Launched under the name MSafe in the past, the project officially rebranded to Momentum on February 12, 2025, shifting focus to developing a decentralized exchange.
Momentum is currently one of the most attention-grabbing DEX. Below is the Momentum Airdrop Guide.
What is Momentum?
Momentum is a decentralized exchange (DEX) built on the Sui blockchain. Previously known as MSafe, it started as a crypto asset storage protocol on Sui and Aptos networks. After rebranding to Momentum on February 12, 2025, the project shifted its focus to providing a decentralized exchange platform.
As of April 24, 2025, Momentum’s Total Value Locked (TVL) has surpassed $25 million, with over $300 million in trading volume. Its impressive growth has been further fueled by successful fundraising rounds and increasing user engagement. Now, the project is running an airdrop campaign, and here’s how you can get involved.
Within just one month of launching its DEX, Momentum reached over $19 million in TVL and facilitated more than $300 million in transactions.
Project Phases
Since rebranding in February, Momentum has introduced several key features including Swap, Add Liquidity, Bridge, and social tasks through the Galxe platform. These features allow users to earn points that can later be converted into airdrop rewards.
How to Participate in the Momentum Airdrop
The current airdrop campaign is active, and you can earn rewards by completing tasks through Galxe, engaging on Discord, and using the Momentum DEX.
Step 1: Join the Galxe Campaign The Galxe campaign for Momentum started on February 10, 2025. To participate, you must complete various tasks and quizzes to earn points. Here are the answers to the quizzes:
- Quiz 1: B – C – B – D – A
- Quiz 2: C – C – B – B – A
- Quiz 3: A – B – C – C – B
- Quiz 4: B – B – C – C – C
Although the end date of the campaign is not yet specified, it’s recommended to complete these tasks as soon as possible to maximize your chances of receiving the airdrop.
Step 2: Use Momentum DEX To further increase your chances, visit the Momentum website and connect your Sui wallet. You can participate in the following activities on the DEX:
- Swap: Trade one or more tokens on the platform.
- Add Liquidity: Provide liquidity to a trading pair. Ensure you hold both tokens of the pair before adding liquidity (e.g., SUI/USDC).
Note: Be cautious as swapping and adding liquidity involve risks, including fees and potential losses.
Step 3: Check Your Rank On the Momentum platform, you can track your volume and TVL rankings through the leaderboard. This will give you an idea of where you stand compared to other users and help you keep track of your progress.
Step 4: Participate in Momentum’s Discord Engage with the community on Discord by chatting regularly to earn roles. The available roles include:
- LV3: Initiates
- LV9: Momentling
- LV20: Padawans
These roles are essential for completing tasks in the Galxe campaign as well.
The Current Landscape of Decentralized Exchanges (DEXs)
Decentralized exchanges (DEXs) continue to play a central role in the evolution of Web3 infrastructure. Their core value proposition—facilitating peer-to-peer trading without intermediaries—has attracted a growing user base seeking greater autonomy, security, and control over their digital assets.
However, the DEX ecosystem is far from flawless, facing critical challenges in terms of liquidity fragmentation, user experience, and security.
Key Challenges
- Fragmented Liquidity
Liquidity in the DEX ecosystem is highly fragmented across various blockchain networks such as Ethereum, Solana, BNB Chain, and emerging chains like Sui. Without unified infrastructure or seamless interoperability, DEXs struggle to compete with centralized exchanges in terms of trading depth and efficiency. - User Experience (UX)
While the underlying technology of DEXs is innovative, the front-end experience often lacks the accessibility and intuitiveness expected by everyday users. Wallet management, gas fees, and complex interfaces remain barriers to broader adoption. - Security Risks
DEXs rely on smart contracts, and while these contracts eliminate third-party custody, they introduce new risks. Vulnerabilities in code can lead to major exploits, and unlike centralized platforms, there are typically no recovery mechanisms or support channels for users.
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Leading DEXs in 2025
Despite these challenges, several DEX platforms have achieved significant scale and recognition. Based on Total Value Locked (TVL), trading volume, and ecosystem impact, the following exchanges stand out:
In addition to these established platforms, emerging players such as Cetus and Bluefin on the Sui blockchain, and Jupiter on Solana, are beginning to capture market share by focusing on user experience and capital efficiency.
Notable Security Incidents
As the DEX ecosystem grows, so too do the threats. Several high-profile exploits in recent years have underscored the risks associated with smart contract vulnerabilities:
- Curve Finance (2023): A vulnerability in the Vyper programming language led to losses exceeding $70 million across multiple liquidity pools. This incident shook confidence in even the most established DeFi protocols.
- SushiSwap (2023): An issue in the routing contract for token swaps resulted in over $3 million in losses before the bug was patched and affected users were compensated.
- Balancer (2023): A smart contract exploit led to roughly $2 million in losses. Although the response was swift, the event highlighted the persistent need for rigorous code audits and on-chain monitoring.
These incidents highlight the importance of proactive security practices in smart contract development and maintenance, particularly for protocols handling significant volumes of user assets.
Momentum’s Information Channels
Stay updated with Momentum’s latest news and updates through these official channels:
- Website: Visit the website
- Twitter: Follow on Twitter
Conclusion
DEXs remain a cornerstone of the decentralized finance (DeFi) ecosystem. Their value lies in offering open, transparent, and non-custodial trading environments. However, to achieve broader adoption and sustainability, these platforms must address their current limitations in security, usability, and liquidity management.
Projects like Momentum, which combine innovative design with active community incentives (e.g., airdrops and engagement campaigns), aim to redefine how users interact with DEX platforms. As the space matures, only those protocols that balance decentralization with performance, security, and accessibility will thrive in the long term.
Why You Should Use KEYRING PRO Wallet with Momentum
In the fast-evolving world of DeFi, the right wallet isn’t just a tool—it’s your gateway, your guardian, and your compass. KEYRING PRO Wallet stands tall in this landscape, offering multi-chain flexibility, secure self-custody, and seamless access to ecosystems like Sui, where Momentum thrives.
KEYRING PRO is built for explorers who walk the edge of innovation—those who swap, stake, bridge, and breathe in the rhythms of the decentralized world. It’s non-custodial, open-source, and supports not just Sui but also Aptos, EVM chains, and more, all in one app. No clutter, no chaos. Just speed and security, wrapped in a smooth, intuitive interface.
Want to join the Momentum airdrop or earn points through DEX usage and Galxe quests? KEYRING PRO is your best ally—letting you sign, connect, and confirm actions faster than a whisper on the blockchain wind.
In this game of speed and security, only those with the right tools can dance on the edge. KEYRING PRO isn’t just a wallet. It’s a way of moving.
