Sui yield farming that compounds itself

Pick a farm, deposit once, and JewelSwap harvests the rewards and reinvests them for you. Choose 1x liquidity farms on Turbos or leveraged lending farms on Scallop.

No manual claiming1x and 2.86x farms
Turbos USDT-USDC farm
APR
Live in app
Leverage
1x
Pair typeStablecoin / stablecoin
CompoundingOnce a day
Performance fee15% of harvested rewards
Liquidation riskNone, no borrowing

Two kinds of farm

Turbos liquidity farms, 1x

Deposit a farm token and the vault provides liquidity on Turbos Finance, a concentrated-liquidity DEX. Once a day it harvests rewards, swaps them into the pool's two tokens and adds them back. Farms include USDT-USDC, SUI-USDC and NS-SUI. What is Turbos Finance?

Scallop lending farms, 2.86x

Deposit collateral and the farm borrows and lends on Scallop, earning supply yield plus borrow incentives boosted by JewelSwap's veSCA. Pairs: suiUSDT-USDC and sbwBTC-zwBTC. See Scallop farms

Side by side

Where the position livesTurbos pool / Scallop lending market
Leverage1x / 2.86x
CompoundingOnce a day / every four hours
Main riskImpermanent loss / borrow rate and liquidation

Risks

  • Impermanent loss on any Turbos pair that holds two different assets, such as SUI-USDC or NS-SUI.
  • Borrow-rate, incentive and liquidation risk on the leveraged Scallop farms.
  • Protocol dependency. Positions live in Turbos pools or Scallop markets and depend on those contracts.
  • Swap slippage when rewards are converted back into pool tokens.

Questions

What is the difference between the Turbos and Scallop farms?

Turbos farms provide liquidity on a DEX at 1x, with no borrowing and no liquidation risk, but pairs of different assets carry impermanent loss. Scallop farms borrow and lend at 2.86x on a lending market, which removes most price exposure but adds borrow-rate and liquidation risk.

How often do the farms compound?

Turbos farms harvest, swap and re-add liquidity once a day. Scallop farms compound every four hours.

What fee do the Turbos farms charge?

A 15% performance fee on harvested rewards, taken before compounding. The other 85% is reinvested for you.