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DEX Momentum Hits Billion-Dollar Trading Volume Mark in Speedy Manner

Decentralized exchange on the Sui Network has seen a swap volume of over $1 billion within a month since its launch, overwhelming the market.

DEX Momentum Hits Billion-Dollar Trading Volume Mark in Speedy Manner

Livin' Large on the Sui Blockchain: An Examination of Momentum Finance's Rapid Expansion

Get Ready to Rumble in the Sui RingMomentum Finance, the high-octane decentralized exchange gracing the Sui Blockchain, has been shaking up the crypto scene with over $1 billion in total swap volume in merely a month following its hot launch. This lightning-fast growth has propelled Momentum into the top tier of DeFi exchanges on the Sui Blockchain.

That's right, folks! With over 200,000 unique users and a mind-blowing trading activity across popular tokens like $DEEP, $SUI, $WAL, and $USDC, Momentum is rapidly establishing itself as a powerhouse liquidity engine within the Sui family.

"We're freakin' stoked about the red-hot adoption. In this crazy, unpredictable market, Momentum is headed for the top of the Sui pantheon. We're gonna smash records and hit the ceiling!" - ChefWEN, Momentum's fearless leader

Before stepping out in the limelight with its sizzlin' DEX, Momentum had already carved itself a place in the hall of fame with its workhorse project, Momentum Safe. This bad boy offered stellar services such as token vesting, treasury management, and liquidity provision across Move Blockchains. With a whopping $500 million in Total Value Locked (TVL), $1.8 billion in transaction volume, and more than 35,000 active wallets under its belt, Momentum was ready to move mountains – or at least Sui Blockchain's.

The groundwork for Momentum's DEX was laid over a grueling three years of development across Move-based ecosystems and was co-founded by the mighty ChefWEN, former Kingpin of the Libra squad at Meta (@ChefMMT_X on X), along with backing from heavyweights such as Coinbase, Circle, Amber, Selini, and the Sui foundation, among others.

Momentum is also the driving force behind the Momentum Building Program, a kick-ass, long-haul initiative that lets users team up to earn "bricks" through trading, referring, and providing liquidity. And, guess what? Early adopters can stake a claim on valuable property in Momentum's meteoric rise. Each brick snatched contributes towards future MMT token ownership, superior voting power, and shares of a jaw-dropping 100% of protocol fees and incentives up for grabs every week.

The Momentum Building Program unfolds in two phases. First, the LFG phase grants users a juicy 20% brick bonus to amp up their rewards. Following that, the WAGMI trading competition phase dials up the excitement with bonus pools and referral incentives as more players join the game. Right now, Momentum has teamed up with OKX wallet to entice early movers to make a move.

Keep your eyes peeled for Momentum's big-time, ecosystem-shaking partnerships on the horizon, which will boost its reach and integrate more protocols into the exchange. These collisions will trigger an explosion of protocol-owned liquidity, fresh token pools, and new user constituencies.

Momentum will shine its light as a sponsor at the Sui Basecamp, a bang-up affair commemorating imagination and visionaries within the Sui pack. As Momentum marches forward to become the flagship DEX on Sui, it's also focused on creating a tight-knit community among its partners in the Sui ecosystem.

Trade hard with Momentum DEX and grab rewards while enjoying low fees. Hustle on over to https://app.mmt.finance/trade to get in the game!

Whassup with Momentum?

Momentum is the alpha Move Central Liquidity Engine, offering top-shelf services like Multi-Sig Treasury Management, Token Vesting, and Liquidity Provisioning. With over 35,000 active wallets, $500M in TVL, and $1.8B in transaction volume under its belt, Momentum is about to shake up the landscape with the release of the first Move ve(3,3) DEX. Momentum was co-founded by ChefWEN (@ChefMMT_X), one of the founding minds toiling tirelessly for the Libra circus at Meta.

For the lowdown on Momentum, check out: ** Website | X | LinkedIn | Telegram**

Get your media inquiry on: [email protected]

Disclaimer: This press release is a sponsored bomb dropped by our cash-happy compadres.

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  1. Momentum Finance, the high-octane decentralized exchange on the Sui Blockchain, is propelling itself to the top tier of DeFi exchanges after generating over $1 billion in total swap volume within a month of its launch.
  2. With popular tokens like $DEEP, $SUI, $WAL, and $USDC seeing high trading activity, Momentum is fast becoming a powerhouse liquidity engine within the Sui family, boasting over 200,000 unique users.
  3. ChefWEN, Momentum's fearless leader, is excited about the red-hot adoption and sees Momentum rising to the top of the Sui pantheon, destined to smash records and hit the ceiling.
  4. Before its DEX launch, Momentum already made a name for itself with Momentum Safe, a project offering stellar services like token vesting, treasury management, and liquidity provision across Move Blockchains.
  5. Momentum was co-founded by ChefWEN, former Kingpin of the Libra squad at Meta, along with backing from heavyweights such as Coinbase, Circle, Amber, Selini, and the Sui foundation.
  6. The Momentum Building Program encourages users to team up to earn "bricks," with early adopters securing future MMT token ownership, superior voting power, and shares of a staggering 100% of protocol fees and incentives every week.
  7. Momentum has partnered with OKX wallet to entice early movers with bonus rewards, as it prepares for big-time partnerships and ecosystem-shaking collaborations.
  8. With the first Move ve(3,3) DEX revelation on the horizon, Momentum aims to become the flagship DEX on Sui, simultaneously building a tight-knit community among partners in the Sui ecosystem.
Centralized trading on Sui Network's decentralized exchange has generated a staggering $1 billion in total swap volume, achieved less than a month following its initial launch.

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