What is Momentum (MMT)? Sui DeFi's new star TGE skyrockets 4000%

What is Momentum (MMT)? Momentum is a decentralized finance (DeFi) hub built on the Sui blockchain, providing trading, staking, and asset management services within a unified ecosystem. MMT is the native token of the protocol, which surged from $0.39 to a historical high of $4.47 after TGE, an increase of over 4000%.

What is Momentum (MMT)? Sui Ecosystem Liquidity Foundation

Momentum is an integrated decentralized finance (DeFi) platform based on the Sui blockchain, serving as the liquidity backbone for the Sui ecosystem. The platform adopts concentrated liquidity technology and an innovative ve(3,3) governance model, creating a system with deeper liquidity, smarter rewards, and more reasonable user incentives. The core goal of Momentum is to become the financial pillar of the Sui DeFi ecosystem, addressing the low capital efficiency issues of traditional automated market makers (AMMs).

Momentum Platform Empowerments

· Trade native and cross-chain assets on Momentum DEX, a decentralized exchange utilizing a model similar to Uniswap V3’s concentrated liquidity, offering narrower spreads and lower slippage

· Stake SUI to earn xSUI, a liquidity token that accrues staking rewards and can be used in DeFi applications

· Manage funds securely with MSafe, a multi-signature wallet designed for Move-based blockchains

· Visit Momentum Vaults, which offer carefully curated strategies that automatically generate yields based on on-chain activity

Momentum is built using Sui’s Move programming language, leveraging Sui’s high throughput and low latency to provide near-instant, low-cost transactions. The exchange employs Sui’s Programmable Transaction Blocks (PTB) technology, bundling operations like swaps, liquidity addition, and staking into a single transaction to improve execution efficiency and reduce costs. Through cross-chain integration with the interoperability protocol Wormhole, Momentum DEX supports trading across multiple networks.

MMT Token Economics and Binance Airdrop Details

MMT is the native token of the Momentum protocol, usable on the Sui network. It serves multiple purposes within the Momentum ecosystem. MMT adopts a voting escrow model; when you stake MMT, you receive veMMT, which grants governance rights based on the amount staked and lock-up duration. veMMT holders can vote on proposals, parameter updates, issuance plans, and other governance decisions affecting the ecosystem.

The total supply of MMT is 1 billion tokens, with approximately 204 million currently in circulation. The community holds the largest share at 42.7%, allocated for liquidity incentives and ecosystem rewards. Remaining supplies are distributed to the team, investors, and development funds, with all allocations subject to extended lock-up periods to prevent early sell-offs. To balance growth and supply, Momentum combines controlled issuance with periodic token burns, ensuring liquidity growth while maintaining scarcity.

On November 3, 2025, Binance announced MMT as the 56th project in the Binance HODLer Airdrop program. Between November 17 and 19, users participating in BNB-based Simple Earn and/or On-Chain Yields products were eligible for the MMT airdrop. The program allocated 7.5 million MMT tokens, representing 0.75% of the initial total supply. MMT is listed on Binance with a seed label, trading pairs include USDT, USDC, BNB, and TRY.

Impressive 4000% Surge Post-TGE

(Source: TradingView)

Since its launch at the end of 2025, MMT has rapidly gained attention on the DeFi market, becoming one of the most watched tokens on the Sui blockchain. The token exhibited remarkable trading activity shortly after listing, with daily trading volumes reaching hundreds of millions of dollars within days. Its price soared from around $0.39 to a peak of $4.47, a gain of over 4000%, reflecting strong investor demand and early speculative enthusiasm.

Following the surge, MMT entered a healthy correction phase. The price did not sustain its peak but created a lower high, subsequently falling by 70%. The downward momentum found support around the $1.20 level, triggering a continued rebound. Another positive sign is that the price has broken out of the descending wedge pattern that persisted since the all-time high. Currently, MMT trades between $1.20 and $1.40, maintaining strong support despite market volatility.

In addition to its impressive price movement, on-chain data for Momentum also shows promising signs. The project has attracted millions of users, with total value locked (TVL) reaching hundreds of millions of dollars and total trading volume in the billions. Such active trading indicates not only speculative activity but also genuine ecosystem participation. As the first major decentralized exchange (DEX) on the Sui platform, Momentum’s liquidity incentives, efficient design, and active community engagement position it as a potential cornerstone for DeFi growth on Sui.

Why is Momentum (MMT) Worth Watching?

First-mover advantage: As one of the earliest DEXs on Sui, Momentum has established a solid position in liquidity and user activity

Innovative tokenomics: The ve(3,3) model encourages users to lock MMT for voting rights and rewards, promoting long-term participation and reducing short-term speculation

Community-centric distribution: 42.7% of MMT supply is allocated for community rewards and liquidity programs, ensuring value flows back to active users

Strong performance metrics: The platform has achieved significant growth, with TVL reaching hundreds of millions, trading volume in the billions, and millions of users

Cross-chain potential: Momentum’s roadmap includes interoperability features to connect Sui’s DeFi ecosystem with other major networks

Momentum plans to launch several new products in 2026. In the first quarter, it aims to introduce a perpetual DEX supporting derivatives and perpetual futures trading on Sui. The Momentum Token Generation Lab (TGL) is also scheduled to launch in the same quarter as a dedicated platform for mature projects. Momentum X, expected in Q2 2026, will integrate trading and compliance functionalities into a single institutional-grade platform.

MMT Price Forecast 2025-2030

(Source: CoinMarketCap)

In the short term (Q4 2025 to 2026), after a strong initial performance, MMT’s price may consolidate between $0.90 and $2.50 as the market stabilizes. A wedge breakout could trigger a significant rally, with continued buying pressure pushing the price toward $2.80. Ongoing liquidity and active participation in Momentum DEX are expected to support a gradual price recovery and stabilization before 2026.

In the medium term (2026-2027), if the Sui ecosystem continues expanding and Momentum maintains its leading DEX position, MMT could see further growth. With broader adoption, more exchanges listing, and increased governance participation, the token’s price might range between $3 and $5. However, token unlocks and issuance increases could temporarily exert downward pressure.

In the long term (2028-2030), Momentum’s success will depend on sustained user growth and protocol innovation. If it achieves its vision of becoming a multi-chain liquidity hub and continues integrating real-world assets, MMT’s price could reach $6 to $10. This outlook assumes the Sui ecosystem matures further and governance engagement remains high.