Turbos launches leveraged trading and lending pools powered by Deepbook and Abyss
According to Odaily, Turbos has officially launched a leveraged trading lending pool supported by Deepbook and Abyss technology. Users can provide assets to DeepBook's lending pool to earn sustainable real yields. Currently, the annualized yield for USDC deposits exceeds 20%, and users can also receive airdrop points rewards.
This launch includes four single-asset lending pools: SUI, USDC, DEEP, and WALRUS. Participation does not require trading. According to the official statement, the main sources of yield are: interest paid by margin traders, revenue sharing from leveraged position liquidations, and ecosystem incentive subsidies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Canadian Dollar remains subdued near two-month lows as falling oil prices weigh
Jamie Dimon Says the Dollar Only Stays Dominant if the US Makes Trade Deals
Wall Street Tokenization Explained: Will Blockchain Replace Today's Stock Trading Stack?
British Pound seems vulnerable near two-month low as USD bulls eye US PCE and GDP
Crypto prices
More
