MovaChain Token Officially Starts Trading, First Day Price Surge by 370%
BlockBeats News, November 5th, according to official sources, the MovaChain token has officially started trading, and the natively integrated derivative trading platform MOVA Liquid launched simultaneously has attracted widespread market attention on its first day. The first trading pair MOVA/USD1 went live, and within 24 hours, the trading volume exceeded 3 million USD, with the highest surge reaching 370%.
MOVA Liquid is a high-performance decentralized derivatives platform deployed on MovaChain, utilizing a fully on-chain Central Limit Order Book (CLOB) architecture, implementing layered matching and clearing logic, with matching efficiency close to that of centralized trading platforms. The platform supports multi-asset parallel execution and USD1 stablecoin full-chain settlement.
MovaChain is built around a modular design, specifically tailored for financial-grade scenarios such as payments, clearing, and asset issuance. The peak tested performance reaches 110,547 TPS, with a confirmation time of less than 1.5 seconds, placing its performance at a globally leading level. MOVA previously completed a $100 million strategic financing round, led by the Aqua1 Foundation and UAE-based GeoNova Capital (a fund established by Standard Chartered Bank, multiple UAE institutions, and family offices), with participation from several top Abu Dhabi financial institutions.
Officials state that MOVA will use MOVA Liquid as the core application to build a global modular financial network covering payments, clearing, derivatives, RWAs, and stablecoin settlements, aiming to become a crucial infrastructure linking traditional finance with the decentralized economy.
You may also like

Pantera Capital: How has Crypto as a Service affected us?

Pantera Capital: What changes have we made when crypto is treated as a service?

Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious

Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?

CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX

a16z: The Real Opportunity of Stablecoins Lies Not in Disruption but in Filling Gaps

Mining Exodus: Someone Holds $12.8 Billion AI Order

March 6 Market Key Intelligence, How Much Did You Miss?

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting
Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX
The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.

Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin

Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading

Wall Street Bears Target Ethereum: Vitalik In the Know Takes Flight, Tom Lee Remains Bullish

Pump.fun Hacker Steals $2 Million, Receives 6-Year Prison Sentence, Opts for 'Self-Detonation'

6% Annual Percentage Yield as Musk Declares War on Traditional Banks

36 years, 4 wars, 1 script: How does capital price the world in conflict?

Mining Companies' Great Migration: Some Have Already Secured $12.8 Billion in AI Orders

What Is Vibe Coding? How AI Is Changing Web3 & Crypto Development
What is vibe coding? Learn how AI coding tools are lowering the barrier to Web3 development and enabling anyone to build crypto applications.