BlockBeats news, the price of Turbos token has increased by nearly 15% in the past 24 hours, and active user addresses are close to 1.2 million! This news inevitably raises the question: what is the magic of Turbos? 🤔
First of all, Turbos is not just a token; it is actively expanding its diverse business. The Turbos Launchpad is supporting high-quality projects' IDOs, helping new projects establish a foothold in the market. Moreover, the Turbos.Fun memecoin launch platform has successfully incubated over 30 token projects, truly a bustling "incubator"!
The innovation capability and impressive key metrics of the Turbos platform demonstrate its solid position in the DeFi space. Data shows that the cumulative trading volume of Turbos DEX has exceeded $3.6 billion, and the total locked value has surpassed $24 million. The daily trading volume of the SUI - USDC pool is close to $3 million, with an annualized yield of up to 170%. Those are indeed attractive numbers!
In addition, the USDC-USDT liquidity pool also offers SUI mining incentives, serving as a liquidity pool without impermanent loss, with an annualized yield exceeding 25%. With such a yield, it’s no wonder it has attracted so much attention from users.
For blockchain and cryptocurrency enthusiasts, Turbos' performance is undoubtedly worth attention. Its rapid development and innovative capabilities make us look forward to more surprises in the future.
Dear readers, what are your views on the future of Turbos? Feel free to share your thoughts and insights in the comments! Let's discuss this vibrant crypto world together!