Daily trading volume on APTOS -based decentralized exchanges reached a record on Wednesday and surpasses the $ 190 million for the first time in the history of the network. In the meantime, the total value of the Layer 1 network (TVL) is $ 1 billion, about 23% lower than the all times of $ 1.3 billion reached at the end of 2024.
APT, the native token of APTOS, has risen by 14% last week and acts almost $ 5.
APTOS TVL and DEX VOLUME
The increase in commercial activity comes shortly after APTOS Labs and Jump Crypto have unveiled a new project called Shelby, designed for developers who build storage-intensive apps, such as video, social or AI tools.
Shelby is a decentralized storage network that offers low-latency lectures and data verification on the chains, designed to function as a cloud storage but is carried out on blockchain rails.
In addition, APTOS will become the first non-EVM network that an Aave Host, the largest credit protocol in Defi, after the proposal had reached Quorum and has passed a vote for the community administration. A test network version of AAVE V3 is already live on Aptos, built with Move, a programming language that was first developed at Meta that supports the Aptos network.
Finally, Upbit, one of the largest crypto fairs in South Korea, also made USDT deposits and recordings on the APTOS network possible last week. That makes Apptos the third blockchain – after Ethereum and Tron – to support USDT in South Korean fairs.
Earlier this month, analysts at the French Blockchain company Kaiko reported that South Korea has become the second largest cryptomarkarkt worldwide, the US won the US with trade volumes in Korean to reach $ 663 billion, which possibly opened a considerable opportunity for the market share of Apto’s.
