TRON Ecosystem Enters a New Era of Decentralized Trading: SunPerp Launches Revolutionarily and Releases New Chinese Brand "孙悟空" (Sun Wukong)

Panama City - October 1 — At the globally watched TOKEN2049 Summit, SunPerp, the first decentralized perpetual contract exchange (Perp DEX) in the TRON ecosystem, officially announced its launch and unveiled its new Chinese brand "孙悟空" (Sun Wukong), becoming the first DEX in DeFi history to adopt a Chinese brand. With its unique hybrid architecture, high-speed trade matching capabilities, fully on-chain asset custody, and the industry's lowest trading fees, SunPerp aims to perfectly combine the smooth experience of centralized exchanges (CEX) with the asset sovereignty and transparency of decentralized finance (DeFi). This is not only a key step for the TRON ecosystem but also signals TRON's upgrade from a global leading "payment chain" to a powerful "trading chain."

Pioneering a New Era of Decentralized Finance: TRON Moves from "Payment Chain" to "Trading Chain"

Justin Sun, founder of TRON, advisor to Huobi HTX and SunPerp, stated in his speech that the TRON ecosystem holds a dominant position in the global USDT sector, with a massive capital and user base, providing SunPerp with a unique advantage for development. The birth of SunPerp aims to become the core infrastructure for derivatives in the TRON ecosystem, upgrading TRON from a "payment chain" focused on payment applications to a "trading chain" with deep financial attributes.

Justin Sun said: "Decentralization is the future of all financial products. We have already seen this irreversible trend: capital is flowing from centralized to decentralized platforms. Our goal is to stand on the shoulders of giants, learn from the pioneers, and build the most mature and revolutionary decentralized perpetual contract exchange, providing global users with a truly democratized financial tool."

SunPerp adopts a hybrid architecture of "on-chain fund settlement + off-chain high-speed matching," ensuring that user funds are fully managed by smart contracts, eliminating platform risk, while providing millisecond-level trading response for a user experience comparable to top CEXs. This means that all 8 billion people worldwide only need a Web3 wallet to participate in the global financial market anytime, safely, and freely.

During its public beta, SunPerp has attracted over 10,000 users, with a cumulative trading volume exceeding 900 million USDT, and plans to expand trading pairs to 100-200 in the coming weeks, offering users more trading opportunities.

Defining a New Standard for Perp DEX with Revolutionary Products and Experience

Justin Sun detailed several breakthrough products and services at the launch:

Fee Strategy: SunPerp promises the lowest fees in the industry and introduces a "zero Gas strategy," fully reimbursing users for Gas fees incurred during initial authorization, deposit, and withdrawal processes, significantly reducing user trading costs.

Privacy and Security: The platform adopts a unique "Dark Pool" preset privacy mode, not disclosing order books and position information, effectively preventing liquidity attacks and "targeted liquidation." In the future, an optional public feature will be provided to meet users' copy trading or compliance needs.

Professional Tools and Asset Coverage: In addition to the already launched low-latency API supporting high-frequency and quantitative trading, SunPerp is actively developing mobile applications and will integrate TWAP, Telegram Bot, as well as mainstream applications such as TokenPocket and OKX Wallet, providing users with a more comprehensive trading experience.

Asset Efficiency and Cross-Chain Opportunities: Perp trading is not limited by the "spot native chain," allowing SunPerp to bring trading opportunities from popular public chains such as Solana, BSC, or Ethereum to the TRON chain for efficient settlement.

Multi-Chain Expansion Plan: SunPerp will soon add support for multiple mainstream public chains, setting a new standard for multi-chain perpetual contracts. Specifically: on October 15 (UTC+8), it will first integrate Ethereum, BSC, and Arbitrum, achieving full interoperability of mainstream assets; on October 31 (UTC+8), it will integrate Solana, activating both EVM and non-EVM ecosystems for diversified trading scenarios; Polygon, Aptos, Sui, and other popular public chains will be gradually opened to cover a wider range of user needs.

