Turbos Finance

IDO

Last updated: May 10, 2023

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Overview

Project industry	Finance Services & Banking / Exchanges & Wallets / DeFi / Sui Ecosystem / DEX
Product type	DeFi
Whitepaper	Open

What is Turbos Finance

Turbos is the first decentralized perpetual contract and zero-slippage exchange building on Sui, providing users with a safe and efficient trading platform with low fees and helping improve the asset liquidity in the Sui ecosystem.

Turbos, a large and intensive decentralized perpetual exchange building on Sui, enables users to operate within a safer and more efficient trading environment.

Turbos Finance, DEX for all, is a non-custodial liquidity layer built on top of the Sui Network backed by Jump Crypto. We offer an efficient and composable automated market maker (AMM) decentralized exchange with the Concentrated Liquidity Market Maker (CLMM) model and derivatives trading features.

Details

IDO (Daomaker Launchpad): May 13, 2023 - May 14, 2023

Legal

Blockchain Platform: Sui
Registration year: 2022

Turbos Finance Roadmap

Q4 2022

Complete the development of Move smart contract (Internal devnet)
Launch Perpetual contract on the Sui devnet

Q1 2023

Launch zero-slippage swap on the Sui devnet
Launch Sui testnet for public test

Follow Sui's Mainnet in 2023

Launch Sui mainnet, offering users perpetual protocol and zero-slippage trading services
Launch ecosystem function like staking, governance, rewards distribution