Picture this: It’s a morning in 2028. You grab your phone, open your crypto wallet, and with a single tap, dive into the vast ocean of global financial liquidity. Instantly, you can trade or invest in the world’s most coveted financial assets and pursue arbitrage opportunities—what would that world look like?

This vision is closer than you think. Momentum is actively paving a path to a future where liquidity is limitless and assets are seamlessly tokenized, empowering everyday people to easily ride the wave of financial opportunity.

The crypto space is overflowing with NFT projects, blockchain games, inscriptions, social platforms, and countless other ventures—many launch with fanfare and disappear just as quickly, soon to be forgotten. Amid this constant churn, only the innovators who solve real problems endure. DeFi has seen repeated rises and falls: Ethereum has gone from widespread criticism to reclaiming its throne, Solana has experienced a meme-fueled surge, and up-and-coming chains like Sui have quietly emerged. Community airdrops and the wealth effect of the SUI token have sparked a wave of new lending, DEX, and staking protocols.

Against this backdrop, Momentum stands out—not just as a DEX on Sui, but as the force behind Momentum X, the institutional trading layer for tokenized assets.

Momentum X: Institutional-Grade Trading Layer for Tokenized Assets

DeFi may be the evergreen of crypto, but the global trend toward asset tokenization is now one of its main highways.

From the earliest tokenization of the US dollar (USDT and USDC) to today’s tokenized US equities, tens to hundreds of trillions in assets are gradually coming on-chain. Major exchanges like Karen, Coinbase, and Bybit have set their sights on this immense opportunity, while protocols like Ondo Finance are racing to launch tokenized stock trading in the coming months.

According to the latest data from RWA.xyz, the value of tokenized on-chain assets has surged to $26.48 billion—and the pace is accelerating.

Capital outside the ecosystem is eager for access, while users within are keen to venture out and mine value from a wider spectrum of financial assets.

Key traits like transparency, immutability, and worldwide accessibility enable traditional financial assets—real estate, stocks, bonds, commodities—to flow as tokens on the blockchain, facilitating 24/7 trading and fractional ownership.

The future of investing will be effortless. As a retail investor, you might be sipping coffee and using Momentum X to buy tokenized Apple shares with a click—no intermediaries, no time zone barriers. Trades settle instantly on the Sui blockchain, and fractional ownership means you can invest in large assets with just $100. New doors to wealth are opening wide.

Still, there are practical hurdles that must be cleared before asset tokenization reaches its full potential.

Three Major Challenges for Retail and Institutions

Right now, each issuer runs its own isolated KYC, interface, and compliance protocols. Even when backed by similar real-world assets, tokens on different blockchains are often treated as completely distinct instruments, resulting in fragmented markets, lower efficiency, and a lack of unified deep liquidity. Tokenized assets on Base and Solana, for example, generally don’t interoperate.

This fragmentation can lead to market anomalies—insufficient order book depth causes absurd price spikes. On July 3, a user tried buying roughly $500 of Amazon token (AMZNX), briefly pushing the price to $23,781.22, over 100 times Amazon’s previous closing price.

Off-chain compliance also relies heavily on intermediaries, not smart contracts, leaving loopholes. For instance, on August 13, MyStonks—a decentralized RWA platform—froze 6.2 million USDT belonging to user Caroline. Despite extensive documentation, the issue remains unresolved, and trust costs are sky-high.

Lack of liquidity, abnormal pricing, and asset security have become the three biggest challenges for ordinary users.

And for well-connected institutions? They face plenty of their own issues.

Fidelity, a Wall Street titan managing over $10 trillion, routinely trades stocks, bonds, and funds—but transacting large blocks of corporate bonds remains a headache.

Take Fidelity’s purchase of billions in US corporate bonds for pension or hedge funds. Traditionally, this involves:

Fragmented liquidity: The bond market is scattered across exchanges and OTC platforms, so liquidity is disconnected, causing price swings and execution delays.

