What is Momentum?
Momentum is positioned to serve as a key liquidity provider for the Move ecosystem through its multi-chain ve(3,3) decentralized exchange. Since its beta launch on March 31, the platform has seen substantial growth, expanding from 700 to over 325,000 users, with total value locked increasing from approximately 200,000 to more than 57 million. Swap volume has also risen significantly, reaching $2.1 billion.
The team behind Momentum previously developed MSafe (Momentum Safe), a platform managing over $700 million in assets across Sui, Aptos, and Movement for treasury management, token vesting, and liquidity provisioning. Momentum is supported by notable investors, including Coinbase Ventures, Circle Ventures, Jump, Aptos Foundation, and Sui Foundation. The core team brings expertise in ve(3,3) DEXs, with contributors from Meta Libra, Curve, Aerodrome, Harmony, and Huobi. Designed as a public good for the Sui ecosystem, Momentum aims to facilitate efficient liquidity flows.
Visit Momentum here.
How to use Momentum?
Connect OKX Wallet: Click “Connect Wallet” on the Momentum interface, select “OKX Wallet,” and approve the connection. Download OKX Wallet here.
Select a pool: Navigate to the “Liquidity” tab, and select your desired pool and click “Add Liquidity”.
Provide Liquidity: Enter the amount of the token you would like to provide. The default setting is for both tokens in the pool. If you would like to provide liquidity with a single token, toggle on “Single token deposit”.
[Optional] Set Price Range: For a more custom strategy, you can also select the price range you would like to provide liquidity between. A smaller price range will generally correlate to a higher yield rate - as long as the token pair stays within specified range.
Confirm Transaction: Click on “Add Liquidity” and sign transactions to confirm your position.