Let’s take a look at the latest report card for Momentum:
▫️ TVL has exceeded 150 million USD
▫️ Cumulative users exceed 2 million
▫️ Total transaction volume has surpassed 10 billion USD
Momentum is now undoubtedly the DeFi leader of the @Sui ecosystem, but they have just released the exciting Momentum X
The emergence of Momentum X could change the game for RWA tokenization
The current situation is:
▫️ Issuers operate independently, requiring users to redo KYC on each platform to verify their identity repeatedly
▫️ Compliance is fragmented, and liquidity is scattered like sand
▫️ The same US Treasury assets, issued as tokens on different platforms, cannot interoperate and do not recognize each other
The three major advantages of Momentum X:
One KYC applicable across the network + compliance rules directly written into code for automatic execution + support for free cross-chain circulation
In the future, the same US Treasury bond, regardless of who issues it or on which chain, can be merged for trading, achieving true liquidity unification, and institutional-grade compliance standards will allow large funds to enter the market
This will completely break the boundaries between TradFi and DeFi
The global bond market is 140 trillion USD, and the securities market is 220 trillion USD. Even if only 1% goes on-chain, it will still be a multi-trillion market; where is the ceiling?🤔
Momentum X is striving to become the unified entry point for this trillion-dollar market
🔅 Special reminder, the joint mining activity of OKX Wallet has been extended to September 22, remember to participate👇
https://web3.okx.com/zh-hans/earn/activity/xbtc-sui-season1
#momentum #RWA #DEFİ
▫️ TVL has exceeded 150 million USD
▫️ Cumulative users exceed 2 million
▫️ Total transaction volume has surpassed 10 billion USD
Momentum is now undoubtedly the DeFi leader of the @Sui ecosystem, but they have just released the exciting Momentum X
The emergence of Momentum X could change the game for RWA tokenization
The current situation is:
▫️ Issuers operate independently, requiring users to redo KYC on each platform to verify their identity repeatedly
▫️ Compliance is fragmented, and liquidity is scattered like sand
▫️ The same US Treasury assets, issued as tokens on different platforms, cannot interoperate and do not recognize each other
The three major advantages of Momentum X:
One KYC applicable across the network + compliance rules directly written into code for automatic execution + support for free cross-chain circulation
In the future, the same US Treasury bond, regardless of who issues it or on which chain, can be merged for trading, achieving true liquidity unification, and institutional-grade compliance standards will allow large funds to enter the market
This will completely break the boundaries between TradFi and DeFi
The global bond market is 140 trillion USD, and the securities market is 220 trillion USD. Even if only 1% goes on-chain, it will still be a multi-trillion market; where is the ceiling?🤔
Momentum X is striving to become the unified entry point for this trillion-dollar market
🔅 Special reminder, the joint mining activity of OKX Wallet has been extended to September 22, remember to participate👇
https://web3.okx.com/zh-hans/earn/activity/xbtc-sui-season1
#momentum #RWA #DEFİ