Poor settlement efficiency: Settlement takes two or three days, with multiple intermediaries driving up costs and risk (think counterparty defaults).

Compliance barriers: Cross-border trades face SEC, FINRA regulations, and strict KYC/AML, all limiting global liquidity.

How can institutions overcome pain points—settling tokenized assets instantly on blockchain, unlocking global liquidity, and maintaining compliance and security?

Traditional giants like Fidelity need an institutional-grade bridge to truly bring assets on-chain in the new crypto era.

Wallet + Identity: Unlocking the Trillion-Dollar Market

This is Momentum X’s core value proposition: as the institutional-grade trading and settlement layer for tokenized assets, it not only facilitates trading, but also solves the “last mile” problem for RWAs.

Momentum X organizes the RWA ecosystem into a unified framework, with compliance, audit, and logic built directly into the token layer—supported by Sui’s specialized infrastructure.

• Unified identity layer: Walrus (using ZK tech) and encrypted Seal permissions enable single-shot KYC/AML;
• Issuer interoperability: RWAs from different issuers can be exchanged and traded seamlessly;
• Programmable compliance: Asset-layer embedding of investor rights, jurisdictional authority, and trading restrictions;

For institutions, Momentum X’s native DeFi integration means you can trade or stake tokenized bonds all on-chain. Cross-chain liquidity stitches together fragmented markets; EVM assets can be deployed to Sui within hours, with high throughput and zero congestion. Pension funds can harness automated vault strategies for dynamic risk management, while real-time compliance tools attract TradFi giants—driving RWAs from tens of billions into the trillion-dollar realm.

A typical workflow looks like this:

When you transact via a DApp, the system sends a qualification request to the Momentum X API, verifying the application’s right to initiate identity checks. Leveraging Seal technology, the system retrieves encrypted identity data from Walrus, decrypts only what’s necessary to comply with asset rules—jurisdiction, credentialing, transfer limits, and so on.

The proof is returned to the app. If you qualify, your transaction is instantly approved. This maintains regulatory compliance, safeguards privacy, and delivers a frictionless experience for both institutions and individuals.

Simply put, Momentum X’s goal is to enable seamless access to the trillion-dollar on-chain market through one address, one identity. Sui’s high performance and throughput power the technical foundation, while Walrus and ZK technology keep privacy secure—so users can move freely and efficiently across global financial markets with Momentum X.

Soon, after verifying your identity on Momentum X, you’ll be able to instantly buy financial assets you want on Fidelity, Robinhood, and other blockchain platforms—without submitting piles of documents on every login.

Daily life will be transformed: you’ll stake tokenized stocks on Momentum X, earn tokens while maintaining liquidity, then lend those assets for passive income—all from a single touchpoint. Future expansion will add new asset classes, like private equity, with institutional-grade staking strategies enabling big funds to participate seamlessly.

DeFi and TradFi are merging at an unprecedented pace—choosing RWAs will be as easy as shopping for groceries, and global capital will flow with no borders or time zones.

DEX Volume Surpasses $8 Billion; TVL Tops $180 Million

In 2023, Mysten Labs’ public chain Sui attracted developers with its Move language, optimized throughput, and low latency. From 2024 to 2025, Sui’s stablecoin supply skyrocketed from $5.4 million to a record $1.243 billion by July 16 of this year.

On the ecosystem side, DeFi TVL hit a historic high of roughly $2.25 billion, while DEX daily volume topped $300 million and soared past $746.69 million on August 15. Lending protocols have benefited as well, with monthly DEX volume approaching $15 billion—a strong sign of user engagement and capital inflow.

But Sui’s early biggest challenge was liquidity depth: users wanted to trade, but shallow liquidity meant high slippage. If trade slippage can’t be controlled—even whales won’t risk big buys.

Momentum solved this by letting LPs provide liquidity within custom price ranges, unleashing depth where it counts most and improving both trading execution and LP returns.

Momentum’s Beta launched at the end of March, and its rapid growth curve showcased explosive momentum. In just four months, TVL climbed to $180 million, a new all-time high.

