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Turbos Finance releases the Sui Testnet version to make final preparations for the Mainnet launch.
Sui Testnet Decentralization trading platform Turbos Finance launches permanent testnet version
On April 27th, the non-custodial decentralized trading platform Turbos Finance announced the release of a permanent Testnet version on the Sui public Testnet. This move is in preparation for the upcoming launch of the Sui mainnet on May 3rd.
Turbos Finance is committed to becoming one of the first protocols to deploy a centralized liquidity platform on the Sui network. The launch of this permanent Testnet gives users the opportunity to familiarize themselves with the platform's features and the user experience of the Sui network, while also providing valuable feedback for product improvement.
The platform adopts a centralized liquidity market making ( CLMM ) model, providing users with unique advantages. Users can customize the liquidity provision range, concentrating funds in specific price intervals, thus obtaining more trading fees with less capital. This approach has clear advantages over the traditional xy=k constant model.
On the permanent Testnet, users can obtain test tokens such as SUI, BTC, ETH, and USDC for trading experience and providing liquidity. To assist users in smooth operation, Turbos Finance provides detailed tutorials covering wallet connection, testnet token acquisition, and dApp navigation.
Ted, co-founder and CEO of Turbos Finance, stated: "The launch of the permanent Testnet is the final stage before our mainnet goes live. With the Sui mainnet set to launch in early May, we are fully prepared and expect to follow up quickly."
Turbos Finance is a non-custodial decentralized trading platform built on the Sui network, offering efficient and composable automated market maker (AMM) services, including concentrated liquidity market maker model and derivatives trading functionality.