Surf Protocol has officially upgraded to the TurboFlow on-chain Perptual Futures platform.

BlockBeats news, on October 27, the PerpDEX platform Surf Protocol announced today the completion of a comprehensive upgrade of its brand and system, officially launching the fully on-chain version TurboFlow. TurboFlow is a PerpDEX dedicated to providing an exceptional trading experience for retail investors under a secure and transparent framework. It offers more flexible trading methods, with some coins supporting up to 1000x leverage; it features a unique zero-fee profit-sharing model that runs in parallel with the traditional fee model, both maintaining the lowest industry rates; it has a more user-friendly risk management system, with the liquidation margin level being the lowest in the industry, helping users achieve more controllable risk management in a high-leverage environment; the platform's price is derived from a weighted average of multiple exchanges to avoid extreme market long wick candle. According to reports, TurboFlow is built on an independent Layer1 architecture, with all trading data and asset migrations being 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, with both the web and mobile versions now online. The original orders on the Surf platform will stop accepting new orders starting from November 3 (UTC+8), and all settlements and migrations will be completed by November 17 (UTC+8). TurboFlow founder Tony He is a co-founder of the Nasdaq-listed company Amber Group, possessing rich experience in financial derivation and the blockchain industry. Tony stated that the goal of TurboFlow is “to make transparency the underlying logic of the system, providing retail investors with a professional, smooth, and fair trading experience.”