Author: TechFlow
Preface
September and October are the golden months. With the implementation of the "double reduction" policy, the global market has ushered in a new round of upward sentiment cycle, and the crypto market is gradually recovering like a long-awaited rain.
Amid the rising prices, the Sui ecosystem has quietly emerged and become an eye-catching presence in the market. The price trend of the ecosystem's native currency $SUI has been unstoppable, with a monthly increase of more than 140%, and the price has hit a new high. The Sui ecosystem has also rebounded overall. According to DeFi Llama data, the Sui ecosystem TVL has increased by more than 250% in the past two months, breaking the $1 billion mark.
The price and TVL of the currency have reached new highs. At the same time, Sui has issued native USDC. This series of actions all indicate a fact: the Sui ecosystem is actively starting and wants to make some big moves. The ecosystem has arranged a good venue and made all preparations. The next step is how to attract a large number of players to enter and stay? Memecoin is undoubtedly the first choice for gathering market consensus at the moment.
After experiencing the excitement of the "first year of Meme" and waves of consensus, Memecoin's positioning has gradually shifted from entertainment to an important cultural core in the crypto ecosystem. "Meme infrastructure" has gradually become a new consensus in the market amid waves of increases. Finding Meme and finding high-quality Meme have also become the first stop for crypto players to explore various chains.
As the market recovers, the Meme sector is no longer a "buyer" for overflow liquidity, but a preferred wealth hotspot for attracting many funds. Of course, the excellent Sui ecosystem has naturally taken on a considerable portion of the Meme sector's popularity: $BLUB, $FUD, $AAA... Various "water system" Memes emerge in an endless stream, bringing waves of wealth effects.
Speaking of the meme craze in the Sui ecosystem, Turbos Finance, a long-established DEX in the Sui ecosystem, is an indispensable part of this trend. Not only are the various memes in the Sui ecosystem enthusiastic, but Turbos's token $TURBOS also has an eye-catching price performance, with the highest increase of 240% in the past month. The market's recognition of Turbos in the Sui ecosystem is reflected in the intuitive increase.
As a decentralized application that has been continuously working in the Sui ecosystem, Turbos is not only a trading platform, but also a booster and guardian of the Meme market: a powerful liquidity pool, innovative trading mechanism and full support for Memecoin make Turbos the preferred platform for Memecoin liquidity in the Sui ecosystem.
This article will explore in depth how Turbos Finance stands out in the competitive Sui ecosystem with its own advantages and becomes the first station to receive Meme traffic.
Good data + good design, Turbos's impressive performance
Loyal players in the crypto market must have witnessed the Sui ecosystem's rise from 0 to $1 billion in TVL in this cycle. As the most popular DEX in the Sui ecosystem, Turbos has received investment from Mysten Labs, the main body behind Sui. As a trading platform approved by the Sui public chain, Turbos naturally keeps pace with the Sui ecosystem and grows together.
Rapid growth momentum and industry-leading data performance
The TVL of the Turbos platform is close to 30 million US dollars, with an increase of nearly 400% in 2 months and an increase of more than 46% within a week. The strong growth momentum is quite eye-catching in the highly competitive Sui ecosystem DEX sector.
Since the platform went online, Turbos has had more than 400,000 active accounts, with the platform’s highest daily trading volume approaching $40 million and total trading volume exceeding $2.8 billion.
At the same time, the top ten tokens in the Sui ecosystem have all chosen to be launched on Turbos. Whether it is Meme or stablecoin, almost every request can be met on Turbos.
Turbos Finance's outstanding advantages make Sui the first choice for Meme listings
In addition to its excellent data performance, Turbos’ own platform service design also enables it to attract a large number of high-quality Meme projects:
The transaction volume of most Meme tokens logged into Turbos is more than twice the amount locked in its liquidity pool, which means that every $1 of liquidity on Turbos can support at least $2 of transaction volume. Turbos' powerful efficiency flywheel does not waste every penny in the ecosystem.
At the same time, Turbos also provides convenient classification functions and clear transaction information display. The transaction volume and liquidity of each token pool are clear at a glance. Users can easily find various Memecoins through simple filters and sorting functions, quickly identify the tokens with the highest transaction volume, and make wise choices based on personal investment strategies and risk preferences. These carefully designed functions not only improve the overall user experience, but also enhance the user's sense of participation and stickiness to the platform, creating an intuitive, efficient and information-rich trading environment;
Turbos also provides poster and banner designs, so that users can quickly identify the latest Meme tokens and incentive activities when browsing dApps, increasing user engagement while providing a large number of exposure opportunities for new projects.
Be fully prepared to handle Meme traffic
As mentioned in the previous article, Turbos is not just a trading platform. It may be more appropriate to call it the Meme Trading Hub of Sui Ecosystem. The reason why Turbos’ “Meme attribute” is so important is that Turbos not only provides users with a high-quality trading platform, but also provides corresponding supporting services for Memecoin project parties.
Smooth and comprehensive coin listing services
In addition to the poster and banner design mentioned above, Turbos also provides Memecoin with a full range of services including permissionless liquidity pool listing (permission delisting), CEX joint activities, media resource docking, and social media promotion. It covers a wide range of aspects, from technical support (such as token verification) to marketing promotion (such as banner ads and newsletters).
