The decentralized finance (DeFi) landscape on the Sui blockchain is undergoing a transformative shift with the official launch of Momentum, the first ve(3,3)-modeled decentralized exchange (DEX) integrated with a token launch platform. Emerging from stealth mode on March 31, 2025, Momentum is set to redefine user incentives, liquidity alignment, and trading efficiency across the Sui ecosystem.
Built on the proven success of models like Aerodrome and tailored for Sui’s high-speed infrastructure, Momentum leverages a robust $500 million in total value locked (TVL) through its multisig liquidity layer. This strategic foundation enables Momentum to drive the next wave of DeFi innovation, prioritizing user-centric design and sustainable growth.
Trading is now live at app.mmt.finance, with further momentum expected as the platform rolls out its LFG liquidity bootstrapping phase and the 12-week WAGMI trading competition.
What Sets Momentum Apart: The ve(3,3) Advantage
Unlike traditional DEXes that often favor liquidity providers at the expense of traders or protocol users, Momentum’s ve(3,3) tokenomics model ensures perfect alignment across all stakeholders:
- 100% of token emissions go directly to liquidity providers
- 100% of trading fees and bribes are distributed to veMMT voters
- Traders benefit from lower fees and reduced slippage
- The protocol itself gains deeper liquidity and enhanced user engagement
This circular incentive structure creates a powerful flywheel effect—where increased participation leads to better pricing, higher yields, and stronger network effects.
👉 Discover how ve(3,3) models are reshaping DeFi incentives and unlocking new earning potential.
Why ve(3,3) Matters for Sui’s Growth
Sui has experienced explosive growth, with its chain-wide TVL surging over 1,261% between December 2023 and January 2025—reaching over $2.08 billion. This rapid expansion has been fueled by strong stablecoin adoption, including Agora USD (AUSD), First Digital USD (FDUSD), and Ondo Finance’s USDY.
Notably, Momentum is responsible for minting 100% of these stablecoin supplies on Sui, positioning it as a critical piece of the ecosystem’s financial infrastructure. As BTCFi and other capital-efficient use cases gain traction on Sui, platforms like Momentum will play a pivotal role in enabling scalable, low-cost, and highly liquid markets.
Fueling Adoption: LFG and WAGMI Initiatives
To accelerate user onboarding and liquidity depth, Momentum has launched two key initiatives:
1. LFG Liquidity Bootstrapping Phase
Kicked off on March 31, 2025, this phase aims to secure $50 million in TVL through strategic partnerships and early adopter incentives. Protocols integrated with Momentum’s multisig solution and key liquidity providers within its investor network are actively participating.
2. WAGMI Trading Competition (12 Weeks)
Designed to reward early engagement, this competition will distribute veMMT tokens—governance and yield-bearing assets—based on trading volume and liquidity contributions. Rewards will be distributed prior to the official token generation event (TGE), giving users early access to ownership and protocol benefits.
These programs are not just promotional—they’re engineered to build long-term alignment between users, developers, and the protocol.
Deep Ecosystem Integration and Strategic Backing
Over the past two years, Momentum has cultivated strong partnerships across the Sui ecosystem. Collaborations include:
- Sui Foundation
- Agora Finance, AlphaFi, Bluefin, Bucket Protocol
- Cetus Protocol, Navi Protocol, Suilend, Volo
- Ondo Finance, Scallop, SpringSui, Turbos Finance
These alliances ensure seamless integration with lending protocols, derivatives platforms, and asset issuers—creating a tightly interconnected DeFi layer.
Momentum has also secured $10 million in strategic funding, led by Varys Capital, with participation from:
- Coinbase Ventures
- Circle Ventures
- Sui and Aptos Foundations
- Gate Ventures, Amber Group
- Jump Crypto, Arcanum Capital
- Selini Capital, WAGMI Ventures
- DeWhales, MonkeVentures
- Adeniyi Abiodun (co-founder of Mysten Labs)
“Momentum is at the heart of Sui’s next growth phase,” said Darius Askaripour, Managing Partner at Varys Capital. “Their work establishes transparent, efficient liquidity mechanisms that make DeFi more accessible. We’re proud to back this vision.”
Varys Capital’s fund is supported by MBS Global—the family office of H.H. Sheikh Nayef Bin Eid Al Thani—and Aquanow Ventures, a leading digital integration provider in Canada.
Core Keywords Driving Momentum’s Vision
The success of Momentum hinges on several foundational concepts that resonate deeply with both users and developers:
- ve(3,3) model – Ensures fair distribution and stakeholder alignment
- Sui blockchain – Enables high-speed, low-cost transactions ideal for DeFi
- Decentralized exchange (DEX) – Offers non-custodial trading with enhanced transparency
- Liquidity incentives – Drives user participation through yield opportunities
- Token launch platform – Empowers new projects to deploy fairly and efficiently
- Total value locked (TVL) – A key metric of trust and ecosystem health
- Trading competition – Engages users while bootstrapping network activity
These keywords naturally reflect user search intent around DeFi innovation on emerging blockchains like Sui.
👉 Explore how next-gen DEXs are using novel tokenomics to deliver superior returns and user control.
Frequently Asked Questions (FAQ)
Q: What is a ve(3,3) model?
A: The ve(3,3) framework aligns incentives across all participants in a DeFi protocol. It ensures that emissions, fees, and governance rewards are distributed fairly among liquidity providers, voters, and traders—creating a self-reinforcing cycle of growth.
Q: How does Momentum differ from other DEXs on Sui?
A: Momentum is the first DEX on Sui to combine a ve(3,3) model with a built-in token launch platform. It also plays a critical role in minting major stablecoins on the chain, giving it deep infrastructure-level integration.
Q: What is the WAGMI trading competition?
A: It’s a 12-week event rewarding users with veMMT tokens based on trading volume and liquidity provision. It runs ahead of the official token launch and aims to distribute early rewards to active participants.
Q: Is Momentum safe to use?
A: Yes. The platform has undergone extensive internal testing and is backed by reputable investors and partners. Its multisig treasury management system adds an additional layer of security for user funds.
Q: Can projects launch tokens on Momentum?
A: Yes. Momentum serves as both a DEX and a token issuance platform, enabling new protocols to launch fairly with built-in liquidity incentives and community governance from day one.
Q: Where can I access the Momentum DEX?
A: Trading is live at app.mmt.finance. Users can provide liquidity, trade assets, vote on pools, and participate in the WAGMI competition.
The Future of DeFi on Sui
With Momentum’s launch, Sui takes a decisive step toward becoming a major hub for capital-efficient DeFi. By combining cutting-edge tokenomics with robust infrastructure and deep ecosystem ties, Momentum is not just launching a DEX—it’s catalyzing a new era of financial innovation.
As more users seek platforms that offer fairness, transparency, and real yield opportunities, solutions like Momentum will lead the charge.
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