Aptos Reaches New Heights With Record On-Chain Activity And USDT Integration

Aptos is experiencing unprecedented levels of on-chain activity, with USDT recently arriving on the platform and gaining rapid adoption across its DeFi ecosystem.

This week’s stats provide a compelling snapshot of Aptos’ growing impact:

– Over 33 million transactions processed

– Approximately 4 million active users, boosting monthly totals beyond 8 million.

USDT arrived on Aptos this week, and has been embraced across the entire DeFi ecosystem 🌐

A look at the network by the numbers 🔢

✔️ 33M transactions processed
✔️ ~4M active users—pushing monthly actives past 8M

Here’s your roundup of DeFi news & happenings this week ICYMI 🧵

— Aptos (@Aptos) November 2, 2024

A significant milestone was achieved with Tether (USDT) launching on Aptos, marking the first USDT integration on a Move-powered blockchain and lifting Aptos’ stablecoin market cap to nearly $275 million. Further expanding stablecoin accessibility, SK Telecom announced plans to integrate USDT into its T Wallet, opening stablecoin access to its 30 million users.

The latest roundup of DeFi activity highlights @AptosDailyTK’s top dApps by Unique Active Wallets in October, featuring notable names such as @AmnisFinance, @PanoraExchange, @kanalabs, and @AriesMarkets. Notably, AmnisFinance reached an all-time high (ATH) of $250 million in Total Value Locked (TVL), underscoring the growing interest in Aptos-based DeFi projects.

In addition, several Aptos dApps reported impressive gains in TVL, with @EchoProtocol_, @superp_fi, @JouleFinance, @CellanaFinance, and @EchelonMarket emerging as the top five performers this week.

With USDT’s arrival and a strong lineup of active dApps, Aptos is solidifying its role in the DeFi landscape, attracting both users and capital to its ecosystem. The network’s high transaction volume and expanding user base indicate a promising future for Aptos, as it establishes itself as a critical player in decentralized finance.

Onchain usage activity on @Aptos is at all-time highs.

Many new Aptos-native apps coming to Token Terminal in the next 1-2 weeks, stay tuned! ✍️ pic.twitter.com/kFBvWNg5sY

— Token Terminal (@tokenterminal) November 1, 2024

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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