Aries has not only established itself as the leading DeFi protocol on Aptos by Total Volume Locked (TVL), it’s also one of the top 10 lending protocols across all blockchains. The decision to tap into Aptos’ robust, scalable, and finance-oriented blockchain ecosystem has been pivotal to Aries’ growth.
Why Aries Chose Aptos
In 2022, Aries Markets deployed on Aptos due to the network’s high-performance advantages designed for the future of finance. Aptos’ proven ability to support DeFi use cases and its rapid transaction speeds and scalability aligned with Aries’ vision for a powerful, user-friendly DeFi platform. Since launching on Aptos, Aries Markets has expanded its offerings and customer base, experiencing rapid growth since launch:
Today, Aries is the largest DeFi protocol on Aptos—surpassing all other Move-based DeFi projects with more than $800 million in TVL and up more than $300 million since September.
Aries has cemented its position as a top 10 lending protocol across all blockchains.
Supported by Aptos’ scalability, Aries has expanded its product suite to become a fully integrated DeFi hub combining lending, borrowing, and more.
To date, Aries’ smart contracts hold $830 million in supplied assets and $470 million in borrowed assets, underscoring the protocol’s success in asset lending.
🚀 @AriesMarkets has skyrocketed into the top 10 largest lending protocols across ALL chains! 🎉 Aries Markets is: 🏆 Top 10 lending in crypto by TVL 🥇 No.1 DeFi on @Aptos by TVL 🥇 No.1 DeFi on Move by TVL We're just getting started! 💪 The best is yet to come! 🌟
Inside Aries’ DeFi Hub
To meet better user needs, Aries introduced several features in 2024 to offer a fully integrated DeFi hub to its community of 120,000 followers and 738K+ unique users:
Efficiency Mode (E-Mode): Allows borrowers to access up to 90% Loan-to-Value (LTV), greatly optimizing capital efficiency and driving Aries’ TVL to new heights.
Incentive Program: In January 2024, Aries launched an incentive program offering users up to 30% APY on stable assets like USDT and zUSDC, adding significant value for users and attracting more users. Aries will also soon offer native USDC pools via its incentive program.
Ecosystem Collaborations: Aries announced several strategic integrations with other DeFi protocols building in the Aptos ecosystem—such as Panora Exchange to enhance efficiency by introducing on-chain limit orders, and optimized swap routing to save users on fees and slippage.
Native USDT Support: Native USDT pools enable Aries users to leverage one of the most widely used stablecoins.
📢USDT Is Now Live on Aries Markets! 📢Aries Incentives for the USDT Pool are Now Active! Borrow, lend, and earn incentives with USDT on @AriesMarkets, which holds over 50% of Aptos' stablecoins. 🌟 Join us to continue the dominance: app.ariesmarkets.xyz
Onwards on the Aries Roadmap
With Aptos, Aries Markets is set to reach even higher milestones in its third year. From expanding asset support to scaling up its community, Aries remains focused on evolving its product suite for its user base.
The platform’s explosive growth demonstrates Aptos’ value for unlocking next-generation finance use cases. Keep up with Aries Markets on X @AriesMarkets.
