Turbos Finance (TURBOS) Approaches $100 Million in Cumulative Trading Volume for LBTC-WBTC Liquidity Pool – Annual Yield at 33.5%

# LBTC-WBTC Liquidity Pool on Turbos Finance Sees Rapid Growth The liquidity pool for LBTC-WBTC on Turbos Finance, a decentralized exchange (DEX) operating on the Sui (SUI) network, is witnessing fast-paced growth. LBTC, a liquified staking token for Bitcoin created by Lombard, can now be supplied for liquidity on Turbos Finance. In return, users can earn various rewards including TURBOS tokens, DEEP tokens, Babylon Points, and Lombard Lux points. # LBTC-WBTC Pool Records APR of 34.55% As of March 12, 2025, the annual percentage rate (APR) for the LBTC-WBTC pool stands at 34.55%. Turbos Finance supports liquidity provision through the LBTC and WBTC pair, enabling liquidity providers to gain rewards along with transaction fees. Especially notable is that LBTC allows Bitcoin holders to stake and mint LBTC on the Lombard platform, capitalizing on additional earning opportunities within the decentralized finance (DeFi) ecosystem. Users holding LBTC can provide liquidity to the LBTC-WBTC pool on Turbos Finance to earn rewards. # Lombard LBTC Offers Triple Rewards LBTC holders are not limited to merely supplying liquidity. By staking BTC on Lombard to issue LBTC, they can also earn additional Babylon Points and Lombard Lux points. This approach maximizes Bitcoin utilization and offers users more revenue-generating opportunities. Turbos Finance has established itself as a leading DEX within the Sui network, managing features such as concentrated liquidity market making (CLMM), meme coin pair launches, and initial DEX offering (IDO) services. Currently, it boasts over 2 million active addresses, with cumulative trading volume surpassing $5 billion. A representative from Turbos Finance commented, “Through the operation of the LBTC liquidity pool, we aim to enhance Bitcoin utility and encourage greater user participation in the DeFi ecosystem within the Sui network.”