What Is TurboFlow | An Asia-Born On-Chain Exchange Merging Perps and Prediction Markets

Table of Contents

TurboFlow is an Asia-born on-chain exchange that brings together, on a single screen, perpetual futures (perps) and short-term contracts that bet on whether a price will go up or down. There is no tradable token yet, and the project has just closed a Pantera-led seed round.

Points do accumulate, but they are not a confirmed distribution. When you use it, the main cost sits on the side of how quickly losses can lock in — through leverage of up to 1000x or the forfeiture of your stake.

👉 View the TurboFlow trading screen

What Is TurboFlow | Perps and Prediction Markets Integrated on One Screen

TurboFlow is an exchange that lets you handle perps and prediction markets (event contracts) on the same screen — a product rebuilt onto its own chain from the former Surf Protocol, a fully on-chain perpDEX.

Image: Screenshot of the TurboFlow official site (captured July 23, 2026)

ItemDetails
ChainIts own Layer-1 (Solana Virtual Machine-compatible). Deposits via Solana and BNB Chain
CategoryIntegration of a perpDEX and prediction markets (event contracts)
StageBeta live; no token issued (TGE timing undecided)
FundingPantera Capital-led seed (June 2026)

Deposits are made from Solana or BNB Chain in USDT or USDC. Positions can start from a minimum of $2, migration from the former Surf is one click, and gas costs are covered by the platform.

At the beta stage, the operator reports roughly 15,000 registered users. It also touts a large cumulative trading volume, but this is a self-reported figure that is hard to verify independently.

Fees Only When You Win | The Cost Structure of Three Products

TurboFlow has three trading products, and each charges cost in a different way. At the center is Turbo Perps, which takes a fee only on winning trades.

ProductHow fees are chargedMain cost / risk
Turbo PerpsProfit share on winning trades only (zero trading fee, zero spread)No fee when you lose. The cost concentrates in the loss from getting the direction wrong
Classic Perps0.02–0.08% of notional per side (open and close prepaid at entry) plus hourly fundingA fixed cost where fees and funding pile up the more you trade at high frequency and high leverage
Event ContractsNo explicit fee (baked into the return rate)Lose your entire stake (minimum $2) if your prediction is wrong

Turbo Perps has zero trading fee and zero spread; the operator takes a cut from your profit when you win. In the official example, a $500 profit yields a cut of about $50 (roughly 10.1% of the profit) — but that is an illustration, not a fixed rate.

Because losing trades carry no fee, the cost-side downside leans on the loss itself from getting the direction wrong.

Image: Screenshot of the TurboFlow market list (captured July 23, 2026)

Classic Perps prepays 0.02–0.08% (depending on the market) for both open and close each time you take a position, on top of hourly funding. The more you churn at high frequency and high leverage, the more surely this fixed cost piles up.

Note that VIP or volume-tiered discounts and deposit/withdrawal fees are not listed on the official pricing page. Funding is charged hourly and is adjusted to stay within a ±4% range.

Event Contracts | Short-Term Directional Contracts With No Liquidation

TurboFlow's distinctiveness lies in Event Contracts, which sit midway between perps and prediction markets. They are contracts where you call whether the price of BTC, ETH, or another asset will be Higher or Lower than it is now at expiry, over fixed cycles of 30 seconds to 1 hour.

Perps require ongoing management of margin, funding, and liquidation. Polymarket-style prediction markets take days to months for the outcome to resolve, which slows the turnover of capital.

Event contracts have no margin management, no funding, and no liquidation until expiry; a Return Rate is shown before you order, and once confirmed you are locked into that contract. You get a payout if you call it right and forfeit your stake if you miss — a form in which the maximum loss is fixed from the outset.

Image: Screenshot of the TurboFlow Event Contracts trading screen (captured July 23, 2026)

Underpinning this is its own execution layer — Solana Virtual Machine-compatible and claiming over 100,000 TPS — that runs everything from matching to settlement within a single chain.

On June 11, 2026, it integrated Chainlink's oracle, expanding from one-off contracts to rolling continuous markets and adding gold to the lineup. Placing the settlement price on a decentralized oracle network is aimed at reducing the risk of mis-settlement from a single data point.

The founder says prediction markets as a whole are its fastest-growing segment (the operator's own claim). Features such as isolated margin, oracle-based execution, and web/mobile support are the same standard equipment as other perpDEXs and are not the core of its differentiation.

👉 Check the return rate on event contracts

The Level of 1000x Leverage | The Distance From Hyperliquid

TurboFlow advertises up to 1000x leverage on some markets, but this is not standard equipment across the industry.

ItemTurboFlowHyperliquidKalshi / Polymarket
Flagship productPerps and event contracts on one screenperpDEXPrediction markets (binary, long-dated)
Max leverageUp to 1000x (select markets)Up to 40x on major marketsNo leverage
Settlement cycleShort cycles of 30 seconds to 1 hourPerpetual (held indefinitely)Days to months until the outcome resolves
Regional focusTargeting Asia (APAC)GlobalUS and Europe

Hyperliquid offers up to 40x on major markets, and even on Binance the cap for Bitcoin is 125x. At 1000x, the level is an order of magnitude above these, meaning a position can be wiped out with only a small adverse move against your margin.

Image: Screenshot of the TurboFlow Perps trading screen (captured July 23, 2026)

On the prediction-market side too, Kalshi and Polymarket are binary bets that take days to months to resolve — a completely different capital turnover from TurboFlow's short cycles. Whether it can be spoken of in the same breath as a specialized DEX like Lighter on order-book depth or execution quality is something the sparse public data leaves us without enough to judge at this point.

