Caroline Bishop
Jun 05, 2025 08:35
OKX Ventures invests in Momentum, a decentralized alternate on the Sui blockchain, aiming to boost DeFi by means of revolutionary liquidity options and high-performance buying and selling.
OKX Ventures, the funding arm of the globally acknowledged crypto alternate OKX, has introduced a strategic funding in Momentum, a number one decentralized alternate (DEX) working on the Sui blockchain. This transfer is a part of OKX Ventures’ broader technique to help promising blockchain infrastructure initiatives, in line with OKX Ventures.
Momentum’s Modern Method
Momentum has carved out a big area of interest within the DeFi panorama with its deep liquidity swimming pools and high-performance buying and selling infrastructure. The platform employs a ve(3,3) mannequin, a complicated recreation theory-based method that enhances worth distribution and aligns incentives for liquidity suppliers and merchants. This mannequin has helped Momentum obtain $3 billion in swap quantity and $72 million in whole worth locked (TVL), attracting over 420,000 customers in simply two months. It presently handles over 25% of all DEX quantity on the Sui community, boasting buying and selling efficiency ten instances higher than conventional AMMs.
Strategic Alignment with OKX Ventures
The funding by OKX Ventures aligns with its mission to foster blockchain ecosystem progress by backing revolutionary initiatives. Momentum’s technical prowess and spectacular adoption metrics have positioned it as a vital participant within the Sui Community ecosystem. OKX Ventures’ help is predicted to additional bolster Momentum’s improvement and integration inside the broader blockchain panorama.
Momentum’s Future Prospects
ChefWEN, Momentum’s Co-founder and former Lead Architect on Meta’s Libra venture, highlighted some great benefits of Sui’s structure, which provides near-instant transaction finality and scalability below heavy hundreds. This strong infrastructure is predicted to help Momentum in delivering a seamless, centralized exchange-like expertise on-chain, additional enhancing its aggressive edge within the DeFi house.
About OKX Ventures and Momentum
OKX Ventures is dedicated to exploring and investing in cutting-edge blockchain initiatives worldwide, with an preliminary capital dedication of USD 100 million. The funding arm focuses on supporting know-how innovation and the wholesome improvement of the worldwide blockchain business.
Momentum, a Transfer-native DEX constructed on Sui, is backed by distinguished traders akin to Coinbase Ventures and Circle Ventures, amongst others. The platform goals to supply deeper liquidity, higher buying and selling charges, and better earnings for liquidity suppliers by means of its revolutionary ve(3,3) mannequin.
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