The Aptos blockchain has been on a tear lately, setting new records and proving why it’s one of the most promising platforms in the decentralized finance (DeFi) space. This past week was particularly eventful, with Aptos and its ecosystem partners reaching significant milestones that highlight the platform’s scalability, reliability, and growing influence. Let’s dive into the growth milestones and achievements of Aptos and some of the key players within its ecosystem.

Aptos Sets New TPS Record

Aptos continues to push the boundaries of what’s possible in blockchain technology. This month, it achieved a record-breaking peak of 12,492 TPS and daily transactions hitting 50 million on average — proof that it can handle the demands of the growing ecosystem without glitch. Contributing to this number was the fact that Aptos just launched the second game by Tapos, which surpassed 500 million transactions in just three days.

Kana Labs Aims to Tap Into New DeFi Markets

Kana Labs, a leading DeFi and GameFi super-app within the Aptos ecosystem, took a major step forward this month. Known for bridging the gap between Web2 and Web3, Kana Labs announced it would be expanding into Africa as part of a wider strategy to tap into new DeFi markets.

In addition to this expansion, Kana Labs has partnered with Supervillain Labs to enhance its platform’s user interface and introduce new reward systems. This collaboration aims to enhance the overall user experience by offering fresh features that will make engaging with DeFi even more rewarding.

Over the past two years, Kana Labs has consistently pursued its mission of making DeFi not only accessible but also enjoyable for a wider global audience. This week’s developments reflect its ongoing dedication and the strong community support that has fueled their growth and success.

Superposition Finance Introduces New DeFi Features

Superposition Finance has been working hard to bring high fidelity and performance to the DeFi space, through Aptos to offer a seamless experience. This week, the team introduced new features to enhance cross-chain liquidity and minimize market risk, which are crucial aspects in today’s volatile market.

Superposition Finance offers seamless cross-chain liquidity and enables users to move assets between different blockchains without extra hassle. It also built robust borrowing and lending services directly on Aptos, counting on the network’s speed and security to make DeFi services more reliable and accessible for all.

Thala Labs, Merkle Trade, and Meso Finance Reach New Milestones

Thala Labs is another project leveraging Aptos to create a comprehensive and highly scalable DeFi ecosystem. This week, it achieved significant milestones, including surpassing $1 billion in total lifetime volume on ThalaSwap and over 8 million APT staked. ThalaSwap, its automated market maker (AMM), has been central to this success, but Thala Labs also offers a full suite of products to deliver a seamless DeFi experience, including a launchpad, stable coin, governance platform, and incubator for innovative projects.

Merkle Trade, a platform that combines gaming with DeFi trading, has just marked its first anniversary on Aptos—and it has plenty to celebrate. In just one year, Merkle Trade has facilitated over $12.67 billion in total trading volume, a remarkable achievement for a relatively new platform. It has also secured a total value locked (TVL) of $6.54 million, reflecting strong user engagement and confidence in its innovative approach to trading.

Learn more about how Merkle Trade gamifies the crypto trading experience.

Meanwhile, Meso Finance, a capital-efficient money market focusing on credit expansion, is quietly becoming a powerhouse within the Aptos ecosystem. This week, Meso Finance hit new heights with a total supply exceeding $16 million and nearly $13 million in total borrowing—both achieved just days after reaching their previous milestones. These figures are proof of Meso Finance’s success in attracting users who want efficient and reliable ways to manage their assets.

The platform’s growth is largely driven by its innovative incentive programs and the support of the Aptos community. Meso Finance is empowering users to expand their financial opportunities within the DeFi space, and as the platform continues to grow, it’s likely to play an even more significant role in the Aptos ecosystem.

Joule Finance Launches Money Markets Mainnet

Joule Finance has officially launched its Money Markets Mainnet after eight months in development, marking a major milestone for the Aptos ecosystem. The launch of the Money Markets Mainnet is driven by the growing demand for higher-yielding DeFi products on Aptos. Joule Finance has responded by creating a platform designed to meet this demand, offering users the ability to lend, borrow, earn yield, and accumulate Joule points—all while unlocking exciting incentives. 

A key component of Joule Finance’s success strategy is the recently introduced Joule Bridge, which facilitates cross-chain swaps from Ethereum Virtual Machine (EVM) to Aptos. The platform supports integration with Liquid Staking Tokens (LSTs) and Liquidity Provider Tokens (LRTs) from the EVM ecosystem, enhancing liquidity options. In just one week, the bridge has already processed over $1 million in volume, bringing fresh liquidity into the Aptos ecosystem and establishing Joule Finance as a critical liquidity hub.

Upcoming features include the Joule Rewards Program to reward user engagement and participation, leveraged yield aggregation and farming to allow users to maximize their returns through advanced yield strategies, and liquidity anchors to provide decentralized applications (dApps) with easy access to liquidity.

Pandora Exchange Partners With Mizu Wallet

Panora Exchange just announced a partnership with Mizu Wallet to enhance the security and efficiency of swaps on their platform. The exchange is quickly gaining traction thanks to their user-centric approach to decentralized trading. It leverages Aptos’s high throughput and low latency to provide users with the best possible trading experience, whether through their Meta-DEX aggregator or their on-chain orderbook. Panora now supports over 2,500 wallets and has processed more than 88,000 transactions. 

The partnership with Mizu Wallet makes transacting easier and helps simplify the whole DeFi experience. Mizu Wallet is playing an increasingly important role in the Aptos ecosystem, providing users with a secure and efficient way to interact with various decentralized applications (dApps).

Mizu Wallet recently adopted the Aptos Wallet Adapter Standard to streamline user interactions across different dApps. Users can now interact with their favorite dApps directly through platforms like Telegram.

Econia Labs Introduces Key Rotation Support for Ledger Hardware Wallets

Econia Labs has been a critical contributor to the development and security of the Aptos blockchain. Recently, they introduced a new feature that enhances the security and flexibility of developers working within the ecosystem. The CEO of Econia Labs unveiled key rotation support for Ledger hardware wallets, which has been integrated into the Aptos Command Line Interface (CLI). 

This feature allows developers to temporarily rotate keys for deploying dApp packages or securing vanity addresses with hardware wallets, providing an additional layer of security and operational flexibility. By providing these critical tools and enhancements, Econia Labs is helping to create a more robust and secure environment for all users within the Aptos ecosystem.

With these achievements in the past few weeks and more milestones soon to come, the Aptos ecosystem continues to pursue relentless innovation in a quest to shape the future of decentralized finance.

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