Aptos Governance Vote Targets MEV Reduction via Encryption
Aptos (APT)
Editor:
Eugene Serbin
Lookonchain.com reports that Aptos Governance Proposal #206 is currently undergoing a voting process to activate ChunkyDKG V1 full mode. This upgrade introduces an encrypted_transactions feature designed to mitigate front-running and MEV risks. The mechanism utilizes distributed key generation to hide transaction content before it enters consensus ordering.
Validators then collaborate to decrypt the data after the fact. Voting on this proposal is scheduled to close on October 6. Yes votes currently account for nearly 100% of the total.
However, voter turnout stands at only 2.69%. This figure falls short of the required 24.8% quorum. The proposal aims to enhance privacy without altering the core consensus mechanics.
How the market reacted
Whalio's own Binance spot order flow for APT, measured when this story was written up on 5 October 2026. Not the outlet's figures.
APT is trading at $0.8016 with a 1-hour buy ratio of 62.8%, indicating strong immediate buying pressure. This contrasts with the 4-hour buy ratio of 52.1% and the 24-hour ratio of 49.1%, suggesting short-term momentum is outpacing longer-term trends. The Volume Delta shows +$107,084 in the last hour, adding to a +$82,250 delta over four hours. Over 24 hours, the delta is -$89,929, showing that recent inflows have not yet offset earlier outflows. The Cumulative Volume Delta closed at +$161,493, indicating net buying pressure over the full day. Traders have seen net buying activity for 13 of the last 24 hours.
The latest daily buy ratio of 51.2% sits at the 79th percentile of the last 322 days, against a median of 49.3% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for APT, averaged over the days leading up to the story.
This activity follows a week where the 7-day average buy ratio was 48.1%, making today's 24-hour ratio of 49.1% slightly above average. Spot volume for the day was $5,037,273, which is 0.46 times the weekly average, marking a day of unusually low volume. The coin experienced a 7.3% price decline over the preceding eight days. Total Volume Delta for that period was -$3,829,986, indicating sustained selling pressure. Only two of the seven days saw net buying, highlighting the current day's relative strength against a weak weekly backdrop.