Turbos Finance, the decentralized trading platform on the Sui blockchain, launches a permanent Testnet.

Recently, a non-custodial decentralized trading platform on the Sui Network public blockchain announced the release of a permanent Testnet version on Sui's public Testnet. This move comes as the Sui Network mainnet is set to launch on May 3.

The platform aims to become one of the first functional centralized liquidity protocols deployed on Sui. With the launch of the permanent Testnet, users can familiarize themselves with the platform's unique features and the user experience of the Sui Network, while the platform can also collect feedback to improve the product.

This permissionless access testnet application demonstrates the advantages of the platform's concentrated liquidity market making (CLMM) model. Users can set custom ranges for providing liquidity, concentrating it within the desired price range, and earn a larger share of fees with less capital. Compared to standard liquidity models based on the xy=k invariant, this approach offers more advantageous liquidity.

Users can obtain tokens on the Sui Network permanent Testnet through the official platform, such as SUI, BTC, ETH, and USDC, to experiment with trading and provide liquidity. The platform also offers a comprehensive tutorial to guide users through the Testnet experience, covering wallet connection, testing net token funding, and application navigation.

The co-founder and CEO of the platform stated: "We are ready for the mainnet launch, and the permanent Testnet release is the final phase. This timing is ideal as the Sui mainnet will be launched in early May, and we expect to follow up quickly. Through strategic cooperation, we are confident that we can successfully launch on the Sui mainnet."

This decentralized trading platform is built on the Sui Network and offers an efficient and composable automated market maker (AMM) decentralized exchange with a concentrated liquidity market maker (CLMM) model and derivatives trading capabilities. It aims to provide convenient trading services for all users and promote the development of the decentralized finance ecosystem.