T

Turtle

TURTLE

A non-custodial on-chain liquidity incentive distribution protocol

Performances

RD Popularity Index

31
0100200300400500
Project Rank: 2311/15432

RD Growth Index

3800.59% (24h)
0400800120016002000
Project Rank: 974/15432
Comparison:
1h24h7d30d60d90d
0.69%0.24%13.96%6.79%10.98%10.44%

Comparison

Tokenomics

Unlock Progress

Unlocked246M TURTLE(24.61%)
Locked460M TURTLE(46.08%)
Untracked293M TURTLE(29.3%)

Top Holders

AddressTokenQuantityPercentageValue
0xc274...a60eTURTLE747,809,701,452,551.0174.78%$27.9T
0x4ce0...836aTURTLE29,148,464,959,074.742.91%$1.08T
0x7949...e652TURTLE21,886,029,070,622.032.19%$816.56B

Follow Updates

Follow Lists

People

About Turtle

Turtle is a non-custodial liquidity distribution protocol. Users deposit assets directly into partner DeFi protocols through Turtle's campaigns, while Turtle tracks positions via API and distributes additional rewards (including TURTLE tokens) on top of the base yield. It does not hold user funds.

The core value proposition is solving liquidity fragmentation in DeFi. Instead of manually managing positions across multiple protocols, users get a unified entry point to curated yield opportunities and an extra incentive layer. For partner protocols, Turtle acts as a capital coordination layer to attract targeted liquidity.

Market pain points addressed: (1) Liquidity is scattered across chains and protocols, making discovery and management inefficient; (2) Incentive programs often attract mercenary capital that leaves quickly; Turtle's snapshot-based leaderboard rewards sustained participation.

Development in the past six months (2026-03 to 2026-09): In July 2026, Turtle acquired Lunar Strategy, a Web3 growth agency, expanding into growth and community-building services. In June 2026, it launched the Huma PST Vault, giving LPs exposure to Huma's PayFi Strategy Token with looped positions. It also ran a Vault Founder Cohort with Lunar Strategy, a free 4-week program for DeFi founders. The platform reported 358,000+ connected wallets and $6M+ routed revenue as of October 2025.

Updated: Sep 4, 2026

Turtle was founded in 2024 and launched in March of the same year as an on-chain liquidity distribution protocol, coordinating capital and protocols through a data-driven layer. In May 2025, it completed a $6.2 million seed round led by THEIA, with participation from SIG, Consensys, Laser Digital, etc., activating over $2.3 billion in liquidity. In September 2025, the TURTLE token was issued, and in October its tokenomics were announced: total supply 1 billion, with 13.9% allocated for airdrops. That same month, it closed a $5.5 million strategic round with GSR participating, bringing total funding to $11.7 million. It then gained Binance ecosystem support: HODLer airdrop on Oct 21, Binance Alpha listing on Oct 22, and spot and multiple trading services on Oct 23; MEXC also listed TURTLE spot, futures, and leverage trading. These events made Turtle one of Web3's largest liquidity hubs, connecting over 358,000 wallets and coordinating over $5.5 billion in liquidity.

Updated: Sep 2, 2026

Positive: In July 2026, Turtle acquired crypto marketing agency Lunar Strategy, combining liquidity routing with audience growth to provide end-to-end support from narrative to funding for on-chain projects. Turtle has routed over $5.5B in liquidity, with 430K+ registered LPs and 100+ campaigns, including $84.5M for Avalanche. These developments boost token demand.

Negative: No major negative factors.

Updated: Sep 12, 2026

Co-founders & core executives:

Co-founders:

  • Esfandiar Lagevardi: Co-founder & CEO ().
  • Nick Thoma: Co-founder & CTO; ex-ParaFi Capital software engineer (2021–2024), senior software engineer at Brain Corp, NASA Pathways intern; B.S. Computer Engineering, UW-Madison; runs Thoma Technologies, advises Thala Labs, created Ovrlook ().
  • Benedikt Schulz: Co-founder & President; German entrepreneur, founded insoro, CMO at QUIN Technologies, former investment manager at tokentus investment AG ().

Core executives:

  • Waseem S.: COO
  • Austin Gongora: Head of Distribution
  • Sebastian Aristizabal: VP of Operations & Strategic Initiatives
  • Duncan: Head of Product
  • Pedro Verdades: Head of Marketing ()
Updated: Sep 2, 2026