Author: Haotian

It’s really eye-catching. According to Messari’s latest analysis of the system report of the @Aptos ecosystem, its The total locked TVL has exceeded 1 billion US dollars, an increase of 19 times year-on-year. Many people may not have the concept yet, and may instead think that Sui, which continues to pull the market, is the glory of the Move-based public chain in this round. However, if you understand the different development routes of Aptos and Sui, you may have different ideas. Next, let’s talk briefly:

1) From a historical perspective, both @Aptos and @SuiNetwork have former Internet giant Facebook (Meta) teams. They are all Move projects derived after the original stablecoin project Diem was suspended due to regulatory pressure.

Both of them have the background of major Internet companies, and both have advanced innovation and engineering implementation capabilities in the field of web2. Therefore, when it comes to Move, a cutting-edge public chain, Sui There must be Aptos, which can be called a Move duo;

The difference is that Aptos has inherited Diem's ​​genes and continued its technical route and development thinking. Next, Sui is close to web3 There are some application scenarios, and many technological innovations and explorations have been boldly made.

2) Taking the Move language, which is also the underlying language, as an example, Sui adopts the Object object as the center and the DAG (directed acyclic) data structure. Reduce the complexity of data communication to improve high performance. Although Aptos is also object-centric, it has the concept of Account. Therefore, it needs stronger processing capabilities for global data, which relies on its Block-STM parallel processing. Ability and BFT consensus mechanism.

In lay terms, Aptos is more like a big web2 company. Based on this BFT consensus mechanism and global transaction logic, it can push high-performance TPS to the extreme. , it is said that the theoretical maximum TPS can reach 160,000. This is the result of its Block-STM parallel execution of batch verification of batch transactions to maximize efficiency.

Therefore, on web3 Native may SThe ecology and innovation of ui are more deeply rooted in the hearts of the people, but when it comes to public chain technology and the future potential of the ecology, Aptos's focus on web2 thinking development orientation may bring about a comeback.

3) Just as what is presented in this report by Messari, it is obvious that Aptos has a great advantage in institutional adoption. For example, BlackRock has adopted it The BUIDL fund has expanded to Aptos; Bitwise has launched an activity to pledge ETP funds on the Aptos chain; Franklin Templeton and Libre have all deployed funds on Aptos. In addition, Tether (USDT) has launched a native contract on Aptos, and Circle (USDC) will also launch a native contract.

It can be seen that Aptos is very popular among traditional institutions and fund companies. This may be due to its more web2 thinking in terms of compliance, stability, security, etc. The "resource" advantage gained by being better than others.

Previously, such advantages may have been criticized as "traditional", but in the current market context where US crypto and ETF funds are the main driving axes, Aptos Such advantages will undoubtedly be further amplified.

Nowadays, Sui has experienced a round of explosive growth, which has opened up the market's imagination of the Move ecology, and is more biased toward large institutions and focusing more on steady development. Aptos, which is more focused on big finance and big infrastructure, is waiting for a pump moment.

4) Because Aptos is more "compliant", Aptos tokenizes real assets (RWA) and the Bitcoin ecosystem ( BTCFi) as the core strategy of ecological development. For example, Aptos cooperated with @OndoFinance to introduce USDY into the ecosystem and integrate it with its main DEX and lending applications. It also cooperated with Probase to explore real estate tokenization projects. Aptos It also participates in the BTCFi ecosystem through its ecological project @EchoProtocol_, and provides 10% APY bottoming for native BTC flowing into the Aptos ecosystem, etc.

Obviously, Aptos’ strategic layout determines its preference for future innovation narratives, which is consistent with other current ecological development DeFi and its preference for short-term hot topics.The attitude towards the Fomo effect is completely different. Anyway, we always focus on a steady and steady approach, just wait and see when new narratives such as RWA+BTCFi can see the light of day.