Turtle has introduced a new framework to measure and reward onchain liquidity, one of digital finance’s scarcest assets. The Turtle Liquidity Leaderboard ranks participants based on verified deposits, user distribution, and engagement multipliers. This launch addresses declining market depth and aims to refocus the industry on tangible capital commitments rather than vanity metrics.
- Uses three measurable categories: Liquidity Score (time-weighted deposits), Distribution Score (referral-based liquidity), and Boosts (identity/activity multipliers)
- Addresses a 30% decline in altcoin liquidity reported by Kaiko in Q1 2025, reflecting weaker market-making incentives
- Built by a company that has mobilized over $4 billion across 300,000+ wallets and recently secured a $6.2 million seed round
📎 Related coverage from: cryptoslate.com
