momentum00

what's momentum?

Momentum is a decentralized exchange (DEX) built on the Sui blockchain, serving as a key liquidity hub in the Sui ecosystem. It utilizes a ve(3,3) model for governance and incentives, enabling concentrated liquidity markets and dynamic deflation mechanisms through token burns and LP reinvestments. The project aims to evolve into a comprehensive tokenization financial operating system, supporting seamless trading of various assets. Backed by investors including Sui, Coinbase Ventures, Circle, Jump Crypto, and OKX Ventures, Momentum has seen rapid growth with TVL surpassing $500M and daily trading volumes exceeding $1B. It features community-driven campaigns, NFT rewards like DEED NFTs, and integrations with platforms like BuidlPad for enhanced user participation.

Snapshot

Momentum unlocked $500,000 (9.6% of circulating supply) on April 4th.

2H ago
TOKEN ECONOMICS

Unlocked approximately $500,000 worth of tokens on April 4th, representing 9.6% of circulating supply.

4M ago

xBTC integration with the platform enables borrowing, liquidity provision, leveraging, and yield farming functionality on Sui DeFi.

Campaign rewards for Momentum have been distributed as veMMT, participants can verify rewards at their addresses.

The project launched on Buidlpad platform, which has achieved a 100% Binance listing streak for all projects launched through it including @solayer_labs, @SaharaLabsAI, @Lombard_Finance, @FalconStable and @MMTFinance.

Trader recommends long positions on MMT despite labeling it a "crime coin" and predicts it will transition to spot-only trading on exchanges, losing futures/perpetual contracts.

Wormhole bridge integration enables users to bridge tokens cross-chain.

MMT offers 173.34% APR through funding rate arbitrage, ranking #9 in top delta-neutral yield opportunities.

Market commentator groups MMT with scammy pump tokens in a two-week crypto market recap.

Locked NFT token allocations distribute through veMMT over a 4-year vesting period, sparking scam allegations from NFT holders regarding the airdrop allocation structure.

Titledeed airdrop distributes MMT tokens, with Twitter account connections receiving 2.5x more tokens than mid 5-figure LP deposits.

Airdrop distributed MMT tokens with Twitter connections yielding 2.5x more than mid-five-figure LP deposits for at least one participant.

Mantle launches $150K global hackathon focused on RWA with 6 tracks spanning RWA to ZK. In October, six new teams join Mantle ecosystem: Gelato, UniversalX, printr, pvpfun_ai, questflow, and Anchorage.

ByBit refunds $5,522 to a user following MMT market manipulation incident.

ynBNBx, ynUSDx, and ynRWAx tokens go live on Pendle, with ynBNBx also launching on Spectra and ynRWAx featured on Equilibria. ynBNBx holders gain exposure to $MMT, $SAPIEN, and $KITE tokens.

OKX lists MMT spot trading and adds MMT perpetual futures to its platform.

5M ago

MMT tokens serve as rewards in Mantle's triple rewards campaign for MNT stakers (120 days, 5% APY), ending November 11.

Vote-escrowed token system (veMMT) goes live with lock periods from 1 week (1/208 veMMT per MMT) to 4 years (1:1 ratio), featuring linear decay and extension options.

Momentum ranks as a top 3 protocol on the SUI chain.

Token distribution to investors occurred after price dropped from $4 to $0.5 following alleged market maker cashouts of approximately $50 million. NFT airdrop allocations were reduced by 85-88% across all rarity tiers without prior notice (Epic reduced from 4,845 to 700 tokens, Rare from 1,817 to 210 tokens).

MMT spot trading launches on OKX exchange with a 500K MMT Trade-&-Earn promotional pool.

AIA market cap exceeds MMT as the competing Sui chain project reaches 7 USDT price level.

FDV peaked at $10B (token at $10) before dropping to $560M ($0.56) within 72 hours. KOL round unlock percentage was further reduced without notice from already minimal TGE allocation, resulting in complete roundtrip for participants.

