- Aptos launches VibrantX, a platform simplifying DeFi portfolio management and rewarding users with a dynamic points system.
- Aptos Labs expands its blockchain services globally by acquiring HashPalette and becoming the exclusive blockchain provider for EXPO 2025.
With the launch of VibrantX, a platform meant to streamline and standardize decentralized finance (DeFi) operations inside its ecosystem, Aptos has taken a risk. Positioned as a hub for DeFi portfolio management, VibrantX offers users dashboards for portfolio management and yield optimizers.
By means of a points system that honors participation in events including lending, staking, and liquidity provision, the platform aims to draw both current and new users with the VibrantX Points Season.
📢 Ecosystem Spotlight: @VibrantXFinance
🌟 Introducing VibrantX: The one-stop destination for your DeFi portfolio, aiming to be the front page of Aptos.
From a recently launched Points Season to skyrocketing growth, a quick overview of their vibrant (no pun intended) 2024 🧵 https://t.co/XAWalH0jlV
— Aptos (@Aptos) October 11, 2024
VibrantX Strengthens Its Role Through Strategic Partnerships in the Aptos Ecosystem
Designed to be adaptable and inclusive, the points system lets users build points retroactively from as early as January 2024. Early adopters will find the platform’s first lending and staking options rewarding since those who participate will see their points reflect past behaviors.
The site has also instituted a referral program whereby the referred user receives a points bonus in addition to prizes for the referrer.
Additionally focused on relationships to improve its environment is VibrantX. To increase the use cases for its points program and hence enhance the DeFi experience for its users, the team is aggressively looking for joint ventures with elite partners.
These partnerships will probably lead to more chances to accumulate and use VibrantX points as the platform expands, therefore strengthening its role as a major participant in the Aptos ecosystem.
Apart from extending its DeFi powers with VibrantX, Aptos has been causing waves all around. As we previously reported, Aptos Labs acquired HashPalette and combined Palette Chain to increase Web3 usage and extend blockchain capabilities in Japan.
This deliberate acquisition fits the Aptos larger goal of leading in blockchain innovation. Moreover, Aptos, which presents its technology on a worldwide level, has become the only blockchain provider for the EXPO2025 Digital Wallet in Osaka.
Meanwhile, the native token APT is trading around $8.54 at the time of writing; it shows a 5.16% rise over the last 24 hours and a 38.53% increase over the last 30 days.