Momentum

• Momentum is a decentralised exchange and liquidity protocol on Sui using concentrated liquidity.

• It also provides liquid staking and multi-signature wallet infrastructure for the Move ecosystem.

• MMT is the governance and utility token.

• Supply allocated across community, ecosystem and contributors.

• Used for governance and fee distribution.

Pros:

• Combines trading, staking and custody tooling rather than a single product.

• Concentrated liquidity improves capital efficiency for providers.

• MSafe multi-signature product has independent utility.

Cons:

• Sui ecosystem dependency.

• Competes against DeepBook, which is embedded at the chain level.

• Early stage relative to established DEXs.

• Exposure to Sui DeFi infrastructure across several products.

• Multi-product structure diversifies revenue.

• Weigh competition from chain-level infrastructure.

• A DEX combined with multi-signature wallet infrastructure, addressing both trading and institutional custody on the same chain.

• The Move ecosystem lacked both efficient trading venues and institutional-grade custody tooling.

• Building both together serves the users who need them at the same time.

• Founded by a team operating publicly within the Sui and Move ecosystems.

• Backed by Sui-aligned investors.

• Momentum held a public community sale for MMT on Buidlpad in 2025, alongside ecosystem and community distribution.

• Sui ecosystem dependency.

• Competition from protocol-level order book infrastructure.

• Early stage with limited operating history.

• Smart contract risk across multiple products.