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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| APT | -75.73% | N/A | N/A | -79% |
| S&P | +10.51% | +83.8% | +12.94% | +76% |
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.
Let's dive into why Aptos is one of the best-performing large-cap cryptos in the market today.
Aptos was a top-performing crypto Friday, with investors eyeing this network's fundamentals.
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