Aptos is a Layer 1 Proof-of-Stake (PoS) blockchain designed to deliver high transaction speeds and improved security using the Move programming language. Initially developed by engineers from Meta’s Diem blockchain project, Aptos aims to drive the adoption of web3 by providing a scalable infrastructure for decentralized applications (DApps). Its parallel execution engine seeks to process over 150,000 transactions per second (TPS), enhancing efficiency and reducing network congestion. The native token, APT, is used for transaction fees, staking, and governance.

Aptos utilizes a Byzantine Fault-Tolerant (BFT) PoS consensus mechanism, combined with its Block-STM execution engine, to process transactions in parallel rather than sequentially. This approach seeks to maximize throughput and minimize latency. Transactions are validated post-execution, with failed transactions being re-executed or discarded based on software transactional memory rules. The blockchain is built on Move, a language designed to enhance security and performance compared to Ethereum’s Solidity, enabling more efficient and reliable smart contracts.

Aptos supports a broad range of decentralized applications, including DeFi, NFTs, and enterprise blockchain solutions. Its high-speed transaction processing makes it suitable for applications requiring fast finality, such as gaming, automated trading, and payments. Move’s smart contract capabilities allow developers to build secure applications with enhanced programmability. Additionally, Aptos’ modular architecture enables seamless upgrades and customization, allowing the network to evolve with emerging web3 innovations.

Aptos was co-founded by Mo Shaikh and Avery Ching, former Meta engineers involved in the Diem blockchain project. After Diem was discontinued in 2022, they established Aptos Labs to continue developing a scalable blockchain infrastructure. The project secured funding from venture capital firms, including Andreessen Horowitz, FTX Ventures, and Jump Crypto, reaching a valuation of $4 billion. Aptos launched its mainnet later in 2022, introducing its high-performance Layer 1 blockchain to the web3 ecosystem.

We update our Aptos to CAD currency in real-time. Get the live price of Aptos on Coinbase.

The current market cap of Aptos is CA$997.441M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Aptos is CA$27.83. This all-time high is highest price paid for Aptos since it was launched.

Over the last 24 hours, the trading volume of Aptos is CA$121.163M.

Assets that have a similar market cap to Aptos include Render, Render (ERC-20), Morpho, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Aptos is 780 million.

Aptos ranks 105 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 96% of Coinbase users are buying Aptos. In other words, 96% of Coinbase customers have increased their net position in Aptos over the past 24 hours through trading.