What are the differentiated advantages of Aptos compared to Sui?
Aptos is favored by traditional institutions and fund companies, which may be attributed to its more web2 mindset that offers advantages in compliance, stability, and security, resulting in a "resource" advantage.Author: Haotian
Truly eye-catching, according to Messari's latest analysis, the system report on the @Aptos ecosystem shows that its total locked value (TVL) has surpassed $1 billion, a year-on-year increase of 19 times. Many people may not have a clear concept and might think that the continuously rising Sui is the glory of this round of Move-based public chains, but understanding the different development paths of Aptos and Sui may lead to a different perspective. Next, let’s briefly discuss:
1) From a historical perspective, both @Aptos and @SuiNetwork have ties to the former internet giant Facebook (Meta), both emerging from the original stablecoin project Diem, which was halted due to regulatory pressure.
Both have backgrounds from internet giants and possess advanced innovation and engineering capabilities in the web2 field, so when it comes to new Move-based public chains, where there is Sui, there is Aptos, making them the twin heroes of Move.
The difference lies in that Aptos inherits the genes of Diem, continuing its technical route and development thinking, while Sui is closer to web3 application scenarios, boldly making many technological innovations and explorations.
2) Taking the underlying Move language as an example, Sui adopts an object-centric approach and a Directed Acyclic Graph (DAG) data structure, enhancing high performance by reducing data communication complexity. In contrast, while Aptos is also object-centric, it incorporates the concept of accounts, thus requiring stronger global data processing capabilities, relying on its Block-STM parallel processing capability and BFT consensus mechanism.
In simpler terms, Aptos aligns more with web2 thinking; based on this BFT consensus mechanism and global transaction logic, it can push high-performance TPS to the extreme. It is said that theoretically, the maximum TPS can reach 160,000, which is the result of optimizing efficiency after the Block-STM parallel execution of batch transactions.
Therefore, in terms of web3 native, Sui's ecosystem and innovations may resonate more deeply, but regarding the future potential of public chain technology and ecosystems, Aptos's focus on web2 thinking development orientation may gain an advantage.
3) As clearly presented in Messari's report, it is evident that Aptos has a significant advantage in institutional adoption. For instance, BlackRock has expanded its BUIDL fund to Aptos; Bitwise has launched staking ETP fund activities on the Aptos chain; Franklin Templeton and Libre have deployed funds on Aptos. Additionally, Tether (USDT) has launched native contracts on Aptos, and Circle (USDC) is also set to launch native contracts.
It is clear that Aptos is favored by traditional institutions and fund companies, which may be due to its more web2 thinking, excelling in compliance, stability, and security, thus gaining a "resource" advantage.
Previously, such advantages might have been criticized as "traditional," but in the current market context driven primarily by the U.S. crypto government and ETF funds, such advantages of Aptos will undoubtedly be further amplified.
Currently, Sui has already experienced a round of explosive growth, expanding the market's imagination of the Move ecosystem, while Aptos, which leans more towards large institutions, emphasizes steady development and focuses on large finance and infrastructure, is just waiting for a pump moment.
4) Precisely because Aptos leans towards a "compliance" tone, it has positioned the tokenization of real-world assets (RWA) and the Bitcoin ecosystem (BTCFi) as core strategies for ecological development. For example, Aptos has partnered with @OndoFinance to integrate USDY into its ecosystem with its main DEX and lending applications, and has collaborated with Probase to explore real estate tokenization projects. Aptos is also entering the BTCFi ecosystem through its subsidiary project @EchoProtocol_ and providing a 10% APY for native BTC flowing into the Aptos ecosystem.
Clearly, Aptos's strategic layout determines its preference for future innovation narratives, which is starkly different from the current attitude of other ecosystems developing DeFi and favoring short-term hot FOMO effects. In any case, it consistently aims for a steady approach, just waiting for when new narratives like RWA + BTCFi can see the light of day.
