Interview with Aptos Foundation SVP: Four Major Ecosystem Strategies to Build the World's Fastest Dollar Circulation Network

Chainfeeds Guide:

Explore the differentiated ecological layout of Aptos under the new cycle and new public chain competition landscape, as well as its future growth strategy under the core vision of becoming a "global trading engine".

Source:

Author:

TechFlow

Opinion:

Ash Pampati: The current Aptos ecosystem is like a sleeping giant awakening. We adhere to a unique philosophy: we believe the next unicorn will be born from Web3 native founders. While the attention of institutions and enterprises is important, we need people who live and work in the Web3 industry every day to help guide development. This is also one of our core criteria when screening ecosystem projects. Specifically, the Aptos ecosystem revolves around four important dimensions: 1) DeFi sector: We see DeFi as the cornerstone of the global trading engine. By introducing native DEXs, Aptos is concentrating liquidity and making significant breakthroughs in building trading platforms. For example, Hyperion, which was incubated in February in cooperation with our official Chinese-speaking community organization Movemaker, became a top DEX in the Aptos ecosystem by June, and completed its TGE in July. This is exactly the ecological growth paradigm we expect. 2) Money markets and lending: We have partnered with Aave to deploy its first non-EVM chain version, reflecting institutional trust in Aptos, especially in conjunction with enterprise-grade technologies such as Chainlink. Such collaborations lay the foundation for institutional capital to move on-chain. At the same time, we have also seen significant growth in products like XBTC and BTC Fi, which allow bitcoin to play a greater role in DeFi, especially in the Asian market. 3) Innovative project layout: We are very optimistic about the native exchange Decibel incubated by Aptos Labs. The high-performance blockchain built by Aptos is crucial for onboarding billions of users, whether it is crypto assets, traditional assets, or innovative things such as streaming media and AI that have not yet entered the Web3 field. Trading is the core link, and we are building a global trading engine to support these innovations. The decentralized storage project Shelby, jointly developed with Jump Crypto, is equally critical: it may sound a bit dull, but we firmly believe there is a better solution for cloud storage. Shelby not only provides a lossless experience at a lower cost than Web2 services like GCP/AWS/Azure, but also reshapes the value exchange between creators and users through the Web3 incentive model. 4) Breaking through data bottlenecks: Data has always been a core obstacle for Web3 to go mainstream. Shelby solves this pain point with a disruptive storage solution, paving the way for applications with a user base of billions. When I look at the Aptos ecosystem, I can confidently say it is like a sleeping giant. We are at the beginning of a grander era, and the innovations we are making will power the next stage of Web3 development. The long-term strategic core of Aptos is DeFi. First is stablecoins. Since our inception, we have paid close attention to stability. Our original intention was to enable every dollar to circulate efficiently and securely in an application ecosystem with billions of users. We have recently integrated three major mainstream stablecoins: USDT, USDC, and USDe, and have also accessed PayPal USD via LayerZero. Compared to Ethereum, Solana, etc., although we are young, we have managed to integrate so many stablecoins in a short period of time. Taking USDT as an example, Aptos has now become the second largest native deployment chain for USDT, second only to Tron. What does this mean? For better adoption, stablecoins naturally choose the best technology stack. For us, this is not only a critical moment for Aptos, but also a time when technology should truly be seen and appreciated in Web3. One of the most important missions now is to bring a billion users on-chain. Second, I think the inclusiveness of DeFi is very important, such as enabling my father or your relatives and friends to get started. This inclusiveness is less correlated with market trends, but is a more reliable way to allow funds to enter a global, permissionless economy and generate utility. Rain or shine, we believe inclusive DeFi is the key to large-scale user adoption. Next is how to apply this mechanism to trading, which is exactly why Decibel is so interesting and important. Decibel is a trading platform deployed on Aptos. It is not just about high-risk perpetual contract trading, but emphasizes earning yields, using yields as collateral, and a series of functional combinations that make capital flow more efficiently. The reason I jokingly say "DeFi is a bit boring" is simply because we've been talking about this word for ten years. We prefer to build a "global trading engine"—this term may not be as catchy, but its significance is enormous.