Aptos registers sustained rise in development activity, but here’s the issue

ambcrypto.com:

Aptos [APT] made an appreciable recovery since the USDC depegging episode, accumulating gains of over 27%, data from CoinMarketCap revealed.

While this behavior was exhibited by most coins in the crypto market, Aptos’ growing list of partnerships and product launches also had a significant part to play.

According to Santiment, the development activity on the chain hit a 5-month high. High development activity is indicative of the network’s commitment to upcoming launches and enhancements.

Source: Santiment

Read Aptos’ [APT] Price Prediction 2023-2024

EZ Finance, a multi-chain leveraged farming protocol, announced its mainnet launch on the Aptos platform recently. The decentralized finance (DeFi) protocol, whose test version was launched in January this year, will automatically transition from testnet to mainnet on 27 March.

Just like other decentralized exchanges (DEXes), EZ finance users can borrow multiple assets supplied by lenders to the liquidity provider (LP) pools.

It also integrates with other DEXes like PancakeSwap [CAKE] to enable users to access the highest APY across Aptos and Sui ecosystems.