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
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
In such a crowded cross-border payment arena, where is the next stop for the future?
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
Why do cryptocurrency projects always like to change their names?
Who is footing the bill for the $64 billion accounting frenzy?
I never expected that the first application of AI x Crypto would be in security auditing
What is your view on Binance's competitive advantages?
ETH has entered a non-consensus phase, and the turning point is approaching!
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?
The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
In such a crowded cross-border payment arena, where is the next stop for the future?
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
