Surf Protocol Comprehensive Upgrade: TurboFlow, a PerpDEX Born for Retail Investors

CN
12 hours ago

The PerpDEX platform Surf Protocol announced today that it has officially completed a dual upgrade of its brand and system, fully launching the on-chain version TurboFlow. This upgrade marks a new phase for Surf Protocol in the decentralized trading infrastructure field, with all trading data and asset migrations fully on-chain, achieving verifiable, transparent, and secure on-chain operations.

According to the official introduction, TurboFlow is dedicated to providing global retail traders with a lower-cost, fairer, and more controllable trading environment. The new version is built on an independent Layer 1 architecture, with some cryptocurrencies supporting up to 1000x flexible leverage options; the platform's trading oracle derives from a weighted average of multiple exchanges to avoid extreme market spikes. In terms of fees, TurboFlow introduces an optional profit-sharing fee model, allowing users to pay a portion of their profits as fees only when they are profitable; calculations show that under this model, trading slippage is 0, further reducing users' trading costs.

Comprehensive Upgrade from Surf to TurboFlow

The launch of the on-chain version represents the most significant systematic upgrade since Surf's establishment.

Founder Tony He stated that TurboFlow has achieved a comprehensive update in both product and brand, reflecting the platform's long-term strategic direction transformation.

Tony is a co-founder of Amber Group, a Nasdaq-listed company. Before founding Amber, he worked as an interest rate and derivatives trader at Morgan Stanley, with four years of experience in the financial industry.

Regarding the launch of TurboFlow, Tony said, “TurboFlow makes transparency the underlying logic of the system. We hope to provide retail investors with a professional, smooth, and transparent trading experience on TurboFlow.”

After the migration is completed, all user assets from Surf can be seamlessly transferred to TurboFlow, with the migration process being one-click and all Gas costs covered by the official team. All trading activities will be traceable on-chain. The new version supports synchronized login on both web and mobile platforms. According to the official announcement, the Surf platform will stop all new order placements starting November 3 (UTC+8) and complete all liquidation and migration by November 17 (UTC+8).

Born for Retail, Building a Fairer On-Chain Market

TurboFlow's design logic is always centered around retail investors, aiming to address the common pain points present in current CEX and traditional PerpDEX platforms. Through its innovative Vault model, the platform can dynamically balance market-making risks while ensuring fund security; at the same time, its flexible margin mechanism makes high-leverage trading more sustainable, significantly reducing liquidation risks.

Additionally, TurboFlow plans to open the market-making pool (Vault Liquidity) to the community, achieving a co-construction and profit-sharing operational model. A portion of the platform's revenue will flow back into ecological construction for future incentive points, referral rebates, and airdrop plans.

“We believe that true DeFi should not replicate centralized experiences but allow users to trade freely under fair rules,” Tony stated.

TurboFlow's Long-Term Strategy

In its long-term development plan, TurboFlow aims to become a PerpDEX focused on retail investors and will evolve into a complete derivatives ecosystem centered around retail traders.

The team revealed that in addition to perpetual contract products, TurboFlow will successively launch on-chain data analysis tools, trading strategy sharing modules, and community market maker incentive programs, pushing the platform towards becoming the “on-chain Robinhood.”

At the same time, TurboFlow will continue to expand its collaborations globally, with future announcements regarding strategic collaborations with various leading institutions, as well as technical integrations with multiple trading aggregators and on-chain clearing service providers, further enhancing ecological connectivity.

About TurboFlow

TurboFlow is a PerpDEX dedicated to providing an exceptional trading experience for retail investors within a secure and transparent framework.

TurboFlow offers users more flexible trading options, with some cryptocurrencies supporting up to 1000x leverage; it features an innovative zero-fee profit-sharing model, which can be selected alongside traditional fee models, maintaining the lowest industry rates; it has a more user-friendly risk control system, with the maintenance margin rate being the lowest in the industry, helping users achieve more controllable risk management in a high-leverage environment; the platform's prices are derived from a weighted average of multiple exchanges to avoid extreme market spikes.

TurboFlow's vision is to become the most user-friendly and accessible decentralized derivatives trading infrastructure for retail investors, with lower thresholds, lower fees, and a smoother trading experience.

Official website: https://turboflow.xyz

Official Twitter: https://x.com/TurboFlow_xyz

Contact: contact@tf.xyz

Disclaimer: Trading cryptocurrencies and their derivatives carries a high risk, and price fluctuations may result in financial losses. Please participate in trading only if you fully understand the risks and have the corresponding risk tolerance.

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