#turboflow

➤ Hong Kong-based TurboFlow has secured $6 million in seed funding led by Pantera Capital to expand its prediction markets and perpetual futures platform across Asia. ➤ The platform has attracted over 15,000 beta users and processed $19 billion in trading volume, aiming to bridge the gap in institutional-grade liquidity for Asian users. ➤ The funding will accelerate product development, strengthen liquidity, and support user growth, with a focus on a compliant, market-by-market regulatory approach in APAC.

➤ TurboFlow has integrated Chainlink oracles to power continuous prediction markets for gold, Bitcoin, and Ethereum, offering up to 1,000x leverage on short-duration contracts. ➤ The platform utilizes Chainlink's decentralized oracle network for reliable, real-time price feeds crucial for 30-second market settlements, aiming to expand beyond crypto-native assets to traditional ones like gold. ➤ While the high leverage and profit-only fee model are attractive, the article highlights significant risks for retail investors and notes the platform's modest current Total Value Locked (TVL).

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