Momentum Teams Up with Wormhole & OKX to Boost Sui Network Liquidity

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The decentralized finance (DeFi) landscape continues to evolve at a rapid pace, and one of the latest developments centers around Momentum, a cutting-edge DeFi protocol built on the Sui Network. In a strategic move designed to expand cross-chain interoperability and deepen liquidity, Momentum has announced a major collaboration with Wormhole and OKX Wallet. This partnership aims to unlock billions in cross-chain value, streamline asset transfers, and significantly enhance user access to DeFi across multiple blockchain ecosystems.

This alliance marks a pivotal moment for the Sui ecosystem—positioning it as a growing hub for scalable, high-speed decentralized applications backed by robust infrastructure and broad market reach.

Unlocking Cross-Chain Liquidity with Native Token Transfers

At the heart of this collaboration is Wormhole’s Native Token Transfer (NTT) technology. By integrating NTT, Momentum becomes the first decentralized exchange (DEX) on Sui to enable seamless movement of native assets from EVM-compatible chains and Solana directly into the Sui blockchain—without requiring wrapped tokens or custodial bridges.

This breakthrough eliminates friction in cross-chain transactions, reduces slippage and fees, and preserves the integrity of original token ownership. Users can now transfer assets like Solana’s $BONK or Ethereum-based tokens directly to Sui and immediately use them within Momentum’s DeFi ecosystem.

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Supported Assets at Launch

The initial rollout supports key digital assets, including:

These integrations not only diversify available trading pairs but also strengthen ties between leading exchange-affiliated tokens and the emerging Sui DeFi economy.

Dan Reecer, Co-founder of Wormhole Foundation, emphasized the strategic importance:

“We’re enabling seamless cross-chain liquidity flows that help Momentum attract native assets and new users.”

This integration reflects a broader industry shift toward non-custodial, secure, and efficient cross-chain communication protocols—of which Wormhole is a leader.

Strategic Backing and Ecosystem Expansion

Momentum’s rapid ascent is further fueled by strong institutional support. The project recently closed a strategic funding round at a $100 million valuation, with backing from:

Such high-profile investment underscores confidence in Momentum’s architecture and its role in shaping the future of DeFi on Sui.

Additionally, OKX is contributing beyond capital through its Cryptopedia platform—a learn-to-earn initiative that educates users about blockchain projects while rewarding engagement. Through targeted campaigns, Cryptopedia will spotlight Momentum and other Sui-based innovations, driving awareness and adoption among retail investors worldwide.

Preparing for Mainnet: Liquidity Seeding and Bridge Launch

As part of the growth strategy, the partnership includes liquidity seeding for new token pairs on Momentum. These incentives are designed to attract yield farmers, traders, and liquidity providers ahead of the official bridge launch, scheduled for September 2025.

The primary objectives are clear:

To amplify these effects, Momentum is also collaborating with other top-tier DEXs on Sui, including FlowX Finance, to create a unified liquidity layer across the network. This cooperative model ensures that capital isn’t siloed but instead circulates efficiently throughout the ecosystem.

Milestones Achieved: Rapid Growth Since Beta Launch

Momentum launched its beta version on March 31, 2025, and quickly gained traction. Within just 10 weeks, it surpassed $95 million in TVL, demonstrating strong market demand for fast, low-cost, and composable DeFi solutions on Sui.

This growth is attributed to several factors:

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These terms reflect both technical depth and user interest, ensuring visibility among developers, investors, and crypto enthusiasts searching for next-generation DeFi opportunities.

Frequently Asked Questions (FAQ)

What is Native Token Transfer (NTT), and why does it matter?

NTT is Wormhole’s trust-minimized protocol that allows native tokens to move across blockchains without being wrapped. This means your $BONK from Solana remains verifiably $BONK when used on Sui—preserving scarcity and reducing counterparty risk.

How does this partnership benefit Sui users?

Sui users gain immediate access to assets from other ecosystems without relying on third-party bridges. This increases capital efficiency, expands trading options, and brings more liquidity into native Sui dApps.

When will the cross-chain bridge go live?

The bridge powered by Wormhole is expected to launch in September 2025, enabling full two-way asset transfers between Sui and supported chains.

What role does OKX play in this collaboration?

OKX contributes through both investment (via OKX Ventures) and user education (via Cryptopedia). It also provides infrastructure support through $xBTC integration and promotes Momentum via its global platform.

Can I earn rewards by using Momentum?

Yes. Momentum offers yield farming opportunities for liquidity providers. Additionally, OKX’s Cryptopedia may run reward campaigns for users who interact with Momentum or complete educational modules about Sui DeFi.

Is Momentum safe to use?

Momentum has undergone third-party security audits, leverages Sui’s secure Move language, and uses Wormhole’s battle-tested cross-chain messaging system. However, users should always conduct their own research before depositing funds.

The Road Ahead for Momentum and Sui DeFi

With powerful allies like Wormhole and OKX, Momentum is poised to become a cornerstone of DeFi on Sui. Its focus on seamless interoperability, institutional-grade infrastructure, and user-centric design sets a new standard for what decentralized exchanges can achieve in a multi-chain world.

As September approaches and the bridge nears launch, all eyes will be on how effectively Momentum scales its operations, retains users, and integrates deeper with both retail platforms and developer tools.

👉 Explore how blockchain innovation is accelerating across high-performance networks like Sui.

For developers, investors, and crypto natives alike, the convergence of speed, security, and cross-chain access offered by Momentum represents more than just another DEX—it signals the arrival of mature, scalable DeFi built for mass adoption.