The TRON DeFi world just got a whole lot louder. On October 2, 2025, SunPerp—the decentralized perpetuals exchange (perp DEX) native to the TRON ecosystem—unleashed 10 new USDT-based perpetual contracts, featuring breakout tokens like XPL (Plasma’s governance token) and MYX (Myx Finance’s yield optimizer token).
With leverage boosted to 50x, SunPerp now supports a total of 45 perp trading pairs. From crypto blue-chips like BTC and ETH to TRON-native tokens and memecoin plays, the exchange is rapidly positioning itself as the go-to hub for leverage trading within the TRON ecosystem.
This move follows SunPerp’s splashy debut at TOKEN2049 in Singapore, further cementing TRON’s ambition to evolve from a stablecoin settlement chain into a trading-first blockchain powerhouse.
👉 Key takeaway: SunPerp is not just adding tokens—it’s creating a complete leverage ecosystem around TRON’s dominance in USDT liquidity.
Learn more about TRON’s stablecoin dominance here.
Justin Sun’s Latest Play: TRON Becomes a Trading Chain
Let’s zoom out for a second. TRON already dominates stablecoins, with over $80 billion in USDT circulation, facilitating 75 billion USD in transfers monthly and serving 306 million wallets worldwide (Messari, 2025).
But until recently, TRON lacked a strong derivatives layer. Spot trading? Covered through SunSwap. Memecoins? Blowing up on SunPump. Stablecoins? Absolutely dominant. But perps? That was the missing piece.
That gap is now filled. SunPerp, launched by Justin Sun on September 19, 2025, aims to turn TRON into a perp DEX hub rivaling Solana and Arbitrum.
“We’re turning TRON from a transfer chain into a trading chain,”
— Justin Sun, SunPerp launch announcement, September 19, 2025 (via HTX X Space).
And the traction speaks for itself:
- $30M TVL reached within weeks of launch.
- 7,000 active users onboarded by October 1.
- $19.5M+ cumulative volume already traded.
- Deposits spiked at $10.3M in one day (September 20).
No splashy marketing campaign—just organic pull from TRON’s massive base.
See TRON’s on-chain activity stats here.
Hybrid Hustle: Why SunPerp’s Tech Matters
Most perp DEXs face a tradeoff: full decentralization with slow speeds or off-chain models with centralization risks. SunPerp offers something different—a hybrid architecture that combines:
- Off-chain order matching for millisecond trade execution (CEX-like speed).
- On-chain settlement & custody for full transparency and fund safety.
- USDT PnL calculations, powered by multi-source price oracles to prevent manipulation (Chainlink research, 2025).
- Anti-front-running safeguards and visible Auto-Deleveraging (ADL) indicators.
And here’s the kicker: TRON gas fees are zero, which means high-frequency trades won’t drain your wallet. Compared to Ethereum-based perps, this makes TRON-native trading near frictionless.
Rumors suggest fees under 0.01%—a rate cheaper than even Hyperliquid, currently one of the fastest-growing perp DEXs (The Block, 2025).
Spotlight: The 10 New USDT Perps (Including XPL & MYX)
SunPerp’s announcement adds 10 new perpetual contracts, bringing the total asset count to 45. While the full lineup hasn’t been officially revealed, two stars stand out:
- XPL (Plasma Token): A governance and utility token tied to Plasma’s cross-chain bridging. Traders can now bet on interoperability hype with leverage up to 50x.
- MYX (Myx Finance Token): The token of Myx Finance, a stablecoin yield optimizer. With leveraged trading, MYX holders and speculators can amplify bets on DeFi yield adoption.
Other likely additions include TRON-native tokens like JST, ecosystem projects such as WINkLink, and SunPump-born tokens that already show strong retail traction.
This expansion mirrors centralized exchanges like Binance or Bybit, but with a fully DeFi-native design.
Why This Expansion Matters for TRON
With perps now live, TRON can expect a major liquidity glow-up. Here’s why:
- Even 1% of TRON’s 306M wallets adopting perps could generate CEX-scale liquidity overnight.
- Incentives like 12% APY via “Deposit to Earn,” plus rebates and gas buybacks, increase user stickiness.
- Perp volumes historically surpass spot volumes—just look at Arbitrum and Solana, where perps dominate (Delphi Digital, 2025).
The result? SunPerp could propel TRON to 10–15% of the global perp DEX market by year’s end.
How to Get Started on SunPerp
Ready to try SunPerp? Here’s a step-by-step:
- Connect your TRON wallet (TronLink recommended) at sunperpdex.org.
- Deposit USDT to fund your account.
- Pick a trading pair (e.g., XPL/USDT or MYX/USDT).
- Start small—test at 5x leverage before pushing higher.
- Monitor funding rates (fluctuate every 8 hours).
- Use stop losses to prevent liquidation.
⚠️ Warning for new traders: 50x leverage can amplify wins, but also losses. Use isolated margin for higher-risk tokens like MYX.
What’s Next for SunPerp
SunPerp is just getting started. The roadmap includes:
- Mainnet launch post-TOKEN2049, including governance via $SUN tokens.
- Potential $SUN airdrop for early adopters.
- HTX exchange integration for liquidity pipelines.
- Multi-chain perps bridging to Ethereum and Solana by early 2026.
- RWA perps (real-world assets) for a diversified derivatives market.
If SunPerp hits its target of $100M daily trading volume, it could become TRON’s flagship DeFi product.
Final Thoughts
SunPerp’s new perp listings—including XPL and MYX—aren’t just token adds. They represent TRON’s evolution into a derivatives powerhouse. Backed by hybrid tech, zero gas fees, and massive USDT liquidity, SunPerp could reshape how traders interact with DeFi perps.
For TRON loyalists, this is the biggest upgrade since SunPump. For traders hunting new leverage opportunities, it’s a DEX you can’t ignore.
👉 Bottom line: SunPerp is making TRON a serious contender in the global perp DEX race.
Sources:
- Messari (2025). TRON Ecosystem Overview. https://messari.io
- The Block (2025). Hyperliquid Captures 31% of DEX Perp Volumes. https://theblock.co
- Chainlink Research (2025). Oracle Infrastructure for DeFi. https://chain.link
- DefiLlama (2025). TRON TVL and Usage Stats. https://defillama.com/chain/TRON
- Delphi Digital (2025). Perps Outpacing Spot in DeFi. https://delphidigital.io
- HTX Exchange (2025). Justin Sun X Space Announcement. https://htx.com
