SUI News Today: "Bitget Introduces Perpetual Contracts, Boosting Adoption of Momentum's 'Financial OS'"
- Bitget launched MMT perpetual contracts for Sui-based DeFi protocol Momentum, now listed on Binance's HODLer Airdrops with $265M TVL. - Momentum's three-phase strategy includes Sui-native tools, cross-chain expansion via Wormhole, and RWA tokenization, backed by Coinbase and Circle . - MMT's 1B token supply allocates 7.5M for Binance airdrops, with 204M circulating post-Bitget listing, enabling governance and liquidity incentives. - Despite crypto market volatility (BTC < $104k), Momentum's institutional
Bitget has introduced perpetual contracts for Momentum (MMT), the token associated with the Sui-based DeFi platform Momentum, which was recently featured on Binance's HODLer Airdrops portal, as stated in the
Momentum, which is supported by leading crypto organizations such as
The MMT token, which is central to Momentum's governance framework, has a total supply of 1 billion, with 204 million available in circulation at the time of its November 4 debut. Its functions include enabling veMMT governance rights through bonding, rewarding the community, and unlocking access to exclusive features. Binance set aside 7.5 million MMT tokens for airdrop and promotional activities, with 5 million designated for campaigns following the listing.
Bitget's launch of MMT perpetual contracts coincides with the project's swift uptake. The platform offers trading pairs such as MMT/USDT and MMT/USDC, among others, while Momentum DEX supports bridging via
Elsewhere, the broader cryptocurrency market continues to experience turbulence, with
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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