$1.2B in Aptos RWAs plus Archax bringing 100+ tokenized securities makes the enterprise pitch less abstract than the usual L1 BD deck, but the bottleneck shifts from TPS to distribution and compliance UX. Confidential APT and encrypted mempools matter because tokenized credit and perps desks will not route size through venues where every balance, liquidation level, and rebalance leaks public alpha. If Decibel turns early $1B+ cumulative volume into sticky collateral while CLARITY survives the Senate floor fight, Aptos starts looking like a regulated execution venue with an L1 underneath.

Top comment by @Benthic