During the night, the Aptos blockchain went down for several hours, impacting the smooth running of transactions. The project teams believe that this incident was caused by a peak in activity on the occasion of the network’s first anniversary.
Aptos experiences several hours of downtime on its blockchain
This night, the Aptos blockchain (APT) suffered an outage lasting around 5 hours that led to blocked transactions. Several cryptocurrency exchanges such as OKX and Upbit have temporarily suspended withdrawals, citing “network maintenance”.
For its part, Aptos confirmed the outage, but didn’t really give any concrete reasons, other than a spike in activity due to an event celebrating the first anniversary of the blockchain launched on October 18, 2022:
“Your energy for Aptos One was so electric that you turned off the lights! This means for now that transactions on the network have been impacted. We are working diligently to resolve the issue and will keep you updated once complete. “
On the occasion of this anniversary, the Aptos community can indeed take part in the creation of a commemorative and collaborative NFT:
1/ Aptos Community, we’re celebrating AptosOne in style! Introducing Graffio: a unique canvas where YOUR art shapes a special commemorative NFT.
Dive in and be a part of Aptos history! pic.twitter.com/pKAaQtwhi3
– Aptos (@Aptos_Network) October 18, 2023
What about peak activity?
Despite the incident, the network is back to normal this morning :
The issue has since been resolved and the network is operating normally.
– Aptos (@Aptos_Network) October 19, 2023
Nevertheless, the various explorers of the Aptos blockchain are too imprecise to be able to judge the real impact of this spike in activity.
In the absence of more precise data for the last 24 hours, we can however note that October 17 would have been the 3rd day with the most transactions on the network, at nearly 1.8 million:
In addition, the blockchain reportedly peaked at nearly 6,000 transactions per second. By way of comparison, the teams behind Aptos announced a theoretical average capacity of 130,000 transactions per second at the time of the project’s presentation, showing just how far we still have to go.
This outage will enable developers to draw conclusions on how to improve blockchain performance during episodes of high demand.
At the time of writing, the APT token was trading at a price of $4.99, in 38th place in the CoinGecko rankings. As far as decentralized finance (DeFi) is concerned, the blockchain hosts a total locked value (TVL) of $63.71 million, placing it in 24th position.