Latest news with #Aptos'
Business Insider
6 days ago
- Business
- Business Insider
Decibel, a New Onchain Trading Engine for Spot, Perps, and Yield Opportunities, Launches on Aptos
Supported by Decibel Foundation and Aptos Labs, Decibel delivers CEX-level performance with full transparency and capital efficiency. Decibel, a fully decentralized trading engine built for speed, scale, and composability, launched today on the Aptos blockchain. Developed by Aptos Labs in collaboration with the newly formed Decibel Foundation, Decibel brings together spot trading, perpetuals, and yield strategies into a single, high-performance system. It is designed to serve as an independent, neutral infrastructure for global onchain markets. Decibel is now live on Devnet. Users can explore the platform in an invite-only test environment, gaining simulated access to high-speed execution, cross-margin accounts, and composable yield strategies. Decibel unifies the performance of centralized exchanges with the transparency and flexibility of DeFi—all through a single wallet-native interface. Built on Aptos, the fastest Layer 1 blockchain in production, Decibel was designed to act as the execution layer within Aptos' broader financial stack. Alongside Aptos' natural fit for payments (for stablecoin infrastructure) and Shelby (for real-time, decentralized data storage), Decibel enables traders, developers, and institutions to move capital, execute trades, and access financial data instantly. It provides DeFi protocols on Aptos with unified liquidity, programmable automation, and real-time settlement—all composable by design. 'Decibel was designed to democratize access to sophisticated, scalable trading infrastructure,' said Oliver Bell, Board Director at Decibel Foundation. 'Decibel isn't just another DeFi protocol—it's the execution layer that will power the next generation of financial applications and services.' 'Decibel reflects what we've always believed at Aptos Labs, that the next generation of financial systems should be fast, open, and programmable,' said Avery Ching, Co-Founder and CEO of Aptos Labs. "This is a critical step towards the Global Trading Engine vision, where all assets are tokenized and tradeable onchain, and capital markets operate 24/7 without borders, Decibel helps reduce market fragmentation by bringing execution, yield opportunities, and capital efficiency into one unified system, where money moves better onchain.' "This is a very ambitious vision for the next generation of onchain trading,' said Jordi Alexander, CIO of Selini, a top-three global trader of onchain perps. 'If Decibel can pull off the performance and reliability outlined in the roadmap, it should be a step change for traders everywhere." Why it Matters The launch comes as demand for onchain infrastructure reaches new highs. In Q2 2025, DEX volumes exceeded $876B, and DeFi usage topped 14.2 million active wallets with over $48B in weekly transaction volume. However, many projects continue to depend on fragmented platforms and third-party exchanges, which can restrict composability and hinder broader ecosystem development. Decibel addresses these challenges by providing developers with direct access to order flow, real-time data, and programmable incentives, aiming to improve integration and system efficiency. How Decibel Works Decibel will support a multicollateral system where many assets can be used as collateral from a single cross-margin account, with users maintaining full self-custody of their assets while interacting with Decibel. Vaults can generate yield, and vault deposits can double as collateral. The decentralized architecture allows developers to permissionlessly build on top of Decibel, routing trade volume to Decibel via new trading interfaces, composable DeFi products, liquidity layers, and more. With Aptos' X-Chain Accounts, users can onboard from Ethereum or Solana without bridges or switching wallets. Aptos has led the blockchain space in throughput, finality (600ms), and ultra-low fees ($0.00005). With major performance upgrades on the horizon, Decibel is creating a highly optimized trading VM — integrating deeply with Block-STM and the rest of the Aptos stack — and working toward sub-20ms block times while scaling to 1,000,000 orders per second, aiming to rival the speed and efficiency of top centralized exchanges. Aptos Labs built the initial infrastructure for Decibel in collaboration with the Decibel Foundation, which will provide long-term support to the Decibel ecosystem. Aptos Labs will continue to contribute additional product development services in collaboration with Decibel Foundation. About Decibel Foundation The Decibel Foundation is dedicated to advancing the Decibel Protocol, a decentralized non-custodial trading engine designed for high-performance, full-stack trading of perpetual and spot digital assets. The Decibel Foundation supports protocol development, governance, and ecosystem growth to drive the future of onchain capital markets. 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.