👉 Check the supported regions and points conditions

Team and Investors | A Pantera-Led Seed

Founder Tony He is a former Morgan Stanley derivatives trader who co-founded Amber Group. The same team rebuilt the former Surf Protocol into TurboFlow.

He frames his motivation as "opening up to individuals the best trading opportunities and infrastructure that have been reserved for institutions" and "becoming the bridge across the gap between Asian users and institutional-grade liquidity."

ItemDetails
FounderTony He (former Morgan Stanley derivatives trader / Amber Group co-founder)
Team30+ people, most based in Hong Kong
Lead investorPantera Capital
Participating investorsSusquehanna Crypto, DCG
Funding$6 million seed (announced June 22, 2026; SAFE plus token warrants)

The raise takes the form of a SAFE with token warrants attached, securing investors the right to acquire future tokens. The valuation is undisclosed.

The full revamp from the former Surf to TurboFlow was announced on October 27, 2025, followed by Pantera's seed in June the next year and then the Chainlink integration.

Lead investor Pantera, in its investment thesis (published June 30, 2026), praises TurboFlow's Asia-focused localization. Its read is that the team closest to the assets and markets users actually want to trade will win the next-generation exchange (Pantera's view).

Our Editorial Assessment | The Asymmetry Between Reward Hopes and Trading Losses

TurboFlow's costs bite asymmetrically depending on direction. Fees are taken only when you win, while on the loss side, 1000x leverage and stake forfeiture lock in losses fast.

A fee-friendly design and the fast pain when you lose are two things to look at separately.

The scale figures, too, can't be read at face value. The operator reports cumulative trading volume of about $19.1 billion, but the current on-chain assets under custody (TVL) shown by a third party stood at about $1.53 million as of June 11, 2026 — orders of magnitude apart.

That's because cumulative trading volume inflates easily with high-turnover short-term contracts and is a different metric from the capital actually locked up right now.

On points, too, the docs explicitly state they "do not guarantee cash, tokens, or future benefits." It is not a confirmed distribution — only a stated policy of reinvesting part of revenue into future points, referral rewards, and airdrops.

Even so, there are reasons to try it early: the backing of a Pantera-led round, warrants on future tokens, and a low entry point of just $2. The differentiating core of Asia-focused localization also comes into view — paired, though, with the thinness of public data showing actual adoption.

How to Start | Steps to Try It From Just $2

If you start by checking how it behaves with a small amount, you keep both losses and the learning cost small.

  1. Prepare USDT or USDC in a wallet that supports Solana or BNB Chain.
  2. Go to the official app at tf.xyz and connect your wallet (web and mobile supported).
  3. Deposit USDT/USDC via Solana or BNB Chain (positions start from a minimum of $2).
  4. Trade with Classic/Turbo Perps or event contracts and accumulate points.
  5. Share your referral link or code and aim for the top of the leaderboard.

👉 Check the latest fees and eligible regions, then get started

Summary

A design where fees apply only when you win looks attractive, but what actually bites on TurboFlow is the speed of losses from 1000x leverage and stake forfeiture. With both the token and the points still unconfirmed, the material for a decision right now concentrates in the range of trying it with a small amount to check how it behaves.

Sources

  1. PR Newswire (2026) — https://www.prnewswire.com/news-releases/turboflow-raises-6-million-seed-led-by-pantera-capital-to-bring-institutional-trading-infrastructure-to-everyday-users-302806950.html

  2. The Block (2026) — https://www.theblock.co/post/405706/turboflow-funding-crypto-pantera-capital

  3. Cryptopolitan (2026) — https://www.cryptopolitan.com/turboflow-raises-6m-from-pantera-to-build-asias-on-chain-prediction-market-hub/

  4. Odaily (2025) — https://www.odaily.news/en/post/5207097

  5. Crypto Briefing (2026) — https://cryptobriefing.com/turboflow-chainlink-prediction-markets/

  6. Pantera Capital (2026) — https://panteracapital.com/investing-in-turboflow/

  7. TurboFlow Docs — Fee Schedule / Event Contracts / Execution Layer — https://turboflow.gitbook.io/whitepaper

  8. TurboFlow official site — https://www.tf.xyz/

Disclaimer

  • This article is created for informational purposes only and should not be used to solicit the sale, purchase, or underwriting of cryptocurrencies, securities, or other financial products, nor should it be considered an invitation to engage in such transactions, or constitute financial or investment advice.
  • The information and opinions in this article are obtained from sources that we believe to be reliable, but we do not guarantee their accuracy, completeness, suitability, timeliness, or truthfulness.
  • We, the authors, and all related parties are not responsible for any damage or loss caused by or related to the information published in this article. Cryptocurrencies involve hacking and other risks, so please conduct thorough research before using them.

Supervised by

Shingo Arai

Shingo Arai

CEO, Rokubunnoni Inc.

After completing a Master's degree in Management Engineering at Tokyo University of Science in 2013, Shingo Arai worked as an engineer, data scientist, and data analyst at multiple companies in the web, app, and advertising industries. He entered the cryptocurrency and blockchain space around 2017, founded Rokubunnoni Inc. in January 2018, and launched Crypto Times — a blockchain-focused media outlet — in February 2018. With approximately 9 years in the industry, his expertise spans DeFi, L1/L2 protocols, tokenomics, ZKP, and domestic/international regulatory trends. He actively conducts on-chain asset management and research. He has authored and supervised hundreds of articles, spoken at conferences in Japan and abroad, served as a DeFi investment seminar instructor, and operated KOL ambassador programs.

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