Co-founder & CEO @AptosLabs. Building the global trading engine & decentralized cloud. Ex @Meta Libra/Diem crypto techlead. Supercomputing PhD. @CFTC GMAC sub

Joined July 2011
AI trading on @DecibelTrade. 🫳🎤
Trading on @DecibelTrade is getting a new interface: words. Agent Mode is opening in early access. Traders can ask what's moving, ask why, and have it build the order ticket, all in one conversation. Nothing executes until the trader confirms. Every confirmed order is settled onchain on Aptos.
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AI is the frontier. Awesome to see our lead investors repositioning their latest fund in this direction!
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avery.apt 🇺🇸 retweeted
In March, the SEC concluded $APT is a digital commodity. Now, @AptosLabs and five other blockchain organizations have submitted a joint comment letter that commends the SEC's work and asks it to reflect the "digital commodity" classification in the rule text itself.
In March, the SEC concluded APT is a digital commodity, not a security. Aptos Labs joined @hedera, @AvaLabs, @StellarOrg, @Cardano_CF, and @chainlink in a joint comment letter to @SECGov on proposed Regulation Crypto Assets, asking it to codify that in the rule text.
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Very happy to see how quickly the @SECGov and @CFTC have moved innovation forward. American innovation is well and alive.
.@chainlink is proud to partner with @hedera, @Aptos, @AvaLabs, and @StellarOrg in urging the SEC to codify its digital commodity framework. Builders need lasting certainty. Codifying this progress would be a meaningful step toward keeping America the home of digital asset innovation. H/t @jackson_mueller for leading this effort 🫡
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avery.apt 🇺🇸 retweeted
Simple parameter changes can materially improve a network’s tokenomics. In March, @Aptos tokenholders voted to raise gas fees 10x and halve staking rewards. No new mechanism was needed as Aptos has burned every gas fee since launch. However, at the old prices that burn covered just 0.2% of issuance (now ~10%). The repricing moved both sides at once. The burn went up while validator commission roughly halved along with issuance, and Token Holder Net Income went from around -ve $130K a week in January to positive by May. Demand held as well. Daily transactions doubled to ~9M even at 10x the old fees, which is why the network now burns more in gas fees than it pays its operators.
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The first decentralized, verifiable front running protection is now live in @DecibelTrade! Trading infrastructure has a choice: collect MEV from users or protect users from MEV. @Aptos chooses the later.
Front-Running Protection: ON. Your order shouldn't become someone else's signal. Order details stay encrypted while pending. Once confirmed, the resulting trade remains verifiable onchain. Encrypted before. Verifiable after. Now live on Decibel.
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Being fastest is wonderful. Being #1 in security and reliability is something we are more proud of. Enterprise use cases require all 3.
Fast apps start with fast blocks Among L1s, the quickest chains produce blocks up to 167x faster than the slowest. Milliseconds versus seconds is a gap users feel every day. See who has the fastest and smoothest UX right now 👇 📊 chainspect.app/dashboard?sor…
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avery.apt 🇺🇸 retweeted
1/ Aptos tokenholders overhauled APT’s tokenomics through governance votes in under a month, and the network now generates more from gas fees, which it burns, than it pays its operators. Token Holder Net Income (THNI), a Blockworks Research metric, turned positive in May and has held since, while Ethereum and Sui still run negative and Solana sits only marginally positive.
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avery.apt 🇺🇸 retweeted
Where $APT tokenomics stand after the updates first proposed in February. Approved through onchain governance: • Gas fees set 10x higher • Staking rewards halved from 5.19% to 2.6% • Supply hard-capped at 2.1B APT Per @blockworksres, burns now cover ~10% of issuance, up from 0.2% under the previous gas rate, and daily transactions doubled after the change.
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The accelerating quantum advancement and cryptography research with AI means the following: 1) Longer-term, software is going to be highly secure and nearly unbreakable. Code will be written by specifications that can be formally verified. 2) Short-to-mid term, weaker software and math will break. 3) Crypto agility (e.g., the ability to rotate to quantum-safe cryptography easily) is necessary for serious financial infrastructure. 4) Decentralized infrastructure must be fast reacting to new and unexpected threats. A payments and/or trading network being offline for days is unacceptable.
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avery.apt 🇺🇸 retweeted
Encrypted Mempool. Now live on Aptos mainnet, it lets users opt in to encrypt a transaction's details until block ordering is finalized, lowering the risk of MEV attacks. Built for traders, institutions, AI agents, and builders. More via @Cointelegraph: cointelegraph.com/news/aptos…
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Happy 4 years of @Aptos mainnet! The tech and products have seen innovation after innovation (it is 8 years including the work we did at Libra/Diem at Meta) but we are still so early on this journey!
Happy 4th Birthday, Aptos 🎂
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Offchain transactions are basically measuring nothing. Anyone can record an offchain state change of 10 trillion per microsecond since none of it happens onchain. The benchmark to beat for a distributed, horizontally scalable infrastructure is Shardines - already shown 1M+ TPS - reproducible over 1.5 years ago. medium.com/aptoslabs/shardin… Also with MonoMove 10x-50x+ more performant than before, pretty much unbeatable.
I’m bullish on $SUI, but digging into its 40M TPS claim gave me serious RH's deceptive marketing vibes. It relies on off-chain channels bypassing L1 consensus. By that logic, $SOL, $APT, or any performant chain could claim 50M+ TPS. Even CertiK’s SUI audit says it 👇
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avery.apt 🇺🇸 retweeted
Aptos processed 273.41M transactions in the past 30 days, 4.87x Ethereum's 56.17M. It also topped Coinbase's Base network, which handled 261.84M over the same period. @Aptos
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Confidential assets Confidential trades Confidential accounts Confidential tech is the right path forward.
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avery.apt 🇺🇸 retweeted
A journey starts as video. At scale, it becomes spatial intelligence. @PathPulse_AI is building a real-time picture of road conditions, movement and safety from video captured across the physical world. As that footprint grows, the data layer behind it has to keep up. As the PathPulse team puts it: “To map the world in real time, you need a powerful foundation. Shelby has been an amazing partner for PathPulse.ai, giving us the reliable, global network we need to stream live road insights and keep our drivers moving safely.” The infrastructure behind spatial intelligence matters as much as the intelligence itself.
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avery.apt 🇺🇸 retweeted
Aptos Adds Three Layers Of Onchain Privacy Aptos (@Aptos) aptos:native now has three opt-in privacy features live on mainnet, each covering a different part of onchain activity. Keyless Accounts allows users to generate wallets while remaining anonymous because there is no direct link between identity and blockchain address. Confidential APT obscures balance amounts while Encrypted Mempool protects transactions from MEV attacks.
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It’s time for blockchains to commercialize and modernize the financial rails for payments and trading.
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avery.apt 🇺🇸 retweeted
It's true! & it's pretty cool: 1. Every 2 hrs, our validators run a minimally-interactive distributed key generation (DKG) protocol to generate a decryption key for the next consensus epoch 2. This DKG needs Chunky, our *novel* publicly-verifiable secret sharing (PVSS) scheme
LATEST: 🔒 Aptos launched an optional Encrypted Mempool that keeps transaction details hidden until their ordering is finalized, which can help prevent bots from exploiting pending trades.
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