Aptos

Aptos is a layer-1 proof-of-stake blockchain designed to offer high transaction throughput and safety for decentralized application developers and users. It was built by the original team behind Diem, a blockchain initiative that was ultimately discontinued, and it claims to address the performance and reliability shortcomings that have hampered earlier smart-contract platforms. The network targets developers who want a scalable foundation and users who want fast, low-cost on-chain transactions.

Aptos uses a proof-of-stake consensus mechanism, meaning validators stake APT tokens to participate in confirming transactions and securing the network. Application development on Aptos uses the Move programming language and the Move virtual machine, both of which were originally created for the Diem project and are designed specifically for blockchain use cases. APT serves as the network's native token, used to pay transaction fees and to stake in the validator set, which currently yields a nominal staking rate of 2.44901 percent.

The network generates fees paid by users submitting transactions; over the trailing 30 days those fees totalled 88,702 USD, and over the trailing 12 months they reached 1,101,713 USD. The take rate for the trailing 30 days is 100 percent, meaning the entire fee amount recorded flows to the protocol as revenue rather than being shared with a supply side such as liquidity providers, and supply-side revenue for the trailing 30 days is accordingly 0 USD. Fee volume fell by 10.6 percent over the last 30 days. Annualizing the trailing 30-day fee figure produces an estimated 1,079,207.67 USD, which, set against a market capitalization of 483,890,634 USD, gives a market-cap-to-fees ratio of 448.4 and a fee yield of 0.223 percent.