Aptos burns 174K APT in 30 days as total burn hits 1.9 million

Aptos has been burning its native token faster than usual. Over the past 30 days, the Layer-1 blockchain destroyed 174,100 APT, according to a post on X, and has now burned 1.9 million APT since its mainnet went live. That sounds like a deflation story. The supply math tells a different one. Data from the network’s real-time supply dashboard puts the monthly figure at 174,195 APT as of mid-October 2026. Meanwhile, staking rewards are minting new tokens at a far quicker clip than fees are removing them. Where the burned APT comes from On Aptos, every transaction fee is burned. None of it goes to validators as revenue, and none of it sits in a treasury. Think of it as a toll booth that shreds every coin it collects. More traffic means more shredding. That design got a boost in 2026. A governance proposal raised gas fees on the network tenfold, which naturally increased the amount of APT burned with each transaction. Even after the hike, transactions stay cheap. The average gas fee sits at around $0.0005, which keeps sending stablecoins on Aptos close to free for ordinary users. The recent 30-day burn translates to an annualized pace of roughly 2.1 million APT. For a network whose cum...