What Is Momentum Finance and Why Should You Care?

Momentum Finance is making waves in the decentralized finance (DeFi) space as a decentralized exchange (DEX) built on the Sui Network. If you're new to this, a DEX is a platform where you can trade cryptocurrencies directly with others without a middleman, like a bank. Sui, on the other hand, is a blockchain known for its speed and security, powered by the Move programming language, which helps developers build safer and more efficient apps.

Momentum Finance stands out with its ve(3,3) model—a tokenomics system that rewards users for locking up tokens and participating in the platform—and its concentrated liquidity market maker (CLMM) framework, which makes trading more efficient. With $10M in backing from big names like Coinbase, Circle, and Aptos, Momentum has already hit a total value locked (TVL) of $24M and over $542M in swap volume, serving 100k+ users. Pretty impressive, right?

The best part? They’re launching a major airdrop campaign to reward early users, and you can get in on the action. Let’s break down how you can participate and potentially score some free tokens.

Step-by-Step Guide to Join the Momentum Finance Airdrop

The thread by Jussy on X gives a detailed roadmap to qualify for the airdrop. Here’s a simplified version of the steps to get you started.

Step 1: Set Up and Connect Your Sui Wallet

First, head over to the Momentum Finance platform. You’ll need a Sui-compatible wallet to interact with the platform. If you don’t have one, wallets like Sui Wallet or Martian Wallet work great. Connect your wallet to the platform, and you’re ready to roll.

Step 2: Perform Token Swaps

To qualify for the airdrop, you need to generate trading activity. This means swapping tokens on Momentum Finance. For example, you can swap SUI for USDC or other supported tokens. The more you swap, the more active you appear, which can boost your chances of qualifying for the airdrop.

Step 3: Provide Liquidity to High-APY Pools

One of the most lucrative ways to participate is by providing liquidity to Momentum’s pools. Liquidity pools are like shared pots of crypto that help facilitate trades on the DEX, and in return, you earn a share of the trading fees—plus some seriously high annual percentage yields (APYs).

Here are some of the top pools Jussy highlighted:

• SUI-USDC: 600% APY
• WAL-SUI: 445% APY
• DEEP-SUI: 680% APY
• LBTC-WBTC: 45% APY

To add liquidity, pick a pool, click “Add Liquidity,” and set a price range of ±20%. You only need to deposit one token of the pair, which makes things easier. Once added, check your position in the “My Position” tab to see your APR, range, and pending yield you can claim.

Step 4: Complete Galxe Quests for Extra Rewards

Momentum has partnered with Galxe to offer additional tasks that can boost your airdrop eligibility. Visit the Momentum Galxe campaign page and complete the quests listed there. These might include social tasks like following Momentum on X or joining their Discord.

Jussy shared the answers to the quiz tasks, which can save you some time:

• Part 1: B, C, B, D, A
• Part 2: C, C, B, B, A
• Part 3: A, B, C, C, B
• Part 4: B, B, C, C, C

Make sure to use the same wallet on Galxe as you do on Momentum to link your activities. Also, grab some roles on Momentum’s Discord for extra rewards.

Step 5: Fill Out the Early Adopter Form

Momentum wants feedback from early users, so they’ve set up a Google Form for you to share your thoughts. You’ll need to provide your email, Discord ID, Sui wallet address, and some product feedback. This step positions you as an early adopter, which could mean better rewards down the line.

Step 6: Why It’s Worth Your Time

You don’t need a ton of money to get started—just $1,000 can be enough. The beauty of this airdrop is that you’re not just spending money; you’re earning yield while you participate. As long as your liquidity position stays in range (that ±20% you set), you’ll earn fees, and the high APYs make it less risky. Plus, the potential for a big airdrop payout is a nice bonus.

Why Momentum Finance and Sui Network Are a Big Deal

Momentum Finance isn’t just another DEX. Its ve(3,3) model encourages long-term participation by rewarding users who lock up tokens, while the CLMM framework ensures efficient trading with less slippage—a common issue in DeFi where your trade price shifts unexpectedly. With over 100k users and $542M in swap volume, Momentum is clearly gaining traction.

The Sui Network, where Momentum operates, is also a rising star in the blockchain world. As of January 2025, Sui supports over 200 decentralized apps and has processed 950 million transactions with a peak capacity of 297,000 transactions per second, according to Sui’s official blog. The Move programming language, which Sui uses, is designed for secure financial applications, reducing vulnerabilities like wallet-draining attacks, as noted in a Sui developer guide.

Final Thoughts: Don’t Miss Out on This Airdrop

The Momentum Finance airdrop is a golden opportunity to get involved with a fast-growing DeFi project on Sui Network. By swapping tokens, providing liquidity, completing Galxe quests, and submitting feedback, you can position yourself for some potentially hefty rewards—all while earning high yields on your crypto.

Ready to jump in? Start by visiting Momentum Finance and following the steps above. And if you found this guide helpful, give Jussy a shoutout on X for breaking down the alpha in such detail!