Momentum DEX, a fast-growing decentralized exchange built on the Sui blockchain, has announced major new partnerships with Wormhole and OKX Wallet. The move is part of a bigger effort to bring billions of dollars in liquidity into the Sui ecosystem in 2025.This partnership is also aligned with the launch of Momentum’s 12-week WAGMI Trading Competition, a campaign that will reward users with tokens via an airdrop.
Wormhole, a leading cross-chain messaging protocol with over $60 billion in total multichain volume, recently launched its Native Token Transfers (NTT) on Sui. Momentum will be the first DEX to support these NTT-based assets, allowing users to move tokens easily between different blockchains. According to Dan Reecer of the Wormhole Foundation, this enables smoother cross-chain liquidity and helps Momentum attract new assets and users.
Momentum is also teaming up with GateToken (GT), MEXC Token (MX), and Bonk (BONK) to be among the first projects using Wormhole’s NTT system. The goal is to bridge tokens from Ethereum-compatible blockchains and Solana to Sui. Once bridged, these tokens will be listed on the Momentum DEX. This is expected to boost Total Value Locked (TVL) and bring more liquidity into the Sui ecosystem. The full launch of the bridge is planned for September 2025.
Momentum is partnering with OKX’s Cryptopedia, a learn-to-earn platform on the OKX Wallet. With a $1 million prize pool, it will feature Sui projects like Momentum, xSUI, and xBTC, helping users explore and earn rewards. Momentum DEX, which launched in beta on March 31, has quickly grown to over $95 million in TVL, $4 billion in swap volume, and 450,000+ users in just 10 weeks.
The WAGMI Trading Competition runs from June 16 to September 8. Users can earn non-transferable points called “Bricks” by trading and adding liquidity on Momentum. These Bricks will later be converted into airdrop tokens during the Token Generation Event (TGE), which marks the final stage of Momentum’s launch plan.
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