🔥 The data surge is real and #SunPerp is at the eye of the storm.Where others trade, we make history. 🌊SunPerp (@SunPerp_DEX):🚀Day5:Data storm sweeps across – SunPerp leads the new trading wave!Join 20,000+ users writing the legend!🚀 https://t.co/0jRlLFzZhp ...

Group 1 - TRON was the title sponsor of the TOKEN2049 conference held in Singapore on October 1-2, 2025, showcasing its role as a catalyst for blockchain adoption in the growing Asian digital economy [1][3] - The conference gathered over 300 participants for a special event titled "Web3 Cyber Night By Cyber Charge," allowing attendees to interact and learn about TRON's ecosystem [3] - TRON's founder, Justin Sun, participated in a humorous roundtable discussion and delivered a keynote speech highlighting TRON's milestones and the launch of its decentralized perpetual contract trading platform, SunPerp [3][4] Group 2 - Sam Elfarra, a spokesperson for TRON, presented a keynote speech on the latest ecosystem integrations and community-driven innovations at the TOKEN2049 conference [4] - The conference concluded with an official afterparty co-hosted by TRON and HTX DAO, attracting over 2,500 guests from the global blockchain industry for extensive networking opportunities [4]

Since its launch on Sept 19, SunPerp(@SunPerp_DEX) has surpassed $1.35B in total trading volume, with 14,315 users onboarded.https://t.co/gpRuO1q6cZ https://t.co/I14CzcyTJ3 ...

Decentralized Finance (DeFi) Landscape - The DeFi sector is witnessing competition for dominance between platforms like Hyperliquid and Aster [1] - Justin Sun, the founder of Tron, has introduced SunPerp, a decentralized perpetual contracts exchange [1] New Platform Launch - SunPerp is a decentralized exchange focused on perpetual contracts [1]

Core Insights - The first decentralized perpetual contract exchange in the TRON ecosystem, SunPerp, was announced to launch at TOKEN2049, introducing a new Chinese brand "Sun Wukong" [1] - SunPerp utilizes a hybrid architecture of "on-chain fund settlement + off-chain high-speed matching" [1] - During the public testing phase, SunPerp attracted over 10,000 users and achieved a cumulative trading volume exceeding 900 million USDT [1] - The platform plans to expand to 100-200 trading pairs and will integrate with major public chains such as Ethereum, BSC, Arbitrum, and Solana in mid to late October [1]

Core Insights - Justin Sun's HTX has launched SunPerp, a decentralized perpetual exchange, to compete with existing platforms like Binance's Aster and Hyperliquid [1][6] - The launch of SunPerp represents a strategic expansion of the TRON ecosystem, addressing the need for native on-chain derivatives trading [1][3] Launch Details - SunPerp officially launched on October 1 during the Token 2049 event after a public beta phase that began on September 19 [2] - By September 21, SunPerp had onboarded over 3,000 users, with daily trading volumes reaching $30 million by Day 6 of the beta [2] Technical Features - Built on the TRON blockchain, SunPerp benefits from low network costs, high throughput (up to 2,000 TPS), and a significant share of USDT circulation (over 50% of the global supply) [3] - The platform offers up to 20x leverage in both cross and isolated margin settings, supporting over 31 trading pairs, including popular memecoins and blue-chip assets like Bitcoin [3] Market Context - Decentralized perpetual exchanges (perp DEXs) have seen significant growth, capturing a larger share of the cryptocurrency derivatives market, with expectations to account for 25% of the market share by 2025 [4][6] - Centralized exchanges like Binance and OKX still dominate the market, with Binance recording $50 billion in daily derivative volumes and OKX at $30 billion [7]

Launch Event & Future Plans - SunPerp launch event concluded, marking the beginning of a new journey [1] - The launch event's success is attributed to the collective participation of attendees and online supporters [1] Acknowledgement - SunPerp expresses gratitude to all participants for their support [1] - The success of the launch is shared with the entire community [1]

Listing & Trading - SunPerp 上线 $SUNDOG [1] - 交易者可以使用高达 20 倍的杠杆进行 $SUNDOG 的多头或空头交易 [2] - 行业领先的低费用 [2] Platform Benefits - SunPerp 旨在提供更大的交易自由度和潜力 [2]

Core Insights - SUN Token (SUN) has surged following Justin Sun's announcement that revenue from a new perpetual exchange, SunPerp, will be used for token buybacks, raising questions about its ability to maintain momentum above $0.3 and reach new cycle highs [1][2] Trading Performance - SUN traded between $0.034 and $0.035 recently, with a 24-hour trading volume of approximately $950 million and a market capitalization of around $656 million, marking a gain of over +22% [2] - The trading session's range extended from $0.0258 to $0.0412, indicating significant volatility and interest in the token [2] SunPerp Launch - The launch of SunPerp, a TRON-based perpetuals DEX, has been highlighted for offering the lowest trading fees in the market and a revenue-to-buyback model, which ties token demand directly to trading activity [2] - SunPerp will allocate 100% of its protocol income to buybacks, aimed at reducing circulating supply and reinforcing value within the SUN.io ecosystem [3] Liquidation and Volatility - Recent data indicates a sharp wave of liquidations for SUN, with over $1.5 million in liquidations occurring as the token surpassed the $0.03 mark, leading to a series of short squeezes and long wipeouts [4] - The $0.03 level is identified as a crucial indicator for maintaining momentum or reversing recent gains, amidst increasing volatility in SUN [5] Total Value Locked (TVL) - As of September 22, SUN's total value locked (TVL) stands at $986.5 million, significantly below its peak of $2.5 billion in 2021-2022 but above the 2023 low of under $500 million [5] - Despite lower market activity compared to previous highs, the TVL has remained stable around the $1 billion mark over the past year, indicating a consistent user base [6]

Event Information - SunPerp 将于 9 月 19 日 22:00 (UTC+8) 举办 Spaces 活动 [1] - Justin Sun 和 SunPerp 将参与此次 Spaces 活动 [1] Participants - 参与者包括 @justinsuntron, @HTX_Molly, @BenTodar, @Samvioo, @wsjack_eth, @DexCheck_io, @esatoshiclub, @SUNDOG_TRX [1] Platform - 该活动将在 Twitter Spaces 上进行 [1]