Question 1

What is Turbos Finance (TURBOS)?

Accepted Answer

Turbos Finance is a non-custodial and hyper-efficient decentralized exchange (DEX) built on the Sui blockchain. It aims to provide a universal notion of digital asset ownership and unprecedented horizontal scalability to decentralized finance (DeFi). The platform focuses on maximizing capital efficiency and enabling dynamic asset management. It offers concentrated liquidity Automated Market Makers (AMMs) with a sophisticated fee structure and aims to revolutionize decentralized trading by popularizing the concept of concentrated liquidity.

Question 2

What is Turbos Finance (TURBOS) used for?

Accepted Answer

Turbos Finance serves several purposes within the DeFi ecosystem:

Decentralized Trading: By utilizing the concept of concentrated liquidity, Turbos Finance improves capital efficiency in trading, allowing liquidity providers to reduce the trading range and maximize potential returns.
Dynamic Asset Management: The platform allows liquidity providers full autonomy over the trading price range of their assets, providing flexibility to adjust to market conditions.
Streamlined User Experience: Turbos Finance is designed to offer an intuitive and user-friendly trading experience, making it accessible for both seasoned traders and beginners.
Interconnectivity in the Sui Ecosystem: Turbos Finance acts as a pivot between Sui ecosystem projects and the market, facilitating transactions and interactions within the ecosystem.

Question 3

Who created Turbos Finance (TURBOS)?

Accepted Answer

Turbos Finance was founded in June 2022 and is supported by Mysten Labs. It is backed by experts in DeFi and cryptocurrency trading, including Jump. The team behind Turbos Finance is focused on making DeFi accessible to the next billion Web3 users and contributing to the growth and development of the Sui ecosystem.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	TURBOS-USDT TURBOS-USDT	kucoin	BB	0.0₃1146USDT	5.23%	77,703,475.00TURBOS	4,697	0.0₃1089USDT	0.0₃1158USDT
2	TURBOS-USDT TURBOS_USDT	gateio	A	0.0₃1147USDT	5.71%	41,800,044.00TURBOS	1,213	0.0₃1085USDT	0.0₃1159USDT