March 4, 2024



Tortola`, British Virgin Islands, 28 Apr 2023, Chainwire

turbo financea non-custodial decentralized exchange (DEX), available at Sui Wang, has released a permanent testnet deployment on Sui’s public testnet. This important step comes at an opportune time, as Sui Network is gearing up to launch on May 3, 2023.

Turbos Finance aims to be one of the first protocols to deploy a centralized liquidity platform on the network, supporting MystenLab (Major technical contributor to Sui Network) and jump code.

The permanent testnet allows users to familiarize themselves with the platform’s unique features and Sui Network UX while gathering feedback to help improve the product. The testnet dApp accessible to everyone demonstrates the benefits of Turbos Finance’s Centralized Liquidity Market Maker (CLMM) model. The platform enables users to set custom ranges for providing liquidity, pool it within a desired price range, and charge a greater percentage of fees with less capital. This approach provides much superior liquidity than traditional platforms based on the xy=k invariant.

The testnet is available at app.turbos.finance And provide trading and liquidity for the testnet SUI, BTC, ETH and USDC tokens, which will also be available on the mainnet.a comprehensive tutorial Can be used to guide users through the testnet experience, including wallet connections, testnet token funding, and dApp navigation. To provide feedback on the testnet, users are encouraged to join the Turbos Finance Discord server and share their insights on the testnet feedback channel.

“We are almost ready to launch the mainnet, and the launch of the permanent testnet is the final stage,” said Ted, co-founder and CEO of Turbos Finance. “The timing is perfect as Sui will launch in early May, We expect an almost immediate launch. Through our strategic partnership with Mysten Labs and Jump Crypto, we look forward to a smooth launch on the Sui mainnet very soon.”

About Turbo Finance

Turbos Finance, a DEX for everyone, is a non-custodial liquidity layer built on top of Sui Network powered by Jump Crypto and Mysten Labs. We provide an efficient and composable automated market maker (AMM) decentralized exchange with a centralized liquidity market maker (CLMM) model and derivatives trading capabilities.

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Ted Turbo
(email protected)