Momentum DEX Achieves $1B Trading Volume Milestone in Record Time

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Momentum Finance, the decentralized exchange on Sui Network, has flooded the market with over $1 billion in total swap volume just one month after launch, solidifying its position as one of the fastest-growing Decentralized Exchanges on the Sui Blockchain. With over 200,000 unique users and millions in trading activity across top tokens like $DEEP, $SUI, $WAL and $USDC, Momentum is quickly establishing itself as a core liquidity engine within the Sui ecosystem.

"We are thrilled to see such rapid adoption. In an unpredictable volatile market, Momentum is establishing itself as a future leader in the Sui Ecosystem. We're going to break records and reach even greater heights." - ChefWEN, Founder of Momentum

Before launching its flagship DEX, Momentum had already established itself as a key infrastructure player with Momentum Safe. It offered services such as token vesting, treasury management, and liquidity provisioning across the Move Blockchains with over $500 million in TVL, $1.8 billion in transaction volume, and over 35,000 active wallets. This strong foundation and ecosystem trust enabled a seamless transition into decentralized trading with the launch of its ve(3,3) DEX at the beginning of April.

The protocol was built over three years of development across Move-based ecosystems and was co-founded by ChefWEN, formerly a founding member of the Libra project at Meta (@ChefMMT_X on X), with backing from investors including Coinbase, Circle, Amber, Selini, and the Sui foundation, among others. 

Momentum has launched the Momentum Building Program, a long-term initiative that gives users the opportunity to earn “bricks” by trading, referring, and providing liquidity. Early adopters have the chance to secure a long-term stake in Momentum’s growth. Each brick earned contributes toward future MMT token ownership, voting power, and a share of 100% of protocol fees and incentives distributed weekly.

The initiative unfolds in two phases. During the LFG phase, early users receive a 20% brick bonus to maximize their rewards. The following WAGMI trading competition phase introduces bonus pools and referral incentives as the ecosystem expands. Currently running a campaign partnering with OKX wallet to incentivize early adopters.

Momentum is also preparing to announce major ecosystem partnerships that will expand its reach and integrate more protocols into its exchange. These collaborations will accelerate protocol-owned liquidity, bring in new token pools, and activate new user bases.

Momentum will take the stage as a sponsor at Sui Basecamp, a flagship event celebrating innovation and builders within the Sui ecosystem. As Momentum pushes forward in becoming a flagship DEX on Sui, it is also actively working to grow and strengthen its network of ecosystem partners.

Trade on Momentum DEX to earn rewards and enjoy low fees. Join now at https://app.mmt.finance/trade!

About Momentum

Momentum is the leading Move Central Liquidity Engine with solutions including Multi-Sig Treasury Management, Token Vesting, and Liquidity Provisioning. With over 35,000 active wallets, $500M in Total Value Locked (TVL), and $1.8B in Transaction Volume, Momentum is set to redefine the landscape with the launch of the first Move ve(3,3) DEX. Momentum was co-founded by ChefWEN (@ChefMMT_X), one of the founding engineers contributing to the Libra project at Meta.

For more information about Momentum, visit: Website | X | Linkedin | Telegram

For media inquiries, please contact: team@mmt.finance

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