Author: TechFlow
Foreword
In September and October, with the implementation of the "double reduction" policy, the global market has ushered in a new round of upward sentiment cycle, and the cryptocurrency market has also gradually recovered like a long drought meeting sweet rain.
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Amidst the rising tide, the quietly rising Sui ecosystem has become a eye-catching presence in the market. The price trend of the ecosystem token $SUI has been unstoppable, with a monthly increase of over 140%, reaching a new high. The Sui ecosystem has also generally warmed up. According to DeFi Llama data, the TVL of the Sui ecosystem has increased by more than 250% in the past two months, breaking through the $1 billion mark.
With the coin price and TVL hitting new highs, Sui has also issued its native USDC...... This series of actions all indicate a fact: the Sui ecosystem is actively getting started, and wants to make some big moves. The ecosystem has prepared the venue well and made full preparations, and the next step is how to attract a large number of players to enter and stay? Memecoins are undoubtedly the first choice to gather market consensus at the moment.
After experiencing the lively "Meme Year" and a series of consensus baptisms, the positioning of Memecoins 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 through a series of ups and downs. Searching for Memes and finding quality Memes have also become the first stop for crypto players to explore different chains.
Coinciding with the market recovery, the Meme sector is no longer just a "bagholding" to absorb the overflow liquidity, but a hot spot for attracting a lot of capital. Of course, the outstanding Sui ecosystem has naturally taken on a considerable part of the heat of the Meme sector: $BLUB, $FUD, $AAA... Various "water system" Memes have emerged one after another, bringing wave after wave of wealth effects.
Speaking of the Meme craze in the Sui ecosystem, the veteran DEX of the Sui ecosystem, Turbos Finance, is undoubtedly an indispensable part of this market trend. Not only have the various Memes on the Sui ecosystem performed feverishly, but the token $TURBOS of Turbos has also shown a dazzling price performance, with a maximum increase of 240% in the past month, which reflects the market's recognition of Turbos' position in the Sui ecosystem.
As a decentralized application that has been continuously cultivating in the Sui ecosystem, Turbos is not only a trading platform, but also a booster and guardian of the Meme market: its powerful liquidity pool, innovative trading mechanism, and comprehensive support for Memecoins have made Turbos the preferred platform for providing liquidity for Memecoins in the Sui ecosystem.
This article will delve into how Turbos Finance has stood out from the fierce competition in the Sui ecosystem by leveraging its own advantages and become the first-choice platform for channeling Meme traffic.
Good Data + Good Design, Turbos' Impressive Performance
Loyal crypto market players must have witnessed the Sui ecosystem's journey from 0 to $1 billion TVL in this cycle. As the hottest DEX in the Sui ecosystem, Turbos has even received investment from Mysten Labs, the entity behind Sui, as the recognized trading platform by Sui public chain, Turbos has naturally kept pace with the Sui ecosystem, growing together.
Rapid Growth Momentum, Industry-Leading Data Performance
Turbos platform's TVL is close to $30 million, with a growth of nearly 400% in 2 months, and a weekly growth of over 46%, the strong growth momentum is quite eye-catching in the highly competitive Sui ecosystem DEX sector.
Since the launch of the platform, Turbos has exceeded 400,000 active accounts, with a peak single-day trading volume of nearly $40 million, and a total trading volume of over $2.8 billion.
At the same time, the top ten tokens in the Sui ecosystem have all chosen to list on Turbos, whether they are Memes or stablecoins, Turbos is almost always responsive.
The Excellent Advantages of Turbos Finance, the First Choice for Sui Meme Tokens
In addition to the excellent data performance, the platform's service design also gives Turbos an advantage in attracting a large number of quality Meme projects to settle:
The trading volume of most Meme tokens on Turbos is more than twice the liquidity pool locked-in amount, which means that every $1 of liquidity on Turbos can support at least $2 of trading volume, the powerful flywheel effect of Turbos does not waste a single penny in the ecosystem;
Turbos also provides convenient categorization functions and clear display of trading information, the trading volume and liquidity of each token pool are clear at a glance, users can easily find various Memecoins through simple filters and sorting functions, and quickly identify the tokens with the highest trading volume, making it easy to make wise choices based on their own investment strategies and risk preferences. These carefully designed features not only enhance the overall user experience, but also strengthen the user's participation and stickiness to the platform, creating a intuitive, efficient and information-rich trading environment;
Turbos also provides poster banner design, so that users can quickly identify the latest Meme tokens and incentive activities when browsing the dApp, which not only increases user participation, but also provides a large amount of exposure opportunities for new projects.
Be fully prepared to take on Meme traffic
As mentioned in the previous article, Turbos is not simply a trading platform, but may be more accurately described as the Meme Trading Hub of the 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 offers corresponding supporting services for Memecoin projects.
