Magma Finance has launched its Adaptive Liquidity Market Maker (ALMM) on the Sui blockchain, enhancing DeFi infrastructure with improved liquidity management. The ALMM introduces discrete price bins and a dynamic fee mechanism, addressing capital utilization and slippage issues in traditional AMM models. This innovation is tailored for Sui's high-performance capabilities.
Following successful testnet activities, the protocol's Total Value Locked (TVL) has exceeded $20 million by early September 2025. Magma Finance is also engaging the community with a points activity, offering future airdrop rewards and governance rights. The protocol's code has been rigorously audited by top security firms, ensuring its safety and efficiency.
Magma Finance Launches ALMM on Sui Blockchain to Boost Liquidity
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