Cision Canada
02-06-2025
- Business
- Cision Canada
Movemaker and alcove Launch US$200K Open-Source Initiative to Establish Secure Contract Library for Aptos Developers
Creating a Gold Standard for Truly Trustworthy, Reusable, and Auditable Infrastructure with the Aptos Move Secure & General Purpose Base Library HONG KONG, June 2, 2025 /CNW/ -- Movemaker, Aptos' official Chinese-speaking community, and alcove, the first Asia-based Move developer organization, today announced the launch of the Aptos Move Secure & General Purpose Base Library, an open-source initiative to standardize and strengthen the Aptos smart contract ecosystem. The initiative comes in response to growing concerns over on-chain security and fragmented development practices in the Web3 space. Backed by an initial US$200,000 in seed funding from Movemaker, the initiative will create a rigorously audited, reusable library of smart contract modules – covering critical areas such as access control, upgrade tools, DeFi primitives, and utility functions. The project aims to mirror the role of OpenZeppelin in the EVM ecosystem while leveraging the unique technical advantages of Move and Aptos, including resource-oriented programming, strong typing, and parallel execution. "Despite Move's inherent safety, we've seen developers repeatedly rebuild essential modules with varying quality and minimal audit coverage," said Kaito, Core Contributor at Movemaker. "This project aims to eliminate duplication, improve security, and accelerate dApp development by providing a trusted foundation for all Aptos developers." The initiative is open to all Aptos builders and will be governed through transparent, community-led development on GitHub, incorporating automated testing, formal verification via Move Prover, peer reviews, and bounty incentives. A full suite of tools and support will be provided for developers: Core Module Library: Reusable components including access control, module upgrades, DeFi primitives, and security utilities. Multi-language SDKs: Support for TypeScript, Python, Rust, Go, etc., to simplify on-chain operations. Standardized APIs: Easier blockchain data access and interaction interfaces for app developers. Developer Tooling Support: VS Code plugins, CLI extensions, debugging tools, and more for a better coding experience. Templates and Example Projects: Ready-to-use boilerplates to help you build your own dApps quickly. Developers can review details of the proposal and submit a PR here: The Aptos Move Secure & General Purpose Base Library initiative welcomes contributions from project teams, independent developers, and security experts to collaborate together and help shape a robust, reusable foundation for the future of Move-based smart contract development. About Movemaker Movemaker is an official community organization authorized by the Aptos Foundation, jointly launched by Ankaa and BlockBooster, focused on developing and expanding the Aptos ecosystem within Chinese-speaking regions. As Aptos' official representative in the region, Movemaker has received multi-million-dollar support and resources from the Aptos Foundation and is committed to building a diverse, open, and thriving ecosystem by connecting developers, users, capital, and partners. From DeFi and AI to payments, stablecoins, and RWA, Movemaker supports the deployment of innovative applications and drives real-world connections for Aptos technology. As a key bridge for Aptos in Asia, Movemaker combines local narratives with global vision to inspire more developer participation in the ecosystem. About alcove alcove is the first Chinese-speaking Move developer community in Asia, co-built with the Aptos Foundation, focused on supporting developers in building the next generation of Web3 applications using Move. The community brings together a large number of developers experienced in Move low-level development, contract security, and tooling—and has contributed practical expertise to numerous Aptos projects.
Business Upturn
21-05-2025
- Business
- Business Upturn
Hashed Emergent and Aptos Foundation Join Forces to Boost Web3 Innovation in India
About Aptos Network Aptos is a next-generation Layer 1 blockchain. Aptos' breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards. Please visit for more information on the Aptos blockchain. About Aptos Foundation Aptos Foundation is dedicated to supporting the development and ecosystem of the Aptos protocol. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. For more information about Aptos Foundation and its initiatives, users can visit: About Hashed Emergent Hashed Emergent is the venture capital arm of Hashed, backing builders from India and emerging markets shaping the on-chain frontier. It invests at the earliest stages of a web3 startup's journey, using its expertise, experience, and network to amplify their growth and success. The team is rooted in the cultural hubspots of web3 in emerging markets, spanning across Bangalore, Seoul, Singapore, Lagos and Dubai. Hashed Emergent drives web3 focused ecosystem and community expansion in these markets through its purpose-built initiatives, including hosting the India Blockchain Week Conference. For more information, visit: Click here for Media Contact Details Submit your press release Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences.
Yahoo
06-03-2025
- Business
- Yahoo
Bitcoin Crosses $90K as Trump Delays Canada, Mexico Auto Tariffs
In the latest whipsaw of headlines this week, Donald Trump's tariff delay Wednesday eased investor worries with bitcoin (BTC) leading the crypto market higher. The U.S. government confirmed to delay tariffs on auto parts coming from Canada and Mexico by one month just one day after enacting them. Germany's plan to ease debt limits for infrastructure spending and China hiking its target deficit also contributed to rebounding risk markets. BTC climbed just above $90,000 on the news, up 3.7% over the past 24 hours. Almost all assets in the broad-market CoinDesk 20 Index advanced, with bitcoin cash (BCH), Chainlink's LINK and Aptos' (APT) booking double-digit gains. Read more: Bitwise Files to Launch Aptos ETF The tech-focused Nasdaq and the broad-market S&P 500 were also up 1.2% and 1.5%, respectively, in the afternoon hours of the session. Crypto-related stocks also climbed higher from the early week lows. Crypto exchange Coinbase (COIN) was up 3.5%, while the largest corporate bitcoin holder Strategy gained nearly 10%. Trade tensions and geopolitical risk have taken center stage lately, weighing on investor sentiment, pressuring risk assets like U.S. stocks and digital assets lower. Similar risk off episodes have usually led investors to flee to the U.S. dollar, translating to downside pressure on crypto assets, said Joel Kruger, market strategist at LMAX Group. However, this time the U.S. dollar index (DXY) cratered to its weakest level since early November and is down more than 5% lower from its mid-January peak. "With Fed rate expectations shifting back to pricing more rate cuts than less in 2025 and with bitcoin capable of shining as a store of value asset, we believe there are plenty of reasons to expect bitcoin to be well supported on dips," Kruger said. Crypto analytics firm Swissblock noted that despite the wild price swings over the past few days, the firm's Bitcoin Fundamental Index, which measures the overall health of the network, held up relatively well. "Bitcoin's fundamentals are on the verge of shifting into the bullish quadrant, with sustained improvements in liquidity and network growth," Swissblock analysts said in a Telegram broadcast. "This strength suggests that BTC is unlikely to be driven into a bear market."
