Turbos Finance: The Meme Engine of the Sui Ecosystem

Intermediate10/27/2024, 4:37:13 PM
This article explores Turbos Finance's emergence in the Sui ecosystem. As a leading DEX, Turbos offers a quality trading platform and serves as a launchpad for meme tokens. It highlights Turbos' strengths: robust growth, meme token support, innovative trading, and comprehensive listings. Turbos catalyzes the meme market and attracts funds in the Sui ecosystem. Through partnerships, rewards, and events, it draws users and projects. The article anticipates Turbos' crucial role in Sui's future expansion.

Preface

Golden September and Silver October, with the landing of the “double reduction” favorable policy, the global market has ushered in a new cycle of rising sentiment. The crypto market, like a long-awaited rain after a drought, is gradually recovering.

Amidst a wave of rising prices, the quietly emerging Sui ecosystem has become an eye-catching presence in the market. The ecosystem’s native token $SUI has shown an unstoppable price trend, with a monthly increase of over 140%, reaching new all-time highs. The Sui ecosystem has also seen an overall recovery. According to DeFi Llama data, the Total Value Locked (TVL) in the Sui ecosystem has increased by over 250% in the past two months, breaking through the $1 billion mark.

With both token prices and TVL hitting new highs, and Sui issuing its native USDC, these series of actions all point to one fact: the Sui ecosystem is actively gearing up and aiming to make some big moves. The ecosystem has prepared the stage and made thorough preparations. The next step is how to attract and retain a large number of players? Memecoins are undoubtedly the current top choice for building market consensus.

After experiencing the excitement of the “Year of Memes” and wave after wave of consensus building, Memecoins have gradually shifted from being mere entertainment to becoming an important cultural core in the crypto ecosystem. “Meme Infrastructure” has gradually become the new market consensus through successive price increases. Searching for Memes, particularly high-quality ones, has become the first stop for crypto players exploring various blockchains.

As the market recovers, the Meme sector is no longer just a “bag holder” for overflow liquidity, but has become a prime destination attracting significant capital. Naturally, the outstanding performance of the Sui ecosystem has also attracted a considerable portion of the Meme sector’s heat: $BLUB, $FUD, $AAA… Various “water-themed” Memes are emerging in abundance, bringing wave after wave of wealth effects.

Speaking of the Meme trend in the Sui ecosystem, the established DEX Turbos Finance is inevitably a key player in this market movement. Not only are various Memes in the Sui ecosystem performing fervently, but Turbos’ token $TURBOS has also shown impressive price performance, with a maximum increase of 240% over the past month. The market’s recognition of Turbos in the Sui ecosystem is reflected in these intuitive price increases.

As a decentralized application that has been continuously cultivating the Sui ecosystem, Turbos is not just a trading platform, but also a booster and guardian of the Meme market. Its powerful liquidity pools, innovative trading mechanisms, and comprehensive support for Memecoins have made Turbos the preferred platform for Memecoin liquidity provision in the Sui ecosystem.

This article will delve into how Turbos Finance has stood out in the competitive Sui ecosystem with its own advantages, becoming the premier destination for capturing Meme traffic.

Impressive Performance: Good Data + Good Design from Turbos

Dedicated crypto market players have undoubtedly witnessed the Sui ecosystem’s impressive growth from 0 to $1 billion TVL in this cycle. As the most popular DEX in the Sui ecosystem, Turbos has received investment from Mysten Labs, the entity behind Sui. As an officially recognized trading platform for the Sui public chain, Turbos has naturally grown in tandem with the Sui ecosystem.

Rapid Growth Momentum, Leading Industry Performance

Turbos platform’s TVL is approaching $30 million, with a growth of nearly 400% in 2 months and over 46% in the past week. This strong growth momentum is particularly eye-catching in the competitive DEX sector of the Sui ecosystem.

Since its launch, Turbos has surpassed 400,000 active accounts, with a peak daily trading volume of nearly $40 million and a total trading volume exceeding $2.8 billion.

Moreover, the top ten tokens in the Sui ecosystem have all chosen to list on Turbos. Whether it’s Meme tokens or stablecoins, Turbos is almost always ready to accommodate.

Turbos Finance’s Outstanding Advantages: The Top Choice for Sui-based Meme Token Listings

In addition to excellent data performance, its own platform service design gives Turbos the advantage of attracting a large number of high-quality Meme projects:

Most Meme tokens listed on Turbos have a trading volume more than twice their liquidity pool lock-up amount. This means that every $1 of liquidity on Turbos can support at least $2 of trading volume, demonstrating Turbos’ strong efficiency flywheel that doesn’t waste a penny in the ecosystem.