By August 7, Momentum’s official data revealed wallet users topped one million, doubling in just two weeks. TVL is only one side of the story; trading volume reveals user loyalty. On August 18, Momentum’s official Twitter announced its total DEX trading volume exceeded $8.4 billion.

This is just two months after the Sui ecosystem’s Cetus protocol was hacked. Instead of suffering a knockout blow, Sui showed remarkable resilience and system vitality. Several projects fell due to hacks or liquidity issues; legacy DEXs like Cetus saw TVL plunge. Momentum responded quickly with fund recovery and restored its liquidity.

Momentum’s origins trace back to MSafe, which launched on Aptos late 2022 and on Sui in 2023. MSafe was the Move ecosystem’s first multisig treasury and token vesting solution. Its multi-party signature system (mmmt mechanism) ensures treasury assets aren’t exposed to single-point failures.

This dramatically boosts security, encouraging major liquidity providers to participate—benefiting the ecosystem and triggering a positive cycle.

Liquidity and Innovation

Dive into Momentum’s product suite and you’ll see it goes far beyond traditional DEX boundaries. Its foundation is the ve(3,3) mechanism: users lock up MMT tokens and receive veMMT voting power, determining how rewards are allocated. Unlike Curve’s veCRV, Momentum’s (3,3) focuses on a win-win-win—traders get low slippage, LPs earn high APR, holders share protocol fees.

Simply put, ve(3,3) lets both token holders and active LPs participate confidently without worrying about price swings or impermanent loss. The mechanism hasn’t launched yet, but official posts say it will cut trading fees by 80% and boost LP returns by 400%. After Momentum goes live, the ve(3,3) flywheel could drive protocol revenue to $60 million per year.

Momentum recently rolled out AI Vaults. If you’re baffled by impermanent loss and other advanced parameters, these tools turn DeFi from an expert’s domain into a source of passive income for everyday users—lowering the entry barrier for newcomers.

Momentum also launched Token Generation Lab (TGL), evolving from a trading platform to a Sui-based incubator that fuels wealth creation. xSUI—Momentum’s liquid staking token—maximizes composability, yield, and capital efficiency.

If you’re a SUI whale or a power user, you’ll find multiple ways to profit—staking, AI strategy management, new token launches, and more.

Momentum’s elite venture backers and experienced founders deliver tremendous confidence in its future.

Momentum raised $5 million in seed funding led by Jump in 2023. In March 2025, it secured another $10 million led by Varys Capital, with Sui Foundation participating. Even with VCs turning cautious, Momentum closed strategic funding at a $100 million valuation this June, led by OKX Ventures and joined by Coinbase Ventures and others.

The core team mainly comprises Move language specialists. Co-founder and CEO ChefWEN holds a PhD in computer science from UC Berkeley, spent seven years at Meta (Facebook) on the Libra/Diem core engineering team, and directly contributed to creating the Move language.

Conclusion

Momentum X will expand RWA listings to cover additional asset types such as tokenized private equity and will introduce new institutional staking and vault strategies. The platform will also roll out compliant capital tools for institutions, including integrated solutions like automated KYC portals, real-time risk dashboards, and cross-chain settlement APIs—catalyzing the RWA market’s leap from tens of billions to trillions.

Retail users can build wealth through passive income. Institutions gain through efficient settlements.

Imagine a global financial playground: everyone can participate, and DeFi is no longer reserved for the elite—it’s a future open to all. As Sui’s TVL keeps rising and institutional adoption accelerates, Momentum X is poised to become core infrastructure for the crypto sector, unleashing the next wave of liquidity innovation.

Disclaimer:

1. This article is republished from [Foresight News]. Copyright is held by the original author [1912212.eth, Foresight News]. For any republishing concerns, please contact the Gate Learn team. We will process your request promptly according to standard procedures.
2. Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute investment advice.
3. Other language versions were translated by the Gate Learn team. Do not reproduce, distribute, or plagiarize translated versions unless Gate is explicitly credited.