Wrapped Aptos (Universal)

Wrapped Aptos (uAPT)is a tokenized representation of Aptos that can trade across multiple blockchains including Base, Polygon and Arbitrum. uAPT is backed 1:1 with Aptos token reserves under custody with Coinbase Prime. uAPT is an ERC20 token, enabling composability across DeFi applications. uAPT can be minted by providing the protocol with NEAR tokens and can be redeemed by burning the ERC20 token for the underlying APT.