APT

Aptos price

APT
|
3.7/5
CyberScope
4.4
05/23/2024
TokenInsight
3.0
05/13/2023
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USD
USD
$8.8469
-0.88%
1h
24h
1W
1M
1Y
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Aptos price live data

The current price of Aptos is $8.8469. Since 00:00 UTC, Aptos has decreased by -0.87%. It currently has a circulating supply of 435,476,785 APT and a maximum supply of 1,097,343,936 APT, giving it a fully diluted market cap of $3.85B. At present, Aptos holds the 28 position in market cap rankings. The Aptos/USD price is updated in real-time.

Aptos price performance in USD

Time periodChange amount%Chg
Today-$0.07800 -0.88%
7 days$0.53790 +6.47%
30 days-$1.1189 -11.23%
3 months-$0.62340 -6.59%

Aptos market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$8.2706
Last price $8.8469
24h high$9.1911
Heat index ranking
51
Market cap ranking
28
Market cap
$3.85B
Favorited rate
Percentage of users who favorited this asset to all users
5.14%
All-time high
$20.4200
-56.68% (-$11.5731)
Jan 26, 2023 (1 year ago)
All-time low
$1.0000
+784.68% ($7.8469)
Oct 19, 2022 (2 years ago)
ICO date
10/19/2022
ICO price
The price at which this crypto was first traded
$0
Circulating supply
The amount of this crypto that is publicly available in the market
435,476,785 APT
Market cap at circulating supply
Market cap = Circulating supply × Last price
$9.71B
Audits
The audit data comes from partners that we have integrated with via API. Our partners conduct security assessments on the provided source code.
CertiK
Last audit: 10/16/2022

About Aptos (APT)

Throughout 2022, the Layer 1 protocol landscape witnessed significant advancements. Ethereum's shift to Proof of Stake (PoS) and the NFT boom shed light on blockchain limitations under heightened demand. Amidst the increasing adoption of cryptocurrencies, ensuring resilient data protection and security infrastructure has become imperative, particularly given the surge in online vulnerabilities. 

Addressing these concerns, Aptos emerges as a promising contender. Leveraging its scalable, secure, and dependable network, Aptos has garnered considerable attention from industry developers.

What is Aptos

Aptos stands as a robust Layer 1 Proof of Stake (PoS) blockchain solution, emphasizing security, dependability, and user-friendliness. Built using the Move programming language, Aptos boasts an array of advanced features, with its mainnet, "Aptos Autumn," making its debut on October 17, 2022. 

Aptos operates through three fundamental components: the Move language (a smart contract programming tool), the Aptos Move data model, and the Move module, all collaboratively enabling a transaction processing capacity of up to 160,000 transactions per second (TPS)

Additionally, Aptos prioritizes security, employing robust measures to safeguard user assets and information. Currently, the Aptos ecosystem accommodates over 19 decentralized finance (DeFi) initiatives, spanning liquid staking platforms, decentralized exchanges (DEX), lending protocols, and more.

The Aptos team

Aptos has its origins in the Meta (formerly Facebook) Web3 initiative known as "Diem." The team, including its CEO Mo Shaikh and CTO Avery Ching, was initially part of Diem's development. Despite Meta discontinuing Diem in January 2022, the committed team decided to persist, leading to the establishment of Aptos. This dedicated group now operates under the name "Aptos Labs.”

How does Aptos work

Aptos utilizes advanced technologies and components to establish a fast, scalable, and secure system. The Move programming language, developed specifically by the Diem team and adopted by Aptos developers, plays a crucial role in the blockchain's functionality. It enables easier auditing and analysis of blockchain data, enhancing security and transparency. Additionally, Move has a virtual machine, a compiler, and a verifier called Mover Prover, designed for smart contracts.

Aptos employs the Move Virtual Machine (MVM) as its state machine, similar to the Ethereum Virtual Machine (EVM). The MVM converts Move modules into bytecodes that the Aptos blockchain can interpret. 

Aptos’ mainnet currently operates on the latest version of AptosBFT (version 4). AptosBFT, short for Aptos Byzantine Fault Tolerance, is a consensus technique known for optimizing network processes. This protocol mitigates the effects of failed validators on the system's throughput and latency. 

On October 19, 2022, Aptos launched the Aptos Bridge. This feature enables the seamless transfer of Tether (USDT), USD Coin (USDC), and Ethereum (ETH), between the Aptos network and various decentralized systems such as Avalanche, Ethereum, Polygon, and Binance Smart Chain (BSC). Users can withdraw their cryptocurrencies from the Aptos network with the Aptos Bridge. However, a three-day transfer window is endorsed for such withdrawals to ensure network stability.

Aptos’s native token: APT

APT is the native utility token of the Aptos blockchain. It is the foundation for decentralized governance of the Aptos network, granting APT holders the right to vote on decisions that influence the future of the platform.

APT tokenomics

Aptos has a total supply of 1,034,718,849 APT tokens with no maximum supply. By September 2032, the total supply of Aptos will hit 1.5 billion APT. Aptos has a burn mechanism which reduces the circulating supply by destroying APT tokens from fees and reward blocks.

The token can also be used across the entire Aptos ecosystem. APT uses a standard implementation which improves its interoperability and compatibility across the Aptos ecosystem. 

APT use cases

APT functions as the utility and governance token of the Aptos network. It serves as payment for gas fees for transactions on the Aptos blockchain. It is also used to incentivize community contributions and security services of validators on the network. 

Distribution of APT

Aptos launched in October 2022 with an initial supply of 1 billion APT tokens distributed as follows:

  • 51.02 percent was airdropped to community members.
  • 19 percent was issued to Aptos core contributors.
  • 16.5 percent was reserved for the Aptos Foundation.
  • 13.48 percent was allocated to investors.

The road ahead for Aptos

The Aptos team has announced that the fifth and latest version of AptosBFT is under development and will be released in a future upgrade to increase the scalability of the network to support the development of more decentralized applications (dApp). In addition, Aptos is now working with Mastercard to build a decentralized infrastructure for on-chain identity and payments.

APT FAQ

What is APT?

APT is the native token of the Aptos blockchain and is vital in facilitating transaction and network fees within the platform. APT is also a governance token, allowing holders to vote on key decisions within the project. 

How fast is the Aptos blockchain?

Aptos proudly positions itself as the fastest Layer 1 blockchain, claiming to process up to 160,000 transactions per second (TPS).

Where can I buy APT?

Easily buy APT tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include APT/USDT and APT/USDC.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for APT with zero fees and no price slippage by using OKX TR Convert.