The Aptos ecosystem continued its upward trend in April, marking its seventh consecutive month of revenue growth. According to a report by Blockworks researcher Marc Arjoon, a significant portion of this growth, over 70% of the total revenue, was driven by the decentralized trading platforms Merkle and Thala Swap.
Adding to the positive indicators, the total supply of stablecoins on the Aptos network reached a new historic peak of $1 billion during April. This milestone reflects increasing liquidity and activity within the Aptos decentralized finance (DeFi) landscape.
