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Aptos Ecosystem Update: Starting to See the Alignment of Individual Projects 🔥
1️⃣ on-chain Indicators on the Aptos Ecosystem
2️⃣ Important Moves of Aptos Labs & Aptos Foundation
3️⃣ Update Information About Aptos Ecosystem
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2024/04/22 10:00 :
Runes Protocol Ecosystem & Opportunities for Bitcoin Fans
1️⃣ What is Runes Protocol?
2️⃣ Overview of the Runes Protocol Ecosystem
3️⃣ Opportunities for the Upcoming Runes Token Launch Event
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1️⃣ on-chain Indicators on the Aptos Ecosystem
Aptos ' basic platform indicators including the number of transactions per day, the number of new accounts per day, the number of active accounts per day and TVL on the ecosystem have all increased strongly since the beginning... |_2024111120230_ |




2️⃣ Important Moves of Aptos Labs & Aptos Foundation
✏️ Aptos Labs uses Microsoft Azure OpenAI application to develop the ecosystem
On February 3, 2024, Aptos Labs launched Aptos Assistant, an application using Azure OpenAI Services, capable of answering all questions about Aptos blockchain technology, ecosystem and programming. .
Basically, Aptos Assistant is a Chat GPT version that specializes in providing information about Aptos Layer 1. With data specialization, Aptos Assistant not only provides answers to users' questions but also provides reference materials in the form of links to Aptos blog pages, or articles. on Medium to help users receive information in the most comprehensive way.
However, the data mainly revolves around technical factors and infrastructure of Layer 1. Therefore, information related to projects in the ecosystem will not be within the scope that Aptos Assistant can provide. In addition, the data is not updated regularly, until April 2024 it will only use data from October 2023.
With relatively limited capabilities at the present time, the new Aptos Assistant can only help programmers and non-Degen users. In the long term, this tool will make it easier for users and builders to access the Aptos ecosystem.
✏️ Closing Aptos Random Hackathon with 5 winning projects
Aptos Random Hackathon was also successfully implemented during the period starting on February 16, 2024 and ending on March 22, 2024, filtering out 5 projects with the most impressive products in the following order: after:
✅ Top 1 - @zionbets: A Crash Casino betting project on Aptos, this is an extremely risky gambling game. The rules of the game are to allow people to bet an amount of money, then participate in a round of play that never ends. In it, there is a multiplier that runs from x1 to x84 (can end at any value in this range) and the player must out bet before the "Crash" occurs to receive the amount and End the round or all bets will be lost. Currently, the product is in the testnet phase, so the APT - the staked asset used is also a completely free APT testnet. This is an extremely risky gambling game.
✅ Top 2 - LYNC @Lyncworld: Is a specialized SDK used to build games on blockchain. LYNC SDK enables developers to integrate into game engines like Unity and Unreal with just a few clicks. Simply put, LYNC will make building games on the blockchain easier.
✅ Top 3 - Lucky Leopards Club @luckyleopardapt: Fully- on-chain casino, also a Gamblefi project on Aptos. The project provides popular Casino games such as Dice, Roulette, Blackjack, Mines, Poker & Slots. If you don't want to take risks, users can Stake APT to earn fees from Lucky Leopards Club.
✅ Top 4 - Supervillain @supervlabs: The project has been signed by Aptos Labs in game development, which will be mentioned in the next part of the article.
✅ Top 5 - Aptos Tarot @AptosTarot: This is a super unique project that can predict Tarot hexagrams when users provide some information and ask questions. Although the project does not specify, it is likely that this is a higher form of AI Chatbot. Tarot cards can be Mint as Non-Fungible Token and users will be able to own them if they have enough APT to pay the fee and Mint.
Through this, it can be seen that Aptos Labs is orienting the ecosystem to become a Casino & Gaming center in the near future. But it also shows that the scale and quality of Hackathons organized by Aptos Labs is quite limited when it comes to filtering out such creative and risky ideas.
✏️ Aptos Foundation shakes hands with Layer 2 Movement
Aptos Foundation and Movement - the first Layer 2 on Ethereum to use the Move programming language - have begun implementing plans to integrate the DA of both platforms, as well as take advantage of the Movement SDK's capabilities for building projects. The project can work well on both Aptos and Movement. In addition, projects already built on Aptos can use Aptos CLI to continue deploying on Movement.
This partnership is even more meaningful for Aptos as on April 25, Movement Capital a $38M Series A round, led by Polychain. While the project had previously called for $3.4M in a pre-seed round by dao5 funds, Varys Capital, Blizzard Fund in 2023.