Community claims for Title Deed NFTs open 3 days after TGE. Momentum's $MMT token experienced extreme volatility from $0.35 to $10 back to $0.56 (FDV $350M to $10B to $560M) within 72 hours with fraud accusations including supply manipulation and reduced KOL unlock without notice.

NFT unboxing feature goes live, allowing holders to reveal their airdropped NFTs.

NFT DEED product launches with 13,717 NFTs in 4 tiers: Epic (340 NFTs, 4,800 MMT, 100% unlocked), Rare (819 NFTs, 3,634 MMT, 50% unlocked), Uncommon (3,135 NFTs, 2,422 MMT, 20% unlocked), and Common (9,423 NFTs, 2,398 MMT, 10% unlocked).

Team wallet deposited 38M MMT ($45.6M) to Binance and second-largest holder distributed 89.476M MMT (18.57% of supply) to multiple addresses reaching CEXs between Nov 4-5. Token price crashed from $4.4+ peak to $0.67 after $0.1 listing price.

The token faces public criticism as an example of questionable centralized exchange listing practices with insufficient due diligence, grouped alongside other controversial tokens (TRB, COAI, MYX, AIA, GIGGLE, JELLY).

Partial Wave 1 token distribution begins directly to wallets ahead of November 11 full claiming platform launch. veMMT token offers holders voting rights and rewards through protocol participation.

Price currently trades around $1 after reaching ATH of $4, with FDV now at approximately $1 billion compared to $2 billion at TGE and over $5 billion at peak. Airdrop included NFTs with utility not yet specified.

Launch settlement occurs at $1.2B FDV, down from the previously reported $1.8B, after reaching a peak of $4B during initial trading.

MMT token lists on spot markets for global customers.

A seed investment achieves 40x return. FDV reaches $1.8B during a market downturn, representing a decline from the previously reported $4B+ valuation.

New Binance Simple Earn Locked Products promotion goes live with 3 million MMT available in APR rewards.

MMT lists on Upbit with Korean Won (KRW) trading pair.

Candle wick on MMTFinance liquidates positions with decreasing market liquidity reported.

MMT achieved a 30x price movement on Bybit perpetual futures today.

Price surges +484% in 24 hours, causing extreme liquidation event with $81M liquidated in one hour and over $300M total liquidations, leading the market in liquidation volume.

Binance listing completed with day one trading achieving 10x price increase and FDV reaching over $5 billion, up from $2 billion at TGE. Price discrepancies reported across platforms with one exchange showing 2x premium compared to others.

Trading price reaches approximately $2.7 with FDV exceeding $4B, representing approximately 10x valuation increase from initial trading metrics of $0.4 and $416M FDV during a broader market downturn.

TVL reached $500M pre-TGE and FDV broke $2 billion at Token Generation Event.

Binance integrates MMT into HODLer rewards program, enabling users to earn rewards by holding BNB.

Current trading price reaches $1.16, a 5x increase from the $0.25 presale price.

Carbon exchange listing announced with up to 20x leverage trading available for long and short positions.

Scallop integration complete with MMT listed on Scallop Mini Wallet and verified on Scallop Swap.

MMT Megadrop goes live offering 400,000 MMT in rewards for locking MNT or MMT tokens.

LBank Futures listing announced. Deed NFT holders confirmed for inclusion in Batch 1 airdrop distribution scheduled within the next few days.

Airdrop claims go live with MMT now trading on 10+ tier-1 exchanges including newly added Bitget, Kucoin, MEXC, HTX, and BingX. Current trading price at $0.4 with $85M marketcap and $416M FDV, with Bybit offering 200,000 USDT prize pool for traders.

First airdrop wave completed with community complaints about allocation criteria; HODLER program participant with $100k deposit excluded from both Buidlpad sale and Airdrop S1, while top 500 LP received only $100 worth of tokens despite mid-5 figures locked and $10K impermanent loss.

