what's Turbos Finance?
Turbos Finance is a hyper-efficient decentralized exchange (DEX) built on the Sui blockchain. It functions as a concentrated liquidity market maker (CLMM) providing frictionless liquidity through spot trading, perpetuals, and a launchpad. Key features include dynamic leverage positions protected from liquidation and community project launchers like Turbosfun. The protocol emphasizes composability as an AMM building block, with partnerships enhancing Sui ecosystem growth, such as CEX listing accelerators and integrations for decentralized identities via SuiNS. It supports liquidity farming across major pairs like TURBOS/USDC and SUI/USDC.
Competitor DEX outperforms Turbos in user growth, liquidity, TVL, and trading volume on Sui.
Achieved average daily DEX volume of $409 million in 2025, representing 232% year-over-year growth.
Integrated with Mayan Finance to enable cross-chain swaps directly into Sui network.
Competitor Momentum DEX outperforms Turbos in user growth and liquidity, dominating Sui network's TVL and trading volume.
Emergency security patch deployed to fix vulnerabilities similar to those exploited in $223M Cetus hack on Sui network.
HAEDAL/USDC pool offers 2,664.81% APR, significantly higher than alternative pools.
New one-click yield farming feature launches through Zap and Cetus Auto Vault LP integration.
Previously profitable ($200k+) arbitrage bot is now open-sourced, indicating significant DEX integration but reduced arbitrage opportunities in current market conditions.
126,256 TURBOS tokens available through Bybit HotSpot event until Jan 23, 2024, 10AM UTC.