Momentum

Momentum is a decentralized exchange application whose native token is MMT. It is designed to let users trade digital assets directly with one another without a centralized intermediary, targeting the audience of traders and liquidity providers active on the BNB Chain and Sui ecosystems. The project aims to address the inefficiencies and custody risks associated with centralized trading venues.

Momentum operates as a decentralized exchange, meaning trades are settled on-chain through smart contracts rather than through a central order book. The MMT token functions as an exchange-based token within this system, and the protocol lives across both the BNB Chain and Sui networks. Beyond those points, the on-chain mechanics of how MMT specifically governs or accrues value within the protocol are not detailed in the data stored here.

Momentum generated 1,047 USD in fees and 209 USD in protocol revenue over the most recent 24-hour period, and 54,003 USD in fees and 10,802 USD in protocol revenue over the trailing 30 days. The protocol's take rate over the trailing 30 days was approximately 20 percent, meaning the protocol retained roughly one-fifth of total fees collected while the remaining 43,201 USD over that same period was distributed to liquidity providers as supply-side revenue. Annualizing the trailing 30-day fee figure produces an estimated 657,037 USD per year, and total locked value stood at 4,176,817 USD at the point-in-time measurement, giving a market-cap-to-TVL ratio of approximately 8.58.