TechFlow news, June 6 — According to an official announcement, OKX Ventures has announced a strategic investment in Momentum. Momentum is a DEX within the Sui ecosystem, distinguished by its minimalist user interface and deep liquidity features. As traditional institutions accelerate their entry into crypto and the RWA market shows growing potential, Momentum has emerged as a key DeFi infrastructure in the ecosystem. Since its founding in 2022, Momentum has continuously refined its product mechanisms, achieving near-instant transaction confirmations. Within two months, it attracted 42,000 active wallets, with over $70 million in total value locked (TVL) on-chain and trading volume reaching $3 billion—accounting for more than 25% of all DEX trading volume on the Sui network. Compared to traditional AMM-based decentralized platforms, Momentum delivers over a 10x performance improvement, maintaining strong scalability and stability even under high-concurrency conditions.
Benson, Partner at OKX Ventures, said: "As a leading DeFi application in the Sui ecosystem, Momentum enhances the on-chain trading experience for traders, retail users, and institutional participants seeking low slippage and high liquidity through its ve(3,3) mechanism. This will drive Sui’s DeFi ecosystem into its next phase of growth and prosperity."
