From Platform to Ecosystem, SunPerp Upgrades to SunX: Justin Sun Explains the "Long-termism" and Global Expansion of the DEX
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From Platform to Ecosystem, SunPerp Upgrades to SunX: Justin Sun Explains the "Long-termism" and Global Expansion of the DEX
This upgrade marks SunX's transition from a single trading platform to a self-circulating, self-evolving decentralized ecosystem hub.
Navigating Web3 tides with focused insights
On November 20, the SunPerp brand upgrade launch event was grandly held via Huobi's live broadcast. SunPerp and Huobi HTX global advisor Justin Sun attended the event and officially announced that SunPerp has upgraded its brand to SunX (sunx.io).
This upgrade marks SunX’s leap from a single trading platform to a self-circulating, self-evolving decentralized ecosystem hub. At the same time, to celebrate the brand renewal, SunX announced its "First-Ever Trading Mining" campaign with a total prize pool of up to 1.35 million USDT, offering ultra-high fee rebates to reward users worldwide.
Brand Evolution: From Platform to Ecosystem, “X” Defines Infinite Futures
At the launch event, Justin Sun pointed out that DEXs are gradually becoming the dominant force in the crypto industry, and moving from “platform” to “ecosystem” is the core significance of SunX’s upgrade. The new brand name SunX is more concise and international, making it easier for global users to remember. The letter “X” carries deep meaning, representing:
● eXtension (infinite): Infinite expansion of the ecosystem.
● eXperience (experience): Ultimate trading experience.
● eXchange (future trading): The future form of trading.
Justin Sun explained that this reflects the team’s new vision for the future of decentralized finance, and signifies that SunX will become a smarter, more open, and more liquid DEX.
Long-Termism: Backed by the “Decentralized Trading Golden Triangle,” Refining the Ultimate Experience
Justin Sun stated that SunX’s upgrade is not an isolated effort, but is driven by strategic synergy within the “Decentralized Trading Golden Triangle” formed by Huobi HTX, TRON, and SUN: TRON provides a high-performance underlying network; Huobi HTX serves as a traffic gateway connecting global users; and SUN acts as the core engine for ecosystem innovation and liquidity.
"DEX market share has surged from less than 5% to 20%, a remarkably impressive growth. However, before DEX can fully become mainstream, critical issues such as security, risk control, and user experience must be resolved. Therefore, the key competitive factor for Perp DEXs in 2026 will still be user experience."
To this end, SunX spent nearly two months in a state of 'closed-door cultivation,' focusing on enhancing order book liquidity, market depth, and low-latency trading. Justin Sun admitted that compared to short-term traffic spikes, security and product stability are prioritized, as these are the true factors determining whether traders will stay.
He further noted that backed by the highly profitable ecosystems of TRON and Huobi HTX, SunX faces no pressure for short-term monetization, allowing it to uphold “long-termism” by continuously subsidizing users through zero Gas fees and negative maker fees until the product experience matches or even surpasses that of CEXs, thereby capturing a larger share of the mainstream market.
Strategic Layout: Security First, Multi-Chain Expansion, and Global Growth
In the subsequent media and KOL Q&A session, Justin Sun revealed more strategic details.
Regarding SunX’s strategic planning, Justin Sun emphasized that security remains the top priority. On this foundation, SunX will no longer be limited to the TRON ecosystem alone, but will gradually expand into other major public blockchain ecosystems, aiming to break down barriers between chains.
In terms of market expansion, SunX will continue to focus on serving global users. Meanwhile, the project aims to guide the vast user bases of Huobi HTX and Poloniex to SunX, providing them with a truly decentralized perpetual futures trading experience.
User Benefits: Trading Mining Goes Live, Makers Enjoy 108% Fee Rebate
As its debut following the brand upgrade, SunX officially launched a highly attractive incentive program.
The first phase of the "Trading Mining" event will run from 8:00 PM, November 21 to 8:00 PM, December 6 (UTC+8), with a total prize pool reaching 1.35 million USDT.
During the event, users trading BTC/USDT, ETH/USDT, and SUN/USDT perpetual contracts will receive full fee reimbursement plus additional $SUN token rewards. Makers will enjoy up to 108% fee rebates, while Takers receive 105%. Each user can earn a maximum of 200 USDT per hour.
This event will also deeply empower the $SUN token economy. Throughout the event, all transaction fee revenues generated from participating trading pairs will be used to repurchase $SUN tokens on the Huobi HTX platform, supporting stable value growth. The repurchased $SUN tokens will be fully burned at the end of each quarter (exact timing to be announced separately), creating sustained deflationary effects to reward long-term ecosystem supporters.
On the eve of the DEX boom, SunX is leveraging the support of the “Decentralized Trading Golden Triangle” ecosystem and sharpening ultimate user experience to reshape industry standards for on-chain derivatives trading. From this moment forward, a smarter, safer, and infinitely more capable SunX ecosystem is ready to launch, poised to witness the arrival of a new era in decentralized trading alongside users worldwide.
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