TRON’s SunPerp Platform Logs Early Traction as Multi-Chain Strategy Takes Shape
TRON founder Justin Sun disclosed operational metrics for SunPerp during TOKEN2049, revealing user acquisition and volume figures from the perpetual decentralized exchange’s public beta phase.
The platform’s roadmap includes integration with multiple blockchain networks as part of a broader liquidity expansion strategy. Sun reiterated the protocol’s emphasis on non-custodial infrastructure, positioning decentralized financial services as a structural alternative to intermediated platforms.
SunPerp Beta Phase Metrics Show Initial User EngagementSunPerp’s public testing phase, which commenced in late September, has recorded measurable adoption within the TRON ecosystem. Platform data indicates the perpetual DEX reached over 7,000 registered users during its first ten days of operation, with cumulative trading volume approaching $20 million in USDT-denominated contracts.
Total value locked across the protocol’s liquidity pools has been reported at approximately $24 million.
The platform operates within a competitive segment of decentralized derivatives markets, where established protocols command significantly larger market shares. Industry data from DeFiLlama shows Hyperliquid controlling roughly 31% of 24-hour perpetual trading volumes across decentralized platforms.
SunPerp’s positioning within TRON’s native stablecoin infrastructure—the network hosts substantial USDT circulation—represents a strategic advantage in attracting users already transacting within that ecosystem.
Sun announced during TOKEN2049 that early participants in the beta phase would receive retroactive recognition for trading activity. The protocol has implemented fee structures designed to compete with existing platforms, though specific rate comparisons were not disclosed in the public presentation.
The platform’s architecture utilizes automated deleveraging mechanisms and claims sub-second trade execution speeds.
The next chapter of DeFi begins now with the launch of @SunPerp_DEX!☀️
I’ll be speaking at 1PM SGT — see you there! https://t.co/96Q5I0Oy2V