3️⃣ Update Information About Aptos Ecosystem
✏️ Liquid Staking Derivative blooms on the Aptos ecosystem
Aptos is one of the platforms with LSD developing quite actively with a series of projects such as Amnis, Thala Labs, Tortuga Finance and Ditto Finance (in descending order of market share) and total Capital of APT LST up to $175. M.
Data collected at Aptoscan, last updated on April 27, 2024. From these numbers, the LSD market on Aptos can be identified as follows:
✅ Amnis Finance: Amnis Finance is the Liquid Staking Derivatives project attracting the largest cash flow on Aptos with the Liquid Staking Token amAPT with a Capital of up to $119.6M, equivalent to 68.3% of the APT LST market share. The project also has stAPT which is an auto-compounding yield form of amAPT, the amAPT-stAPT pair has the same meaning as Frax Finance's frxETH-sfrxETH or Pirex's pxETH-apxETH.
✅ Thala LSD: Thala does not specialize in LSD but Vai as an ecosystem of DeFi products, a liquidation center on Aptos, so although Thala has the highest Protocol TVL, it is also TVL coming from DEX, Staking THL, CDP and other yield vaults. Thala also has the feature of Stake thAPT Token to receive sthAPT in return. The thAPT-sthAPT pair has the same meaning as amAPT-stAPT.
✅ Tortuga Finance: Tortuga is not impressive in terms of scale, but the tAPT Token has a higher peg than APT by up to +9.5%. This is because tAPT is essentially a Fixed Yield Bond with a fixed APY of 7%. This means that when you Stake 1 APT , you will only receive about 0.906987.
✅ Ditto Finance: The Ditto project is very small in scale and has not attracted cash flow, nor has there been any notable progress. What is worth mentioning about this project is that you need to distinguish between - stAPT (Ditto Staked Aptos) and stAPT (Staked Aptos Coin) of Amnis Finance, although they have the same Ticker, are two different Token .
There is a contradiction in terms of users & FDV between Tortuga, Ditto and the two leading projects. Although Tortuga and Ditto are two smaller projects, the number of users is 5 to 10 times larger than Amnis Finance and Thala. Is this the act of buffing metrics to beautify project performance?
✏️ GameFi & PFP Non-Fungible Token synergy
METAPIXEL, the unit behind Supervillain Labs, has launched a Game title and committed to building exclusively on Aptos, which is Supervillain: Idle RPG. In particular, the Idle game series is characterized by not requiring users to have high skills but simply choosing characters, arranging formations and equipment, buffs, etc. while the battles will be automatic. movement takes place.
Supervillain: Idle RPG will allow users to use branded and branded characters from core Non-Fungible Token collections on Aptos such as Aptos Monkeys, Aptomingos, and Bruh Bears.
This is a development strategy that brings brand resonance to projects on the Aptos ecosystem, games will be easily accessible to users through Non Fungible Tokens with strong communities, while Non-Fungible Token ' communities can Receive special benefits for participating in games such as Whitelist.
✏️ Memecoin is an indispensable Shard of the puzzle
Memecoin is not only developed on Solana or Ton but is also popular on Aptos with coins like $GUI (@guiinuonaptos), $CHEWY @ChewyToken, $SHRIMP (@shrimp_apt) or $UPTOS (@uptos_) noted quite impressive metrics.
Meme on Aptos are also associated with airdop culture, $GUI aidrop December 2023, $SHRIMP & $CHEWY Airdrop March 2024, $UPTOS Airdrop April 2024. Although few, almost everyone who is active on Aptos and owns Non-Fungible Token (usually not too expensive) will receive an Airdrop.
Meme on Aptos are led by GUI, listed on MEXC and http:/Gate.io and is the most reputable Memecoin. In terms of FDV, the memecoin system has a higher position than many other DeFi coins, partly because DeFi on Aptos is still rudimentary and the cash flow is only concentrated in a few top tier projects.
Therefore, the Memecoin game on Aptos has made the ecosystem more lively, and the Inu GUI case also shows the indispensable Vai of Memecoin in the community. At the time this article was written, Memecoin on Aptos is trending down very strongly and most are searching for the Dip , so participating in playing Meme at this time may not be appropriate and effective.
Summary
Above is an updated article with an overview of the Aptos ecosystem, including platform health indicators, moves by the Aptos Foundation & Aptos Labs as well as developments surrounding the Aptos ecosystem. It can be seen that with the support of the Aptos Foundation, individual projects are starting to show signs of collaborating and combining with each other. Hopefully everyone has obtained useful information to serve the investment process effectively in the Aptos ecosystem.


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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