Close Menu
Cryprovideos
    What's Hot

    $425 Trillion Bitcoin in 20 Years Is Not Pessimism, Believes Prime Knowledgeable

    June 8, 2025

    JPMorgan Warns Slowdown Step by step Seeping Up and Spreading Throughout US Financial system Regardless of Job Progress Topping Estimates – The Each day Hodl

    June 8, 2025

    OKX Ventures Makes Strategic Funding in Momentum DEX on Sui Blockchain

    June 8, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»OKX Ventures Makes Strategic Funding in Momentum DEX on Sui Blockchain
    OKX Ventures Makes Strategic Funding in Momentum DEX on Sui Blockchain
    Markets

    OKX Ventures Makes Strategic Funding in Momentum DEX on Sui Blockchain

    By Crypto EditorJune 8, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Caroline Bishop
    Jun 05, 2025 08:35

    OKX Ventures invests in Momentum, a decentralized alternate on the Sui blockchain, aiming to boost DeFi by means of revolutionary liquidity options and high-performance buying and selling.

    OKX Ventures Makes Strategic Funding in Momentum DEX on Sui Blockchain

    OKX Ventures, the funding arm of the globally acknowledged crypto alternate OKX, has introduced a strategic funding in Momentum, a number one decentralized alternate (DEX) working on the Sui blockchain. This transfer is a part of OKX Ventures’ broader technique to help promising blockchain infrastructure initiatives, in line with OKX Ventures.

    Momentum’s Modern Method

    Momentum has carved out a big area of interest within the DeFi panorama with its deep liquidity swimming pools and high-performance buying and selling infrastructure. The platform employs a ve(3,3) mannequin, a complicated recreation theory-based method that enhances worth distribution and aligns incentives for liquidity suppliers and merchants. This mannequin has helped Momentum obtain $3 billion in swap quantity and $72 million in whole worth locked (TVL), attracting over 420,000 customers in simply two months. It presently handles over 25% of all DEX quantity on the Sui community, boasting buying and selling efficiency ten instances higher than conventional AMMs.

    Strategic Alignment with OKX Ventures

    The funding by OKX Ventures aligns with its mission to foster blockchain ecosystem progress by backing revolutionary initiatives. Momentum’s technical prowess and spectacular adoption metrics have positioned it as a vital participant within the Sui Community ecosystem. OKX Ventures’ help is predicted to additional bolster Momentum’s improvement and integration inside the broader blockchain panorama.

    Momentum’s Future Prospects

    ChefWEN, Momentum’s Co-founder and former Lead Architect on Meta’s Libra venture, highlighted some great benefits of Sui’s structure, which provides near-instant transaction finality and scalability below heavy hundreds. This strong infrastructure is predicted to help Momentum in delivering a seamless, centralized exchange-like expertise on-chain, additional enhancing its aggressive edge within the DeFi house.

    About OKX Ventures and Momentum

    OKX Ventures is dedicated to exploring and investing in cutting-edge blockchain initiatives worldwide, with an preliminary capital dedication of USD 100 million. The funding arm focuses on supporting know-how innovation and the wholesome improvement of the worldwide blockchain business.

    Momentum, a Transfer-native DEX constructed on Sui, is backed by distinguished traders akin to Coinbase Ventures and Circle Ventures, amongst others. The platform goals to supply deeper liquidity, higher buying and selling charges, and better earnings for liquidity suppliers by means of its revolutionary ve(3,3) mannequin.

    Picture supply: Shutterstock




    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    JPMorgan Warns Slowdown Step by step Seeping Up and Spreading Throughout US Financial system Regardless of Job Progress Topping Estimates – The Each day Hodl

    June 8, 2025

    Ignore the AI jobs doomers, AI is sweet for employment says PWC: AI Eye

    June 8, 2025

    President Milei Cleared in $LIBRA Ethics Probe

    June 8, 2025

    TRX $4 Billion Demand Zone Signifies The place Tron Worth is Headed

    June 8, 2025
    Latest Posts

    $425 Trillion Bitcoin in 20 Years Is Not Pessimism, Believes Prime Knowledgeable

    June 8, 2025

    Bitcoin Backing Urged as Musk-Trump Feud Escalates – Bitbo

    June 8, 2025

    Can Bitcoin Hyper Be the Subsequent Massive BTC Layer 2? Right here’s What to Know as Presale Heats Up

    June 8, 2025

    1 Bitcoin Up For Grabs On Netflix Actuality Present 'Home Of Streams'

    June 8, 2025

    Bitcoin Whale Breaks Silence With $26 Million Switch — What’s Going On?

    June 8, 2025

    Stellar (XLM) Dethrones Bitcoin Money (BCH) in Market Shift

    June 8, 2025

    Bitcoin Worth Approaches $106,000 As Resurgence Continues — However Watch Out For This Degree | Bitcoinist.com

    June 8, 2025

    Michael Saylor teases recent Bitcoin purchase after $1B inventory providing

    June 8, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Anchorage Digital Nabs BitLicense to Supply Crypto Buying and selling to New York Establishments – Decrypt

    December 18, 2024

    25-12 months-Outdated ‘AGiantSchnauzer’ Hacked SEC’s X Account To Trigger Spike in Bitcoin Worth

    November 3, 2024

    The place is the 2025 Altcoin Season Crypto Merchants Are Ready For?

    February 13, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.