BNB News Today: Binance Launches MMT: Sui's Financial OS for DeFi Goes Live

Binance has confirmed the launch of Momentum (MMT) spot trading on November 4, 2025, at 8:00 PM (UTC+8), marking a significant milestone for the DeFi hub built on the Sui blockchain, according to Lookonchain. The exchange will open trading pairs for MMT against USDT, USDC, BNB, and TRY under its Seed + Label trading rules, with deposit channels for the token becoming available on November 3 at 6:00 PM (UTC+8). This listing follows a series of pre-TGE and airdrop initiatives aimed at distributing MMT to Binance users, including a Prime Sale phase where participants could subscribe using up to 7 BNB per user, as detailed by Lookonchain's Prime Sale report.

The momentum for MMT has been amplified by a HODLer Airdrop campaign, which began on October 17 and ran until October 20, rewarding users who staked BNB in fixed-term or flexible-term products or engaged in on-chain yield farming, according to Lookonchain's HODLer Airdrop announcement. Those eligible for the airdrop will see the tokens distributed to their spot wallets at least one hour before trading commences. Additionally, Alpha accounts will receive MMT tokens on the TGE day as part of the Prime Sale's second phase, which concluded on October 31, per Coinotag.

Momentum, a project evolving from the security infrastructure of MSafe, positions itself as a financial operating system for the Sui ecosystem, integrating decentralized exchange (DEX), xSUI staking, and institutional-grade tools, according to Coincarp. The project's token distribution plan allocates 42.72% of MMT to community growth, with 24.78% reserved for early backers and 18% for the team. The Pre-TGE sale, managed through Binance Wallet, raised $1.5 million in BNB for 1.5% of the total token supply, with allocations determined pro-rata.

The listing aligns with Binance's broader strategy to expand its Launchpool and Launchpad offerings, as evidenced by the concurrent listing of Kite (KITE), an AI payment blockchain project. The exchange's structured approach to token distribution—combining airdrops, Prime Sales, and staking incentives—reflects its focus on fostering liquidity and user engagement while maintaining compliance with secondary market regulations, as noted in Coinotag's pre-TGE announcement.

As the MMT listing approaches, investors are advised to monitor official Binance channels for real-time updates, given the on-chain nature of the token distribution and potential schedule adjustments. The project's emphasis on institutional trust and Sui's high-performance architecture positions it as a contender in the evolving DeFi landscape.