Momentum is a DeFi protocol built on the Sui network that focuses on liquidity efficiency, yield optimization, and community-driven governance. Momentum uses a vote-escrow model where users can lock MMT to receive veMMT, giving them influence over protocol decisions and priority access to new products, vaults, and opportunities within the ecosystem.

ChefWEN, a founding engineer of the Meta Libra project, is the co-founder of Momentum.

• MMT token: MMT is the native token of the Momentum protocol that powers the ecosystem. It is used for bonding, governance, rewards, and unlocking premium features. 

• Built on Sui: Momentum benefits from Sui’s scalable, low-latency, and low-fee infrastructure, enabling fast and cost-efficient DeFi interactions.

• Vote-Escrow Bonding (veMMT): Users can lock MMT to receive veMMT, which grants governance power, higher rewards, and access to premium features.

• Cross-chain integration: Momentum is integrated with Wormhole, Sui Bridge, Squid, and Lifi to enable multi-chain liquidity and greater accessibility across DeFi ecosystems.

MMT is positioned in the growing DeFi space, offering efficient yield strategies and incentives for long-term token locking, making it a promising crypto. The token’s vote-escrow model, strong governance design, and reward-driven ecosystem give real-world utility to token holders, boosting its long-term growth. Besides, MMT is built on the Sui network, leveraging the platform’s high speed, low fees, and growing DeFi ecosystem. However, like any early-stage project, its long-term success depends on sustained adoption and broader market conditions.

You can buy MMT from crypto platforms like CoinSwitch.

• MMT can be bought and traded on crypto platforms like CoinSwitch. 

• The MMT token is used to facilitate all transactions within the platform, including rewarding liquidity providers.

• veMMT holders can participate in protocol governance by voting on proposals and other changes.

• veMMT holders can unlock privileged access to Momentum’s ecosystem, like early participation in new yield vaults.

• Built on the Sui blockchain, Momentum leverages the platform’s high speed, low fees, and growing DeFi ecosystem.

• Momentum is backed by prominent investors in the crypto space, including OKX Ventures, Coinbase Ventures, Gate Ventures, and KuCoin Ventures.

• Momentum aims to improve capital efficiency through curated vaults and optimized liquidity strategies.

• MMT is subject to market volatility like all cryptos.

• The vote-escrow model requires locking tokens, which reduces flexibility for users.

• It faces strong competition from other established DeFi protocols.

• Start investing in MMT with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Momentum Finance held an Initial DEX Offering (IDO), not an Initial Coin Offering (ICO). The Token Generation Event (TGE) took place on November 4, 2025. The TGE was held on the OKX Jumpstart platform, distributing 0.10% of its total supply. The platform also raised $4.50M via public sale. In June 2025, Momentum had a strategic funding round at a $100M valuation led by prominent investors, including OKX Ventures, Coinbase Ventures, Gate Ventures, and KuCoin Ventures.