A few months ago, I started writing about momentum and was very optimistic about it. This is the next major opportunity after walrus. After all, this is a project simultaneously supported by the Sui Foundation, Coinbase, Circle, Jump, etc. It's been a long time since I've seen such a large-scale project on Sui. I've written many in-depth articles, and I've invested a considerable amount of funds myself, but the developments in the past few months have still been surprising. In the blink of an eye, it has become the project with the highest TVL in Sui Dex, and the growth rate of TVL is also the fastest in Sui project's history, and its strength is evident.


Total locked value (TVL): Peaked at around 156 million USD, ranking first in the Dex sector.

Trading volume: Total trading volume exceeds 7.3 billion USD, and the recent increase in mining yield is also very attractive.

User count: Over 1.3 million.

The referral link to participate has an additional 20% bonus -> /app.mmt.finance/leaderboard?refer=J5GTGQ


Sui × Momentum = Base × Aerodrome?

Momentum is deeply tied to the Sui Foundation and Mysten Labs, replicating the successful model of Aerodrome on the Base chain. The 'official' level of support has built a moat for it, attracting the highest quality resources in the ecosystem. The ve(3,3) model can greatly improve asset retention, trading depth, and coordinate the interests of liquidity providers.

Momentum's initial development outside of Dex. According to its published blueprint, it is also building a financial infrastructure supporting crypto-native assets and real-world assets (RWA) for Generation Z.

In the future, a token issuance platform will be launched - Token Generation Lab (TGL), to issue assets on its own platform and obtain minting rights:
- Project selection mechanism: Projects carefully selected by multiple Layer 1 foundations.

- Listing channels: Collaboration with top centralized exchanges (CEX) (Coinbase, OKX, Gate, mexc, etc., are all investors in momentum).

- User rights: Holders of the Momentum governance token ($veMMT) may receive priority allocation, token incentives, or whitelist qualifications when TGL projects are issued.



What future opportunities are there on Momentum?

1. Moment Title Deed NFT


The total is 10,000 pieces. The snapshot has been completed, and eligible participants will receive free distributions. Those who previously participated in NFT will also receive direct refunds. The situation is too large; wait until trading starts to buy.

- Future distribution basis: Addresses of early participants meeting the 'Founder Phase' criteria (3000 addresses), users with high trading rankings, content creators, and other community contributors.

- Potential rights of addresses holding this NFT:

Token airdrop: During the token generation event (TGE), airdrops of its protocol token $MMT and governance token $veMMT will be available.

- Potential project airdrops: After the TGL platform launches, there may be airdrops for newly launched projects.

- Other rights: Including other potential rewards within the ecosystem.


In the momentum -【leaderboard】, you can see your ranking. The address of Tier 123 should approximately get an NFT. Additionally, the NFT tokens are graded, with higher rarity levels yielding more rewards. The market cap of the Dex on Sui has not yet reached its ceiling. According to the normal valuation of leading Dex on public chains, it could reach 1-10% (350 million to 3.5 billion USD). Previously, the highest market cap for Sui chain Dex was around 500 million USD, which is considered undervalued. Other chains like ray, cake, and aero are all above 1 billion. Now, with the chaotic battle of Sui Dex, momentum has fought its way through. Coupled with investment level and support that is no less than Walrus, it may really be able to break the previous ceiling of Dex and successfully implement the flywheel model.

2. Pre-TGE activities to earn MMT token rewards, with high certainty.

Participate in staking and LP (625,000 USD of MMT tokens) on web3.okx.com/zh-hans/earn/activity/momentum-sui, exclusively for wallet holders.

Web3 wallet tasks (1.015 million USD in MMT)


web3.okx.com/zh-hans/cryptopedia/event/momentum

Momentum X Galxe event (185,000 USD)

https://x.com/MMTFinance/status/1950979803512967529