Momentum, Wormhole & OKX Forge Game-Changing Alliance to Supercharge Sui Network Liquidity
Three crypto heavyweights just dropped a liquidity nuke on Sui.
Momentum's trading infrastructure, Wormhole's cross-chain magic, and OKX's exchange firepower are merging to transform Sui into a DeFi powerhouse. This trifecta solves Sui's liquidity fragmentation overnight—no more begging for market makers or praying for deep pools.
Behind the scenes: Wormhole's bridge tech lets assets teleport between chains, Momentum's algorithms optimize capital efficiency, and OKX's user base brings retail volume. The result? Sui's TVL could moon faster than a memecoin on Elon's Twitter feed.
One cynical take? After years of 'partnership' press releases that went nowhere, the crypto industry finally gets a real infrastructure play—just as regulators start circling.
Support for Gate, MEXC tokens
As a top interoperability protocol, Wormhole accounts for over $60 billion in all-time volume. The launch of NTT on Sui goes live with initial support for Gate Token (GT) and MEXC Token (MX). Momentum will also support solana memecoin Bonk (BONK) as one of the first tokens in the Wormhole NTT to Sui initiative.
Meanwhile, OKX Cryptopedia is accessible via OKX Wallet, and its learn-to-earn program with a prize pool of more than $1 million will support Momentum and other Sui network players.
Assets to be spotlighted will include xSUI, a newly-launched liquid staking token and xBTC, a Wrapped Bitcoin (BTC) token on OKX.
“By bringing our Native Token Transfers framework to Sui, we’re enabling seamless cross-chain liquidity flows that will strengthen Momentum’s market positioning as they are able to support new native assets and attract new liquidity,” Dan Reecer, co-founder of Wormhole Foundation, said in a statement.
The partnership will seed the supported token pairs on Momentum to boost the protocol’s total value locked, with this going live ahead of the network’s launch of the bridge in September.
Momentum launched in beta on March 31, 2025, with growth momentum sending its TVL to an all-time high of over $95 million within 10 weeks. The project recently raised a strategic round at a $100 million valuation led by OKX Ventures, and participation of the venture capital arms of Coinbase, Gate.io, KuCoin and MEXC crypto exchanges.