News

BlockBeats News, July 16 — According to official data from Grvt Strategies, the high-frequency trading strategy launched by the well-known market-making firm Ampersan reached its $500,000 TVL cap within just 20 hours and is now fully sold out. The platform stated that users who missed this round can still follow other top strategy manager products available on the platform.

BlockBeats News, July 16 — Sui’s leading ecosystem project, Turbos Finance, saw its trading volume surpass $47.8 million yesterday, setting a new all-time high for the protocol. The SUI-USDC trading pair performed exceptionally well, with volume exceeding $40 million. As of press time, the LP APR for several major Sui ecosystem trading pairs on Turbos Finance has exceeded 200%. Specifically: The SUI/USDC pair has an APR of 276.07%; The WAL/USDC pair has an APR of 391.16%; The NS/SUI pair has an APR of 291.79%; The LOFI/SUI pair has an APR of 245.44%; The USDT/USDC pair (fee tier 0.001%) has an APR of 18.54%; The USDT/USDC pair (fee tier 0.01%) has an APR of 15.91%; The LBTC/wBTC pair has an APR of 19.70%. With the protocol’s TVL and trading volume continuing to rise, Turbos Finance has become the trading and liquidity engine of the Sui ecosystem, driving DeFi adoption within the ecosystem.