The new Messari report on Amnis Finance, the top liquid staking protocol on Aptos, has just been released. It’s the 3rd largest protocol on Aptos, driving DeFi liquidity.
Shout out to Drexel Bakker for the in-depth analysis of Amnis Finance which can be read about in the full report linked here:
Amnis uses a dual-token system: amAPT for liquid staking (1:1 with APT) and stAPT for auto-compounding rewards. Users can stake APT, stay liquid, and earn yield on Aptos DeFi.
$AMI, Amnis’ governance token, launches March 2025 with 1B total supply. 15% circulates at TGE, including 80M for air-drops. It powers the Amnis DAO and incentivizes adoption.
Last year, Amnis raised $2M in seed funding from OKX Ventures, Borderless Capital, and Aptos Labs. Funds will boost platform upgrades and Aptos ecosystem growth. TVL hit $393.5M at peak.
amAPT lets users skip APT’s 14-day unstaking period via $30M in DEX liquidity pools. stAPT auto-compounds rewards, with 81% of amAPT staked as stAPT (23.1M supply).
$AMI holders will govern the Amnis DAO, voting on staking fees (currently 7%) and protocol updates. It also rewards staking and liquidity provision, boosting ecosystem use.
Amnis partners with DEXs like PancakeSwap and lending platforms like Aries Markets. A 50M AMI retroactive air-drop rewards early users, pushing adoption further.
Led by Eric (ex-Nomura and Elliott Management Hedge Fund trader) and Patrick (ex-Google engineer), Amnis is set to expand yield tokenization and DeFi integrations on Aptos. Make sure to read the full Messari report