Turbos also provides convenient categorization features and clear trading information display. The trading volume and liquidity of each token pool are clearly visible, allowing users to easily find various Memecoins through simple filters and sorting functions, quickly identifying tokens with the highest trading volume. This facilitates making informed choices based on personal investment strategies and risk preferences. These carefully designed features enhance the overall user experience while increasing user engagement and stickiness, creating an intuitive, efficient, and information-rich trading environment.

Additionally, Turbos offers poster banner designs, allowing users to quickly identify the latest listed Meme tokens and incentive activities while browsing the dApp. This increases user participation while providing ample exposure opportunities for new projects.

Fully Prepared to Capture Meme Traffic

As mentioned earlier, Turbos is not just a simple trading platform. It might be more accurate to call it the Meme Trading Hub of the Sui ecosystem. The reason for emphasizing Turbos’ “Meme attributes” is that Turbos not only provides users with a high-quality trading platform but also offers corresponding support services for Memecoin project teams.

Comprehensive and Smooth Token Listing Service

In addition to the previously mentioned poster banner design, Turbos also provides a full range of services for Memecoins, including permissionless liquidity pool listings, joint activities with CEXs, media resource connections, and social media promotions. These services cover various aspects from technical support (such as token verification) to marketing promotions (such as banner ads and newsletters).

Through these services, Turbos offers project teams excellent exposure opportunities and comprehensive support for Memecoin projects, ensuring their tokens can stand out in the competitive market.

Rich Cooperation Landscape: Turbos is Serious about Memes

All Quality Memes in the Bag

Diving headfirst into the Meme playground, Turbos has successfully attracted over 40 popular Memecoins to list on the platform with its unique resources and superior services. It is also the exclusive launch platform for many Memecoins.

As early as the beginning of 2024, when the first batch of Sui Memes like $FUD, $HSUI, and $SPAM emerged, Turbos had already deployed support for Memecoin launches. Recent hot Memecoins such as $suishi, $AAA, $TUSK, and $PUGWIF have also been integrated into Turbos.

Exclusive Launch of Top Memes

In Memecoin collaborations, Turbos not only demands quantity but also values quality. Star Meme projects in the Sui ecosystem like $BLUB, $FUD, and $PIGU have all chosen to launch exclusively on Turbos, while also providing trading rewards and other incentive activities for Turbos users, directly empowering the platform token $TURBOS. For example, $PIGU, which launched its liquidity pool exclusively on Turbos on October 9, achieved a trading volume of $4 million on the day of launch, while offering additional $PIGU liquidity incentives with an APY of up to 750% on that day.

It’s worth noting that Turbos is also the launch platform for Sui USDC, being the only DEX where liquidity providers can enjoy dual mining rewards of “SUI + TURBOS”. At the same time, the platform’s USDT/USDC and SUI/USDC pools have excellent annual yields, making it the highest-yielding native USDC platform in the Sui ecosystem.

With the launch of native USDC on Sui, coupled with support from centralized exchanges, it’s foreseeable that the liquidity depth of USDC in the Sui ecosystem will significantly increase. Turbos’ Smart Routing will allow users to directly purchase Memecoins with native USDC, stimulating trading volume while attracting more mainstream Memecoins to choose Turbos for listing trading pools and collaboration. This creates a virtuous cycle, catalyzing Turbos’ further development.

User-Centric Approach: Continuous Surprises and Benefits

Users are the foundation of any platform, and Turbos, while precisely catering to project needs, doesn’t overlook user experience and various incentive measures. Through Turbos’ native data platform, users can freely view the platform’s overall data, token trading data, or details of various liquidity pools within the platform. Trading, providing LP, and viewing data can all be easily managed on a single page.

In terms of user incentives, Turbos also collaborates with quality projects to provide exclusive rewards for ecosystem users.

For example, Turbos recently launched a joint incentive campaign with $BLUB, a leading Memecoin in the Sui ecosystem. Users can earn $BLUB rewards by trading $BLUB using $SUI, $TURBOS, or other tokens through Turbos’ Smart Routing feature, or by providing LP in the BLUB/SUI liquidity pool.

Even if certain token pairs are not directly supported in Turbos pools, users can still swap through Turbos’ Smart Routing, greatly facilitating $TURBOS holders’ participation in various activities and trades.

Moreover, $TURBOS holders and platform users enjoy exclusive airdrop benefits. Popular projects including $BLUB, $LIQ, and $PIGU have all provided exclusive airdrop events for Turbos users.

