Momentum Teams Up with Wormhole and OKX wallet for enhanced Sui Liquidity
Momentum, a decentralized finance platform on sui, is forging a new alliance with Wormhole and OKX Wallet. This partnership will infuse the Sui network with billions in cross-chain liquidity.
key to this collaboration is Wormhole’s Native Token Transfer (NTT) framework. It allows for easy asset transfers from Ethereum Virtual Machine chains and Solana to sui.Momentum is the first decentralized exchange to support these NTT-powered assets.
OKX Cryptopedia, a learn-to-earn platform, will also play a role. Users can access it via OKX Wallet and earn rewards while learning about crypto. The program offers a prize pool of over $1 million. It will support Momentum and other Sui network players.
- initially, the NTT will support Gate Token (GT) and MEXC Token (MX).
- Momentum will also support Solana’s Bonk (BONK) token.
- xSUI and xBTC tokens will be highlighted in the program.
Dan Reecer, co-founder of the Wormhole Foundation, stated, “This move enables seamless liquidity flows on Sui, boosting Momentum’s market standing.”
Launched in beta on March 31, 2025, Momentum quickly grew. It reached a TVL of over $95 million in 10 weeks. Recently, it closed a $100 million strategic fundraising round, backed by major crypto players.