Wave 1 airdrop launches today with MMT trading live on Bybit, OKEX, and Bithumb alongside Binance and Upbit. Protocol transitions to ve(3,3) model after token launch with DEX trading fees shared to veMMT holders.

Binance Spot announces 2M MMT token voucher prize pool promotion for traders. Pre-market price currently at $0.3392, down from previous $0.55.

Three additional exchange listings announced: Bithumb with KRW trading pair, Upbit with BTC and USDT pairs, and Bitget.

Gate.io spot trading begins at 12:00 PM UTC on November 4th followed by futures and perp trading at 12:10 PM UTC with 20x leverage. Upbit announces new trading support with BTC and USDT markets.

Airdrop registration closes in 2 hours with Momentum Title Deed airdrop claims launching November 7th. Total backing reaches $100M including OKX Ventures alongside Circle and Coinbase Ventures.

Listing expands to include OKX in addition to previously announced Binance and Bybit exchanges.

Binance spot listing goes live at 12PM UTC on November 4.

Token circulation begins at 10:00 UTC on November 4, 2025, with trading available on Binance Alpha platform for Prime Sale Key holders.

Binance spot trading begins today (day one) with Wave 1 subscription claims closing within hours.

Binance listing scheduled for 20:00 UTC+8 tomorrow with Kucoin confirmed as third simultaneous exchange listing alongside Bybit. Pre-market trading shows $0.55 price on Whales Market one day before TGE.

Coinbase and Circle back MMT Finance.

Binance confirms Tier-1 spot listing for the TGE launch, and the project ranks as the #1 DEX on SUI network.

Launches on Binance and Bybit tomorrow. Ranks #3 protocol on SUI chain with record TVL numbers, and airdrop verification closes Nov 4 at 8:00 AM GMT+8 for first distribution wave.

MMT Finance raises $4.5M in funding last week according to crypto fundraising report.

Bybit announces spot trading listing for MMT token coming soon.

TGE and airdrop distribution scheduled for tomorrow following the subscription deadline closure. Multiple major CEX listings secured beyond the confirmed Binance spot trading listing.

Binance confirms spot trading listing for MMT and launches HODLer Airdrop program for BNB holders with portal page available in 24 hours.

MMT Airdrop Wave 1 subscription window closes within 14 hours, with missed allocations rolling to future waves. Google marks the subscription link as unsafe but the team confirms they are addressing the issue.

Title Deed Pack NFT airdrop to eligible wallets is now complete.

Partnership with Wormhole Foundation and OKX confirmed for cross-chain infrastructure support to bring assets from other chains to Sui.

MMT Airdrop Wave 1 is now live with a 48-hour deadline for users to connect their Sui wallet and link X account to subscribe for token distribution at TGE.

Airdrop registration is now open for $MMT tokens.

Top Kaito Yappers confirmed as eligible recipients for Title Deed NFT distribution.

Title Deed NFT distribution includes Fantasy Top players as eligible participants.

Complete Title Deed NFT rarity structure revealed with 4 tiers: Epic (100% TGE unlock), Rare (50% TGE unlock), Uncommon (20% TGE unlock), and Common (10% TGE unlock). Users can now check wallets for Title Deed Pack NFTs ahead of upcoming reveal.

Sale achieves 376x oversubscription with 523K BNB (~$560M) committed against 1.39K BNB target in 2 hours. TGE scheduled for November 4.

Different Title Deed NFT rarities correspond to different $MMT token allocations.

Title Deed NFTs with varying rarities are now available, with rarity levels determining the amount of $MMT tokens each holder receives.

Title Deed NFTs airdrop completed to eligible wallets. NFTs remain unrevealed with 167 hours remaining until reveal to determine rarity and MMT allocation.

Full tokenomics disclosed: 1B total supply with 204M (20.4%) circulating at TGE; public sale via Buidlpad represents 1.5% fully unlocked at launch, investors face 1 year cliff, and team has 4 year vesting schedule.

