The decentralized finance protocol Momentum has announced a collaboration with Wormhole and OKX Wallet aimed at increasing cross-chain liquidity on the Sui blockchain.
Collaboration Between Momentum, Wormhole, and OKX Wallet
Momentum has announced the start of a collaboration with Wormhole and OKX Wallet to enhance liquidity on the Sui blockchain. According to the statement, this partnership promises to bring billions of dollars in cross-chain liquidity to the Sui ecosystem.
Support for Gate and MEXC Tokens
Wormhole, as a leading interoperability protocol, has already processed over $60 billion in transaction volume. The successful launch of NTT on Sui will initially support Gate tokens ([GT]) and MEXC ([MX]), as well as the Bonk ([BONK]) memecoin from Solana.
Momentum's Results and Plans
The partnership will allow Momentum to strengthen its market position by supporting new native assets and attracting new liquidity. Momentum launched in beta on March 31, 2025, and quickly grew its total value locked to over $95 million. The protocol will soon conduct the bridge launch in September 2025.
Momentum's collaboration with Wormhole and OKX Wallet opens new horizons for cross-chain liquidity on Sui, potentially significantly impacting the development of the ecosystem and increasing the attractiveness of this blockchain.