Aptos Financial Ecosystem Analysis
In November, Aptos' total value locked (TVL) surpassed $1 billion for the first time and is up 19x year-over-year.
BlackRock, the world’s largest asset manager, expanded its USD Institutional Digital Liquidity Fund (BUIDL) to Aptos alongside four other chains in November.
In October, USDT, the largest stablecoin by market capitalization, went live with a native token contract on Aptos. Likewise, a native contract for USDC, the second-largest stablecoin by market capitalization, was announced in November.
Other innovative financial platforms are being built on Aptos. For example, Propbase, a real estate tokenization marketplace, sold out its first offering in July, while Echo Protocol, which brings Bitcoin liquidity to Aptos, launched in August.
Daily DEX volume on Aptos increased by 2,700% (28x) in the last year from $750,000 to $21.5 million.