Magma Finance, a dark horse project on Sui recently Magma Finance @ Magma_finance is a decentralized exchange (DEX) on Sui and implements the Adaptive Liquidity Market Maker (ALMM) protocol. At this point in time, the project may also be a potential dark horse, based on the following points worth paying attention to and interacting with. 1. Since the Cetus incident, the Dex landscape has been disrupted. On Sui, Dex is once again in a state of factionalism, and Magma has not yet released a new coin project. 2. The ALMM mechanism can achieve higher financial efficiency and zero slippage, represented by the project Meteora on Solana, which provides underlying liquidity support for various protocols, aggregators, Launchpads, etc. It is an indispensable infrastructure for the Sol ecosystem, and Sui Chain still lacks similar Dex 3. TVL has been growing rapidly recently, with monthly growth exceeding 50%, and there is a potential airdrop activity to attract users At present, the competitive landscape of Dex on Sui has been severely damaged after the Cetus incident. Momentum has caught up and become the first, while Magma has the second fastest growth rate, with a TVL difference of about 6 million US dollars from Turbo. According to the growth rate, it may surpass Turbo mainly due to the impact of airdrop expectations. ➤ Project Portal ->/(magmafinance. io)/ Dex not only participates in LP and trading volume, but also has interactive activities with Galaxy S1 ->/app.(galxe.com)/quest/MagmaFinance/GCiLytfkwN Let's talk about the innovations of Magma compared to other projects 👇