Connecting with CEXs: Bridging Centralized and Decentralized Demands

Beyond guiding its own platform traffic, Turbos also collaborates with centralized exchanges to launch liquidity incentive activities, extending the Meme token wave and interactive experience to CEX users. As early as April this year, Turbos participated in OKX Wallet’s DeFi Suinami event, offering rewards for adding liquidity to their own tokens or Memecoins. This not only brings additional incentives to users and extra liquidity exposure to partnering Meme projects but also connects exchange users with the rich decentralized on-chain world.

Through comprehensive token listing services, diverse Meme token support, excellent user experience, and innovative activities, Turbos’ unique positioning in the Sui ecosystem is highlighted. In the future, Turbos will launch more unique Meme Launch plans, continuing to explore the wealth code of the Sui ecosystem. Whether you’re an Alpha Hunter looking for the next hot Meme or an on-chain OG hoping to participate in high-yield liquidity mining, Turbos is an excellent choice.

Conclusion

Through in-depth analysis, it’s clear that Turbos’ role in the Sui ecosystem is not just as a participant, but as a leader. Its positioning is no longer limited to a simple trading platform, but as a catalyst for the Meme market in the Sui ecosystem and a new land of opportunity for user fund flows.

With the hot Meme sector paving the way, Turbos’ high-quality and reliable services have been validated. As the Sui ecosystem officially unfolds and various project applications flourish, it’s foreseeable that more projects in Sui’s core development tracks (such as GameFi and stablecoins) will choose to launch on Turbos, offering exclusive activities for users.

Through its ingenious product design and rich cooperation landscape, Turbos has shown impressive performance in the Sui ecosystem, displaying a promising development path. Whether you’re an investor, trader, or simply an observer, Turbos is worth your attention.

statement:

  1. This article is reproduced from [深潮 TechFlow], the copyright belongs to the original author [深潮 TechFlow], if you have any objection to the reprint, please contact the Gate Learn team, and the team will handle it as soon as possible according to relevant procedures.

  2. Disclaimer: The views and opinions expressed in this article represent only the author’s personal views and do not constitute any investment advice.

  3. Other language versions of the article are translated by the Gate Learn team and are not mentioned in Gate.io, the translated article may not be reproduced, distributed or plagiarized.

Turbos Finance: The Meme Engine of the Sui Ecosystem

Intermediate10/27/2024, 4:37:13 PM
This article explores Turbos Finance's emergence in the Sui ecosystem. As a leading DEX, Turbos offers a quality trading platform and serves as a launchpad for meme tokens. It highlights Turbos' strengths: robust growth, meme token support, innovative trading, and comprehensive listings. Turbos catalyzes the meme market and attracts funds in the Sui ecosystem. Through partnerships, rewards, and events, it draws users and projects. The article anticipates Turbos' crucial role in Sui's future expansion.

Preface

Golden September and Silver October, with the landing of the “double reduction” favorable policy, the global market has ushered in a new cycle of rising sentiment. The crypto market, like a long-awaited rain after a drought, is gradually recovering.

Amidst a wave of rising prices, the quietly emerging Sui ecosystem has become an eye-catching presence in the market. The ecosystem’s native token $SUI has shown an unstoppable price trend, with a monthly increase of over 140%, reaching new all-time highs. The Sui ecosystem has also seen an overall recovery. According to DeFi Llama data, the Total Value Locked (TVL) in the Sui ecosystem has increased by over 250% in the past two months, breaking through the $1 billion mark.

With both token prices and TVL hitting new highs, and Sui issuing its native USDC, these series of actions all point to one fact: the Sui ecosystem is actively gearing up and aiming to make some big moves. The ecosystem has prepared the stage and made thorough preparations. The next step is how to attract and retain a large number of players? Memecoins are undoubtedly the current top choice for building market consensus.

After experiencing the excitement of the “Year of Memes” and wave after wave of consensus building, Memecoins have gradually shifted from being mere entertainment to becoming an important cultural core in the crypto ecosystem. “Meme Infrastructure” has gradually become the new market consensus through successive price increases. Searching for Memes, particularly high-quality ones, has become the first stop for crypto players exploring various blockchains.

As the market recovers, the Meme sector is no longer just a “bag holder” for overflow liquidity, but has become a prime destination attracting significant capital. Naturally, the outstanding performance of the Sui ecosystem has also attracted a considerable portion of the Meme sector’s heat: $BLUB, $FUD, $AAA… Various “water-themed” Memes are emerging in abundance, bringing wave after wave of wealth effects.

