Momentum: Robinhood for the tokenized world—The decentralized and future financial operating system
The financial world is going through a historic turning point, driven by blockchain technology and tokenization. Amid this revolution, the Momentum project stands out as not just a trading platform, but as the financial operating system for the tokenized world. Imagine the ease of use and the massive scale of the Robinhood platform, but in a completely decentralized and globally accessible format—this is the essence of Momentum.
🎯 Unique positioning and strategic advantage
Momentum strategically positions itself by building on the Sui network, giving it features that are not easily available to competitors:
• Blue Ocean of users: The Sui network has a unique user base that is distinct from other ecosystems in the cryptocurrency space, with minimal overlap. This gives Momentum a "blue ocean" advantage in reaching new users and liquidity quickly.
• Generous environmental incentives: Sui stands out as one of the most generous ecosystems in providing incentives to protocols, significantly accelerating the adoption of decentralized finance (DeFi) and liquidity growth.
📈 Spot DEX dominance (decentralized spot exchange)
The launch of Momentum has seen a resounding and rapid success. In less than 6 months, the platform achieved astonishing figures that demonstrated its immediate dominance in the decentralized exchange space:
• Liquidity: Over $500 million in liquidity has been raised in its spot exchange.
• User base: The number of registered on-chain users on the platform has surpassed 2.1 million.
• Daily trading volume: On October 6th, the platform reached an all-time high (ATH) of $1.1 billion in daily trading volume, ranking third globally in trading volume among decentralized exchanges across all networks, right after Uniswap and Pancake.
Sustainable value model
Momentum is currently transitioning to the innovative ve(3,3) model. This model uses trading fees and ecosystem incentives for continuous purchases of the MMT token and its distribution, creating a self-sustaining value and governance flywheel.
🌐 Beyond spot trading: Perp DEX and Momentum X
Similar to Robinhood expanding from stocks to options to become a dominant platform, Momentum is moving towards horizontal and vertical growth through the launch of Perp DEX (decentralized perpetual futures exchange).
1. Perp DEX (perpetual futures exchange)
The goal is to convert over 2 million spot traders into high-margin traders, unlocking a powerful revenue engine that benefits MMT token buybacks and supports ecosystem growth.
2. Momentum X: The bridge between DeFi and TradFi
Momentum X is the most important and strategic layer for the future, serving as a global layer for Know Your Customer (KYC) that seamlessly connects decentralized finance (DeFi) with traditional finance (TradFi).
• How it works: Users provide their KYC information once, undergoing compliance checks for all tokenized asset issuers.
• All data is stored on the chain using the decentralized storage layer Walrus.
• Data is encrypted by a fully decentralized security layer Seal.
• Supports transaction execution based on a trusted execution environment (TEE) powered by Naltalius.
• Added value: This opens up tremendous uses in traditional finance and builds a two-way market:
• For users: Access to deeper liquidity and more diverse assets while leveraging the full power of DeFi.
• For institutions: Leverage a wide user base and offer complex financial products that are ready for regulatory compliance.
💎 How value accumulates in the MMT token
Every step and every trade made on Momentum returns value directly to the $MMT token:
• From Spot DEX: With the shift to the ve(3,3) model, all spot trading fees and ecosystem incentives will be used to buy back MMT and distribute it to veMMT holders and liquidity providers, directly rewarding core stakeholders.
• From Perp DEX: Trading revenue from futures will be rotated to fund token buybacks, enhancing alignment among traders, liquidity providers, and token holders.
The result is a compounding value loop that never stops.
🌟 Future vision: Global infrastructure
The Sui ecosystem is thriving, and its unique user base gives Momentum a clear and sustainable strategic advantage. With over $40 million in annual environmental incentives, the Momentum token is launching on a solid foundation of support and deep environmental alignment.
In two years, users will not only trade tokens on Momentum. They will be able to trade anything, globally, with compliance, speed, and deep liquidity.
Momentum is the starting point to become the global infrastructure that unites the worlds of traditional and decentralized finance through tokenization technology.
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