Messari releases Aptos Q1 report: DeFi TVL increased by 376% month-on-month, and APT circulating market value increased by 127% month-on-month

Messari released the Aptos Q1 status report, the highlights are as follows: -Aptos DeFi TVL increased by 376% month-on-month to US$573 million. Driven by the incentive plan, the lending protocol Aries Markets TVL increased by 714% month-on-month to US$249 million, becoming the protocol with the highest TVL in the Aptos ecosystem. -The Aptos Foundation has partnered with Jambo to launch the JamboPhone, a $99 phone that integrates Aptos' ecosystem, such as the Petra wallet and the Web3 education platform Jambo application; -The protocol upgrade implements keyless and Passkey accounts, allowing users to create Aptos accounts and sign transactions through Web2 logins, passwords (such as Face ID), or other WebAuthn credentials; -Kana Labs launched Paymaster in mid-February, enabling entities to sponsor transaction fees on behalf of end users. Paymaster sponsored 8.5 million transactions in Q1, accounting for about 21% of the total Aptos transactions in the same period; -APT's circulating market capitalization increased by 127% month-on-month to $6.6 billion, ranking 22nd among all tokens. As more supply unlocked this quarter, APT's price rose less than its market capitalization, but it still rose 76% month-on-month.