Binance
- Coinbase
- OKX
FAQs
1. Is Aptos better than Ethereum?
Aptos offers higher throughput and lower fees, but Ethereum has a larger ecosystem. Choose based on your needs (e.g., scalability vs. network effects).
2. How do I stake APT?
Delegate your tokens to a validator via supported wallets (e.g., Petra Wallet).
3. What’s the APT token used for?
- Paying transaction fees.
- Staking for network security.
- Governance voting.
4. Can Aptos handle NFT projects?
Yes, its scalability makes it ideal for NFT marketplaces and gaming DApps.
5. Will Aptos’ price rise in 2025?
Market trends depend on adoption, partnerships, and broader crypto conditions.
6. How do developers build on Aptos?
Use the Move language and Aptos’ SDK for DApp development.