Surf Protocol has officially upgraded to the TurboFlow full-chain perpetual contract platform
BlockBeats News, October 27th, PerpDEX platform Surf Protocol announced today that it has completed a comprehensive brand and system upgrade, officially launching the full-chain version TurboFlow. TurboFlow is dedicated to providing retail traders with the ultimate trading experience in a secure and transparent framework on PerpDEX. It offers a more flexible trading approach, with some assets supporting up to 1000x leverage; introduces an innovative fee-free profit-sharing model that runs in parallel with the traditional fee model, both maintaining the lowest industry rates; has a more user-friendly risk control system, with the lowest industry liquidation maintenance margin, helping users achieve more manageable risk management in a high-leverage environment; the platform's pricing is based on a weighted average from multiple exchanges to avoid extreme market fluctuations.
According to the introduction, TurboFlow is built on an independent Layer1 architecture, with all transaction data and asset transfers already on-chain, achieving verifiability and traceability. User assets will be automatically migrated to the new platform with one click, and the entire process will be covered by the official gas cost. The web and mobile platforms have been synchronized. The original Surf platform orders will stop accepting new orders starting from November 3rd (UTC+8) and will complete all liquidations and migrations by November 17th (UTC+8).
TurboFlow's founder Tony He is the co-founder of the Nasdaq-listed company Amber Group, with extensive experience in financial derivatives and the blockchain industry. Tony stated that TurboFlow's goal is to "make transparency the underlying logic of the system and provide retail traders with a professional, smooth, and fair trading experience."
You may also like

What characteristics do the projects delisted by mainstream exchanges have?

Before the $75,000 Gamma level, both bulls and bears are waiting for a signal

Business Opportunities of Tokenized Stocks

In-depth research report on the Resolv protocol hacking incident, who is the final payer?

Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…

Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…

Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…

Exchanging 200,000 for nearly 100 million, DeFi stablecoins face another attack

The underlying business agreement of the trillion-dollar Agent economy: Understanding ERC-8183, it's not just about payments, but the future

When Wall Street's ETH begins to "yield": Looking at the asset properties of Ethereum from BlackRock's ETHB

The Power of Agency: The Agentic Wallet and the Next Decade of Wallets

Understanding x402 and MPP in One Article: Two Routes for Agent Payments

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment

The second half of stablecoins no longer belongs to the crypto circle
What characteristics do the projects delisted by mainstream exchanges have?
Before the $75,000 Gamma level, both bulls and bears are waiting for a signal
Business Opportunities of Tokenized Stocks
In-depth research report on the Resolv protocol hacking incident, who is the final payer?
Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…
Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…