Movement ecosystem thread: M1, M2, SDK and Battle of Olympus
Thread973 words
Bullish call$MOVE−99.0%since listing, moved against the callHow it played out ↓Overview of Movement's stack (M1 Avalanche subnet, M2 SuiMove ZK rollup with EVM composability, SDK) and an ecosystem of over 200 teams, mapped by category. Covers the $38M Series A led by Polychain and the Battle of Olympus program ending Sept 17.
Key claims
>200 teams building and >5 Movement SDK chains
$38M Series A led by Polychain
Over 460 Battle of Olympus submissions
With >$40M raised from @BinanceLabs & others, @movementlabsxyz is among the biggest launches of 2024.
⚡️ Move-based ZK rollup
⚡️ Parallel execution
⚡️ MoveVM <> EVM composability
⚡️ Language-level security
You can be early. 🪂 🤫
🧵 on an emerging multi-billion $$$ ecosystem. t.co/IQyjJZswit
1/ Every cycle gives rise to novel, disruptive execution layers that evolve into thriving DeFi ecosystems that are worth billions of dollars in market cap.
This comes with huge opportunities to invest, farm airdrops, or potentially even build your own application.
2/ One of my big bets this cycle is @movementlabsxyz.
Movement is a framework that will give rise to an entire ecosystem of interoperable Move rollups.
@movementlabsxyz itself is building core components of the infrastructure and supporting the emerging ecosystem around it.
3/ So today, I will take you down the @movementlabsxyz rabbit hole and introduce you to:
✦ 𝘛𝘩𝘦 𝘔𝘰𝘷𝘦𝘮𝘦𝘯𝘵 𝘵𝘦𝘤𝘩 𝘴𝘵𝘢𝘤𝘬
✦ 𝘛𝘩𝘦 𝘔𝘰𝘷𝘦𝘮𝘦𝘯𝘵 𝘦𝘤𝘰𝘴𝘺𝘴𝘵𝘦𝘮
✦ 𝘏𝘰𝘸 𝘵𝘰 𝘫𝘰𝘪𝘯 𝘵𝘩𝘦 𝘔𝘰𝘷𝘦𝘮𝘦𝘯𝘵 (🪂 🤫)
Are you ready for alpha anon? 👀
4/ So let's have a closer look at what @movementlabsxyz is building.
But please note that I will keep it short on the tech here.
If you want to dive deep into the @movementlabsxyz tech, check my thread below! 👇
x.com/zerokn0wledge_/status/1775810581779660906
5/ 𝗠𝟭
The first permissionless Move-based blockchain built on the Movement SDK and is running as an @avax subnet.
It will serve as a highly scalable shared sequencer for the ecosystem of Move-based rollups powered by the fast finality guarantees of the Snowman consensus.
6/ 𝗠𝟮
A SuiMove-based Ethereum ZK rollup with @CelestiaOrg underneath and built on the Movement SDK.
M2 provides the first Move-based L2 execution environment in which both EVM and Move contracts that are seamlessly composable.
7/ 𝗠𝗼𝘃𝗲𝗺𝗲𝗻𝘁 𝗦𝗗𝗞
With modularity at its core, @movementlabsxyz is also set to release public goods and tooling to facilitate the adoption of the Move programming language across broader blockchain ecosystems.
8/ What is unique about M2 and other Movement SDK based chains, is that the MoveVM doesn't only support Move contracts.
The Fractal compiler enables applications coming from the EVM universe to deploy on M2 without writing single line of Move code. A seamless & simple process.
9/ Thanks to the full AptosMove compatibility of the SuiMove-based Movement SDK, both @SuiNetwork and @Aptos apps can launch natively on M2 without rewriting a single line of code as well.
10/ M2 retains all the safety and speed benefits of parallel Move execution (see visual), while gaining full access to EVM users & liquidity.
M2 also supports IBC, which allows apps to tap into @Cosmos liquidity, unifying liq from various ecosystems on one execution layer.
11/ This is huge and ensures a constant influx of migrating projects from Move-ecosystems like @Aptos or @SuiNetwork but also EVM chains and the Cosmos ecosystem.
12/ No wonder the @movementlabsxyz M2 ecosystem has literally been exploding recently. 🤯
Let me give you an overview. 👇
13/ 🔐 𝗪𝗮𝗹𝗹𝗲𝘁𝘀
✦ @RazorDAO
✦ @leap_cosmos
✦ @IBCwallet
✦ @TailwindZone
👨🌾 𝗬𝗶𝗲𝗹𝗱
✦ @AxialDeFi
✦ @Curvance
✦ @DopamineFi
✦ @redactedcartel
✦ @ethena
✦ @StreamDefi
14/ 🔄 𝗗𝗘𝗫 & 𝗣𝗲𝗿𝗽𝘀
✦ @aori_io
✦ @avituslabsxyz
✦ @DyorLabs_
✦ @IDOswapio
✦ @IPXSui
✦ @lexermarkets
✦ @magpieprotocol
✦ @mirage_protocol
✦ @OverlayProtocol
✦ @RocketXexchange
✦ @shogunfi
✦ @ThalaLabs
✦ @WarpGateX
✦ @xebratrade
15/ 💸 (𝗥𝗲)𝘀𝘁𝗮𝗸𝗶𝗻𝗴
✦ @GoGoPool_
✦ @milky_way_zone
✦ @BenqiFinance
✦ @renzoai
✦ @stride_zone
💰 𝗟𝗲𝗻𝗱𝗶𝗻𝗴
✦ @abelfinance
✦ @cedro_finance
✦ @EchelonMarket
✦ @Lendlion
✦ @LayerBankFi
✦ @OmniBTC
16/ 🌐 𝗜𝗻𝘁𝗲𝗿𝗼𝗽𝗲𝗿𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗜𝗻𝗳𝗿𝗮
✦ @union_build
✦ @LayerZero_Labs
✦ @Polymer_Labs
✦ @wormhole
✦ @hyperlane
🔮 𝗢𝗿𝗮𝗰𝗹𝗲𝘀
✦ @PythNetwork
✦ @SUPRA_Labs
17/ 💾 𝗗𝗮𝘁𝗮 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆 & 𝗦𝘁𝗼𝗿𝗮𝗴𝗲
✦ @CelestiaOrg
✦ @nufflelabs
✦ @AvailProject
✦ @Covalent_HQ
✦ @CrustNetwork
⚙️ 𝗢𝘁𝗵𝗲𝗿 𝗧𝗼𝗼𝗹𝗶𝗻𝗴 & 𝗜𝗻𝗳𝗿𝗮
✦ @CosmostationVD
✦ @zokyo_io
✦ @modularcloud1
✦ @Colonylab
✦ @Dapp_Labs
18/ Impressive? This is not all.
