Sui ecosystem DEX Turbos Finance launched Sui native stablecoin, with the first-day trading volume in USDC-USDT and SUI-USDC pools approaching 5 million US dollars. The current capital efficiency ranks first in Sui ecosystem, and the TVL supports trading volume ratio of about 1:10.
In addition, the annualized returns of the above two pools are currently leading in Sui ecosystem, and liquidity providers can enjoy SUI and TURBOS dual mining rewards, of which USDC-USDT is expected to reach 90-100% annualized, and SUI-USDC annualized is more than 300%.
Yesterday, Turbos Finance officially launched the first native USDC liquidity pool on Sui, providing users with high incentive opportunities.