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staking

Amnis Finance

Rejected
Max sleeve
Reviewed
2026-08-15 · v1
Next review
2026-11-15
Chains
Aptos

Rejected venues wait the longest for re-review; a rejection has to earn another look before the scheduled date.

Amnis Finance is an Aptos-only liquid-staking protocol with a dual amAPT/stAPT token model and Aptos validator delegation. The 2026-08-15 endpoint reported about $3.42M. Size is secondary: minting, validator allocation, reward accounting, unstaking, DEX liquidity and every protocol contract settle on Aptos, which is outside the approved chain perimeter. The standing v1 rejected-chain disposition therefore controls before Amnis-specific quality or TVL can make the product eligible.

The research file

Mechanism and chain applicability

Amnis documents Aptos liquid staking in which users deposit APT, receive amAPT and may stake it for reward-accruing stAPT. Protocol contracts delegate APT across whitelisted validator nodes, calculate performance and provide slow or quick withdrawal paths. Every staking receipt, reward update and redemption is implemented through Aptos accounts, validators and Move contracts.

Current observation and perimeter

The DefiLlama protocol API read on 2026-08-15 classified Amnis Finance as Liquid Staking, reported approximately $3.42M and listed only Aptos. Amnis’s current documentation and MiCA technology disclosure likewise identify Aptos as the deployment and describe amAPT, stAPT and AMI as Aptos-compatible assets. No approved-chain deployment is evidenced.

Control, loss and exit applicability

Amnis whitelists validator nodes, manages reward allocation and exposes protocol and token contracts. A slow withdrawal depends on the Aptos staking-release path, while quick withdrawal depends on Aptos DEX liquidity and the amAPT/APT peg. Audits and validator monitoring can reduce product-specific risk but cannot remove dependence on Aptos finality, infrastructure and governance.

Why the shared dossier decides

The v1 rejected-chain disposition controls because all currently investable Amnis products settle on Aptos. This is a chain exclusion, not a finding that Amnis failed an individual staking review. Reopen only if Aptos passes the chain framework or Amnis deploys material independently verified liquidity on an approved chain; then review validator distribution, roles, audits, incidents, reward accounting and proposed-size exits.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

Inherited controls

The verdict above grades the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The least safe layer sets the position’s grade, and the position table names which one that is.

ChainVerdictGradeControl constraint
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