Aptos burned 159.6K APT over the past 30 days

@Aptos has burned 159,600 APT over the past 30 days, with cumulative burns since mainnet now reaching 1.8 million APT. The network's annualized burn rate currently sits at 1.9 million APT, according to the Aptos Foundation, as the effects of its sweeping tokenomics overhaul begin to take hold.

What Changed in the Tokenomics Overhaul

Proposal 183, passed in March 2026, introduced a 2.1 billion $APT hard supply cap, 100% gas-fee burns, and reduced staking rewards from 5.19% to roughly 2.6% annual rate. All three changes are now live. Gas fees were increased tenfold, though the base transaction cost remains near $0.00014, keeping Aptos practically free for users while generating more total fee volume for burning.

Before the proposal, there was no ceiling on how many tokens could ever exist. Now there is, and lifting it would require a fresh round of community governance. The vote itself was lopsided: Proposal 183 passed almost unanimously, with 335.2 million APT voting in favor and only 1,500 opposed, with participation reaching 39%, above the 35% quorum requirement.

The foundation will also permanently lock 210 million APT tokens. Future incentives will shift to milestone-based triggers, and a programmatic buyback program is under consideration.

Decibel DEX and the Path to Larger Burns

The bigger burn catalyst is still ahead. Decibel, Aptos' fully on-chain perpetuals DEX, launched in February 2026. Every order, match, and cancel occurs on-chain, resulting in high transaction volume. At scale, Decibel could burn over 32 million APT annually.

The math is straightforward: the more markets listed and products supported by Decibel, the higher operational throughput is necessary. As Decibel approaches 100 or more markets, it is projected to burn over 32 million APT per year, and as throughput scales toward 10,000 TPS and beyond, that burn rate grows commensurately.

The changes are designed to shift the network from an inflation-subsidized model built for early-stage growth toward one where supply declines and burns scale with actual network activity. For tokenomics specifically, supply pressure is expected to decrease materially starting in 2027.

Sources:
Aptos Foundation: Tokenomics Update (Official)
Crypto Briefing: Aptos overhauls tokenomics with 10x gas fees and 2.1B APT hard cap
KuCoin News: Aptos Implements 2.1B APT Hard Cap