From platform to ecosystem, SunPerp has upgraded to SunX: Justin Sun explains the "long-termism" and globalization layout of DEX.

On November 20th, the SunPerp brand upgrade launch event was grandly held through Huobi Live. SunPerp and Huobi HTX global advisor Sun Yuchen attended the event and officially announced that the SunPerp brand has been upgraded to SunX (sunx.io).

This upgrade marks the transition of SunX from a single trading platform to a decentralized ecosystem hub that is self-circulating and self-growing. At the same time, to celebrate the brand renewal, SunX has announced the “First Phase of Trading Mining” activity with a total prize pool of up to 1.35 million USDT, offering a high percentage of transaction fee rebates to global users.

Brand Leap: From Platform to Ecosystem, “X” Defines Infinite Future

At the press conference, Sun Yuchen pointed out that DEX is gradually becoming the dominant force in the cryptocurrency industry, and the transition from “platform” to “ecosystem” is the core significance of the SunX upgrade. The new brand name SunX is more concise, internationalized, and easy for global users to remember. The letter “X” carries deep meaning, representing:

● eXtension (Unlimited): The infinite extension of ecology.

● eXperience: Ultimate trading experience.

● eXchange (Future Trading): Future trading form.

Sun Yuchen explained that this represents the team's new vision for the future of decentralized finance and also means that SunX will become a more intelligent, open, and liquid DEX.

Long-termism: Backed by the “decentralized trading triangle”, honing the ultimate experience

Sun Yuchen stated that the upgrade of SunX is not being carried out in isolation, but is driven by the strategic synergy of the “decentralized trading golden triangle” formed by Huobi HTX, TRON, and SUN: TRON provides a high-performance underlying network; Huobi HTX serves as an entry point connecting global users; and SUN becomes the core engine of ecological innovation and liquidity.

“Currently, the market share of DEX has surged from less than 5% to 20%, which is indeed impressive. However, before DEX can become mainstream, core issues such as security, risk control, and user experience must be addressed. Based on this, the core competition for Perp DEX in 2026 will still be user experience.”

To this end, SunX was almost in a state of “closed-door training” in the first two months, focusing on refining order book liquidity, market depth, and low latency trading. Sun Yuchen admitted that he values security and product stability more than short-term traffic surges, as these are the key factors that truly determine whether traders can stay.

He further stated that with the strong backing of the two highly profitable ecosystems, TRON and HTX, SunX does not face short-term monetization pressure, allowing it to adhere to “long-termism”. By continuously subsidizing users through zero Gas fees and negative Maker fees, it aims to fully match or even surpass the product experience of CEX, thereby capturing more mainstream market share.

Strategic Layout: Security First, Multi-Chain Progress and Global Expansion

In the subsequent media and KOL Q&A session, Sun Yuchen revealed more strategic details.

In terms of SunX's strategic planning, Sun Yuchen particularly emphasized that safety is always the top priority. Based on this, SunX will no longer be limited to the single ecosystem of TRON and will gradually expand to more mainstream public chain ecosystems in the future, aiming to break down the barriers between chains.

In terms of market expansion, SunX will continue to focus on serving global users. At the same time, the project will aim to guide the large user bases of Huobi HTX and Poloniex to SunX, providing them with a true decentralized perpetual contract experience.

User benefits: Trading mining is online, Makers enjoy 108% fee return.

As the first show after the brand upgrade, SunX officially launched an attractive incentive program.

According to reports, the first phase of the “trading mining” event will take place from November 21, 20:00 to December 6, 20:00 (UTC+8), with a total prize pool of up to 1.35 million USDT.

During the event, users participating in BTC/USDT, ETH/USDT, and SUN/USDT perpetual contract trading can receive additional $SUN token rewards on top of a full refund of trading fees. Among them, Maker users can enjoy up to 108% fee refund, while Taker users receive a 105% fee refund. Each user can earn a maximum reward of 200 USDT per hour.

This event will also deeply empower the $SUN token economic model. During the event, all transaction fee revenue generated by users who participate in the activity will be fully used to repurchase the $SUN token on the Huobi HTX platform to support its stable value growth. The repurchased $SUN tokens will be completely destroyed, with the destruction occurring at the end of each quarter (specific time to be announced separately), providing a continuous deflationary effect to reward long-term supporters of the ecosystem.

On the eve of the DEX explosion, SunX is backed by the “decentralized trading golden triangle” ecosystem, using an ultimate experience as a sword to reshape the industry standards for on-chain derivatives trading. From this moment on, a smarter, safer, and infinitely possible SunX ecosystem is poised to take off, looking forward to witnessing the arrival of a new era of decentralized trading with global users.