Towards a Perpetual Future: Security, Value, and Ecosystem Synergy

The birth of SunPerp proves that centralized and decentralized platforms are not opposites, but rather complementary and symbiotic. Centralized platforms are the first gateway for new users to enter the crypto world, while decentralized platforms further ensure the safety and freedom of assets. The goal of this revolution is to provide a seamless experience, enabling more users to safely and freely transition from the centralized world to decentralized finance.

To realize this vision, SunPerp has created a unique token economic model that closely links platform growth with user value. The platform token SUN will play a core role, with 100% of platform revenue used to buy back and burn SUN. This economic model is designed to create strong value capture for the token. In the future, SUN will also be used for governance, fee discounts, and incentive distribution, forming a powerful value loop.

In addition to a strong economic model, SunPerp's commitment to users is also reflected in its relentless pursuit of security and ecosystem collaboration. The platform puts user asset security first and has launched an insurance fund to create a worry-free trading environment for users. This fund is a solid backing for user asset security, ensuring that even in extreme market volatility or system incidents, user rights are protected, demonstrating a firm commitment to user asset safety. In addition, the platform has established deep cooperation with top market makers, well-known wallet service providers, and community platforms to jointly build a prosperous ecosystem.

With the launch of SunPerp, the TRON ecosystem has been comprehensively strengthened and enhanced. From SunSwap, representing the cornerstone of trading, to SunPump, symbolizing crypto community culture, and now to SunPerp, activating the future of derivatives, TRON is building the world's most complete and open DeFi ecosystem.

Innovative Growth and Incentive Model: Empowering Users and Rewarding the Community

At the launch event, Justin Sun unveiled a series of powerful growth and incentive plans aimed at rapidly kickstarting the user ecosystem and enabling every participant to benefit. These incentive plans will be launched successively after TOKEN2049.

Stable returns of up to about 12%: The platform offers a unique "staking mining" entry, where users only need to deposit USDT to earn up to about 12% annualized yield on demand. This not only provides users with highly attractive stable returns, but also allows funds to be withdrawn at any time, greatly improving the capital utilization efficiency of the tens of billions of dollars in stablecoins within the TRON ecosystem.

Comprehensive points rewards: SunPerp encourages users to actively participate. All behaviors on the platform, including staking, trading, and market making, will earn points. These points will have multiple uses, can be traced back to the public beta period, and can be exchanged for platform tokens or other exclusive benefits in the future.

Rich community activities and rewards: The platform will continue to host a variety of community activities, such as trading competitions, market making incentives, and referral rebate mechanisms. Through the platform's diverse activities and products, every community member can gain tangible rewards in the development of the SunPerp ecosystem, jointly driving the wave of decentralized finance.

The New Chinese Brand "孙悟空" (Sun Wukong) Makes a Stunning Debut

The climax of this launch event was the official announcement of SunPerp's Chinese brand. When Justin Sun uttered the words "孙悟空" (Sun Wukong), the audience erupted in applause. As the world's first decentralized exchange to adopt a Chinese brand, "孙悟空" symbolizes the openness and inclusiveness of decentralized finance, represents the platform's fearless, disruptive, and enterprising spirit, and provides a brand symbol full of imagination and sentiment for global Chinese users. Through this initiative, "孙悟空" perfectly combines Chinese culture with global narrative, opening a new chapter in the branding development of DeFi.

About SunPerp

SunPerp is the first native decentralized perpetual contract trading platform in the TRON ecosystem, aiming to combine the smooth experience and security of centralized exchanges with the asset sovereignty of decentralized finance, creating a new generation of on-chain derivatives infrastructure. With the industry's lowest fees, 0 Gas trading, on-chain secure custody, high-performance matching, full-chain liquidity integration, and intelligent risk control mechanisms as its core advantages, the platform is committed to providing global users with fair, efficient, and free DeFi derivatives trading services.

As a strategic fulcrum for TRON to advance the evolution of on-chain financial systems, SunPerp is leading a profound financial paradigm shift, driving the crypto market towards true inclusiveness and openness.