Mars Finance reported on September 11th that Magma Finance officially announced the launch of its innovative product, ALMM (Adaptive Liquidity Market Maker), becoming the first Adaptive & Dynamic DEX on the Sui blockchain. As an improved version of DLMM, ALMM significantly improves liquidity efficiency and trading experience through discrete price bins and a dynamic fee mechanism, marking a major upgrade to the DeFi infrastructure of the Sui ecosystem. Magma Finance, an innovative DeFi protocol within the Sui ecosystem, addresses the pain points of traditional AMMs in capital utilization, slippage control, and fee adaptability. Core features include: discrete price bins for zero slippage within bins; dynamic adaptive fees that automatically adjust based on market fluctuations to improve capital efficiency; and flexible liquidity deployment strategies supporting unilateral liquidity. Prior to its launch, Magma demonstrated strong momentum, with a TVL exceeding $20 million. The protocol has undergone multiple rounds of audits by institutions such as Zellic and Three Sigma, and a points-based promotion is currently underway.