Sui DEX 'Momentum', Scheduled for TGE in Early November, Surpasses $25 Billion in Cumulative Trading Volume

Since its beta launch in March 2025, the SUI-based decentralized exchange (DEX) 'Momentum' has reached a total value locked (TVL) of $550 million (approximately 78 billion yen) in about seven months. It has achieved a cumulative trading volume of $25 billion, and its governance system 'veMMT', utilizing the ve(3,3) model, has contributed to the stabilization of liquidity. A token generation event (TGE) is planned for early November to issue its native token 'MMT', with plans to accelerate cross-chain expansion and real-world asset (RWA) integration. Addressing DeFi Liquidity Challenges: Momentum tackles the instability of liquidity due to DeFi's reliance on short-term incentives...