Latest news with #Aptos
Business Insider
11 hours ago
- Business
- Business Insider
DeFi Cattos Unveils the Core Engine Powering Sustainable Web3 Gaming on Aptos
The first real-time battle RPG on Aptos is setting a new standard for on-chain gameplay and player rewards. As Aptos accelerates toward its vision of becoming the Global Trading Engine, the entire ecosystem is gaining momentum. Fueled by Bitcoin's new all-time highs, the broader market is resurging - and Aptos is riding that wave. With $APT surging over 40% and on-chain activity climbing, the Aptos ecosystem is witnessing a wave of positivity. DeFi infrastructure is evolving rapidly, with standout projects crossing $100M in volume just one week post-TGE. Now, the GameFi sector is making its move - led by a title that's reimagining on-chain gameplay from the ground up. Backed by Aptos Foundation: Commanding A Cattos Army in Real-Time Battles DeFi Cattos, the latest title backed by and grant-funded by the Aptos Foundation, has officially launched its mainnet gameplay. It merges strategic depth with casual accessibility. Players summon Catty Warriors, upgrade their power, and deploy to defeat waves of enemies across battle stages. Highlights include: No apps, no setup - players can dive into the action instantly at or through the browser at Community-Driven. Onchain-Proven. Since launching its initial campaign phase, DeFi Cattos has demonstrated exceptional scale: Over 160,000 players onboarded through tap-to-airdrop campaigns More than 100 million on-chain transactions have been recorded 3,000 Genesis NFTs sold out within 30 minutes Consistently ranked among the top gas consumers on Aptos - despite offering a gas-free experience The native token, $CATTOS, has witnessed a 22-fold increase since its DEX listing, reaching an all-time high market cap of $3 million. These milestones underscore the game's strong viral loop, community retention, and ability to drive mass-market appeal in the Web3 space. $CATTOS Token: Utility-Powered Progression The $CATTOS token is fully integrated into DeFi Cattos' core mechanics and allows users to: Upgrade and ascend Warriors Unlock premium loot and exclusive battle zones Deploy teams for idle rewards Prepare for upcoming governance and PvP seasons The tokenomics are designed to reward active participation, with the majority of emissions allocated to players. Launched alongside the game's TGE, the $CATTOS token is now fully live and tradable. Players can monitor the live chart on Geckoterminal and begin trading on Hyperion. The token follows a deflationary model: with a fixed supply of 700 million, emissions are halved each time 50% of the remaining supply is distributed — slowing inflation and reinforcing long-term sustainability. In-game, $CATTOS powers core mechanics such as hero upgrades, zone unlocks, and, soon, features like SSR-to-UR evolution and boss battles. The token also benefits from strong on-chain liquidity, with seamless swaps via Hyperion supporting active rewards and player trading. Part of a Big Vision: Funtasy and the Future of Aptos Gaming DeFi Cattos leads the charge for Funtasy, Aptos' AI-powered GameFi hub. With its native token expected to launch in Q4 2025, Funtasy is creating a platform where gameplay, token launches, and community engagement converge. Alongside the Mainnet Gameplay launch, players can also accumulate F Points through DeFi Cattos to qualify for the upcoming $FUN airdrop by Funtasy. This means that gameplay rewards not only $CATTOS but also F Points - further extending utility across the broader Funtasy ecosystem. As the ecosystem matures, DeFi Cattos serves as a proof point for how fun-first design and on-chain transparency can scale effectively together. About Defi Cattos DeFi Cattos, a high-performance GameFi frontier - delivering a fully on-chain, gasless RPG experience instantly playable via browser or Telegram. Built on Aptos' parallel execution and Move VM, DeFi Cattos offers frictionless Web3 gameplay with zero downloads or wallet setup required. It also marks the first flagship product in the Funtasy ecosystem — an Aptos-native GameFi and token launch platform built to supercharge user engagement and creator-driven growth. Contact CMO Aura Zhou Defi Cattos
Yahoo
3 days ago
- Business
- Yahoo
APT Surges 5% From Lows Despite Market Volatility and $960M in Altcoin Liquidations
Aptos' APT exhibited exceptional price volatility throughout the 24-hour trading period, establishing a comprehensive trading range of 5.4%, spanning from an absolute low of $4.53 to a session high of $4.79, according to CoinDesk Research's technical analysis model. The model showed that the period was highlighted by an explosive intraday rally at 14:00 on July 24, with price action accelerating from $4.59 to $4.75 accompanied by substantial volume of 3.64 million, creating robust volume-confirmed support at the $4.59 threshold. Post-breakout, APT sustained consistent trading above the $4.60 level, encountering significant resistance in the $4.75-$4.79 range, according to the model. The recent altcoin correction eliminated $960 million in leveraged positions throughout the cryptocurrency ecosystem. The bounce in Aptos came as the wider crypto market fell, with the broader market gauge, the Coindesk 20, recently down 0.6%. In recent trading, APT was 1.2% higher over 24 hours, trading around $4.695. Technical Analysis: The trading session included a significant retracement to $4.62 approximately at 07:53, forming a crucial support foundation before launching a sustained upward movement. Price action reached $4.67 near 08:06, illustrating substantial buying pressure and momentum alignment. The recovery sequence confirms the previously established support territory around $4.58-$4.60. APT effectively maintained ascending lows, indicating potential advancement toward the identified resistance zone near $4.75-$4.79. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Sign in to access your portfolio