Smooth and comprehensive token listing services
In addition to the poster and banner design mentioned earlier, Turbos also provides Memecoins with permission-less liquidity pool listing, CEX joint activities, media resource connections, and social media promotion, covering various aspects from technical support (such as token verification) to marketing promotion (such as banner ads and newsletters).
Through these services, Turbos provides project parties with excellent exposure opportunities and comprehensive support for Memecoin projects, ensuring that their tokens can stand out in the highly competitive market.
Extensive cooperation: Turbos is serious about Meme
Quality Memes all in the bag
Turbos, which has plunged into the Meme paradise, has successfully attracted more than 40 popular Memecoins to list on the platform, and is also the exclusive launch platform for many Memecoins, thanks to its unique resources and superior services.
As early as the beginning of 2024, when the first batch of Sui Memes such as $FUD, $HSUI, and $SPAM emerged, Turbos had already deployed support for Memecoin airdrops. Recently, hot Memecoins such as $suishi, $AAA, $TUSK, and $PUGWIF have also been integrated and included by Turbos.
Top Meme projects exclusive launch
In terms of Memecoin cooperation, Turbos not only requires quantity, but also pays more attention to quality. Star Meme projects in the Sui ecosystem, such as $BLUB, $FUD, and $PIGU, have chosen to launch exclusively on Turbos, and have also provided trading rewards and other incentive activities for Turbos users, directly empowering the platform token $TURBOS. For example, $PIGU, which was exclusively launched on the Turbos liquidity pool on October 9, had a trading volume of $4 million on the launch day, and also provided an additional $PIGU liquidity incentive with an annualized yield of up to 750%.
It is worth mentioning that Turbos is the first launch platform for Sui USDC, and is the only DEX that allows liquidity providers to enjoy "SUI + TURBOS" dual mining rewards. At the same time, the platform's USDT/USDC and SUI/USDC pools have excellent annualized returns, making them the highest native USDC yield platforms in the Sui ecosystem.
With the launch of native USDC on Sui, and the support of centralized exchanges, the liquidity depth of USDC in the Sui ecosystem is expected to increase significantly. Turbos' smart routing will allow users to directly use native USDC to purchase Memecoins, stimulating trading volume while also attracting more mainstream Memecoins to choose Turbos for trading pools and cooperation, forming a virtuous cycle and catalyzing further development of Turbos.
From the user's perspective, continuous welfare surprises
Users are the foundation of the platform, and while Turbos precisely grasps the needs of project parties, it naturally does not neglect the user experience and various incentive measures. Through Turbos' native data platform, users can freely view the overall data of the platform, the trading data of tokens, or the details of various liquidity pools on the platform. Trading, providing LP, and viewing data can all be easily handled on one page.
In terms of user incentives, Turbos has also partnered with quality projects to provide exclusive rewards for ecosystem users.
For example, Turbos recently launched a co-branded incentive activity with the top Memecoin $BLUB in the Sui ecosystem. Users can receive $BLUB rewards by using the $SUI, $TURBOS or other tokens to trade $BLUB or provide LP in the BLUB/SUI liquidity pool through Turbos' smart routing function.
Even if certain token pairs do not have direct support in Turbos pools, users can still participate in various activities and trades through Turbos' smart routing, greatly facilitating $TURBOS holders.
In addition, $TURBOS holders and platform users also enjoy exclusive airdrop benefits, including popular projects such as $BLUB, $LIQ, and $PIGU providing dedicated airdrop activities for Turbos users.
Linking with CEX, connecting the needs of both ends of the blockchain
In addition to its own traffic guidance, Turbos has also partnered with centralized exchanges to launch liquidity incentive activities, extending the Meme token wave and interactive experience to CEX users. As early as April this year, Turbos participated in OKX Wallet's DeFi Suinami event, allowing users to earn rewards by adding liquidity to its own token or Memecoins. This not only brings additional incentives to users, but also brings additional liquidity exposure to the cooperating Meme projects, while also connecting exchange users to the rich decentralized on-chain world.
Through comprehensive listing services, diverse Meme token support, excellent user experience, and innovative activities, Turbos' unique position in the Sui ecosystem is highlighted. In the future, Turbos will also launch more unique Meme Launch programs, continuing to explore the wealth code 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 an excellent choice.
Conclusion
Through in-depth analysis, it is not difficult to find that Turbos' role in the Sui ecosystem is not just a participant, but a leader. Its positioning is no longer limited to a simple trading platform, but a catalyst for the Meme market in the Sui ecosystem, and a new promised land for user capital flows.
With the hot Meme section leading the way, Turbos' high-quality and reliable services have been validated. When the Sui ecosystem is fully unfolded and various project applications are flourishing, it can be foreseen that more Sui core development tracks (such as GameFi, stablecoins, etc.) will choose to list on Turbos, and launch exclusive activities for users.
Through exquisite product design and a rich cooperation landscape, Turbos has shown an impressive development path in the Sui ecosystem. Whether you are an investor, trader, or simply an observer, Turbos is worth a closer look.
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