Silky coin issuance + rich incentives, how does Turbos ride the wave of Sui Meme?

CN
1 year ago

In-depth exploration of how Turbos Finance stands out in the competitive Sui ecosystem, leveraging its advantages to become the primary hub for Meme traffic.

Author: Deep Tide TechFlow

Introduction

As the golden September and silver October arrive, with the favorable "double reduction" policies taking effect, the global market is experiencing a new wave of rising sentiment, and the crypto market is gradually recovering like a long-awaited rain after a drought.

Amidst the rising tide, the quietly emerging Sui ecosystem has become a captivating presence in the market. The price trend of the ecosystem's native token $SUI has surged, with a monthly increase of over 140%, reaching new highs. The Sui ecosystem is also experiencing an overall rebound. According to DeFi Llama data, the TVL of the Sui ecosystem has increased by over 250% in the past two months, surpassing the $1 billion mark.

With both coin prices and TVL hitting new highs, Sui has also launched its native USDC… This series of actions indicates a clear fact: the Sui ecosystem is actively gearing up to make a significant impact. With the ecosystem well-prepared, the next step is how to attract a large number of players to join and stay. Memecoins are undoubtedly the first choice for gathering market consensus at this moment.

After experiencing the excitement of the "Meme Year" and waves of consensus baptism, the positioning of Memecoins has gradually shifted from mere entertainment to an important cultural core within the crypto ecosystem. "Meme infrastructure" has become a new consensus in the market amid rising trends. Searching for Memes and high-quality Memes has become the first stop for crypto players exploring various chains.

With the market recovering, the Meme sector is no longer just a "backstop" for excess liquidity but has become a prime land for attracting substantial funds. Naturally, the outstanding Sui ecosystem has also absorbed a considerable portion of the Meme sector's heat: $BLUB, $FUD, $AAA… Various "water-themed" Memes have emerged, bringing waves of wealth effects.

When it comes to the Meme craze in the Sui ecosystem, the well-established DEX Turbos Finance is undoubtedly a key player in this trend. Not only are various Memes on the Sui ecosystem performing fervently, but Turbos' token $TURBOS has also shown impressive price performance, with a maximum increase of 240% in the past month, reflecting the market's recognition of Turbos within the Sui ecosystem through its intuitive price rise.

As a decentralized application that has been continuously cultivating the Sui ecosystem, Turbos is not just a trading platform; it is also a booster and guardian of the Meme market: its strong liquidity pools, innovative trading mechanisms, and comprehensive support for Memecoins make Turbos the preferred platform for providing liquidity for Memecoins in the Sui ecosystem.

This article will delve into how Turbos Finance stands out in the competitive Sui ecosystem, leveraging its advantages to become the primary hub for Meme traffic.

Good Data + Good Design: Turbos' Impressive Achievements

Loyal players in the crypto market have undoubtedly witnessed the Sui ecosystem's journey from $0 to $1 billion TVL during this cycle. As the hottest DEX in the Sui ecosystem, Turbos has received investment from Mysten Labs, the entity behind Sui, and as a trading platform recognized by the Sui public chain, Turbos naturally grows in tandem with the Sui ecosystem.

Rapid Growth and Industry-Leading Data Performance

Turbos' platform TVL is close to $30 million, with an increase of nearly 400% in two months and over 46% growth within a week, showcasing a strong growth momentum that stands out in the competitive Sui ecosystem DEX sector.

Since its launch, Turbos has surpassed 400,000 active accounts, with the platform's highest single-day trading volume approaching $40 million, and the total trading volume exceeding $2.8 billion.

At the same time, all of the top ten tokens in the Sui ecosystem have chosen to launch on Turbos, whether they are Memes or stablecoins, Turbos has been able to meet their needs.

Turbos Finance's Outstanding Advantages: The First Choice for Meme Token Listings in Sui

In addition to its excellent data performance, Turbos' platform service design gives it an advantage in attracting a large number of high-quality Meme projects:

The trading volume of most Meme tokens listed on Turbos is more than twice the amount locked in its liquidity pools, meaning that for every $1 of liquidity on Turbos, it can support at least $2 of trading volume. Turbos' strong efficiency ensures that no penny is wasted in the ecosystem;

Additionally, Turbos provides convenient categorization features and clear trading information displays, making the trading volume and liquidity of each token pool easy to understand. Users can easily find various Memecoins through simple filters and sorting functions, quickly identifying the tokens with the highest trading volumes, facilitating informed choices based on personal investment strategies and risk preferences. These thoughtfully designed features enhance the overall user experience while increasing user engagement and stickiness to the platform, creating an intuitive, efficient, and information-rich trading environment;

Turbos also offers banner design, allowing users to quickly identify newly launched Meme tokens and incentive activities while browsing the dApp, increasing user participation and providing significant exposure opportunities for new projects.

Fully Prepared to Capture Meme Traffic

As mentioned earlier, Turbos is not merely a trading platform; calling it the Meme Trading Hub of the Sui ecosystem may be more fitting for Turbos' positioning. The emphasis on Turbos' "Meme attributes" is due to its provision of a high-quality trading platform for users while also offering corresponding support services for Memecoin projects.

