Turbos Finance's daily trading volume exceeded US$47.8 million, setting a new record, and the LP APR of multiple mainstream currency pairs exceeded 200%

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On July 16, Turbos Finance, a top Sui ecosystem project, saw its daily trading volume exceed $47.8 million, setting a new protocol record, with the SUI-USDC trading pair performing exceptionally well, surpassing $40 million.

As of the time of writing, multiple mainstream trading pairs on Turbos Finance in the Sui ecosystem have LP APRs breaking through 200%. Specifically:

SUI/USDC trading pair APR reached 276.07%;

WAL/USDC trading pair APR reached 391.16%;

NS/SUI trading pair APR reached 291.79%;

LOFI/SUI trading pair APR reached 245.44%;

USDT/USDC (fee tier 0.001%) trading pair APR reached 18.54%;

USDT/USDC (fee tier 0.01%) trading pair APR reached 15.91%;

LBTC/wBTC trading pair APR reached 19.70%.

With its protocol TVL and trading volume continuously increasing, Turbos Finance has become the trading and liquidity engine of the Sui ecosystem, driving DeFi adoption.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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