DeFi structure on the Aptos chain?

This year a clear trend has emerged: the combination of leading protocols has stabilized, with each serving its own function across different asset and risk tiers. Echo, Aries, TruFin, Kofi, and Aptin—these five projects have long maintained their spots in the top 10 by TVL, with their combined total value locked exceeding $370 million, making them the main pillars of Aptos’ financial layer.

Echo continues to lead with a TVL of $270 million, mainly due to aBTC liquidity and restaking. Essentially, it serves as the gateway for BTC capital on Aptos, providing inflow and yield for cross-chain Bitcoin.

Aries holds about $42 million, attracting many active users through high LTV APT lending. Here, it functions as the primary lending market, ensuring stablecoin and APT circulation.

TruFin, with $27 million, focuses on institutional staking/restaking and belongs to a more stable yield tier, offering an on-chain safe rate that closely aligns with real-world financial logic.

Kofi offers MEV-optimized liquid staking with a TVL of about $20 million and an annual yield of 7-8%, providing long-term liquidity for the Aptos PoS layer.

Aptin, with an algorithmic lending market of around $10 million, complements the on-chain interest rate structure, meeting the lending demand for small and mid-sized capitals.

Overall, these five projects cover almost all major financial pathways on Aptos:

BTC → stablecoins → lending cycle → staking → restaking → yield strategies

This is the current stable DeFi structure on Aptos: the leading protocols do not compete with each other, but instead perform their unique functions, forming a closed liquidity loop on the chain!

#KaitoYap @KaitoAI @Aptos $APT #Aptos #Yap