Smooth Comprehensive Token Listing Services

In addition to the previously mentioned banner design, Turbos also provides a full suite of services for Memecoins, including permissionless liquidity pool listings, CEX joint activities, media resource connections, and social media promotions. This covers various aspects from technical support (such as token verification) to marketing promotion (such as banner ads and newsletters).

Through these services, Turbos offers exceptional exposure opportunities for project teams, providing comprehensive support for Memecoin projects to ensure their tokens stand out in a competitive market.

Rich Collaboration Landscape: Turbos Takes Memes Seriously

High-Quality Memes All Included

Diving into the Meme paradise, Turbos has successfully attracted over 40 popular Memecoins to launch on its platform, and it is also the exclusive launch platform for several 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 listings. Recently popular Memecoins such as $suishi, $AAA, $TUSK, and $PUGWIF have also been integrated into Turbos.

Exclusive Launch of Top Memes

In its collaborations with Memecoins, Turbos values quality as much as quantity. Star Meme projects in the Sui ecosystem, such as $BLUB, $FUD, and $PIGU, have chosen to launch exclusively on Turbos, providing trading rewards and other incentive activities for Turbos users, directly empowering the platform's token $TURBOS. For instance, on October 9, the $PIGU liquidity pool launched exclusively on Turbos, achieving a trading volume of $4 million on its launch day, while offering additional $PIGU liquidity incentives with an annualized rate of up to 750%.

It is worth mentioning that Turbos is also the exclusive launch platform for Sui USDC, being the only DEX that allows liquidity providers to enjoy dual mining rewards of "SUI + TURBOS." Additionally, the platform's USDT/USDC and SUI/USDC pools offer excellent annualized returns, making it the highest yielding platform for native USDC in the Sui ecosystem.

With the launch of native USDC on Sui, coupled with support from centralized exchanges, it is foreseeable that the liquidity depth of USDC in the Sui ecosystem will significantly increase. Turbos' Smart Routing will enable users to directly purchase Memecoins with native USDC, stimulating trading volume while attracting more mainstream Memecoins to choose Turbos for their trading pools and collaborations, creating a virtuous cycle that catalyzes further development of Turbos.

Continuous Surprises and Benefits from the User Perspective

Users are the foundation of the platform, and while Turbos accurately understands the needs of project teams, it naturally does not overlook the user experience and various incentive measures. Through the Turbos platform's native data platform, users can freely view the overall data of the platform, trading data of tokens, or details of various liquidity pools within the platform. Trading, providing LP, and viewing data can all be easily done on one page.

In terms of user incentives, Turbos also collaborates with high-quality projects to provide exclusive rewards for ecosystem users.

For example, recently Turbos launched a co-branded incentive campaign with the leading Sui ecosystem Memecoin $BLUB, where users can earn $BLUB rewards by using Turbos' Smart Routing feature to trade $BLUB with $SUI, $TURBOS, or other tokens, or by providing LP in the BLUB/SUI liquidity pool.

Even if certain token pairs do not have direct support in Turbos' pools, users can still swap through Turbos' Smart Routing, greatly facilitating $TURBOS holders' participation in various activities and trades.

Additionally, $TURBOS holders and platform users enjoy exclusive airdrop benefits, including popular projects such as $BLUB, $LIQ, and $PIGU that have provided exclusive airdrop activities for Turbos users.

Linking CEX, Connecting BC Dual-Demand

Beyond guiding traffic to the platform, Turbos has also collaborated with centralized exchanges to launch liquidity incentive activities, extending the wave of Meme tokens and interactive experiences to CEX users. As early as April this year, Turbos participated in the DeFi Suinami event of OKX Wallet, earning rewards by adding liquidity for its own tokens or Memecoins. This not only brings additional incentives to users and extra liquidity exposure for collaborating Meme projects but also connects exchange users with the rich decentralized on-chain world.

Through comprehensive token 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, continuing to explore the wealth codes of the Sui ecosystem. Whether you are an Alpha Hunter looking for the next hit Meme or an on-chain OG hoping to participate in high-yield liquidity mining, Turbos is undoubtedly an excellent choice.

Conclusion

Through in-depth analysis, it is clear that Turbos' role in the Sui ecosystem is not just as a participant but as a leader. Its positioning is no longer limited to a simple trading platform but as a catalyst for the Meme market within the Sui ecosystem and a new haven for the flow of user funds.

With the hot Meme sector paving the way, Turbos' high-quality and reliable services have been validated. As the Sui ecosystem officially unfolds and various project applications flourish, it is foreseeable that more core development tracks in Sui (such as GameFi and stablecoins) will choose to launch on Turbos, offering exclusive activities for users.

Through ingenious product design and a rich collaboration landscape, Turbos is poised to showcase its capabilities in the Sui ecosystem, demonstrating an exciting development path. Whether you are an investor, trader, or simply an observer, Turbos is worth your attention.

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