Turbos Finance, a decentralized exchange (DEX) built on the new Live Layer 1 Sui blockchain, is now offering smart routing for stablecoin swaps on the network and setting up multiple liquidity pools of the USDC flavor.
The launch will allow clients to seamlessly trade any variant of the bridged USDC assets encircled by the Wormhole Bridge against native Sui assets, the company said in a press release.
Currently, users need to mount their USDC on the source’s network to access the stablecoin on Sui. Wrapped tokens are used to move assets across a bridge between blockchains that are incompatible with each other.
Turbos offers an intelligent routing system on Sui to offer multiple liquidity pools in USDC variants, the press release states. “This advance unlocks the untapped potential of all USDC variants on Sui, regardless of their network of origin,” the press release reads.
Sui, the Aptos rival, is valued at $2 billion and was founded by former Meta Platforms (META) employees. Sui has more than 200 projects in its directory and another 100 or so projects vying to build on its network.
According to DeFiLlama, Turbos is the second largest DEX based on Sui.
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