Aptos Burns 174,000 APT In A Month, Yet Token Supply Keeps Rising

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: Aptos reports roughly 174,570 APT burned in the past 30 days, but gross staking issuance is about 1.5 million APT a month. Fee burns reduce issuance; they have not made the token deflationary. Burning tokens sounds attractive to investors until the other side of the supply equation comes into view. Aptos provides a useful example. The network’s own supply dashboard shows about 174,570 APT destroyed through transaction fees over a 30-day period. Unlike fees paid out to validators, these tokens are permanently removed from circulation. It is an increasingly visible feature of Aptos’s token economics as the chain handles more activity. But the amount being created is larger. The same dashboard puts gross monthly staking emissions at approximately 1.5 million APT, leaving net new supply of roughly 1.4 million tokens a month after accounting for burns. That is why a rising burn figure should not be described as proof that APT has become deflationary. The dashboard also reports an average transaction fee of around $0.0006 in its network comparison. Such low fees can be attractive fo...