Through the above services, Turbos provides excellent exposure opportunities for project owners and provides all-round support for the Memecoin project, ensuring that its tokens can stand out in a highly competitive market.
Rich cooperation landscape: Turbos is serious about meme
Get all the high-quality memes
Turbos, which plunged headfirst into the Meme Paradise, has successfully attracted more than 40 popular Memecoins to be launched on the platform with its unique resources and superior services. It is also the exclusive launch platform for many Memecoins.
As early as the beginning of 2024, when the first batch of Sui Memes, including $FUD, $HSUI, and $SPAM, emerged, Turbos had already deployed support for Memecoin IPOs. At the same time, the recently popular Memecoins such as $suishi, $AAA, $TUSK, $PUGWIF, etc. were also integrated by Turbos and included in its collection.
Top Meme Exclusive Debut
In the cooperation with Memecoin, Turbos not only requires quantity, but also pays more attention to quality. $BLUB, $FUD, $PIGU and other Sui ecological star meme projects have chosen to be exclusively launched on Turbos, and at the same time provide incentive activities such as trading rewards for Turbos users, directly empowering the platform token $TURBOS. For example, $PIGU, which was exclusively launched on Turbos on October 9, had a trading volume of 4 million US dollars on the day of launch, and provided additional $PIGU liquidity incentives of up to 750% annualized on the same day.
It is worth mentioning that Turbos is the first launch platform of Sui USDC and the only DEX that allows liquidity providers to enjoy the dual mining rewards of "SUI + TURBOS". At the same time, the platform's USDT/USDC and SUI/USDC pools have excellent annualized returns, making it the highest native USDC income platform in the Sui ecosystem.
With the launch of native USDC on Sui, coupled with the support of the joint centralized exchange, it is foreseeable that the liquidity depth of USDC in the Sui ecosystem will be significantly improved. Turbos' Smart Routing will allow users to directly purchase Memecoin with native USDC, which will stimulate transaction volume and attract more mainstream Memecoins to choose Turbos to list in the trading pool and cooperate, forming a virtuous cycle and catalyzing the further development of Turbos.
From the user's perspective, there are constant surprises in benefits
Users are the foundation of the platform. While Turbos accurately controls the needs of the project parties, it will naturally not fall behind in terms of user experience and various incentives. Through the native data platform of the Turbos platform, users can freely view the overall data of the platform, the transaction data of tokens, or the details of various liquidity pools in the platform. Trading, being an LP, and viewing data can all be done on one page.
In terms of user incentives, Turbos also collaborates with high-quality projects to provide exclusive rewards to ecosystem users.
For example, Turbos recently launched a joint incentive campaign with $BLUB, the leading Memecoin in the Sui ecosystem. Users can obtain $BLUB rewards by using $SUI, $TURBOS or other tokens to trade $BLUB through Turbos' Smart Routing function, or by providing LP in the BLUB/SUI liquidity pool.
Even if some token pairs are not directly supported in the Turbos pool, users can swap through Turbos' smart routing, which greatly facilitates $TURBOS holders to participate in various activities and transactions.
In addition, $TURBOS holders and platform users also enjoy exclusive airdrop benefits. Popular projects including $BLUB, $LIQ, and $PIGU have provided exclusive airdrop activities for Turbos users.
Linking CEX to connect BC's dual-end needs
In addition to the platform's own traffic guidance, Turbos also launched liquidity incentive activities in conjunction with centralized exchanges to extend the wave of Meme tokens and interactive experience to CEX users. As early as April this year, Turbos participated in OKX Wallet's DeFi Suinami event and obtained rewards by adding its own token or Memecoin liquidity. While bringing additional incentives to users and additional liquidity exposure to cooperative Meme projects, it also connects exchange users with the rich decentralized chain world.
Through comprehensive listing services, diverse Meme token support, excellent user experience, and innovative activities, Turbos' unique positioning in the Sui ecosystem is highlighted. In the future, Turbos will launch more unique Meme Launch plans to continue exploring the wealth code of the Sui ecosystem. Whether it is an Alpha Hunter looking for the next hit Meme or an on-chain OG who wants to participate in high-yield liquidity mining, Turbos is an excellent choice.
Conclusion
Through in-depth analysis, it is not difficult to find that Turbos' role in the Sui ecosystem is not only a participant, but also a leader. Its own positioning is no longer limited to a simple trading platform, but a catalyst for the Meme market in the Sui ecosystem and a new paradise for user capital flow.
With the hot Meme section as a pioneer, the high-quality and reliable service of the Turbos platform has been verified. When the Sui ecosystem is officially launched and various project applications are launched, it is foreseeable that more projects in Sui's core development tracks (such as GameFi, stablecoins) will choose to go online on Turbos and carry out exclusive activities for users.
Through exquisite product design and rich cooperation, Turbos has shown its strength in the Sui ecosystem and demonstrated an exciting development path. Whether you are an investor, trader or just an observer, Turbos is worth your attention.