Is Turbos Finance Safe?
Risk Grade: B (26/100)
Turbos Finance is rated as moderate risk — some novel mechanisms, generally well-understood.
Lower risk — functional exchange, but concentrated liquidity on a young blockchain amplifies crash exposure and bot exploitation
A decentralized exchange on the Sui blockchain offering concentrated liquidity trading and automated position management. It holds $50M in deposits with $3.75M in funding. Its B- grade reflects the risk that all liquidity can simultaneously go offline during a price crash, plus a past security incident that required Sui validators to freeze user assets.
TVL
$5M
Mechanisms
6
Interactions
5
Value Grade
C-
Key Risks for Turbos Finance Users
During a sharp SUI price drop, all trading liquidity can disappear at once -- the exchange becomes unusable exactly when you need to sell most
Automated trading bots steal fees from regular liquidity providers, making it unprofitable to deposit unless you run your own bot
A past security incident required the Sui blockchain itself to freeze assets, proving your funds are not truly in your control
Top Risk Factors
- •Concentrated liquidity positions face extreme impermanent loss during rapid price movements, with all positions potentially going out-of-range simultaneously
- •JIT liquidity attacks systematically extract fees from passive LPs, eroding the economic viability of providing liquidity on Turbos
- •Security incident requiring Sui validator intervention (asset freezing) contradicted decentralization principles and highlighted chain-level dependency risks
Risk Score Breakdown
Turbos Finance's highest risk area is Vitality Risk (9/10). Here's how each dimension contributes to the overall 26/100 score:
Read the Full Turbos Finance Risk Report
This protocol has 2 collapse scenarios. 2 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
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