The Aptos ecosystem has experienced a heretofore unseen growth spurt, with a number of platforms and projects racking up some impressive achievements.
This week’s recap notes the not-so-quiet progress made by stablecoins, lending and re-borrowing platforms, NFTs, and decentralized exchanges (DEXs), among others, over on the Aptos network.
Aptos stablecoins have reached nearly a total supply of $800 million, with USDT accounting for an eyebrow-raising 79% of the totals. USDC comes in, in what appears to be second place, at 12.94%. At this point, it seems a fair question to ask just what is going on with stablecoins on Aptos.
The growth of lending and re-borrowing on Aptos has been outstanding, and the platforms that are part of this sector have been driving the growth of Total Value Locked (TVL) on Aptos. The stars of this show are Echelon Market and Aries Markets. Echelon Market is the fast riser on Aptos among these platforms, with its TVL rising by over 60% this year, growing from $97 million to over $157 million.
On the other hand, Aries Markets has cemented its spot as the biggest platform on Aptos, with a TVL (total value locked) of more than $313 million. Since the start of 2025, Aries’ TVL has gone up by 5%, or $16 million.
The NFT space on Aptos has also seen substantial growth. The total number of unique NFTs on Wapal has now exceeded 300,000, and this milestone highlights the Aptos ecosystem’s continued momentum toward our vision of a democratic and addressable Web3. We call it the NFT Revolution.
In the latest update, Kofi Finance has started the #KofiMemeContest, calling for community members to exhibit their inventiveness by way of memes. It is hoped that this initiative will promote engagement and serve as a building block for community formation within the Aptos ecosystem.
The DEX trading volume on Aptos took a sharp upward turn this week, cresting over $13 billion with $100 million added just 5 days ago. While this trading volume flows through DEXs built on the Aptos layer 1 blockchain, the actual DEXs serving this volume are on-chain order books built natively on Aptos.
AGDEX, a leading entity in the Aptos ecosystem, has made a great leap forward, launching AGTask, its official task management system. This platform does more than just underline AGDEX’s commitment to innovation; it places AGDEX squarely in the middle of the community, engaging users and developers alike.
To conclude, the Aptos ecosystem has observed stunning enhancement in its growth across many sectors ranging from stablecoins and lending platforms to NFTs and DEXs. As the ecosystem unfolds, one can only be excited about how these projects and platforms will contribute to the adoption and the growth “n” of the Aptos network.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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