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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."
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