Business Insider
16-07-2025
- Business
- Business Insider
Next-Generation DEX Hyperion Launches TGE
Aptos Foundation's LFM program participant, Hyperion, is redefining DeFi trading with on-chain scale, capital-efficient liquidity and $5B+ lifetime volume Hyperion, a high-performance decentralized exchange (DEX) built on the Aptos blockchain, has today launched its Token Generation Event (TGE), marking a major milestone for one of the fastest-growing DeFi projects on Aptos. Since launching its mainnet earlier this year, Hyperion has quickly established itself as a top-tier trading venue on Aptos, combining the speed and precision of an orderbook with the deep, composable liquidity of an AMM—all built for serious scale. Today, the platform ranks among the largest DeFi protocols on Aptos by total value locked (TVL), with over $130 million in TVL and $7 billion in cumulative trading volume. At the heart of Hyperion is its hybrid architecture: Concentrated Liquidity Market Maker (CLMM) for deep, capital-efficient liquidity accessible to all users Orderbook engine (to be released in Q4 2025) for pro-grade, precise and high-speed execution This dual model offers traders and liquidity providers a unified platform with real-time settlement, high throughput, and minimized slippage—enabled by the Move programming language and Aptos' Block-STM parallel execution engine. Beyond its core DEX functionality, Hyperion also offers an expanding suite of products to meet the evolving needs of traders, liquidity providers, and DeFi protocols. These include Hyperion Aggregator, a meta-aggregator that sources liquidity across multiple Aptos aggregators and DEXs, and Hyperion Vaults, which helps users maximize yield with minimal active management. Hyperion's products have been integrated into several Aptos-native projects like Kofi Finance, Moar Markets, Panora and Amnis Finance, creating a foundation for seamless composability across the Aptos DeFi ecosystem. "Hyperion is built to push the boundaries of DeFi on Aptos,' said Claire Zhao, Co-Founder and CEO of Hyperion. 'From day one, we've focused on speed, composability and efficiency. Our TGE is just the beginning to unlocking even greater liquidity, ecosystem growth and continued innovation. We're excited to embark on this next chapter together with our vibrant community of users, builders, and partners." Introducing RION Token and Community Campaigns As part of the TGE, Hyperion is launching its native token, RION—a cryptographically secure, fungible token at the core of the Hyperion ecosystem. RION enables key utilities including trading incentives, governance participation, and ecosystem rewards, empowering users and builders to contribute to and benefit from engaging with the Hyperion ecosystem. Dedicated campaigns will also accompany the launch, designed to give back to the Aptos community and strengthen engagement across the broader DeFi ecosystem. RION will initially be listed on Binance Alpha, where it will become the first IDO project to adopt a Bonding Curve dynamic pricing mechanism. This innovative approach allows early participants to enter flexibly based on real-time demand, while ensuring the entire token issuance process remains fully transparent, public, and market-driven. Scaling Beyond TGE Hyperion's growth has been accelerated through its participation in the Aptos Foundation's LFM program —an initiative designed to help Aptos-native projects successfully navigate key product milestones and launches. 'Hyperion is setting a new standard for DeFi infrastructure and exemplifies the kind of innovation the LFM program was designed to foster,' said Ash Pampati, Head of Ecosystem at Aptos Foundation. 'Their hybrid model, performance-driven design, and strong partner network showcase what's possible on Aptos. We're excited to see what they accomplish next.' Hyperion's TGE unlocks new opportunities for deeper liquidity, user participation and community governance, propelling its vision of a high-performance, composable DeFi foundation on Aptos. Post-TGE, the Hyperion team plans to continue rolling out additional products, integrations, and trading incentives to further expand its ecosystem. About Hyperion Hyperion is a high-performance platform powered by Aptos' parallel execution engine. By combining swap aggregation, market-making (CLMM and the upcoming DLMM), and vault strategies into one seamless on-chain experience, Hyperion is building the unified liquidity and trading layer of Aptos. Hyperion is incubated by BlockBooster and the Ankaa Accelerator Program, with strategic investments from OKX Ventures, Aptos Labs, Mirana Ventures and Maelstrom. To learn more about Hyperion, users can visit Alec
