Sui Ecosystem DEX Turbos Finance launches LP lock-up function, LP can permanently lock full range of liquidity

According to official information, the leading DEX in the Sui ecosystem, Turbos Finance, has now launched the LP staking function. The goal is to enable LPs to permanently lock their liquidity positions on the DEX platform while still earning trading fees and incentives by locking the liquidity. This function will help prevent project rug pulls, reduce selling pressure by locking tokens, and enhance transparency and trust in the Sui ecosystem community. This move will further drive the development of coins and other sectors like in the Sui ecosystem, thereby benefiting the entire ecosystem. Previously, Turbos has exclusively supported multiple coin projects in the Sui ecosystem, including , , and . Currently, its TVL is close to $30 million, with a weekly trading volume exceeding $90 million and nearly 500,000 active addresses.