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The world’s largest crypto exchange by trading volume is planning to airdrop the native token of a new decentralized finance (DeFi) platform built on layer-1 blockchain Sui (SUI).

Binance says it is airdropping and listing Momentum (MMT), the 56th project on the platform’s HODLer Airdrops page.

“Momentum (MMT), an all-in-one DeFi hub on Sui blockchain that provides deep liquidity, best trading tools and experience for users.

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Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-10-17 00:00 (UTC) to 2025-10-19 23:59 (UTC) will get the airdrops distribution. The HODLer Airdrops information is estimated to be available in 24 hours, and the new token will be distributed to users’ Spot Accounts at least 1 hour before trading starts.

Binance will then list MMT at 2025-11-04 12:00 (UTC) and open trading against USDT, USDC, BNB and TRY pairs. The seed tag will be applied to MMT. Users can start depositing MMT at 2025-11-03 10:00 (UTC).”

According to Momentum’s whitepaper, the platform aims to be a hub where users can trade other assets built on SUI, extend to assets on other chains and unlock Real-World Assets (RWA).

See also
Falling US Dollar Could Trigger ‘Full Bubble Cycle’ in Risk Assets, According to Ex-Goldman Sachs Exec Raoul Pal

MMT is the governance token of the Momentum ecosystem. It is also used to reward community member involvement in blockchain growth.

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FinSmart is your go-to platform for "smart finance", where we break down complex financial topics simply and clearly. We help you navigate the financial world with confidence

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