Sui blockchain Decentralization trading platform Turbos Finance launches permanent test version

As the Sui Network mainnet is set to launch on May 3, its ecosystem is thriving. Recently, a non-custodial decentralized trading platform running on Sui, Turbos Finance, announced that it has released a permanent testnet version on the Sui public testnet.

The launch of this permanent test version gives users the opportunity to experience the unique features of the platform and the user experience of Sui Network in advance. At the same time, it also provides a valuable opportunity for Turbos Finance to collect user feedback and optimize the product.

The core feature of Turbos Finance is the use of centralized liquidity market-making ( CLMM ) model. This model allows users to provide liquidity with custom ranges, concentrating funds within specific price intervals. Compared to the traditional xy=k constant product model, the CLMM model can achieve higher fee revenue with less capital, providing more efficient liquidity.

To facilitate user testing, Turbos Finance provides tokens such as SUI, BTC, ETH, and USDC on its testnet. Users can utilize these tokens to try out trading and providing liquidity functions. The platform also offers detailed tutorials to guide users through operations like wallet connection and obtaining test tokens.

Ted, the co-founder and CEO of Turbos Finance, stated: "The release of the permanent testnet is the final stage of our preparation for the mainnet. Given that the Sui mainnet is set to launch in early May, this timing is perfect. We are confident that we can achieve a smooth deployment on the Sui mainnet quickly."

As an important member of the Sui ecosystem, Turbos Finance is committed to providing users with an efficient, composable automated market maker (AMM) decentralized exchange. In addition to the CLMM model, the platform also plans to launch derivatives trading features to meet the needs of different users.

With the imminent launch of the Sui mainnet, the release of the permanent testnet for Turbos Finance undoubtedly adds a splash of color to the entire ecosystem. It not only showcases the potential of the Sui Network but also provides users with an opportunity to explore new DeFi products. In the coming weeks, we will closely monitor the performance of Turbos Finance on the Sui mainnet and how it will impact the development of the entire DeFi field.