Turtle bets liquidity not vanity will rule crypto with new leaderboard system
Turtle has introduced a new framework designed to measure and reward one of the scarcest assets in digital finance, onchain liquidity.
The company announced the launch of the Turtle Liquidity Leaderboard, which ranks participants by verified deposits, user distribution, and engagement multipliers, creating a standardized scoreboard for protocols and liquidity providers.
The launch comes at a time when market depth has weakened across digital assets. Kaiko reported that liquidity for the top 50 altcoins by market depth fell about 30% in the first quarter of 2025, reflecting both declining market-making incentives and concentration in fewer assets. With protocols competing for durable liquidity, Turtle’s system reframes how capital…
