Sui Chain Hides Momentum: Qatari Royal Family Makes a Big Money
Sui Ecosystem has been booming since the beginning of the year, but it was instantly shut down due to the cetus incident. Although it caused considerable losses, fortunately, as long as the Sui Ecosystem has been officially endorsed, there is no need to worry about not being able to pay
This incident has made the entire ecosystem refocus on the core infrastructure of "security + performance + liquidity", which happened to allow Momentum to seize this opportunity and emerge wildly
Data since the launch on March 31👇
> TVL historical high point exceeds $98M
> Cumulative transaction volume exceeds $4B
> Number of users exceeds 450,000
> TVL comes to Sui DEX No. 1
Momentum has also been giving out benefits crazily recently👇
▪️Momentum X OKX Wallet
▪️Momentum X Wormhole
▪️Momentum WAGMI Trading Competition
Let me introduce the project first:
Momentum is a DEX deployed on the Sui chain, using the ve(3,3) mode, and is committed to becoming Sui The core liquidity infrastructure of the ecosystem
In terms of financing, it almost covers the background of the big Mao, and the investment lineup is particularly luxurious, including top institutional investors such as OKX, jump, Varys Capital (supported by the Qatari royal family), Coinbase, Circle, Sui Foundation, Mysten Lianchuang, etc.
1⃣️Momentum and OKX's xBTC staking activities, with a total reward of 2.5 million US dollars
Momentum has learned from cetus's lessons, and all activities are based on safety first. This time, xBTC is a 1:1 supported packaged BTC issued by OKX. The original currency is fully managed by OKX and is very safe
By depositing xBTC-USDC or xBTC-SUI trading pairs to Momentum in the OKX Wallet activity area
🔗https://t.co/VvCqmuLoy2
▪️Go to the "Earn" or "Activity" section and find the xBTC activity area
▪️Select xBTC-USDC or xBTC-SUI Trading pair, enter the deposit amount
▪️Confirm the transaction, xBTC will be deposited into the Momentum liquidity pool and participate in the reward distribution
2⃣️Momentum WAGMI Trading Competition
Momentum launched the 12-week WAGMI Trading Competition on June 17, 2025, which will end on September 8, 2025
Users can earn non-transferable Bricks points by trading and providing liquidity. Bricks will be converted into the protocol token MMT after TGE
Interaction steps:
Visit Momentum official website
Trade to get Bricks:
▪️Enter the "Swap" page, select any trading pair (such as SUI-USDC), enter the transaction amount, and confirm the transaction
▪️The higher the trading volume, the more Bricks points you get (see the official website announcement for specific bonus rules)
▪️Provide liquidity to get Bricks:
> Enter the "Liquidity" page, select a trading pair (such as SUI-xSUI), and deposit tokens of equivalent value
> Set the price range (5%-25% is recommended to balance returns and risks), and confirm to add liquidity
> The amount of liquidity provided and the activity of the trading pair will affect the Bricks reward
3⃣️Momentum and Wormhole cooperate to become the first DEX supported by Sui Chain (NTT, Native Token Transfers)
The first batch of cooperative tokens include $BONK (Solana meme coin), $GT (https://t.co/4ibRSn38cT platform token) and $MX (MEXC platform token), of which $BONK has an initial liquidity of 5 million US dollars
These three major activities - Momentum X Wormhole, Momentum X OKX Wallet and WAGMI trading competition - together constitute Momentum's The core strategies for the second half of 2025 will focus on cross-chain expansion, user growth, and community incentives.
I estimate that the event will end in Q3 of September, so grab the last window of time and start!
