Momentum, a decentralized exchange (DEX) on the Sui blockchain, is making waves in the DeFi space, and a recent tweet by @FabianoSolana has caught the attention of crypto enthusiasts. The tweet describes Momentum as a potential “Jupiter of Sui,” highlighting its $10M raise from big names like Coinbase and Circle, and even Sui’s co-founder, Eman Abio. With a confirmed airdrop that’s still “underfarmed,” you can get in on the action with as little as $100. Let’s break down what this means and how you can participate.

What Is Momentum and Why Does It Matter?

Momentum (@MMTFinance) is a decentralized exchange built on the Sui blockchain, a layer-1 blockchain designed for high-speed, low-cost transactions—similar to Solana but with its own unique tech. Think of a DEX as a platform where you can swap tokens, provide liquidity, and trade without a middleman, all powered by blockchain technology.

In a follow-up post, FabianoSolana notes that Momentum has already hit $1B in total swap volume and boasts over $40M in total value locked (TVL)—impressive numbers for a platform that launched just a few weeks ago. TVL is the amount of money users have deposited into the platform’s pools, a key metric for gauging a DEX’s growth. For context, this rapid rise mirrors the success of Jupiter, a leading DEX aggregator on Solana known for its liquidity aggregation and trading tools, and Meteora, another Solana-based DEX focused on swapping and liquidity provision.

Momentum’s big claim to fame? It’s the world’s first ve(3,3) DEX, a model designed to balance rewards between traders and liquidity providers. Liquidity providers are users who deposit tokens into pools to enable trading, earning fees in return, while the ve(3,3) mechanism ensures they’re fairly rewarded alongside active traders.

The $10M Raise: A Vote of Confidence

Momentum has secured $10M in funding from heavy hitters in the crypto world, including Coinbase Ventures, Circle, and Arcanium. Even Sui’s co-founder, Eman Abio, has invested, signaling strong belief in Momentum’s potential to dominate DeFi on Sui. This kind of backing isn’t just about money—it’s a stamp of approval from industry leaders who see Momentum as a game-changer.

The funds were raised in pre-seed and seed rounds, giving Momentum the resources to build and scale. As FabianoSolana mentions, the token tied to this airdrop won’t just be for governance (voting on platform decisions) but may also include revenue sharing, meaning token holders could earn a cut of the platform’s profits.

Momentum’s Airdrop: How to Get Involved

Airdrops are a popular way for crypto projects to reward early users by distributing free tokens. Momentum’s airdrop is generating buzz because it’s still “underfarmed,” meaning not many people are participating yet, which could mean bigger rewards for early adopters. FabianoSolana’s thread provides a step-by-step guide to get started, and you only need $100 to jump in.

Step 1: Understand the Brick Tiers System

Momentum recently launched its Brick Tiers program, as announced by @MMTFinance on May 2, 2025. This system rewards users with “Bricks” for participating in activities on the platform. The more Bricks you earn, the higher your tier, and the better your chances of a larger airdrop allocation.

There are three main ways to earn Bricks:

• Add Liquidity: Deposit tokens into Momentum’s pools (like SUI/USDC or SUI/LST) to help facilitate trades. You’ll earn fees and Bricks in return. Pro tip: Use SUI/LST pools to minimize impermanent loss, a risk where the value of your deposited tokens changes compared to holding them.
• Trade: Make swaps on the platform. Every trade counts toward your Brick total, and you can start with as little as $100.
• Refer Friends: Share your referral link (found on the leaderboard) to earn extra Bricks for both you and your friends.

Step 2: Start Swapping and Adding Liquidity

To get started, visit Momentum’s website using the referral code Z79VB. Head to the “Trade” section and start swapping tokens. FabianoSolana shares a screenshot showing how easy it is to swap SUI for USDC, with low fees and a clean interface.

Next, go to the “Liquidity” tab and choose a pool to deposit tokens into. Momentum supports single-token deposits, making it beginner-friendly. All pools currently offer a 1x Brick multiplier, but keep an eye out for higher multipliers in the future.

Step 3: Track Your Progress and Refer Friends

Visit the “Leaderboard” section to see your stats, including your TVL and Brick count. You can also grab your referral link here to invite friends and boost your earnings. FabianoSolana emphasizes that this is a great way to build Momentum’s community while earning more Bricks.

Step 4: Bonus Opportunities for Free Rewards

If you’re looking to farm the airdrop without spending money, Momentum has a Galxe campaign where you can complete tasks for potential rewards. There’s also a product feedback form that might lead to additional allocations. These are low-effort ways to get involved and possibly secure a piece of the airdrop.

Why Momentum Could Be the Next Big Thing on Sui

Momentum’s rapid growth—$1B in swap volume and $40M in TVL—shows it’s gaining traction fast. Its ve(3,3) model, as highlighted in a Hampton Global Business Review article, aims to fairly reward both traders and liquidity providers, addressing a common pain point in DeFi. Plus, with backing from Coinbase, Circle, and Sui’s co-founder, Momentum has the credibility and resources to compete with established players like Jupiter and Meteora on Solana.

The comparison to Jupiter and Meteora isn’t just hype. Jupiter is known for aggregating liquidity across Solana’s ecosystem, ensuring the best prices for trades, while Meteora focuses on a seamless swapping and liquidity experience. Momentum is carving out a similar niche on Sui, but with the added twist of its ve(3,3) mechanism and a fresh airdrop opportunity.

Should You Jump In?

If you’re interested in DeFi and looking for the next big opportunity, Momentum’s airdrop is worth exploring. With a low entry point of $100 and multiple ways to earn rewards (trading, liquidity provision, referrals, and Galxe tasks), it’s accessible to both newbies and seasoned crypto users. The $10M raise and rapid growth metrics suggest Momentum could become a major player on Sui, potentially offering significant returns for early adopters.

As FabianoSolana sums it up: Momentum is the fastest-growing protocol on Sui, with a confirmed airdrop and the potential to make money along the way through liquidity provision. Whether you’re a trader, a liquidity provider, or just someone looking to dip their toes into DeFi, Momentum offers a promising opportunity to get in on the ground floor.

Ready to start? Head over to Momentum’s website with the code Z79VB, and don’t forget to check out the full guide linked in FabianoSolana’s tweet for more details. Happy farming!