Speaking of the Meme trend in the Sui ecosystem, the established DEX Turbos Finance is inevitably a key player in this market movement. Not only are various Memes in the Sui ecosystem performing fervently, but Turbos’ token $TURBOS has also shown impressive price performance, with a maximum increase of 240% over the past month. The market’s recognition of Turbos in the Sui ecosystem is reflected in these intuitive price increases.

As a decentralized application that has been continuously cultivating the Sui ecosystem, Turbos is not just a trading platform, but also a booster and guardian of the Meme market. Its powerful liquidity pools, innovative trading mechanisms, and comprehensive support for Memecoins have made Turbos the preferred platform for Memecoin liquidity provision in the Sui ecosystem.

This article will delve into how Turbos Finance has stood out in the competitive Sui ecosystem with its own advantages, becoming the premier destination for capturing Meme traffic.

Impressive Performance: Good Data + Good Design from Turbos

Dedicated crypto market players have undoubtedly witnessed the Sui ecosystem’s impressive growth from 0 to $1 billion TVL in this cycle. As the most popular DEX in the Sui ecosystem, Turbos has received investment from Mysten Labs, the entity behind Sui. As an officially recognized trading platform for the Sui public chain, Turbos has naturally grown in tandem with the Sui ecosystem.

Rapid Growth Momentum, Leading Industry Performance

Turbos platform’s TVL is approaching $30 million, with a growth of nearly 400% in 2 months and over 46% in the past week. This strong growth momentum is particularly eye-catching in the competitive DEX sector of the Sui ecosystem.

Since its launch, Turbos has surpassed 400,000 active accounts, with a peak daily trading volume of nearly $40 million and a total trading volume exceeding $2.8 billion.

Moreover, the top ten tokens in the Sui ecosystem have all chosen to list on Turbos. Whether it’s Meme tokens or stablecoins, Turbos is almost always ready to accommodate.

Turbos Finance’s Outstanding Advantages: The Top Choice for Sui-based Meme Token Listings

In addition to excellent data performance, its own platform service design gives Turbos the advantage of attracting a large number of high-quality Meme projects:

Most Meme tokens listed on Turbos have a trading volume more than twice their liquidity pool lock-up amount. This means that every $1 of liquidity on Turbos can support at least $2 of trading volume, demonstrating Turbos’ strong efficiency flywheel that doesn’t waste a penny in the ecosystem.

Turbos also provides convenient categorization features and clear trading information display. The trading volume and liquidity of each token pool are clearly visible, allowing users to easily find various Memecoins through simple filters and sorting functions, quickly identifying tokens with the highest trading volume. This facilitates making informed choices based on personal investment strategies and risk preferences. These carefully designed features enhance the overall user experience while increasing user engagement and stickiness, creating an intuitive, efficient, and information-rich trading environment.

Additionally, Turbos offers poster banner designs, allowing users to quickly identify the latest listed Meme tokens and incentive activities while browsing the dApp. This increases user participation while providing ample exposure opportunities for new projects.

Fully Prepared to Capture Meme Traffic

As mentioned earlier, Turbos is not just a simple trading platform. It might be more accurate to call it the Meme Trading Hub of the Sui ecosystem. The reason for emphasizing Turbos’ “Meme attributes” is that Turbos not only provides users with a high-quality trading platform but also offers corresponding support services for Memecoin project teams.

Comprehensive and Smooth Token Listing Service

In addition to the previously mentioned poster banner design, Turbos also provides a full range of services for Memecoins, including permissionless liquidity pool listings, joint activities with CEXs, media resource connections, and social media promotions. These services cover various aspects from technical support (such as token verification) to marketing promotions (such as banner ads and newsletters).

Through these services, Turbos offers project teams excellent exposure opportunities and comprehensive support for Memecoin projects, ensuring their tokens can stand out in the competitive market.

Rich Cooperation Landscape: Turbos is Serious about Memes

All Quality Memes in the Bag

Diving headfirst into the Meme playground, Turbos has successfully attracted over 40 popular Memecoins to list on the platform with its unique resources and superior services. It is also the exclusive launch platform for many Memecoins.

As early as the beginning of 2024, when the first batch of Sui Memes like $FUD, $HSUI, and $SPAM emerged, Turbos had already deployed support for Memecoin launches. Recent hot Memecoins such as $suishi, $AAA, $TUSK, and $PUGWIF have also been integrated into Turbos.

