Today, the @MMTFinance team can't resist the yapping. It's already the 4th day of the @buidlpad team mission. Momentum Finance is now truly the heart of the Sui blockchain. It started with the multi-signature wallet MSafe, but now it has become the core engine circulating Sui capital. As a team created by engineers from Meta's Libra, they have perfectly utilized Sui's Move language and parallel structure to create fast and secure DeFi. With a cumulative trading volume of $22 billion, 2.1 million users, and $466 million in assets under management, 21% of the entire Sui DeFi is locked in Momentum. The CLMM structure increases capital efficiency, with transaction speeds under 1 second and fees at half the level. With xSUI staking, you can earn both basic rewards and additional income, and the Wormhole integration allows Ethereum and Solana assets to enter Sui. Governance is based on the ve(3,3) model, so all fees are returned 100% to users, and Buidlpad distributes tokens genuinely centered around participants. They are currently expanding into gaming, payments, and real-world assets (RWA). The trading infrastructure is being utilized for games and NFTs, and they are preparing for institutional-grade RWA trading with Seal and Walrus technology. In short, Momentum Finance is the core DeFi infrastructure of Sui, equipped with speed, security, community, and scalability, serving as a gateway to on-chain finance.
Momentum quotes are a response to the quotes! The @MMTFinance team is starting to yap. Let's go with the @buidlpad team mission! It's already day 3!! Changing the tone, go go go go! Momentum Finance is currently the hottest DeFi project on the Sui blockchain. A simple exchange? That's already a thing of the past. Now, Momentum has become the central liquidity engine of the Sui ecosystem, literally the heart that creates the flow of money. Thanks to the Move-based architecture designed by engineers from Meta's Libra project, the speed is incredibly fast and the security is rock solid. Parallel execution makes you forget the word "delay." So far, the cumulative trading volume is $22 billion, with over 2 million users and $460 million in deposited assets, and these numbers speak for themselves. Momentum is the key to the growth of DeFi on Sui. With the CLMM (Concentrated Liquidity) structure, trading efficiency is maximized, and assets can work while having fun with xSUI staking. Moreover, with the Wormhole integration, it has reached out to Ethereum and Solana. We are now truly opening the era of multi-chain. Governance follows the ve(3,3) model, returning 100% of transaction fees to users. It is an economic structure where the community is literally the owner. In "Buidlpad," all participants become part of the ecosystem through fair and transparent token distribution. Ultimately, Momentum Finance is the financial hub of Sui that intertwines trading, staking, and liquidity, and it is a living DeFi platform driven directly by the community. If you feel that "money flows" in Sui, Momentum is almost always at the center of it. I like Momentum. I like Buidlpad.
Show original
5.49K
105
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.