A comprehensive look at the Movement ecosystem: What projects are worth paying attention to?

Recently, Movement, an Ethereum Layer 2 solution based on the Move language, received $38 million in financing led by Polychain.

Movement introduces the Move language into EVM, allowing Ethereum developers to seamlessly migrate and deploy applications to the Movement network, while also enabling cross-chain asset and data transfer with the Sui and Aptos networks developed based on the Move language.

It seems that Movement is a Layer 2 that will bring a diverse future to Ethereum, and the huge amount of financing also shows that the market is optimistic about the future development of Movement.

TechFlow takes stock of some of the applications that are being or will be deployed in the Movement ecosystem in the future to help readers further understand the current development status of the Movement ecosystem.

DeFi

StakeStone

Project direction: LST protocol

Project Twitter: https://x.com/Stake_stone

StakeStone is a full-chain LST protocol that aims to bring native staking income and liquidity to Layer 2 in a decentralized manner. StakeStone supports leading staking pools and is compatible with re-staking, while also establishing a multi-chain liquidity market based on StakeStones native LST STONE.

Cedro

Project direction: Cross-chain DeFi products

Project Twitter: https://x.com/cedro_finance

Cedro provides a variety of DeFi products, including lending, trading, and yield aggregators. Users can achieve multi-chain cross-chain lending through Cedro.

GoGoPool

Project direction: Liquidity staking, node verification

Project Twitter: https://x.com/GoGoPool_

GoGoPool provides users with a decentralized liquidity pool where they can participate in liquidity staking, while also providing a one-stop launcher that allows users to easily become node validators.

EchelonMarket

Project direction: Decentralized financial market

Project Twitter: https://x.com/EchelonMarket

Echelon is a decentralized financial market built on the Move language. Its users can borrow and lend assets to each other indirectly through non-custodial pools to earn interest, and Echelon also provides leveraged trading services for users.

Clobx

Project direction: CLOB system based on Movement

Project Twitter: https://x.com/clobxio

As the first native liquidity layer of Movement, Clobx plans to build a fully on-chain central limit order book system, aiming to transform token trading using Blockchain technology.

Interest DEX

Project direction: decentralized exchange

Project Twitter: https://x.com/IPXMovement

Interest DEX is a native DEX powered by Movement that brings fractional reserve banking from traditional banks to Ethereum, paying interest to all depositors.

Route-X

Project direction: Liquidity aggregator

Project Twitter: https://x.com/routexio

Route-X is a DEX aggregator in the Movement ecosystem, aiming to match Jupiter in the Solana ecosystem.

RazorDex

Project direction: decentralized exchange

Project Twitter: https://x.com/RazorDex_

A decentralized exchange powered by RazorDAO, the UI looks very Meme-like.

Yodeswap

Project direction: Memecoin DEX

Project Twitter: https://x.com/yodeswap

Yodeswap is Dogechain’s native meme DEX, which is planned to be deployed on the Movement network soon.

IDOSwap

Project direction: Not yet disclosed

Project Twitter: https://x.com/IDOswapio

The project party has not yet disclosed specific information about IDOswap, but through its frequent interactions with Movement officials on Twitter, it is speculated that IDOswap will be deployed first in the Movement ecosystem in the future.

wallet

RazorDAO

Project direction: Wallet-side Dapp aggregator

Project Twitter: https://x.com/RazorDAO

Razor Wallet is a wallet aggregator for Movement DApp, which can easily interact with all wallets in the Movement ecosystem. Currently, Wallet is still in its early stages and is only available on PC. A mobile version will be launched in the future.

IDOwallet

Project direction: Not disclosed yet

Project Twitter: https://x.com/IDOwallet_io

IDOwallet and IDOswap belong to the same team and have not disclosed more information. It is speculated that they will first support Movement ecosystem assets in the future.

Basic parts

EMCProtocol

Project direction: AI+Depin

Project Twitter: https://x.com/EMCprotocol

EMC has made great achievements in the field of AI+Depin, providing distributed computing power for decentralized applications.

SkipProtocol

Project direction: One-stop DeFi solution

Project Twitter: https://x.com/SkipProtocol

Skip provides Slinky, a unique oracle for DeFi protocols, and builds the open source toolkit Block SDK to provide a one-stop solution for quickly building DeFi.

SeamMoney

Project direction: AMM aggregation

Project Twitter: https://x.com/SeamMoney

SeamMoney provides centralized liquidity AMM for Aptos and Movement, and will provide module browsers and Dapp navigation browsers in the future.

NFT

Mintify

Project direction: Order book NFT trading engine

Project Twitter: https://x.com/Mintify

Mintify is an NFT trading platform that provides a fast execution engine for NFT transactions, as well as historical data and liquidity analysis on and off the chain. It has been deployed on the ETH mainnet, Base and Blast networks, and will be launched on Ordinals and Movement in the future.

Other Facilities

Ispolink

Project direction: Web3 recruitment platform based on artificial intelligence

Project Twitter: https://x.com/ispolink

Ispolink is a Web3 talent recruitment platform that connects companies and Web3 workers through an artificial intelligence matching engine. It also has functions such as resume parsing and job analysis to help people find jobs that match their own conditions more quickly.

BRKT

Project direction: Decentralized betting platform

Project Twitter: https://x.com/BRKTgg

BRKT is a decentralized on-chain gaming management protocol that provides users with a secure and transparent on-chain betting platform.

Henry Social

Project direction: Commercial brand Web3 solution

Project Twitter: https://x.com/henrysocialxyz

Henry is an integrated product suite that combines off-chain applications with on-chain technology layers to achieve seamless, scalable business solutions. Currently, Henry has launched three products: Luxe Rewards, Luxe Loyalty and Strata. Luxe Rewards provides customers with cash back on daily shopping, and Luxe Loyalty helps brands build customized loyalty programs using on-chain technology through code-free solutions. Strata can seamlessly introduce Web3 technology into the daily operations of brands.

MoveCity

Project direction: On-chain social applications

Project Twitter: https://x.com/movecity2023

MoveCity is also a Social Dapp built on the Movement network, and not much information has been disclosed so far.

Zoinbets

Project direction: Mobile betting platform

Project Twitter: https://x.com/zionbets

Zoinbets provides users with a mobile fast betting platform, currently built on the Aptos testnet.

Summarize

According to the disclosed information, the current Movement ecosystem applications are still mainly based on basic components and multi-chain financial facilities, and more applications are still in the planning to enter stage.

Movement is also actively building and improving its own ecosystem. This month, Movement Labs announced that it will hold a hackathon on the test network to encourage outstanding projects to join the Movement ecosystem.

We expect that after the Movement mainnet goes live, more high-quality projects will be attracted to the ecosystem. Stay tuned, it’s still early.