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February Wrapped: Aptos Highlights 2024

Just two months into 2024, and the Aptos ecosystem is seeing more MOVE-ment than ever before!

The ecosystem continues to see massive momentum thanks to DeFi activity heating up and a series of integrations announced with Aptos. From RWAs to data providers, more are choosing to Move on Aptos.

Here’s the TLDR on all things Aptos in case you missed it. 

Aptos Foundation Announcements

Aptos Foundation introduced the first-ever online Aptos RaNd0M Hack for builders to experiment with Aptos' on-chain, tamper-proof randomness API. More than 180 applications were received for the Random Hackathon, ending March 22. Stay tuned!

The Aptos Foundation partnered with top data integration providers including Dune, Nansen, Space & Time, TokenTerminal, DappRadar, Elliptic, The Tie and Flipside which are leveraging Move to provide the Aptos ecosystem with access to a full range of data integration services for added transparency and security. 

The Move developer community took over ETH Denver 2024 with a jam-packed week of fireside chats, demos and a lot of alpha from Movement Labs, Aptos Labs, mirage protocol, LYNC and more in the Aptos ecosystem. 

Aptos Ecosystem Spotlights

Jambo and Aptos Foundation teamed up to bring Web3 access to emerging markets via the JamboPhone, which comes pre-equipped with Petra Wallet

Messari published its Q4 2023 Report on Aptos, highlighting strong performance for the network:

  • 111.4% increase in average daily transactions YOY

  • Nearly 60K daily active addresses

  • DeFi TVL up 226% 

Aptos Labs partnered with Supervillain Labs to launch a next-level Aptos universe: Supervillain: Idle RPG. 

O’Daily organized an AMA for the Aptos China community, bringing together more than 45K listeners for insights from Aptos ecosystem leaders about what’s new and upcoming, in China and beyond!

Defi Traction

In February, the network reached multiple milestones thanks to the thriving DeFi ecosystem on Aptos: 

  • More than 100% TVL growth to $264M  

  • 30-day Monthly Active Addresses neared 2M

  • Weekly Active Addresses doubled WoW 

Contributing to this activity is RWA protocol Ondo, which teamed up with Aptos Foundation to bring together the best of TradFi and blockchain–starting with Ondo’s native integration of USDY onto Aptos. 

The Aptos network is powering up the open finance revolution! The Aptos Foundation and @OndoFinance are partnering to combine the reliability of traditional finance with the efficiency and accessibility of blockchain technology — starting with the native integration of Ondo's…

Ondo Finance
Ondo Finance
@OndoFinance

📣 Ondo Finance takes great pleasure in announcing our strategic partnership with Aptos Foundation, aimed at revolutionizing the integration of real world assets with blockchain technology on @Aptos_Network. 📣 This partnership not only signifies a major step forward in…

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Cellana Finance launched its mainnet utilizing the Ve(3,3) Model in Move and became the first DeFi product to leverage the Aptos’ FungibleAsset Standard

Pontem launched Liquidswap V1— the first Aptos AMM which elevates DeFi to feature parity with many EVM protocols. 

Kana Labs integrated Chingari to provide users with gas-free interactions (with 3M transactions processed and counting!). 

Technical Innovations

Aptos Labs introduced Passkeys to enable Internet-like access to Web3 by allowing users to login to any application with just two clicks. 

We’re making Web3 security as easy as Face ID or Touch ID. Passkeys are the next step in a continued commitment towards creating the safest, most user-centric experience on Aptos. Passkeys are poised to revolutionize the way users interact with digital platforms – setting a new…

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The Block
The Block
@TheBlock__

EXCLUSIVE: Aptos implements passwordless passkey authentication for transactions theblock.co/post/277355/ap…

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Aptos Foundation and zkMe—the leader in blockchain-based identity solutions—partnered to provide easy, secure, and confidential identity verification on the Aptos network.

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