Turtle (turtle)

Turtle (turtle) is an innovative decentralized finance (DeFi) protocol launched in 2024 to tackle challenges in liquidity provisioning within the Web3 ecosystem. With a total value locked (TVL) exceeding $511 million and approximately 342,000 wallets connected, Turtle aims to enhance user experience and incentivization through its liquidity solutions. The protocol is designed to provide a streamlined approach to earning yield, enriched by mechanisms that allow liquidity providers to access boosted rewards.

A key feature of Turtle includes its partnership offerings, which enable external protocols and projects to submit opportunities for boosted incentives, thereby maximizing engagement within its expansive user network. The platform supports an active campaign model, with $818.09 million in campaign TVL and various active campaigns facilitating user participation and DeFi activity. By fostering a collaborative environment, Turtle enhances liquidity options and integrates risk management into its incentive structures, ensuring a robust ecosystem for all participants.

Additionally, Turtle allows liquidity providers to deposit their assets and earn rewards from diverse activities across emerging ecosystems. The Turtle Earn platform is also designed to monetize web3 audiences by enabling partners to share selected deals through various integration methods, such as Widgets, APIs, or SDKs. This creates opportunities for businesses to enhance user loyalty by providing premium, risk-screened yield, further solidifying Turtle’s position in the competitive DeFi landscape.