Introduction to Turbos Finance
Backed by Jump Crypto and supported strategically by Mystenlab, Turbos Finance is a decentralized exchange (DEX) built on the Sui Network, designed to democratize trading with zero-slippage perpetual contracts and spot exchanges. The platform emphasizes faster transactions, lower fees, and reduced liquidation risks—key advantages leveraging Sui's high-performance blockchain.
Key Innovations
- First Sui-based DEX offering perpetual contracts and spot trading.
- Jump Crypto-backed, ensuring robust institutional support and ecosystem growth.
Core Features of Turbos Finance
Turbos Finance is pioneering a complete DeFi ecosystem on Sui with three pillars:
Concentrated Liquidity Market Maker (CLMM) DEX
- Customizable price ranges for LPs to maximize APR and minimize impermanent loss.
- Integrated with Wormhole for seamless cross-chain asset transfers.
Permissionless Listing
- Facilitated via TurbosBoost (a MystenLab-collaborated incubator) and TurboStar (a zero-fee IDO platform).
Perpetual Contracts AMM
- Capitalizes on Sui’s low-latency, high-throughput infrastructure for derivative trading.
👉 Discover how Sui’s architecture enhances DEX performance
Tokenomics of $TURBOS
Max Supply: 10,000,000,000 $TURBOS
Revenue Distribution: 90% to token holders and TLP providers.
Allocation Breakdown
- Team: 18%
- Investors: 15%
- Ecosystem Fund (IDO/IEO): 12%
- Marketing: 5%
- Mining/Rewards: 50%
IDO Rules on TurboStar
Total Allocation: 0.5% of $TURBOS supply.
Two Rounds:
Whitelist Round (May 12–14 UTC)
- Three pools based on user tiers (Level 1–3).
Public Round
- Open participation post-whitelist.
FAQ Section
Q: What makes Turbos Finance unique among Sui DEXs?
A: It’s the only Sui DEX with ABC smart routing and CLMM functionality, optimizing LP returns.
Q: How does TurboStar benefit projects?
A: Offers zero-fee IDO launches and exposure to MystenLab’s partner networks.
Q: What’s the long-term utility of $TURBOS?
A: Holders earn 90% of platform revenue and govern key ecosystem decisions.
👉 Explore Sui’s DeFi potential further
Keyword Integration: Sui Network DEX, Turbos Finance tokenomics, perpetual contracts AMM, TurboStar IDO, zero-slippage trading, Sui DeFi ecosystem, $TURBOS allocation.