Turbos Finance (TURBOS) is a non-custodial decentralized exchange (DEX) on the Sui Network. More
| Fully Diluted Valuation | $8.49M |
|---|---|
| 24H Trading Volume | $117,195 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 6.62B |
| Total Supply | 10.00B |
| Max Supply | 10.00B |
| Categories | Automated Market Maker (AMM) 3 more |
|---|---|
| Founder | Ted Shao |
| Website | link3.to Whitepaper |
| Socials | 1 more |
| Chains | Sui Ecosystem |
| Explorer | Suivision 1 more |
| Contracts |
0x5d1....URBOS
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| Name | Pair | OG Score |
|---|
Turbos Finance, launched in June 2022, is a decentralized exchange (DEX) on the Sui Network. It focuses on improving capital efficiency and making trading easier through its unique use of concentrated liquidity.
How It Works
Turbos Finance uses a Concentrated Liquidity Market Maker (CLMM) model. This means that liquidity providers can place their funds in specific price ranges, making better use of their capital and potentially earning higher returns. This method also helps reduce slippage and improve trade execution.
Security Features
The platform takes security seriously. It uses secure server configurations and SSL technology to protect user data. Turbos Finance also adopts a non-custodial approach, meaning users control their own private keys and assets, which reduces the risk of theft. The Sui Network's design further enhances security and scalability.
User-Friendly Design
Turbos Finance is designed to be easy to use. Its simple interface and user-friendly features make it accessible for both new and experienced traders. The platform aims to make DeFi trading straightforward for a wide range of users.
Key Developments
Since its start, Turbos Finance has integrated with the Sui Network, boosting its performance and reach. It also launched the TurboStar program to support projects within the Sui ecosystem, helping them grow and succeed.
Governance and Future Plans
The TURBOS token allows users to participate in decision-making about the platform’s future, including upgrades and fees. This governance system keeps the platform aligned with user interests.
In summary, Turbos Finance offers an efficient, secure, and user-friendly way to trade digital assets. Its focus on concentrated liquidity and ease of use makes it a standout in the DeFi space.
Turbos Finance is unique for its Concentrated Liquidity Market Maker (CLMM) model on the Sui Network, which allows liquidity providers to concentrate their funds within specific price ranges for improved capital efficiency and reduced slippage.
Turbos Finance was founded by Ted Shao.
Turbos Finance is supported by Mysten Labs and has garnered backing from contributors in the DeFi and cryptocurrency sectors.
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