In total, there is already:
✦ >200 𝘵𝘦𝘢𝘮𝘴 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 in 𝘵𝘩𝘦 𝘔𝘰𝘷𝘦𝘮𝘦𝘯𝘵 𝘦𝘤𝘰𝘴𝘺𝘴𝘵𝘦𝘮
✦ >5 𝘔𝘰𝘷𝘦𝘮𝘦𝘯𝘵 𝘚𝘋𝘒 𝘣𝘢𝘴𝘦𝘥 𝘤𝘩𝘢𝘪𝘯𝘴
✦ >10 𝘯𝘢𝘵𝘪𝘷𝘦 𝘵𝘦𝘢𝘮𝘴 𝘵𝘩𝘢𝘵 𝘳𝘢𝘪𝘴𝘦𝘥 >$30𝘔 𝘪𝘯 𝘧𝘶𝘯𝘥𝘪𝘯𝘨
19/ Last month, the next phase of ecosystem growth was initiated with the "Battle of Olympus" developer/community program.
Devs can build across DeFi, SocialFi, infra or gaming and the participating teams will be ranked on a master leaderboard.
20/ The battle begins today and ends on September 17th! ⚔️
x.com/movementlabsxyz/status/1813623873973424542
21/ Wait...
❌ Not a dev?
✅ Not a problem!
You can also participate actively if you're a non-dev enthusiast in one of the four guilds of the Community Program:
✦ 𝘗𝘢𝘵𝘩𝘧𝘪𝘯𝘥𝘦𝘳𝘴
✦ 𝘊𝘳𝘦𝘢𝘵𝘰𝘳𝘴
✦ 𝘚𝘤𝘩𝘰𝘭𝘢𝘳𝘴
✦ 𝘌𝘹𝘱𝘭𝘰𝘳𝘦𝘳𝘴
22/ Why should you participate in the Community Program?
This is the easiest way to position yourself early within the Movement ecosystem.
The rewards for the hackathon include early access to Movement apps, digital treasures, and much more... (airdrop incoming 🪂 🤫)
23/ But back to the Battle of Olympus campaign, which has been a great success already so far with a diverse set of builders building across multiple categories.
Over 460 submissions and that was 2 weeks ago... Easily 5-600 at this point.
x.com/analyticalali/status/1807830014324293766
24/ Finally, let's not forget we're talking about a project that just recently raised a $38M Series A funding round led by @polychaincap and with participation from industry leaders such as @placeholdervc, @hack_vc, @archetypevc or @Maven11Capital.
x.com/movementlabsxyz/status/1783511681928175791
25/ The community is up only too, with the number of gmoves being undeniable evidence.
GMOVE ⚡️
26/ Want some more airdrop alpha?
Well, don't wait for a point system.
x.com/rushimanche/status/1803876656903524490
27/ But keep those "gmoves" coming.
Just imajin... (🪂 🤫)
x.com/wassielawyer/status/1804052074747093474
28/ In all seriousness though and depending on your skillset, the Battle of Olympus or the Community Program are def the best chance you have to get involved and position yourself early.
Not only for a future $MOVE airdrop, but also broader ecosystem rewards.
29/ Oh and almost forgot:
Movement testnet is coming 👀
x.com/movementlabsxyz/status/1812913229087273083
30/ Bonus alpha: Don't fade integrated sloths. 🦥💤
x.com/mer_q_tio/status/1793343101135634511
8 more images on X
How the call played out · since 17 Jul 2024
Prices as of 23 Oct 2026This piece takes a view on $MOVE, so that move is read against the call.
$MOVEMovementBullish thesis
Bullish on MOVE as one of the big bets this cycle, a Move rollup framework with an emerging multi-billion ecosystem.
−99.0%
Moved against the call · since it listed on 10 Dec 2024, 5 months after this piece
- At listing
- $0.731
- Now
- $0.00719
- vs BTC
- −99%
- After 1 month
- +24%
- After 3 months
- −32%
- After 1 year
- −94%
- High since
- +53% 28 Dec 2024
- Low since
- −99.2% 19 Aug 2026
Since then
Zero has written 2 more pieces on Movement Labs since this one.
Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish call in a thesis or market take is tracked; explainers, lists, maps and mentions are neutral context. Not financial advice.