Decibel Achieves $7 Billion Total Trading Volume on Aptos Blockchain
Decibel, the decentralized exchange (DEX) built on the Aptos blockchain, has reached a total trading volume of $7 billion. The Aptos Foundation announced that over $1 billion in this volume came from third-party apps using Decibel's Builder Codes program, which allows external applications to integrate with its shared orderbook and earn revenue based on their contribution. Decibel operates as an open-orderbook DEX where trades settle directly on the Aptos blockchain. Each trade burns a small amount of APT tokens, reducing the token’s circulating supply over time. The platform also reported distributing 486,543 AMPs in Week 29 of Season 1 across more than 1,500 wallets. The milestone follows recent integrations like BitGo's wallet connectivity to Decibel, which enables institutional clients to trade directly from their self-custody systems without altering approval workflows. This growth highlights the increasing adoption and utility of decentralized trading infrastructure on Aptos.
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Topics: Aptos Builder Codes Decibel DEX volume