L1

Aptos APT

A Layer 1 blockchain built by former Meta engineers, using the Move programming language originally developed for the Diem project.

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Founded
2022
Founder
Aptos Labs / Mo Shaikh, Avery Ching
Consensus
AptosBFT (Proof-of-Stake)
Max Supply
Inflationary

What APT is

Aptos is a Layer 1 blockchain that launched in October 2022, founded by former engineers from Meta's Diem (formerly Libra) project. Diem was Meta's stablecoin initiative that was eventually shut down due to regulatory pressure; Aptos and Sui were built by separate teams who preserved much of the technical work and the Move programming language. Aptos uses Move with its own customizations.

How it works

Aptos uses BFT consensus with parallel transaction execution: rather than processing transactions one at a time, the runtime identifies non-conflicting transactions and executes them concurrently. This enables high theoretical throughput. Move is a resource-oriented language: tokens and digital assets are first-class types with safety guarantees that prevent common exploits like double-spending or unauthorized cloning.

Use cases

Aptos hosts a growing DeFi ecosystem including DEXs (Liquidswap, PancakeSwap), lending protocols, and liquid staking. The chain has positioned itself for institutional partnerships and consumer-grade applications. Performance characteristics are similar to Solana with a different programming model.

Tradeoffs and criticism

Move is a less common language than Solidity or Rust, which limits the developer pool. Aptos and Sui both use Move but have diverged in implementation details, fragmenting the Move ecosystem. The ecosystem is younger than Ethereum or Solana.

Where to track APT

See validators for staking context.

Related coins

Frequently asked questions

What is Move?
Move is a resource-oriented programming language originally developed for Meta's Diem project. It treats digital assets as first-class language primitives with built-in safety properties. Aptos and Sui are the two major chains using Move.
How is Aptos different from Sui?
Both chains were built by former Meta Diem engineers and both use Move, but they made different design choices. Sui uses an object-centric model and parallel execution from the ground up; Aptos uses a more traditional account model with parallel execution as an optimization.
Does Aptos support smart contracts?
Yes, written in Move. The execution model differs from EVM smart contracts: Move emphasizes type safety and resource ownership at the language level.