What are the differentiated advantages of Aptos compared to Sui?

Author: Haotian

It is really eye-catching. According to Messari's latest analysis of the @Aptos ecosystem system report, its total locked TVL has exceeded 1 billion US dollars, a year-on-year increase of 19 times. Many people may not have a concept yet, but they think that Sui, which continues to pull the market, is the glory of this round of Move-related public chains. However, if you figure out the different development routes of Aptos and Sui, you may have different ideas. Next, let me briefly talk about it:

1) From a historical perspective, both @Aptos and @SuiNetwork have the presence of the former Internet giant Facebook (Meta) team, and are Move-related projects derived from the original stablecoin project Diem after it was suspended due to regulatory pressure.

Both have backgrounds in large Internet companies, and both have advanced innovation and engineering implementation capabilities in the field of web2. Therefore, when it comes to the new public chain of the Move series, there must be Sui and Aptos, which can be called the two heroes of Move;

The difference is that Aptos inherits the genes of Diem and continues its technical route and development thinking. In contrast, Sui is closer to the application scenarios of web3 and has made many bold technical innovations and explorations.

2) Taking the Move language, which is also the underlying language, as an example, Sui adopts an Object-centric and DAG (directed acyclic) data structure to improve high performance by reducing the complexity of data communication. Although Aptos is also object-centric, it has the concept of Account, so it needs to have stronger processing capabilities for global data, which relies on its Block-STM parallel processing capabilities and BFT consensus mechanism.

To put it simply, Aptos is more like a web2 giant. Based on this BFT consensus mechanism and global transaction logic, it can push high-performance TPS to the extreme. It is said that the theoretical maximum TPS can reach 160,000, which is the result of its Block-STM parallel execution of batch transactions and batch verification, which maximizes efficiency.

Therefore, in terms of web3 Native, Sui's ecology and innovation may be more popular, but in terms of public chain technology and ecological future potential, Aptos pays more attention to the development of web2 thinking and may win back a game.

3) As presented in this report by Messari, it is obvious that Aptos has a great advantage in institutional adoption. For example, BlackRock has expanded its BUIDL fund to Aptos; Bitwise has launched an activity to pledge ETP funds on the Aptos chain; Franklin Templeton and Libre have deployed funds on Aptos. In addition, Tether (USDT) has launched a native contract on Aptos, and Circle (USDC) is also going to launch a native contract.

It can be seen that Aptos is quite popular with traditional institutions and fund companies. This may be the "resource" advantage gained by its more web2 thinking in terms of compliance, stability, security, etc.

Previously, such advantages may have been criticized as "traditional", but in the current market context where the US crypto government and ETF funds are the main driving forces, such advantages of Aptos will undoubtedly be further magnified.

At present, Sui has experienced a round of explosive growth, which has opened up the market's imagination of the Move ecosystem, while Aptos, which is more inclined to large institutions, pays more attention to steady development, and focuses more on large financial infrastructure, is just waiting for a Pump moment.

4) Because Aptos is more inclined to the tone of "compliance", Aptos regards the tokenization of real assets (RWA) and the Bitcoin ecosystem (BTCFi) as the core strategies for the development of the ecosystem at the ecological level. For example, Aptos cooperated with @OndoFinance to introduce USDY into the ecosystem and integrate it with its main DEX and lending applications, and cooperated with Probase to explore real estate tokenization projects. Aptos also entered the BTCFi ecosystem through its ecological project @EchoProtocol_, and provided a 10% APY bottom line for the native BTC flowing into the Aptos ecosystem, etc.

Obviously, Aptos’ strategic layout determines its preference for future innovative narratives, which is completely different from the attitude of other ecosystems that are currently developing DeFi and prefer short-term hot spots and Fomo effects. Anyway, it always focuses on a steady and steady approach, just waiting for the dawn of new narratives such as RWA+BTCFi.