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Exchange Aptos (APT)

If you're looking to swap Aptos, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is Aptos, or some fresh information about APT’s price movements. And, of course, we provide you with multiple Aptos exchange options so that you can choose the offer with the best rates and lowest Aptos fees, as well as other parameters that suit you.

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Aptos Price Stats

To help you make a decision about exchanging your Aptos, we gathered some cold hard numbers: Aptos price chart and other stats, such as Aptos market cap.

APT 24H HIGH

APT 24H HIGH $9.72124957

APT MARKET CAP

APT MARKET CAP $9,708,993,100.312

APT CIRCULATING SUPPLY

APT CIRCULATING SUPPLY 1,091,665,202.397 APT

APT 24H LOW

APT 24H LOW $8.87501182

APT PRICE

APT PRICE $8.89374607

APT 24H VOLUME

APT 24H VOLUME $8,381,504.637

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Aptos Price Chart

Here you can see the current price of Aptos, as well as Aptos price history.

What is Aptos?

Aptos Crypto revolves around the native token of the Aptos network, a Layer 1 blockchain developed by Aptos Labs. The network employs the Move programming language, initially conceived for the Libra blockchain project by Meta. Aptos operates on a Layer 1 Proof-of-Stake (PoS) framework, utilizing the Move language's Rust-based architecture.

This innovative ecosystem is designed to address the critical challenges of security and scalability that have often hindered the widespread adoption of blockchain technology. The core of Aptos' innovation lies in its utilization of the Move programming language, originally conceived as part of Meta's endeavor to launch the Libra blockchain.

Aptos' primary objective is to usher in mainstream adoption of web3 and facilitate the functionality of Decentralized Applications (DApps) in addressing real-world challenges. The network boasts a theoretical transaction throughput exceeding 150,000 transactions per second (tps) through parallel execution. This exceptional throughput empowers the network to handle a considerable volume of transactions concurrently, a feat that significantly outpaces many existing blockchain networks, including Ethereum's mainnet which averages around 12 to 15 tps.

Aptos secured substantial funding to realize its vision. In March 2022, the project raised an impressive $200 million in a seed round led by prominent venture capital firm Andreessen Horowitz (a16z). Esteemed entities like Tiger Global and Multicoin Capital also participated in this funding round. Further validating its potential, Aptos garnered an additional $150 million in a Series A funding round led by FTX Ventures and Jump Crypto, under the leadership of Sam Bankman-Fried.

The project's momentum continued as Binance Labs strategically invested in Aptos, bolstering its valuation to an impressive $4 billion by September. The culmination of these endeavors led to the long-awaited mainnet launch on October 18, 2022, preceded by the Aptos genesis event on October 12, 2022.

Operational since October 18, 2022, Aptos is the brainchild of Mo Shaikh and Avery Ching, former Meta employees. Shaikh, the CEO, brings extensive financial and blockchain experience, while Ching, the CTO, contributes significant technical expertise.

Avery Ching, Aptos' CTO, emerges as a prominent software engineer with a history of impactful contributions, notably as a principal software engineer at Meta. Having collaborated on the Diem blockchain project during their tenure at Meta, Shaikh and Ching harnessed their collective expertise to found Aptos Labs after the discontinuation of the Diem project in January 2022.

Aptos employs a dual consensus framework, consisting of the Proof-of-Stake and AptosBFT protocols.

The AptosBFT protocol closely mirrors the structure of DiemBFT, initially crafted for the Diem project. "BFT," short for "Byzantine Fault-Tolerant," denotes a network's ability to sustain normal operations even when certain members are offline or engage in malicious activities.

AptosBFT constitutes a bespoke consensus algorithm founded on the HotStuff protocol. While the intricacies of the protocol's operational mechanics are intricate, the algorithm actively examines the state of the on-chain system. It autonomously adjusts leader rotations to accommodate non-responsive validators, all without requiring human intervention.

In essence, Aptos Crypto encompasses the APT token within the larger Aptos network, characterized by its technological innovation, scalability, and commitment to advancing blockchain adoption.

The upgradeability and configurability of Aptos facilitate the exploration of diverse use cases, while its native sharding feature fosters horizontal throughput scalability, ultimately enhancing user experience.

The APT token has a total supply of 1 billion and at the time of writing on 14 August 2023, the circulating supply is 225,217,681 APT. The token distribution is allocated in the following manner: Community (51.02%); Core Contributors (19.00%); Foundation (16.50%); Investors (13.48%).

Within the Community allocation, approximately 80% of the distribution is held by the Aptos Foundation, with the remaining portion held by Aptos Labs. These funds are earmarked to facilitate community expansion and support initiatives led by the Aptos Foundation. The remaining portion will be gradually unlocked on a monthly basis over the course of the next ten years.

Both Investors and core contributors are subject to a four-year vesting schedule commencing from the mainnet launch. Notably, the Aptos team has also unveiled plans for a token airdrop, involving the distribution of 20 million APT tokens to early testnet users on October 19, 2022.

Recently, Aptos Labs unveiled a multiyear collaboration with Microsoft aimed at simplifying the exploration of web3 for individuals and facilitating creators in shaping the internet's future. This partnership stems from the groundwork established over the past five years, as Aptos steadfastly pursued the realization of a decentralized and user-centric internet. In the current context, underscored by developer-centric principles, the collaboration between Aptos Labs and Microsoft establishes a secure foundation for creators. This enables them to prioritize end-user experiences and advance consumer-oriented innovations with confidence.

Average Fees on Aptos Blockchain

Every transaction executed on the Aptos blockchain necessitates a processing fee. Presently, this fee encompasses two distinct components: Execution costs and IO (Input/Output) costs. The final price of the processing fee is contingent upon several factors intricately tied to the nature of the transaction.

The average fees recently are somewhere around 0.075 APT.

Transacting the APT token with the third-party wallets or platform will also cause an additional transaction fee to be charged which normally would be within 0,01%-0,25%.

APT Token Wallets 

The APT token can be held in many popular crypto wallets, including Trust Wallet, Math Wallet, Atomic Wallet, Petra Wallet, Safepal, OKX Wallet, Coin98, Bitget Wallet, Fox Wallet, Blokto wallet, etc.

A Simple Way To Exchange Aptos Here At SwapSpace

Step 1
Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 1550 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2
Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3
Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4
Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

Exchanging Aptos: SwapSpace’s Video Tutorial

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