New Vaults feature enables automated DeFi strategies across three phases: auto-rebalancing for higher yield, leveraged strategy vaults, and multichain expansion to EVM and Solana.

$560M raise conducted on Binance platform and $80M on Buidlpad. Platform introduces liquid staking allowing users to stake SUI and receive xSUI for DeFi reuse, and integrates Wormhole and Sui Bridge for cross-chain asset movement between Sui and Ethereum.

Pre-TGE Prime Sale raises $560M+ in 2 hours. Title Deed NFT drop launches with rarity-based TGE unlock percentages ranging from Epic (100% TGE) to Common (10% TGE).

$MMT tokenomics: 42.7% community, 24.8% investors, 18% team, 13% ecosystem. Platform integrates TradFi and DeFi, allowing trading of stocks (AAPL, MSFT, GOOGL) and crypto (BTC, ETH, SUI) from same liquidity engine.

TGE scheduled for November 4th at 10 AM UTC with all sale allocations unlocked and 0% team/investor unlock at launch.

Momentum's $MMT token sale raised $82M (1839% of target) with tokenomics of 1B total supply, 20.4% circulating at TGE, and 0% team/investor unlock at launch. Title Deed NFT holders get early access to Token Generation Lab, ecosystem airdrops, and long-term rewards.

Community Offering closes at $82M+ with anti-sybil measures eliminating 86%+ of bots. Phase 2 of HODL Yield Campaign goes live alongside launch of Title Deed NFT program offering 15,000 NFTs (10,000 for early contributors, 5,000 through community nominations).

15,000 Title Deed NFTs launch for Sui ecosystem builders with 10,000 allocated to early contributors and 5,000 through community nominations.

Platform reaches $500M liquidity with 2.1M wallets and $1.1B total volume in under 6 months. Strategic backers include Coinbase, OKX, Circle Ventures, KuCoin, MEXC, Gate Ventures, Amber, Selini, and Spartan.

Protocol reaches $295M+ in TVL with $26B+ in monthly swap volume and integrates with market makers Amber, Selini, and GSR for DEX-CEX liquidity flows.

The pre-sale achieved 18x oversubscription and trades at ~$700M FDV in pre-markets, with TGE coming next week.

Token sale reaches 4.5x oversubscription as part of $1.4B retail investment wave across recent token offerings.

Initial token circulation set at 204.1M MMT (~20.4% of 1B total supply) with veMMT governance model enabling longer lock periods for increased rewards and governance power.

DEX reports $600M+ TVL and $25B+ in volume, built on Uniswap v3-style architecture with concentrated liquidity.

Binance pre-TGE Prime Sale Edition scheduled for October 31st from 9-11 AM UTC, targeting participants with Binance Alpha Points.

Bitcoin liquidity pool (YBTC.B-sat.YBTC.B) launches with Momentum Bricks stacking rewards for participants.

Whitepaper reveals phased development roadmap including Sui liquidity hub with DEX and xSUI staking, MSafe wallet integration, Wormhole-based cross-chain expansion, and tokenized RWA onboarding with on-chain compliance.

Binance Wallet Prime Sale raises $1.5M at $0.10 per token before TGE with wallet caps and Alpha Points gating access.

Completes strategic funding at $100M valuation led by OKX Ventures and Coinbase Ventures. Partners with Wormhole for EVM & Solana asset bridging and NODO for AI-vault development.

Total supply caps at 1 billion $MMT tokens with investor vesting structured as 12-month cliff followed by 48-month linear vesting period. Title Deed drop claiming phase goes live for eligible participants.

Launches Title Deed Nomination Wave distributing 15,000 NFTs to Sui ecosystem builders (10,000 for early contributors, 5,000 community nominations), while TVL grows to $550M+ and platform reaches 2.1M users with $18B+ trading volume.

$MMT token goes live with Day 1 unlock of 20.41% total supply, team fully locked for 48 months with 0% at TGE, and first 12 months limited to ecosystem/community unlocks only.