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

On November 20th, the SunPerp brand upgrade launch event was held live on Huobi. Justin Sun, Global Advisor of SunPerp and Huobi HTX , attended the event and officially announced the brand upgrade of SunPerp to SunX ( sunx.io ).

This upgrade marks SunX's leap from a single trading platform to a self-sustaining, self-growing decentralized ecosystem hub. Simultaneously, to celebrate the brand refresh, SunX announced the first phase of its "Transaction Mining" program, boasting a total prize pool of 1.35 million USDT, offering a high percentage of transaction fees back to users worldwide.

Brand Leap Forward: From Platform to Ecosystem, "X" Defines an Infinite Future

At the press conference, Justin Sun pointed out that DEXs are gradually becoming the dominant force in the crypto industry, and the core significance of SunX's upgrade lies in moving from a "platform" to an "ecosystem." The new brand name, SunX, is more concise, international, and easy for global users to remember. The letter "X" carries a deeper meaning, representing:

• eXtension (infinite): The infinite extension of an ecosystem.
• eXperience: The ultimate trading experience.
• eXchange (Future Transactions): Future transaction patterns.

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

Long-termism: Relying on the "decentralized trading golden triangle" to refine the ultimate user experience.

Justin Sun stated that the upgrade of SunX is not an isolated process, but rather a strategic collaboration driven by the "decentralized trading golden triangle" consisting of Huobi HTX, TRON , and SUN: TRON provides a high-performance underlying network; Huobi HTX serves as a traffic portal connecting global users; and SUN becomes the core engine for ecosystem innovation and liquidity.

"Currently, the market share of DEX has surged from less than 5% to 20%, a remarkable increase. However, before DEX becomes mainstream, core issues such as security, risk control, and user experience must be addressed. Therefore, in 2026, the core of competition for Perp DEX will still be user experience."

To this end, SunX spent the first two months in a state of near-seclusion, focusing on refining order book liquidity, market depth, and low transaction latency. Justin Sun frankly stated that compared to a short-term surge in traffic, they valued security and product stability more, as these are the true keys to whether traders will stay.

He further stated that, backed by the two highly profitable ecosystems of TRON and Huobi HTX, SunX has no short-term monetization pressure and can adhere to "long-termism," continuously subsidizing users through zero gas fees and negative maker rates until the product experience completely catches up with or even surpasses CEXs, thereby seizing more mainstream market share.

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

During the subsequent Q&A session with media and KOLs, Justin Sun revealed more strategic details.

Regarding SunX's strategic planning, Justin Sun emphasized that security will always be his top priority. Based on this, SunX will no longer be limited to the TRON ecosystem alone, but will gradually expand to more mainstream public blockchain ecosystems, aiming to break down barriers between blockchains.

In terms of market expansion, SunX will continue to dedicate itself to serving global users. Simultaneously, the project will strive to drive the large user bases of Huobi HTX and Poloniex to SunX, providing them with a truly decentralized perpetual contract experience.

User benefits: With the launch of transaction mining, Maker users can enjoy a 108% rebate on transaction fees.

As its debut after the brand upgrade, SunX officially launched a highly attractive incentive program.

It is reported that the first phase of the " transaction mining " event will be held from 20:00 on November 21 to 20:00 on December 6 (UTC+8), with a total prize pool of up to 1.35 million USDT.

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

This event will also deeply empower the $SUN token economic model. During the event, all transaction fees generated by participating users will be used to repurchase $SUN tokens on the Huobi HTX platform to support the stable growth of its value. All repurchased $SUN tokens will be burned in full at the end of each quarter (specific dates to be announced later), rewarding long-term ecosystem supporters through a continuous deflationary effect.

Standing on the eve of the DEX boom, SunX, backed by its "decentralized trading golden triangle" ecosystem and wielding an ultimate user experience, is reshaping the industry standard for on-chain derivatives trading. From this moment on, a smarter, safer, and more limitless SunX ecosystem is poised to launch, looking forward to witnessing the arrival of a new era of decentralized trading with users worldwide.