Exclusive Launch of Top Memes

In Memecoin collaborations, Turbos not only demands quantity but also values quality. Star Meme projects in the Sui ecosystem like $BLUB, $FUD, and $PIGU have all chosen to launch exclusively on Turbos, while also providing trading rewards and other incentive activities for Turbos users, directly empowering the platform token $TURBOS. For example, $PIGU, which launched its liquidity pool exclusively on Turbos on October 9, achieved a trading volume of $4 million on the day of launch, while offering additional $PIGU liquidity incentives with an APY of up to 750% on that day.

It’s worth noting that Turbos is also the launch platform for Sui USDC, being the only DEX where liquidity providers can enjoy dual mining rewards of “SUI + TURBOS”. At the same time, the platform’s USDT/USDC and SUI/USDC pools have excellent annual yields, making it the highest-yielding native USDC platform in the Sui ecosystem.

With the launch of native USDC on Sui, coupled with support from centralized exchanges, it’s foreseeable that the liquidity depth of USDC in the Sui ecosystem will significantly increase. Turbos’ Smart Routing will allow users to directly purchase Memecoins with native USDC, stimulating trading volume while attracting more mainstream Memecoins to choose Turbos for listing trading pools and collaboration. This creates a virtuous cycle, catalyzing Turbos’ further development.

User-Centric Approach: Continuous Surprises and Benefits

Users are the foundation of any platform, and Turbos, while precisely catering to project needs, doesn’t overlook user experience and various incentive measures. Through Turbos’ native data platform, users can freely view the platform’s overall data, token trading data, or details of various liquidity pools within the platform. Trading, providing LP, and viewing data can all be easily managed on a single page.

In terms of user incentives, Turbos also collaborates with quality projects to provide exclusive rewards for ecosystem users.

For example, Turbos recently launched a joint incentive campaign with $BLUB, a leading Memecoin in the Sui ecosystem. Users can earn $BLUB rewards by trading $BLUB using $SUI, $TURBOS, or other tokens through Turbos’ Smart Routing feature, or by providing LP in the BLUB/SUI liquidity pool.

Even if certain token pairs are not directly supported in Turbos pools, users can still swap through Turbos’ Smart Routing, greatly facilitating $TURBOS holders’ participation in various activities and trades.

Moreover, $TURBOS holders and platform users enjoy exclusive airdrop benefits. Popular projects including $BLUB, $LIQ, and $PIGU have all provided exclusive airdrop events for Turbos users.

Connecting with CEXs: Bridging Centralized and Decentralized Demands

Beyond guiding its own platform traffic, Turbos also collaborates with centralized exchanges to launch liquidity incentive activities, extending the Meme token wave and interactive experience to CEX users. As early as April this year, Turbos participated in OKX Wallet’s DeFi Suinami event, offering rewards for adding liquidity to their own tokens or Memecoins. This not only brings additional incentives to users and extra liquidity exposure to partnering Meme projects but also connects exchange users with the rich decentralized on-chain world.

Through comprehensive token listing services, diverse Meme token support, excellent user experience, and innovative activities, Turbos’ unique positioning in the Sui ecosystem is highlighted. In the future, Turbos will launch more unique Meme Launch plans, continuing to explore the wealth code of the Sui ecosystem. Whether you’re an Alpha Hunter looking for the next hot Meme or an on-chain OG hoping to participate in high-yield liquidity mining, Turbos is an excellent choice.

Conclusion

Through in-depth analysis, it’s clear that Turbos’ role in the Sui ecosystem is not just as a participant, but as a leader. Its positioning is no longer limited to a simple trading platform, but as a catalyst for the Meme market in the Sui ecosystem and a new land of opportunity for user fund flows.

With the hot Meme sector paving the way, Turbos’ high-quality and reliable services have been validated. As the Sui ecosystem officially unfolds and various project applications flourish, it’s foreseeable that more projects in Sui’s core development tracks (such as GameFi and stablecoins) will choose to launch on Turbos, offering exclusive activities for users.

Through its ingenious product design and rich cooperation landscape, Turbos has shown impressive performance in the Sui ecosystem, displaying a promising development path. Whether you’re an investor, trader, or simply an observer, Turbos is worth your attention.

statement:

  1. This article is reproduced from [深潮 TechFlow], the copyright belongs to the original author [深潮 TechFlow], if you have any objection to the reprint, please contact the Gate Learn team, and the team will handle it as soon as possible according to relevant procedures.

  2. Disclaimer: The views and opinions expressed in this article represent only the author’s personal views and do not constitute any investment advice.

  3. Other language versions of the article are translated by the Gate Learn team and are not mentioned in Gate.io, the translated article may not be reproduced, distributed or plagiarized.

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