turbos

ChainCatcher news, according to official sources, Sui's leading ecological project Turbos Finance has announced that its cumulative trading volume has exceeded 6 billion USD.In addition, the annualized yield of liquidity pool mining on Turbos Finance for the stablecoin USDC-USDT has an APR of over 20%, and there is no impermanent loss for the stablecoin liquidity pool mining token pair.

ChainCatcher news, Ambrus Studio (E4C) announces the official launch of a new round of IDO on the Turbos Launchpad. This IDO is divided into a whitelist round and a public round, with a total fundraising amount of 200,000 USD equivalent in SUI tokens, where both the whitelist round and the public round will each raise 100,000 USD. The whitelist round will start today at 2 PM (UTC), and the public round will kick off at 4 PM (UTC).IDO details:Start time: November 26, 2 PM UTC (Beijing time November 26, 10:00 PM)Total fundraising amount: 200,000 USD equivalent in SUI tokensWhitelist holder exclusive quota: 100,000 USDPublic quota: 100,000 USDToken price: 0.10 USDInitial market value: 10,000,000 USD

ChainCatcher news indicates that the decentralized trading protocol Turbos Finance has now integrated with the OKX Web3 wallet. Users can directly trade assets such as Sui ecosystem Meme on Turbos Finance through the OKX Web3 wallet, as well as earn and provide liquidity, among other features. With the integration of the OKX Web3 wallet, its users can experience a one-stop service from trading to asset management within a single wallet.It is reported that Turbos Finance is a decentralized trading platform (DEX) based on the Sui public chain, supporting efficient and low-cost on-chain asset exchanges, aiming to provide users with a transparent trading experience. In addition, the product incubated by Turbos Finance, the Sui ecosystem Meme token launch platform Turbos.Fun, has officially launched, providing project parties with a convenient and efficient token issuance experience, promoting the sustainable development of the Sui ecosystem. The OKX Web3 wallet, as an industry-leading Web3 entry point, supports over 100 popular public chains, with a unified experience across app, plugin, web, and Telegram Mini wallet. The integration with Turbos Finance will further enrich its users' decentralized finance experience.

ChainCatcher news, Sui ecosystem DEX Turbos Finance will launch the token issuance platform Turbos Fun, which is now open for pre-registration for community projects.

ChainCatcher message, official data shows that Turbos' trading volume exceeded 31 million USD yesterday, setting a new historical high. According to Weekly Volume data, the trading volume has increased by over 300% in the past three months.In addition, the Sui / wUSDC pool on the Turbos platform saw a daily trading volume exceeding 20 million USD, with an APR of 655.12%; the APR for the TURBOS / SUI pool is 128.39%; and the APR for the TURBOS / wUSDC pool is 214.41%.

ChainCatcher message, the Sui ecosystem project Turbos Finance announced that its Discord server has been hacked, reminding users not to click on links or engage with messages from any administrators. (Source link)

ChainCatcher news, Sui ecosystem DEX Turbos Finance tweeted that, based on feedback from community users, they will refund the funds users invested in the public sale. Previously, the Turbos Finance token TURBOS launched its IDO on May 12 at a price of 0.005 SUI, and in March received investment from Jump Crypto, with the investment amount undisclosed. (Source link)

ChainCatcher news, Sui ecosystem decentralized trading platform Turbos Finance announced that it has received investment from Jump Crypto and support from the Sui Foundation.It is reported that Turbos Finance is bringing an easy-to-use AMM spot and derivatives trading platform for the next billion DeFi users, with a mission to enable users to trade easily and securely. (source link)