Turbos launched a leveraged trading lending pool powered by Deepbook and Abyss

robot
Abstract generation in progress

Odaily Planet Daily reports that Turbos has officially launched a leveraged trading lending pool supported by technology from Deepbook and Abyss. Users can provide assets to DeepBook’s lending pool to earn sustainable real returns. Currently, the annualized yield on USDC deposits exceeds 20%, and users can also receive airdrop points as rewards.

This launch includes four single-asset lending pools: SUI, USDC, DEEP, and WALRUS, all accessible without trading. The official statement indicates that the main sources of income are threefold: interest paid by margin traders, revenue sharing from leveraged position liquidations, and ecosystem incentive subsidies.

DEEP-9.81%
USDC0.02%
SUI-5.62%
WAL-6.41%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)