Both Momentum and Uniswap v3 are based on the Concentrated Liquidity AMM (CLMM) model.
but the way, @MMTFinance is implemented on Sui is bringing a new direction to DeFi.
1) performance and cost
• built using the Move language on Sui, which allows for faster transactions and much lower gas fees than Ethereum.
2) capital efficiency
• Uniswap v3 achieves an average of 1.5x–2x capital efficiency.
• Momentum reaches up to 4x on major trading pairs thanks to tight margins and low slippage.
3) integrated ecosystem
• Momentum is not just a DEX but forms a complete DeFi ecosystem (MSafe, xSUI, Vaults, Momentum X).
• Uniswap still operates as a single DEX, not yet expanding to staking or RWA.
4) value sharing mechanism
• Momentum distributes 100% of fees and emission to LPs and veMMT holders.
• Uniswap only shares fees with LPs, no vote-lock or staking rewards.
5) impressive growth
• took 80 days to reach over $97M TVL and over $100M daily volume.
• TVL has reached $450M, among the fastest growing DEXs on Sui.
• volume/TVL ratio > 1, indicating efficient use of liquidity.
my thoughts
→ @MMTFinance not only replicates the CLMM model but also upgrades it with Move technology and Sui's integrated ecosystem.
if Uniswap once shaped DeFi 1.0, Momentum is paving the way for DeFi 2.0 on Sui with efficient liquidity, low fees and transparent distribution mechanism.
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