TurboDex Protocol Whitepaper
  • 📖Abstract
  • 🏦Introduction - The Problem
  • 🏔️TurboDex - The Solution
  • 👥Users
    • Retail Users
    • Automated Traders
    • DeFi Natives
    • Multiple UI Approach
  • 🗺️Product Roadmap
    • 🔨Example Use Cases
      • Basis Trade vs Interest Rate Arbitrage
      • Integrating AMMs w/Orderbooks
    • 🚀Future R+D - MVP and Beyond
  • ⚖️Governance
  • 🪙Tokenomics
    • xTDX/voTDX
  • Conclusion
  • 🔍Appendix (Health🏥)
  • 🌎Community (links)
  • 🏔️About
  • ❓FAQs
    • What do I need to start trading on TurboDEX?
    • Do I control my assets?
    • What can I do on TurboDEX?
    • Are my assets safe?
    • What deposits/collateral does TurboDEX accept?
    • How do I (automatically) earn interest after depositing assets?
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TurboDex - The Solution

Making Decentralized trading useful and accessible for all

☑️ Cross-Margined Trading for Spot and Derivatives: Enabling users to engage in cross-margined trading for both spot and derivatives markets.

☑️ High-Speed Orderbook: Providing an exceptionally fast and responsive orderbook for efficient trading.

☑️ Lending and Borrowing: Offering lending and borrowing options within an integrated money market for users seeking yield or leverage.

☑️ Robust Risk Management: Implementing a resilient risk engine to optimize capital efficiency and ensure effective risk management.

☑️ User-Friendly UI/UX: Creating a user interface and experience that caters to the preferences of both Web3 and Web2 users.

☑️ Crypto-to-Fiat Conversion: Facilitating easy and rapid conversion between cryptocurrencies and fiat currencies.

☑️ Efficient Bridging Solutions: Incorporating fast and efficient native bridging solutions to connect various blockchain ecosystems.

☑️ Competitive Fees: Maintaining industry-leading fee structures to enhance the overall value proposition for users.

☑️ Complete Self-Custody: Ensuring users have complete and absolute control over the custody of their funds for maximum security.

In simple terms:

TurboDex is poised to deliver the most efficient and seamless decentralized trading experience, leaving no room for compromise. This achievement is the result of meticulous engineering and design decisions, which include:

  1. Blockchain Selection: TurboDex has opted for Ethereum, a dominant blockchain in terms of Total Value Locked (TVL). This choice provides the necessary throughput and cost-effectiveness in gas fees for a DEX that caters to the entire DeFi user base, while also benefiting from the security and liquidity of the Ethereum network.

  2. Smart Contracts: TurboDex's smart contracts are designed for efficiency, seamlessly connecting spot, perpetual, and money markets to optimize liquidity and trading opportunities.

  3. Frontend Optimization: Multiple user interfaces, such as TurboDex Lite and TurboDex Pro, have been developed to accommodate traders of varying experience levels and objectives.

  4. TurboDex SDK: An excellent Software Development Kit (SDK) has been created to facilitate integrations by community developers and enhance composability with other decentralized applications (dApps).

  5. Tokenomics: TurboDex's future tokenomics have been carefully designed to ensure a strong alignment of incentives and governance rights, fostering a robust ecosystem.

  6. Integrated UX: TurboDex will provide a streamlined bridging and on/off-ramp experience directly within the dApp, enabling users to swiftly move their assets in and out.

  7. Connection Options: TurboDex offers various social login options alongside common wallet connections, ensuring a familiar onboarding experience for both Web3 and Web2 users. Importantly, all these options maintain a non-custodial approach, prioritizing user control and security.

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Last updated 8 months ago

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