I still remember the night I first encountered Aptos. Sitting in front of the screen, my heart was racing faster than usual. As a veteran who has been in the blockchain industry for several years, I've witnessed too many 'new chain launches,' but this time, Aave V3 deploying to Aptos truly gave me a sense of excitement about 'breaking the mold!' To be honest, I had grown accustomed to the rhythm of Ethereum and the EVM ecosystem, and I never expected that one day Aave would choose a non-EVM chain as its new home. It felt like an old friend suddenly deciding to venture abroad—both exciting and a bit concerning.
Aptos is not an EVM-compatible chain, which means the entire Aave codebase needs to be rewritten in the Move language. I imagine the development team burning the midnight oil to revise the code, as if I were participating in this technical migration myself. The Move language and Solidity represent completely different ways of thinking; refactoring is not just a language conversion but also a reconsideration of logic and security. Aave Labs has also specially rebuilt the interface for Aptos, adapting the protocol's business logic. Frankly, this kind of 'full chain migration' is quite rare in the industry, and every step is filled with challenges and drama.
What impresses me even more is their security strategy. The Aave and Chainlink teams have collaborated to provide production-grade price oracles for V3 on Aptos. Throughout the process, security researchers participated in every step to ensure that every line of code could withstand scrutiny. Multiple audits, the Cantina mainnet CTF competition, and up to $500,000 in GHO vulnerability bounties—this level of security investment truly makes me feel what 'security first' means. As someone who has been attacked by hackers before, I resonate deeply with this extreme pursuit of security.
Speaking of market details, the assets launched on Aptos this time include APT, sUSDe, USDT, and USDC. Initially, the supply and borrowing limits will gradually increase, as it's a new chain and risk control needs to be implemented step by step. Risk analysis is conducted by Chaos Labs and Llama Risk, while Chainlink is responsible for the price oracle. This lineup is truly a 'dream team' in the industry. In the future, as the market matures, more assets will be added, and the supply and borrowing limits will be higher. These changes can be tracked in real-time through Aave DAO's governance proposals, showcasing the industry's transparency and autonomy to the fullest.
When I used Aptos, my biggest impression was its speed and fees. As a Layer 1 blockchain, Aptos claims to support up to 30,000 transactions per second, with TVL exceeding $1 billion, and the transaction fees are so low that it feels a bit unusual; transactions are almost 'instantaneous.' Its ecosystem covers finance, social, gaming, advertising, and even loyalty, commerce, and advertising have dedicated applications. That feeling of 'one chain serving multiple purposes' really reminds me of the explosive growth of the early mobile internet.
If you also want to experience the charm of Aave on Aptos, the first step is to prepare a wallet that supports Aptos. Petra is currently the most popular choice, and I personally use it. Installation is simple; it can be a browser extension or a mobile app, supporting private key creation, social logins with Google and Apple, and even integration with Ledger hardware wallets. Once the wallet is ready, you can transfer assets to Aptos through a cross-chain bridge and then go to Aave's Aptos market to 'test the waters.'
Looking back at this 'migration' of Aave V3, I feel that this is not just a technological breakthrough but also a shift in the industry landscape. Over the past five years, Aave has been deeply embedded in the EVM ecosystem, and this time, embracing the non-EVM Aptos symbolizes that the DeFi world is becoming more diverse and open. For someone like me, who has witnessed the evolution of the blockchain industry all along, this change is both exciting and full of anticipation. Perhaps the next 'main character' is hidden within the new chains we explore together!
The future of the industry is quietly unfolding in these 'unconventional' innovations.🌟
