Magma Finance Secures $6M to Enhance Sui Network Liquidity

2025-12-08 22:30

Magma Finance has successfully raised $6 million in a strategic funding round aimed at developing an adaptive liquidity engine for the Sui Network. The funding was led by prominent investors including HashKey Capital, SNZ, SevenX Ventures, Puzzle Ventures, and Topspin Ventures, with additional support from the Navi Protocol ecosystem. The new liquidity engine is designed to tackle capital inefficiency and liquidity fragmentation on the Sui Network, promising improved trade execution and real returns for liquidity providers. Magma Finance has already completed security audits by Zellic and ThreeSigma, ensuring the project's robustness and security.

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