Momentum Teams Up with Wormhole & OKX to boost Sui Network liquidity
Momentum partners with Wormhole and OKX to boost cross-chain liquidity and expand DeFi access on the Sui Network.
Momentum, a DeFi protocol built on the Sui Blockchain, is partnering with Wormhole and OKX Wallet to unlock billions in cross-chain liquidity.
Through this collaboration, Momentum becomes the first DEX on Sui to support Wormhole’s Native Token Transfers (NTT), allowing seamless movement of assets from EVM chains and Solana directly into the Sui ecosystem. OKX is also joining in via its Cryptopedia platform — a learn-to-earn hub that will promote Sui-based projects, including Momentum, through reward-driven campaigns.
“We’re building with Wormhole and OKX Wallet to unlock billions in cross-chain liquidity for the Sui Network,” Momentum shared on X.
Big news from @MMTFinance. We’re building with @wormhole and OKX @wallet to unlock billions in cross-chain liquidity for the @SuiNetwork ecosystem.
— Momentum (@MMTFinance) June 19, 2025
This is a major leap forward in development, and it’s just the beginning.
New Assets and Expanded Reach
The NTT rollout begins with support for Gate Token ($GT), MEXC Token ($MX), and Solana’s memecoin Bonk ($BONK). Momentum will also spotlight key assets like $xSUI (a liquid staking token on Sui) and $xBTC (a wrapped Bitcoin token powered by OKX).
Dan Reecer, Co-founder of Wormhole Foundation, explained the move:
“We’re enabling seamless cross-chain liquidity flows that help Momentum attract native assets and new users.”
Strategic Growth Ahead of Bridge Launch
The partnership includes liquidity seeding for new token pairs on Momentum, with the bridge going live this September. The goal: boost total value locked (TVL) and drive user adoption. In addition to Wormhole and OKX, Momentum is working with other major DEXs on Sui, such as FlowX Finance, to amplify liquidity across the ecosystem.
Momentum, which launched its beta on March 31, 2025, hit over $95 million in TVL within 10 weeks. The project recently closed a strategic funding round at a $100 million valuation, backed by OKX Ventures and the VC arms of Coinbase, Gate.io, KuCoin, and MEXC.
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