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What is Aftermath Finance? On-Chain Trading Platform on Sui
What is Aftermath Finance? On-Chain Trading Platform on Sui

Key Takeaways

  • Aftermath Finance is a decentralized trading platform on the Sui blockchain designed to solve the trust, usability, and performance issues in DeFi vs. centralized exchanges (CEXs).
  • The project has raised funding from Mysten Labs, Apollo, and Zee Prime Capital, and is supported by partners like Backpack, Wormhole, Pyth, and the Sui Foundation.

  • It features unique benefits such as on-chain CEX-like UX, multi-asset liquidity via Constant Mean Market Maker (CMMM), smart order routing, afSUI liquid staking, yield vaults, and upcoming derivatives.

  • Early users can earn staking rewards, trading fees, and even collectible Egg NFTs which may confer future airdrops or benefits


Introduction

Aftermath Finance is a decentralized trading platform built on the Sui blockchain, offering the speed and user experience of a centralized exchange while maintaining full user custody.

In this article, we provide an overview of Aftermath Finance, its core features, funding and partnerships, security model, and incentive programs. We also highlight details on its upcoming token launch and offer a quick guide on how to get started using the platform with a Backpack wallet.

What is Aftermath?

Aftermath Finance is a decentralized trading and DeFi platform built on the Sui blockchain, designed to deliver a CEX-like user experience fully on-chain. It combines fast, low-fee trading with self-custody, using Sui’s high throughput and parallel execution.

Launched in 2022 by a team of experienced blockchain developers, Aftermath offers features like smart order routing, multi-asset AMMs, liquid staking (afSUI), yield farming, and advanced tools like limit and DCA orders.

Positioned as a key player in the Sui ecosystem, Aftermath aims to simplify DeFi by unifying trading, staking, and future derivatives into a single platform for both retail and institutional users.

Funding and Backing

Aftermath Finance is backed by leading crypto investors including Mysten Labs, Apollo, and Zee Prime Capital, with additional support from Quantstamp. This strong financial and strategic backing reflects confidence in Aftermath’s mission to deliver a secure, high-performance on-chain trading experience.

Notably, Mysten Labs, creators of the Sui blockchain, supported Aftermath from its early days with grants and validation roles, while Backpack—a regulated wallet and exchange platform—has partnered with Aftermath to expand access and distribution across its multichain user base.

Key Features and Benefits

  • CEX-Like Performance: Fast, low-slippage trades via Sui and easily accessible through Backpack Wallet integration.

  • Multi-Asset Pools: Constant Mean AMMs support up to 8 tokens, enabling index-style trading and deeper liquidity for Backpack users.

  • Security: Audited, immutable contracts; users benefit from Backpack’s secure, self-custodial wallet setup.

  • Stacked Rewards: Users can stake, provide liquidity, and farm tokens—with rewards claimable through their Backpack accounts.

  • User-Friendly UX: With Backpack Wallet, users can connect in one click, track portfolios, and access all Aftermath features from a single interface. It also supports multiple languages in documentation (English, Chinese, Korean)

Incentive Programs & Point Systems

  • Aftermath Finance has taken an unconventional approach to early-stage incentives. Instead of launching a traditional points-based system or leaderboard, the team focused on delivering real products and quietly rewarding early users through platform engagement.
  • There’s no official points dashboard, but users can earn potential future rewards by actively trading, staking SUI for afSUI, providing liquidity, and connecting through wallets like Backpack. The team has hinted that early adopters will be recognized during the Token Generation Event (TGE).
  • As part of its pre-token strategy, Aftermath introduced a limited set of Egg NFTs in 2023—quirky, collectible rewards earned through community engagement such as meme contests and GameFi events. While their exact utility is undisclosed, Egg NFTs are widely believed to unlock future benefits or airdrops. They now serve as loyalty badges for early believers and are even traded on secondary markets.

Token Generation Event (TGE) & Airdrop Timeline

As of May 2025, Aftermath Finance has not conducted a Token Generation Event (TGE), and no native governance token is in circulation. The team has confirmed that a token may launch in the future, but no official timeline or allocation details have been announced.

While speculation around a potential airdrop exists—especially for active users and Egg NFT holders—no airdrop has been confirmed. Users are encouraged to engage with the platform by trading, staking SUI, and providing liquidity, as these actions may be considered if a retroactive distribution occurs.


For verified updates, users should follow Aftermath Finance’s official Twitter and Discord.

Tokens & Tokenomics

  • As of now, Aftermath Finance has not officially launched a governance or utility token. The platform's existing token, afSUI, represents staked SUI and is used within the ecosystem for staking purposes. It does not confer governance rights or ownership in Aftermath Finance.

  • While detailed tokenomics and allocation plans have not been finalized, the team has indicated that early adopters and community members may be recognized in future token distributions. Users are encouraged to stay updated through Aftermath Finance's official channels for announcements regarding token launches and associated benefits.

  • Until the official whitepaper or token announcement is released, one should keep an eye on Aftermath’s updates. The team will likely publish a detailed tokenomics document at TGE explaining all these points. If you’re planning to participate, it’s wise to read that and understand the vesting schedules and utility, to make an informed decision.

How to Get Started with Aftermath Finance

1. Download Backpack Wallet: Set up a Backpack Wallet (available as a browser extension or mobile app) to access Aftermath Finance. Backpack now supports the Sui blockchain and offers a seamless, non-custodial experience. Visit learn.backpack.exchange for setup instructions, and be sure to securely store your recovery phrase.

2. Fund Your Wallet with SUI:  Acquire SUI tokens on Backpack Exchange and withdraw them to your Sui address in Backpack Wallet. These tokens are needed for trading, staking, and paying gas fees. If you're testing, Aftermath offers a Faucet to obtain testnet SUI.

(Aftermath also supports USDC for paying gas fees—so even if you don’t have SUI, you can still trade and interact with the platform using USDC directly. This makes onboarding easier for users who already hold stablecoins.)

3. Connect to Aftermath Finance: Visit aftermath.finance and click “Launch App.” Use the “Login/Connect” option to link your Backpack Wallet. After connecting, you’ll see your Sui address and portfolio.

4. Start Trading or Staking: Use the Trade tab to swap tokens with minimal slippage, thanks to Aftermath’s smart order router.Go to Stake SUI to convert SUI into afSUI, earning staking rewards while keeping your assets liquid.

Future Prospects

  • Aftermath Finance is poised to redefine on-chain trading by bridging the best of DeFi and CeFi on the Sui blockchain. Its long-term goal is to become the liquidity hub of Sui, powering everything from simple swaps to complex financial instruments like indices, margin trading, and derivatives.

  • With future plans including decentralized governance, cross-chain expansion via protocols like Axelar, and potential institutional onboarding through its partnership with Backpack, Aftermath aims to serve both retail users and professional traders. As Sui’s ecosystem grows, Aftermath’s infrastructure and developer tools position it as a foundational DeFi layer others can build on.

  • By combining high-performance trading, user-friendly design, and continuous innovation, Aftermath Finance could become to Sui what Uniswap is to Ethereum.

Get started today by downloading Backpack Wallet, connecting to aftermath.finance, and joining the Aftermath community to help shape the future of decentralized finance.

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Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Backpack. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Backpack is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice.

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