Justin Sun Announces Entry of TRON Into Perps DEX Race, Launches SunPerp

TRON:- For the first time, Perps’ trading volume has hit $1 trillion last month in September 2025. As the Perp DEX wars continues continues to rage on, TRON founder and HTX Advisor Justin Sun made a big revelation at the just concluded Token2049 conference in Singapore.

Clad in in Black suit, he announced TRON’s entry into the Perps DEX market with the launch of first perpetual futures focused DEX SunPerps, calling it the “Temu of DEXs”.

SunPerp – TRON’s first on-chain perp DEX

Coming at the competitive market landscape, the most strategic bet by Justin Sun is on the “zero fees strategy of SunPerp.”

The exchange features ultra-low fees under its “Zero Gas Strategy,” fully refunding users for gas costs on contract approvals, deposits, trades, and withdrawals. The launch becomes significant as blockchains are striving hard to attract the derivatives traders on their DEXs.

For instance, BNB chain recently reduced its gets fees to a new minimum gas price of 0.05 Gwei (half a cent). Now, TRON has taken a step forward and become the latest player to enter the race by offering lowest or zeros fees on its DEX SunPerp.

As per the Press Release shared with Block of Fame, in its public beta phase, SunPerp has already attracted over 10,000 users and generated more than 900 million USDT in cumulative trading volume.

SunPerp also includes a Dark Pool mode that enhances privacy by concealing order data – a crucial feature growing significance with Binance CZ specifically calling it out. There are other professional trading tools as well with low-latency APIs, and cross-chain support of Ethereum, Solana, and other major networks. Backed by an Insurance Fund, 12% APY staking, and partnerships with leading wallets and market makers, the platform said “it aims to provide its users both security and growth.”

Interestingly in what could be seen as him going back to roots, Justin Sun has also announced the SunPerp’s Chinese brand: “Sun Wukong”. This makes it the world’s first DEX to embrace a Chinese brand name while the country continues to show its resistance to crypto. He also informed, “I will use 100% of the revenue generated by SunPerp to repurchase $SUN (to support ecological value and token stability.”

Also Read: Binance Launches its Card in Brazil

Can Justin Sun’s TRON Survive the Competition

While the TRON and SunPerps bet can be significant, however, the perps market is quite competitive. Currently CZ-supported DEX Aster leads the trading volume with over $420 billion of activity in September 2025. The BNB and CZ-backed DEX has even replaced the long dominated Hyperliquid’s place earning $25 million in revenue than of Hyperliquid’s $3.2 million.

TRON | SunPerps
TRON’s Current Perp Activity | Source: DeFiLlama

However, the scenario remains volatile and unpredictable with the Aster token recently dropping by 5-6% after DeFiLlama founders’ allegations of “integrity.” Thus, as the market grows up to see more entrants and product innovations, TRON’s SunPerp might have its chance.

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Source: https://coingape.com/brandtalk/pulse/justin-sun-announces-entry-of-tron-into-perps-dex-race-launches-sunperp/