Momentum

Momentum, ticker MMT, is a decentralized exchange application that operates within both the BNB Chain and Sui ecosystems, allowing users to trade digital assets directly with one another without relying on a centralized intermediary. The protocol is designed to make peer-to-peer token swapping accessible on-chain, removing the need for a traditional order-book exchange and the custodial risks that come with one. MMT is the native token of the platform and is classified broadly within decentralized finance.

Momentum functions as a DEX application, meaning it uses on-chain liquidity pools rather than a central matching engine to facilitate trades between users. Liquidity providers deposit assets into these pools and earn a portion of the fees generated by traders who use those pools. The MMT token exists inside this system and, based on the data available, is categorized as an exchange-based token, though no consensus algorithm or block-time data is recorded for the asset itself, reflecting its application-layer rather than base-layer nature.

The protocol collected 1,185 USD in fees over the most recent 24-hour period, 8,184 USD over the trailing 7 days, and 63,644 USD over the trailing 30 days, with a trailing 12-month fee figure of 4,173,299 USD. Of the 30-day fees, the protocol retained roughly 20 percent as revenue — a take rate of approximately 19.998743 percent — translating to 12,728 USD in protocol revenue over that same 30-day window, while supply-side participants, meaning liquidity providers, received 50,916 USD over the same period. Fees and revenue both fell 73.22 percent over the last 30 days, meaning the annualized fee figure of 774,335 USD and the annualized revenue figure of 154,857 USD, both extrapolated from the trailing 30-day period, reflect a pace that is meaningfully lower than what the trailing 12-month totals imply.