As per BitcoinWorld, Momentum (MMT) has launched its Perp DEX on the Sui blockchain, offering Hyperliquid-style perpetual trading. The platform integrates Aster DEX’s backend and risk engine, enabling cross-chain trading, leveraged positions, and enhanced capital efficiency. It uses an MLP vault model to provide unified liquidity pools and automated risk management. Sui’s high-throughput architecture supports sub-second finality and low gas fees, making it ideal for perpetual trading. The Perp DEX aims to combine the security of DeFi with the advanced features of centralized exchanges.
Momentum Launches Hyperliquid-Style Perp DEX on Sui Blockchain
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