Daily trading volume on Momentum Finance, a decentralized exchange (DEX) on the Sui blockchain, has surpassed $100 million.
As of press time, Momentum’s total value locked stands at $156.4 million, ranking it as the sixth-largest protocol and the largest DEX on the Sui network, according to data from DefiLlama. Sui’s decentralized finance (DeFi) ecosystem has also continued to expand, with total TVL reaching $2.26 billion and the stablecoin market cap surpassing $1 billion.
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