Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.72% | 0.15% | 5.49% | 30.85% | 17.77% | 17.37% |
Revenue & Burn
Protocol income
$7.47KBuyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $7.47K | -- | -- | -- |
| Sep 2026 | $12.23K | -- | -- | -- |
| Aug 2026 | $7.54K | -- | -- | -- |
| Jul 2026 | $6.2K | -- | -- | -- |
| Jun 2026 | $21.27K | -- | -- | -- |
| May 2026 | $24.37K | -- | -- | -- |
Comparison
Investment
Tokenomics
Unlock Progress
Unlock Event
| Date | Unlocked Token Amount | Unlocked M.Cap | M.Cap (%) | Allocation |
|---|---|---|---|---|
| Nov 4, 2026 | 17.7M MMT | $2.26M | 8.67% | 3 Allocation |
| Dec 4, 2026 | 17.7M MMT | $2.26M | 8.67% | 3 Allocation |
| Jan 4, 2027 | 17.7M MMT | $2.26M | 8.67% | 3 Allocation |
Follow Updates
Follow Lists
People
About Momentum
Momentum is a concentrated liquidity exchange on Sui whose team previously built a multisig wallet, so treasury management was central from the start: liquidity concentrates within price ranges for efficiency, governance uses a lock-to-vote model that directs emissions, and there are liquid staking receipts, multisig vaults and automated strategy pools, with protocol revenue buying back the token and distributing to lockers. It targets fragmented DEX liquidity and misaligned market-making and governance incentives.
Bundling wallet, market making and governance reflects an ambition to be a financial operating system on Sui, but it widens the product surface and each part faces specialist rivals. The data shows how harsh that is: value locked was about $633 million in October 2025 and only about $4.1 million in October 2026, falling to fifth among Sui exchanges. The team has had contracts audited and paused defensively during an ecosystem incident, but persistent outflow of liquidity and users is harder to reverse.
As the central liquidity engine of the Move ecosystem, Momentum has hit key milestones. The Wave 1 airdrop claim opened, followed by Binance's MMT HODLer airdrop, distributing tokens to early users.
Exchange listings mark major expansion: Binance Alpha listed MMT, then spot trading launched on Binance. OKX added MMT spot trading with a bonus event. UPBIT listed MMT with KRW market, later adding BTC/USDT pairs. Bithumb also listed MMT.
These events transitioned Momentum from DEX to mainstream CEX markets, strengthening token liquidity and user base—critical steps in its long-term growth.
Buybacks: 100% of DEX fees are used to buy back MMT and redistribute it to veMMT holders, the main counterweight to unlocks as the protocol migrates to a ve(3,3) model.
Unlocks and progress: A 4.93 million MMT unlock worth about $648,350, or 0.49% of supply, landed on May 4 with only 20.41% circulating. The token rose 40% during a Binance spot tournament in August after hitting a low of $0.0999 on June 6; TVL is about $4.83 million and the DEX has expanded to BNB Chain.
Momentum expanded from a leading Sui CLMM DEX into an integrated DeFi hub in 2026. During the year it launched Momentum Perp with Aster, the first full-fledged perpetual DEX on Sui, using a Hyperliquid-style MLP shared-liquidity vault powered by Aster's backend and risk engine, letting users trade with leverage using native SUI assets (USDC, SUI, wBTC, etc.) as collateral. The roadmap's Token Generation Lab (TGL) and the institutional-grade Momentum X platform advanced in parallel, with Momentum X unifying trading and KYC/AML compliance for tokenized-asset markets. As of early 2026 the protocol held roughly $600M TVL and over 2.1M users.
Future strategy and roadmap: Future strategy is built around Momentum X: by integrating real-world assets (RWA), perpetual derivatives and a bluechip launchpad (TGL), it aims to unify Web2 and Web3 assets into one compliant, self-custodial open liquidity layer, pursuing the goal of trading anything, anywhere, with no friction.
Wendy Fu — Co-founder & CEO, known online as ChefWEN; a former Meta software engineer who worked on Libra/Diem.
Jacky Wang (YanXiang Wang) — Co-founder & CTO; former core protocol engineer at Harmony covering consensus and smart-contract infrastructure.
Vinson Leow — Chief Strategy Officer, covering growth, strategy and investments.
Momentum's concentrated-liquidity pools set six swap fee tiers of 0.01%, 0.05%, 0.1%, 0.25%, 1% and 2%: stablecoin pairs use the low tiers, major assets such as ETH and BTC mostly use 0.25%, and volatile long-tail assets use 1% to 2%.
Momentum diverts a default 20% of each swap fee to the protocol treasury and distributes the rest pro rata to in-range liquidity positions, so more concentrated ranges earn more fee per unit of capital.