tl;dr
TRON's founder Justin Sun launches SunPerp, a decentralized perpetual exchange, positioning TRON to become a 'trading chain' by filling a critical gap in its ecosystem. With low fees, innovative rewards, and expansion plans, SunPerp aims to rival centralized exchanges and redefine on-chain trading.
**SunPerp Launches: TRON’s Bold Move to Become a “Trading Chain”**
In a pivotal moment for the TRON ecosystem, founder Justin Sun unveiled SunPerp, a decentralized perpetual exchange (Perp DEX), during a live event on September 19. Co-hosted by HTX Live, TRON, and SunPerp, the livestream, themed “The boundless imagination of the next generation of DEX,” marked a strategic leap for TRON to transition from a “transfer chain” to a “trading chain.”
### Why SunPerp Matters: Filling a Critical Gap
For years, TRON has dominated the stablecoin space, boasting the largest USDT circulation. Yet, it lacked a native perpetual futures platform—a gap Justin Sun called “essential” for ecosystem growth. SunPerp aims to fill this void, catering to TRON’s daily millions of users and unlocking the potential of stablecoins in derivatives trading.
Sun emphasized that perpetual futures are poised to outpace spot trading due to their liquidity, capital efficiency, and flexibility. With TRON’s robust stablecoin infrastructure, SunPerp is positioned to tap into a ready-made liquidity pool. “Even 1% of TRON’s users switching to SunPerp could rival a second-tier centralized exchange,” he said, projecting massive growth.
### A “Build First, Scale Next” Approach
SunPerp is in its early beta phase, already attracting over 1,000 users in just three days. The team is prioritizing product refinement, focusing on seamless trading, market depth, and asset coverage. “We’re perfecting the core trading loop first,” Sun explained, comparing it to the relationship between “1” and “0”—only by nailing the basics can the rest of the ecosystem thrive.
No airdrops or leaderboards yet, but future incentives like referral bonuses, points systems, and “Deposit for Cash Rewards” campaigns are in the pipeline. Users will also benefit from two mining models: “Deposit to Earn” (up to 12% APY) and “Trade to Earn” (rewarded with $SUN tokens).
### Industry-Low Fees and CEX-Level Experience
SunPerp is betting big on affordability. “It’s like the Temu of DEXs,” Sun said, highlighting its ultra-low futures trading fees. The platform will also return gas fees through deposit campaigns and integrate features like copy-trading.
To match centralized exchanges (CEXs) in user experience, SunPerp employs zero-knowledge proofs (ZK) for privacy, lets users opt-in to display positions, and implements rigorous security measures. A dedicated insurance fund and compensation mechanisms aim to eliminate risks like price manipulation and forced liquidations.
### Expanding Beyond TRON
While SunPerp is initially TRON-native, plans include expanding to Ethereum and BSC. Collaborating with HTX, the platform will complement centralized trading, creating a “one-two punch” for users.
### A Mature Vision for TRON’s Future
SunPerp reflects a more strategic, long-term approach compared to Sun’s early ventures. “Every project now is the result of thoughtful planning,” he noted, contrasting his current method with the “move-fast” ethos of the past. Yet, his passion for crypto remains unchanged.
As Sun prepares to unveil more updates at TOKEN2049 in October, one thing is clear: SunPerp isn’t just another DEX. It’s a bet on TRON’s evolution into a trading powerhouse—and a testament to Sun’s belief in the future of decentralized finance.
Will SunPerp redefine what’s possible for on-chain trading? The next chapter begins with a single, bold step.