Momentum, a decentralized finance protocol built on SUI, works with Wormhole and OKX Wallet to increase cross-chain liquidity in SUI networks.
This collaboration will reveal that SUI (SUI) blockchain will benefit from billions of dollars inflows in cross-chain liquidity, Momentum said in the announcement.
As part of this quest to bring even more interoperability and functionality to SUI, Momentum will leverage Wormhole (W)’s native token transfer framework and OKX’s learning learning platform OKX Cryptopedia.
Momentum therefore becomes the first distributed exchange to support wormhole NTT-driven assets, bringing seamless, native asset transfers from Ethereum virtual machine chain and Solana to SUI.
Big news from @mmtfinance. @sinetwork I’m building with @wormhole and okx @wallet to unlock billions of dollars with cross-chain liquidity in the ecosystem.
This is a major leap in development and just the beginning.
– Momentum (@mmtfinance) June 19, 2025
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Gate support, MEXC token
As a top interoperability protocol, wormholes have accounted for over $60 billion in history. The NTT launch at SUI will be live with initial support of Gate Token (GT) and MEXC Token (MX). Momentum will also support Solana Memecoin Bonk (Bonk) as one of the first tokens from Wormhole NTT to the SUI initiative.
Meanwhile, OKX Cryptopedia is accessible via OKX wallets, and learning learning programs with a prize pool of over $1 million will support Momentum and other SUI network players.
Spotlight assets include the newly launched liquid staking token and XBTC, OKX’s wrap Bitcoin (BTC) tokens.
“By bringing the native token transfer framework into SUI, it enables seamless cross-chain liquidity flows that enhance momentum market positioning by supporting new native assets and attracting new liquidity,” the co-founder of the Wormhole Foundation said in a statement.
This partnership envelops momentum across supported token pairs to lock the protocol’s total value.
Momentum began in beta on March 31, 2025, and growth momentum sent TVL to an all-time high of more than $95 million within 10 weeks. The project recently raised a strategic round with a $100 million valuation led by OKX Ventures and the participation of Venture Capital Arms in the exchange of Coinbase, Gate.io, Kucoin and Mexc Crypto.
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