
Aptos APT
SPOT PRICE / USD
$0.754505
▼ -2.51% / 24H
MARKET CAP
$656.67M
24H VOLUME
$163.2M
24H HIGH
$0.807476
24H LOW
$0.747235
7D CHANGE
+29.06%
30D CHANGE
+22.72%
1Y CHANGE
-82.18%
ALL-TIME HIGH
$19.92
CIRCULATING
870.62M APT
MAX SUPPLY
2.1B
ATH DROP
-96.21%
ATH DATE
Jan 26, 2023
ALGORITHM
Proof-of-Stake
NETWORK TYPE
Layer 1 blockchain
LAUNCHED
2022
SECTOR
Layer 1
About Aptos
Aptos (APT) is a proof-of-stake Layer 1 blockchain built for high throughput and reliability. It uses the Move programming language, originally developed in the context of an earlier Meta blockchain effort, and aims to provide a fast, scalable foundation for decentralized applications, with APT as its native token.
How Aptos works
Aptos secures its network through proof-of-stake, where validators stake APT to process transactions and maintain consensus. The chain is designed to process transactions efficiently, in part by enabling parallel execution rather than handling everything strictly one at a time, which is intended to improve throughput and keep the network responsive as activity grows.
Smart contracts on Aptos are written in Move, a language designed with safety and resource management in mind. APT is used to pay transaction fees, secure the network through staking, and participate in governance over the protocol's direction.
What APT is used for
- Transaction fees: APT pays for activity on the network.
- Staking: holders stake APT with validators to help secure the chain and earn rewards.
- Application platform: developers build DeFi, gaming, and other apps using the Move language.
- Governance: token holders can participate in decisions about the protocol.
Aptos competes on performance and a safety-focused smart contract language, but adoption will decide whether those advantages translate into a lasting ecosystem. — CoinRadar Daily analysis
Risks and considerations
Aptos operates in a competitive Layer 1 market where ecosystem growth and developer adoption are decisive. Smart contract platforms carry technical and security risks, the token is volatile, and regulation is evolving. Staking also involves lock-ups and validator-related considerations that holders should understand before participating.
Frequently asked questions
What is Aptos?+
Aptos (APT) is a proof-of-stake Layer 1 blockchain built for high throughput, using the Move programming language. Its native token, APT, pays fees, secures the network through staking, and supports governance.
What is the Move language?+
Move is the smart contract language used on Aptos, designed with safety and resource management in mind. It originated from an earlier blockchain effort and aims to make on-chain code more secure.
What is APT used for?+
APT pays transaction fees, is staked with validators to secure the network and earn rewards, powers applications built on Aptos, and is used in protocol governance.
DATA: COINGECKO · CACHED ~5 MIN · INDICATIVE ONLY · NOT FINANCIAL ADVICE
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