Surf Protocol, the PerpDEX platform, announced today the completion of its brand and system upgrades, launching its fully on-chain version of TurboFlow. This upgrade marks a new phase for Surf Protocol in the decentralized exchange infrastructure space, with all transaction data and asset migrations now fully on-chain, enabling verifiable, transparent, and secure full-chain operations.

According to the official introduction, TurboFlow is committed to providing a lower-cost, fairer, and more controllable trading environment for retail traders worldwide. The new version is built on an independent Layer 1 architecture and supports flexible leverage options up to 1000x for some currencies. The platform's trading oracles are derived from a weighted average of multiple exchanges to avoid extreme market fluctuations. Regarding transaction fees, TurboFlow has introduced an optional profit-sharing model, allowing users to pay only a portion of their profits as transaction fees. Calculations show that transaction slippage under this model is zero, further reducing user transaction costs.

Comprehensive upgrade from Surf to TurboFlow

The launch of the full-chain version is the most important systematic upgrade since the establishment of Surf.

Founder Tony He said that TurboFlow has achieved a comprehensive update in terms of product and brand, and it also reflects the transformation of the platform's long-term strategic direction.

Tony is the co-founder of Amber Group, a Nasdaq-listed company. Prior to founding Amber, he worked as an interest rate and derivatives trader at Morgan Stanley and has four years of experience in the financial industry.

Regarding the launch of TurboFlow, Tony said: "TurboFlow makes transparency the underlying logic of the system. We hope that retail investors can also get a professional, smooth and transparent trading experience on TurboFlow."

After the migration is complete, all Surf user assets will be seamlessly transferred to TurboFlow. The migration process is a one-click process, with all gas costs covered by the official platform. All transactions will be traceable on-chain. The new version supports simultaneous login via web and mobile platforms. According to the official announcement, the Surf platform will stop placing new orders starting November 3rd (UTC+8) and complete all liquidations and migration by November 17th (UTC+8).

Born for retail, building a fairer on-chain market

TurboFlow's design logic is rooted in retail investors, committed to addressing common pain points across CEXs and traditional PerpDEXs. Through its unique Vault model, the platform dynamically balances market-making risk while ensuring fund security. Furthermore, its flexible margin mechanism makes high-leverage trading more sustainable and significantly reduces the risk of forced liquidation.

Furthermore, TurboFlow plans to open its market-making pool (Vault Liquidity) to the community, enabling a user-driven, revenue-sharing model. A portion of the platform's revenue will be reinvested into ecosystem development, used for future point incentives, referral rebates, and airdrop programs.

“We believe that true DeFi should not replicate the centralized experience, but allow users to trade freely under fair rules,” said Tony.

TurboFlow's long-term strategy

In the long-term future development plan, TurboFlow aims to become a PerpDEX focusing on retail investors, and will also become a complete derivatives ecosystem centered around retail traders.

The team revealed that in addition to perpetual contract products, TurboFlow will also launch on-chain data analysis tools, trading strategy sharing modules and community market maker incentive programs to promote the platform's evolution into an "on-chain Robinhood."

At the same time, TurboFlow will continue to expand its cooperation globally. In the future, it will successively announce strategic collaborations with various leading institutions, as well as technical docking with multiple transaction aggregators and on-chain clearing service providers, to further improve ecological connectivity.

About TurboFlow

TurboFlow is a PerpDEX dedicated to providing retail investors with the ultimate trading experience within a secure and transparent framework.

TurboFlow offers users a more flexible trading method, supporting up to 1000x leverage on some currencies. It also features a unique profit-sharing model with no commissions, available alongside traditional fee-based models, both maintaining the lowest fees in the industry. It also boasts a more user-friendly risk control system, with the lowest position maintenance margin rate in the industry, helping users achieve more controllable risk management in a high-leverage environment. Platform prices are derived from a weighted average of multiple exchanges to avoid market fluctuations in extreme conditions.

TurboFlow's vision is to become the most friendly and easy-to-use decentralized derivatives trading infrastructure for retail investors with lower barriers to entry, lower fees, more flexible and smoother trading experience.

Official website: https://turboflow.xyz

Official Twitter: https://x.com/TurboFlow_xyz

External Contact: contact@tf.xyz

Disclaimer: Trading in cryptocurrencies and their derivatives carries a high risk. Price fluctuations may result in financial losses. Please only trade if you fully understand the risks and have the appropriate risk tolerance.