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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| APT | -66.06% | N/A | N/A | -75% |
| S&P | +17.35% | +108.64% | +15.84% | +83% |
Aptos (APT) is a scalable layer 1 blockchain token built with Move programming language. It serves various purposes within the Aptos project, which includes Move as a smart contract language, parallel processing execution for efficiency, and AptosBFT consensus for network effectiveness. The total token supply is 1 billion, with a circulating supply of 130 million. APT is used for network fees, validator staking, and on-chain governance. Aptos Labs, led by Mo Shaikh and Avery Ching, developed Aptos in 2021, drawing from their experience with Meta's Diem blockchain project.
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