APT

BlueMove Launches AMM DEX on Sui Network Testnet with Smart Router & Stable LP Features

by BSCN

April 9, 2023

chain

‍BlueMoveSwap promises to offer low slippage rates on the SuiTestnet with Smart Router & Stable LP features. To test the DEX, users will need Sui Testnet tokens.

A New DEX on Sui Network

BlueMove NFT marketplace on Aptos and Sui Network announced its AMM DEX on Sui Network Testnet.

BlueMoveSwap promises to offer the best user the lowest slippage on SuiTestnet with Smart Router & Stable LP features with its new decentralized exchange .

In order to test out the DEX, you would require Sui Testnet tokens. You can refer to this article to learn how to get Sui Testnet tokens. 

The current BlueMove Swap on Sui Testnet showcases a swap that can be used to swap tokens like USDT, USDC, SUI, WBTC, etc. The DEX also features a Pools section where one can choose from SUI, USDT, USDC, WBTC, XOX, WIZ, and WHALETOKEN. A stats section also showcases TVL, Volume, and available tokens to trade.

Sui Network raised $300 million from a16z, Coinbase Ventures, and Binance Labs. $SUI will serve as the native cryptocurrency of the Sui platform, and its primary purpose is to pay gas fees, stake, govern, and serve as an underlying asset for the economy. 

Early contributors will receive a 20% share of the total supply under the $SUI allocation. Further, as a top priority, the Sui team promised to reward and distribute SUI tokens to the community. After the successful airdrop of $ARB tokens, there is growing hype around $SUI token airdrops. 

The Growing NFT Marketplace on Aptos

As of now, BlueMove holds the fourth highest TVL on BlueMove Aptos. With a floor price of 9 APT, SuiPunksClub OG Pass currently has the highest volume of 101.75 APT over the last seven days on Aptos. SuiPunksClub OG Pass collection is followed by Digital Game Gen1 and SHERLOCK. 

Worth noting, popular DEX, PancakeSwap launched an initial farm offering (IFO) on Feb. 9 on the Aptos Network with BlueMove. By selling its MOVE governance token, the IFO was expected to raise $400,000 for the BlueMove NFT marketplace.

Bluemove ($MOVE) is trading at 0.1445, down 0.70% in 24 hours. 

What is BlueMove:

BlueMove is an Aptos and Sui network-based community-oriented NFT marketplace that was launched in August 2022. It rewards traders, collectors, and creators for participating, and it provides a platform for creators to easily create and list their NFT collections for buying, selling, and trading. 

BlueMove is a comprehensive platform for NFT enthusiasts, offering full functionality and seamless web and mobile experiences. It rewards traders, collectors, and creators for participating and provides a platform for creators to easily create and list their NFT collections for buying, selling, and trading. 

Learn more about BlueMove:

Website |  Twitter |  Discord 

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