Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Chinese decentralized contract exchange Sun Wukong: $100 million Tongzhou Plan aims to rebuild market confidence, registration is in full swing
2025-10-24 01:41

According to Odaily Planet Daily, on the evening of October 23rd, SunPerp, the world's first Chinese-language decentralized contract trading platform, hosted a livestream event titled "SunWukong's 72nd Debate: A Margin Call Confession!" The event featured a series of industry influencers and traders reviewing the market impact of the 10.11 Black Swan event. Regarding the recently launched $100 million "Same Boat Plan," the platform stated that the initiative aims to provide special subsidies and restart support to traders affected by the Black Swan event, fostering a healthy trading environment and restoring market confidence.

According to official news, Sun Wukong's trading volume on the 22nd reached 80 million USDT, bringing its cumulative trading volume to over 2.5 billion USDT and its total capitalization to 73 million USDT. Sun Wukong's $100 million USDT Sharing Plan is currently ongoing. From 08:00 on October 10, 2025, to 07:59 on October 12, 2025, users who experience margin calls exceeding 500 USDT on any DEX platform can apply for an incentive fund of up to 5,000 USDT. Registration closes on November 25th.