Aptos has experienced an increase in activity at the end of the second quarter. The number of monthly active addresses has reached a new record in June, hitting 4.8 million as of this writing, according to data from TheBlock. By the end of the month, the metric can touch the 5 million mark.
The new monthly record is possible thanks to a spike in the number of users in mid-June. Token Terminal data shows that daily active users hit a record 1.3 million on June 8. That was the first time Aptos had seen 1 million users in a single day.
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Aptos is a layer 1 blockchain supporting the smart contract feature. The network uses a programming language called Move, which was developed by Mysten Labs, the company behind Sui, another fast-growing layer 1 blockchain. Both Aptos and Sui have been developed by ex-Facebook employees.
Aptos has consolidated its presence in decentralized finance (DeFi). It has a total value locked (TVL) of $340 million, as per DefiLlama, which is about half of Sui’s TVL. Aptos TVL crossed the $500 million mark on April 1 after a tenfold increase since September 2023.
The most active DeFi apps are lending protocols – such as Aries Markets, Echelon Market, and Aptin Finance – and decentralized exchanges, such as LiquidSwap, Cellana Finance, and PancakeSwap.
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While June becomes the month with the most active users, May keeps the transaction count record, with an impressive 350 million transactions.
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The surge in transactions was driven by a cat clicker game called Tapos, where each click generates a transaction on the network. Players tickle a cat with each click to earn HEART tokens. The game ended its campaign on May 26, causing a correction in the number of transactions. It has demonstrated that Aptos is capable of handling a high number of transactions at a low cost.
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