Yahoo
11-07-2025
- Business
- Yahoo
Aptos' APT Jumps as Much as 9% as Crypto Markets Explode Higher
Aptos's APT gained as much as 9% in the last 24 hours as crypto markets surged higher. Strong support was established at $4.57 with high-volume confirmation during the bounce, according to CoinDesk Research's technical analysis model. Technical targets point to $5.20 from $4.57 base, the model showed, with resistance at the $5.03 level. Aptos Labs named Solomon Tesfaye as Chief Business Officer for institutional partnerships, the company said in a tweet on X on Thursday. The rally in Aptos came as the wider crypto market also rose, with the broader market gauge, the CoinDesk 20, recently up 7%. Bitcoin (BTC), the world's largest cryptocurrency, also hit a new high of $118, 739. In recent trading, APT was 8.5% higher over 24 hours, trading around $4.99. Technical Analysis: Strong support established at $4.57 with high-volume confirmation during bounce Resistance level identified at $5.03 where price reversed despite elevated volume Volume spikes exceeded 2.2 million and 3.7 million during key acceleration periods Measured move projects potential targets near $5.20 from $4.57 low Higher low at $4.89 established during consolidation phase Final hour volume exceeded 64,000 confirming bullish sentiment Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
10-07-2025
- Business
- Business Insider
Aptos Labs Expands Leadership with New Chief Business Officer
Palo Alto, United States, July 10th, 2025, Chainwire Former Head of Capital Markets Solomon Tesfaye to drive enterprise and institutional partnerships as Aptos hits new growth milestones Aptos Labs, a high-performance blockchain technology company focused on building and developing on the Aptos blockchain, announced today the appointment of Solomon Tesfaye as Chief Business Officer. He was previously Head of Capital Markets at the company. Tesfaye's appointment comes at a pivotal moment for Aptos. The Aptos network has surpassed $540 million in tokenized real-world assets. Institutional integrations have doubled since the start of 2025, and greater regulatory clarity in the US around tokenization of assets is expected to further accelerate adoption. Together, these developments mark a critical inflection point for institutional engagement.. Solomon brings a strong track record in capital markets, led Aptos' real world asset strategy and has played a key role in building relationships with major financial and technology firms, like Blackrock, Franklin Templeton, and Apollo. Over the past ten years, he has held senior roles at the intersection of investment banking, venture capital, and the tokenization of real-world assets, working across a broad range of asset classes globally. He initially joined Aptos Labs to lead its capital markets initiatives. Additionally, during his tenure, he built key relationships with asset managers seeking to launch Aptos-linked exchange-traded products in Europe, U.S. spot ETFs, and other crypto-linked products. In this new role, Solomon will focus on: Drive Aptos adoption and expansion globally through partnerships with institutions and other market participants within fintech, payments, trading, and asset management Shape Aptos's competitive positioning in the global blockchain ecosystem by navigating regulatory landscapes, leading strategic alliances, advancing business initiatives, and contributing to industry thought leadership Leading efforts to align product offerings with market demand and manage digital asset strategies for scalable business impact Identify and lead initiatives that open new markets and use cases 'Solomon has been critical in shaping our Global Trading Engine vision, and forging the partnerships that will help make it a reality,' said Avery Ching, Co-Founder and CEO at Aptos Labs. 'As CBO, he'll be key to scaling that work, bringing more institutions, markets, and real-world use cases onto Aptos as global web3 adoption continues to accelerate.' 'It's a privilege to take on this role at such a pivotal moment, as regulatory clarity and market momentum align. With the U.S. nearing the completion of frameworks for next-generation financial services, Aptos Labs is well-positioned to lead the shift to on-chain assets and help shape the infrastructure of tomorrow's global markets,' said Solomon Tesfaye, Chief Business Officer at Aptos Labs. 'I'm excited to forge the partnerships and integrations that institutions and other market participants need to fully harness Aptos' tokenization capabilities at scale.' About Aptos Aptos is a next-generation Layer 1 blockchain. Aptos' breakthrough technology, scalable infrastructure and user safeguards are designed to power the next generation of financial systems by offering unparalleled high throughput and low latency that can scale to billions of users. Aptos Labs is dedicated to creating network tooling and seamless usability for users of the Aptos network, a next-generation high-performance public Layer 1 blockchain. Aptos Labs is backed by top-flight investors including a16z, Katie Haun, Apollo Global Management Dragonfly, PayPal Ventures, and Franklin Templeton Investments, among others.
